EARNINGS PER SHARE
The following table is a reconciliation of the number of shares used for the basic and diluted earnings per share calculation:
Year Ended December 31,
(In millions, except per share data)202520242023
Income from continuing operations attributable to TechnipFMC plc$963.9 $842.9 $56.2 
Net income attributable to TechnipFMC plc$963.9 $842.9 $56.2 
Weighted average number of shares outstanding412.2 429.1 438.6 
Dilutive effect of awards granted under our stock incentive plans7.5 11.4 13.7 
Total shares and dilutive securities419.7 440.5 452.3 
Basic and diluted earnings per share attributable to TechnipFMC plc:
Total earnings per share attributable to TechnipFMC plc
Basic$2.34 $1.96 $0.13 
Diluted$2.30 $1.91 $0.12 

For the years ended December 31, 2025, 2024 and 2023, weighted average shares of 0.0 million, 0.0 million and 0.8 million shares, respectively, were excluded from the calculation of diluted weighted average number of shares, because their effect would be anti-dilutive.

Historical Timeline

Fiscal YearFiled
2025Feb 19, 2026Showing above
2020Mar 5, 2021
2019Mar 3, 2020
2018Mar 11, 2019
2017Apr 2, 2018

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.