StandardAero, Inc. Earnings Per Share Disclosure
NOTE 4: EARNINGS (LOSS) PER SHARE
As a result of the 103-for-one stock split and the Restructuring Transactions in 2024, the 281,211,630 shares of the Company’s Common Stock held were distributed to former holders of Class A-1 Units and Class A-2 Units of Dynasty Parent Holdings, L.P. in an aggregate of 275,053,375 shares of Common Stock (of which 8,157 were restricted shares at the time of distribution), and also to holders of Class B Units of Dynasty Parent Holdings, L.P. in an aggregate of 6,158,255 shares of Common Stock (of which 6,028,394 were restricted shares at the time of distribution). For purposes of the computation of earnings (loss) per share this distribution represented a net 100.79-for-one stock split of the Company’s Common Stock which is retroactively adjusted for all periods presented.
The following table summarizes the computation of basic and diluted net income per share attributable to the stockholders:
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Year ended December 31, |
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2025 |
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2024 |
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2023 |
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(in thousands, except per share amounts) |
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Numerator for earnings per share: |
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Net income (loss) |
$ |
277,417 |
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$ |
10,974 |
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$ |
(35,061 |
) |
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Denominator for earnings per share: |
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Weighted average shares of common stock - basic |
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328,448 |
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288,415 |
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275,175 |
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Dilutive effect of stock options and restricted stock awards |
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5,873 |
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|
1,384 |
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— |
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Weighted average shares - diluted |
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334,321 |
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|
|
289,799 |
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275,175 |
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Earnings (loss) per share: |
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Basic earnings (loss) per share |
$ |
0.84 |
|
|
$ |
0.04 |
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|
$ |
(0.13 |
) |
Diluted earnings (loss) per share |
$ |
0.83 |
|
|
$ |
0.04 |
|
|
$ |
(0.13 |
) |
The Company has 5,840,568 contingently issuable shares of Common Stock that are issuable upon the Company’s completion of a liquidity event, which has not occurred as of December 31, 2025. These shares are excluded from weighted average shares of common stock - basic, but included in the calculation of the dilutive effect of stock options and restricted stock awards. Anti-dilutive shares of 0.5 million for the year ended December 31, 2025, were excluded from the calculation of the dilutive effect of stock options and restricted stock awards. See Note 19, Stock Based Compensation for further information.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 26, 2026 | Showing above |
| 2024 | Mar 12, 2025 | |
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.