DENTSPLY SIRONA Inc. Earnings Per Share Disclosure
Basic Loss Per Common Share | Year Ended December 31, | |||||||||||||||||||
| (in millions, except per share amounts) | 2025 | 2024 | 2023 | |||||||||||||||||
| Net loss attributable to Dentsply Sirona | $ | (598) | $ | (910) | $ | (132) | ||||||||||||||
| Weighted average common shares outstanding | 199.4 | 203.2 | 212.0 | |||||||||||||||||
| Basic loss per common share | $ | (3.00) | $ | (4.48) | $ | (0.62) | ||||||||||||||
Diluted Loss Per Common Share | Year Ended December 31, | |||||||||||||||||||
| (in millions, except per share amounts) | 2025 | 2024 | 2023 | |||||||||||||||||
| Net loss attributable to Dentsply Sirona | $ | (598) | $ | (910) | $ | (132) | ||||||||||||||
| Weighted average common shares outstanding | 199.4 | 203.2 | 212.0 | |||||||||||||||||
| Incremental weighted average shares from assumed exercise of dilutive options from stock-based compensation awards | — | — | — | |||||||||||||||||
| Total weighted average diluted shares outstanding | 199.4 | 203.2 | 212.0 | |||||||||||||||||
| Diluted loss per common share | $ | (3.00) | $ | (4.48) | $ | (0.62) | ||||||||||||||
| Weighted average shares excluded from diluted common shares outstanding due to reported net loss | 0.8 | 0.6 | 1.1 | |||||||||||||||||
| Weighted average shares excluded from diluted common shares outstanding due to antidilutive nature | 4.5 | 3.7 | 3.0 | |||||||||||||||||
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.