Basic earnings per common share (“EPS”) is computed by dividing net income attributable to the common shareholders of the Company by the weighted-average number of common shares outstanding. Diluted EPS is computed in the same manner as basic EPS, except the number of shares is increased to include additional common shares that would have been outstanding if potential common shares with a dilutive effect had been issued. Potential common shares consist primarily of restricted performance shares and stock options calculated using the treasury stock method.


(in millions, except per share data)	Year Ended December 31,
	2025		2024		2023
Amount attributable to S&P Global Inc. common shareholders:


Net income	$	4,471	$	3,852	$	2,626

Basic weighted-average number of common shares outstanding	304.8		311.6		318.4
Effect of dilutive securities	0.3		0.3		0.5
Diluted weighted-average number of common shares outstanding	305.1		311.9		318.9

Earnings per share attributable to S&P Global Inc. common shareholders:






Net income:
Basic	$	14.67	$	12.36	$	8.25
Diluted	$	14.66	$	12.35	$	8.23

We have certain stock options and restricted performance shares that are potentially excluded from the computation of diluted EPS. The effect of the potential exercise of stock options is excluded when the average market price of our common stock is lower than the exercise price of the related option during the period or when a net loss exists because the effect would have been antidilutive. Additionally, restricted performance shares are excluded because the necessary vesting conditions had not been met or when a net loss exists. Restricted performance shares outstanding of 0.4 million, 0.5 million and 0.7 million as of December 31, 2025, 2024 and 2023, respectively, were excluded. As of December 31, 2025, 2024 and 2023, there were no stock options excluded.