CENTURY ALUMINUM CO Earnings Per Share Disclosure
For the year ended December 31, 2025 | |||||||||||||||||
Net Income | Shares (in millions) | Per Share | |||||||||||||||
Net income attributable to Century stockholders | $ | 41.8 | |||||||||||||||
| Less: net income allocated to participating securities | 1.8 | ||||||||||||||||
| Basic EPS: | |||||||||||||||||
| Net income allocated to common stockholders | $ | 40.0 | 94.2 | $ | 0.42 | ||||||||||||
Effect of Dilutive Securities(1): | |||||||||||||||||
| Share-based compensation | — | 1.1 | |||||||||||||||
| Diluted EPS: | |||||||||||||||||
Net income allocated to common stockholders | $ | 40.0 | 95.3 | $ | 0.42 | ||||||||||||
For the year ended December 31, 2024 | |||||||||||||||||
| Net Income | Shares (in millions) | Per Share | |||||||||||||||
| Net income attributable to Century stockholders | $ | 336.8 | |||||||||||||||
| Less: net income allocated to participating securities | 17.9 | ||||||||||||||||
| Basic EPS: | |||||||||||||||||
| Net income allocated to common stockholders | $ | 318.9 | 92.8 | $ | 3.44 | ||||||||||||
| Effect of dilutive securities: | |||||||||||||||||
| Share-based compensation | — | 1.0 | |||||||||||||||
| Convertible senior notes | 2.7 | 4.6 | |||||||||||||||
| Diluted EPS: | |||||||||||||||||
| Net income allocated to common stockholders | $ | 321.6 | 98.4 | $ | 3.27 | ||||||||||||
For the year ended December 31, 2023 | |||||||||||||||||
| Net Loss | Shares (in millions) | Per Share | |||||||||||||||
| Net loss attributable to Century stockholders | $ | (43.1) | |||||||||||||||
| Amount allocated to common stockholders | 100 | % | |||||||||||||||
Basic and Diluted EPS:(1) | $ | (43.1) | 92.4 | $ | (0.47) | ||||||||||||
Securities excluded from the calculation of diluted EPS (in millions)(1): | 2025 | 2024 | 2023 | ||||||||||||||
Share-based compensation | 0.6 | 0.6 | 1.0 | ||||||||||||||
| Convertible preferred shares | 4.1 | 5.2 | 5.4 | ||||||||||||||
| Convertible senior notes | 4.6 | — | 4.6 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 3, 2026 | Showing above |
| 2024 | Mar 3, 2025 | |
| 2023 | Mar 15, 2024 | |
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.