This EBITDA template will show you how to calculate EBITDA using the income statement and cash flow statement. Download our EBITDA template and assess a company's operational profitability using the income statement and cash flow statement.How Do You Calculate EBITDA? There are two ways to calculate EBITDA. One is based on net income and the other on operating income. EBITDA is "earnings before interest, taxes, depreciation, and amortization. " This calculation is a measure of a company's profits. In order to figure out whether your EBITDA number is 'good' or not, you'll need to calculate your EBITDA margin. What is the EBITDA Margin? Public companies report standard EBITDA in financial statement filings as Adjusted EBITDA is not required in GAAP financial statements.