DANA Inc Earnings Per Share Disclosure
Reconciliation of the numerators and denominators of the earnings per share calculations —
| 2025 | 2024 | 2023 | ||||||||||
| Net loss from continuing operations | (53 | ) | (342 | ) | (262 | ) | ||||||
| Less: Noncontrolling interests net income from continuing operations | 17 | 21 | 22 | |||||||||
| Less: Redeemable noncontrolling interest net loss from continuing operations | (13 | ) | (12 | ) | ||||||||
| Net loss from continuing operations attributable to the parent company | (70 | ) | (350 | ) | (272 | ) | ||||||
| Net income from discontinued operations | 155 | 293 | 310 | |||||||||
| Net income (loss) attributable to the parent company | $ | 85 | $ | (57 | ) | $ | 38 | |||||
| Denominator: | ||||||||||||
| Weighted-average common shares outstanding - Basic | 133.7 | 145.2 | 144.4 | |||||||||
| Employee compensation-related shares, including stock options | ||||||||||||
| Weighted-average common shares outstanding - Diluted | 133.7 | 145.2 | 144.4 | |||||||||
The share count for diluted earnings per share is computed on the basis of the weighted-average number of common shares outstanding plus the effects of dilutive common stock equivalents (CSEs) outstanding during the period. We excluded 0.1 million CSEs from the calculations of diluted earnings per share for the year 2023 as the effect of including them would have been anti-dilutive. In addition, we excluded CSEs that satisfied the definition of potentially dilutive shares of 1.8 million, 0.2 million, and 0.2 million for 2025, 2024, and 2023 as a result of the loss from continuing operations for these periods.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 27, 2026 | Showing above |
| 2024 | Feb 20, 2025 | |
| 2023 | Feb 20, 2024 | |
| 2022 | Feb 21, 2023 | |
| 2021 | Feb 23, 2022 | |
| 2020 | Feb 18, 2021 | |
| 2019 | Feb 14, 2020 | |
| 2018 | Feb 15, 2019 | |
| 2017 | Feb 14, 2018 | |
| 2016 | Feb 10, 2017 | |
| 2015 | Feb 18, 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.