The following table sets forth the computation of basic and diluted earnings per share (in millions, except per share data) using the two-class method: | | | | | | | | | | | | | | | | | | | Fiscal Years Ended September 30, | | 2026 | | 2025 | | 2024 | | Numerator for earnings per share: | | | | | | | Net income | $ | 2,108 | | | $ | 2,074 | | | $ | 1,715 | | | Less: Net income attributable to noncontrolling interests | (1) | | | — | | | (1) | | | Net income attributable to TD Group | 2,107 | | | 2,074 | | | 1,714 | | | Less: Dividends declared or paid on participating securities | (59) | | | (208) | | | (233) | | | | | | | | | Net income applicable to TD Group common stockholders—basic and diluted | $ | 2,048 | | | $ | 1,866 | | | $ | 1,481 | | | Denominator for basic and diluted earnings per share under the two-class method: | | | | | | | Weighted-average common shares outstanding | 55.9 | | | 56.3 | | | 55.8 | | | Vested options deemed participating securities | 1.7 | | | 1.9 | | | 2.0 | | | Total shares for basic and diluted earnings per share | 57.6 | | | 58.2 | | | 57.8 | | | | | | | | | | | | | | | | | | | | Earnings per share—basic and diluted (1) | $ | 35.51 | | | $ | 32.08 | | | $ | 25.62 | |
(1)Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated using unrounded numbers.
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