Note 10. Earnings Per Share of Common Stock

 

The following table sets forth the reconciliations of the numerators and denominators of the Company’s basic and diluted earnings (loss) per share calculations for the years ended December 31, 2025, 2024 and 2023.

 

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

 

 

 

Net (loss) income attributable to Chemours

 

$

(386

)

 

$

69

 

 

$

(253

)

Denominator:

 

 

 

 

 

 

 

 

 

Weighted-average number of common shares
outstanding - basic

 

 

150,237,101

 

 

 

149,494,462

 

 

 

148,912,397

 

Dilutive effect of the Company’s employee
compensation plans (1)

 

 

 

 

 

677,827

 

 

 

 

Weighted-average number of common shares
outstanding - diluted

 

 

150,237,101

 

 

 

150,172,289

 

 

 

148,912,397

 

 

 

 

 

 

 

 

 

 

 

Basic (loss) earnings per share of common stock (2)

 

$

(2.57

)

 

$

0.46

 

 

$

(1.70

)

Diluted (loss) earnings per share of common stock (1) (2)

 

 

(2.57

)

 

 

0.46

 

 

 

(1.70

)

(1)
In periods where the Company incurs a net loss, the impact of potentially dilutive securities is excluded from the calculation of EPS, as their inclusion would have an anti-dilutive effect. As such, with respect to the measure of diluted EPS, the impact of 404,781 and 1,584,958 potentially dilutive securities is excluded from the calculation for the year ended December 31, 2025 and December 31, 2023.
(2)
Figures may not recalculate exactly due to rounding. Basic and diluted earnings (loss) per share are calculated based on unrounded numbers.

 

The following table sets forth the average number of stock options and performance stock options that were out of the money and, therefore, were not included in the Company’s diluted earnings (loss) per share calculations for the years ended December 31, 2025, 2024 and 2023.

 

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

Average number of stock options

 

 

4,353,418

 

 

 

2,246,602

 

 

 

1,444,099

 

 

Historical Timeline

Fiscal YearFiled
2025Feb 24, 2026Showing above
2024Feb 18, 2025
2023Mar 27, 2024
2022Feb 10, 2023
2021Feb 11, 2022
2020Feb 12, 2021
2019Feb 14, 2020
2018Feb 15, 2019
2017Feb 16, 2018
2016Feb 17, 2017
2015Feb 25, 2016

About Earnings Per Share Disclosures

The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.

Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.