Earnings per share

3 Months Ended

Mar. 31, 2025

Earnings per share. Basic earnings per share (EPS) attributable to Stewart is calculated by dividing net income attributable to Stewart by the weighted-average number of shares of Common Stock outstanding during the reporting periods. To calculate diluted EPS, the number of shares is adjusted to include the number of additional shares that would have been outstanding if restricted units were vested and issued and stock options were exercised. In periods of net losses, dilutive shares are excluded from the calculation of the diluted EPS and diluted EPS is computed in the same manner as basic EPS.

The calculation of the basic and diluted EPS is as follows:


	Three Months Ended March 31,
	2025	2024
Numerator:


Net income attributable to Stewart (in $'000)	3,077	3,130

Denominator (in '000):
Basic average shares outstanding	27,828	27,512
Average number of dilutive shares relating to options	201	197
Average number of dilutive shares relating to restricted units	312	318
Diluted average shares outstanding	28,341	28,027

Basic earnings per share attributable to Stewart ($)	0.11	0.11

Diluted earnings per share attributable to Stewart ($)	0.11	0.11