Earnings per Share

9 Months Ended

Sep. 30, 2025

Note 14 — Earnings per Share

Earnings per share is based on the amount of earnings allocated to the shareholders and the weighted average number of shares outstanding during the period for each class of Common Stock. The numerator and denominator used to compute earnings per share were as follows (in millions, except share and per share data):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Income (numerator):
Basic:
Income attributable to Ranger Energy Services, Inc.	$	1.2	$	8.7	$	9.1	$	12.6
Net income attributable to Class A Common Stock	$	1.2	$	8.7	$	9.1	$	12.6

Diluted:
Income attributable to Ranger Energy Services, Inc.	$	1.2	$	8.7	$	9.1	$	12.6
Net income attributable to Class A Common Stock	$	1.2	$	8.7	$	9.1	$	12.6

Weighted average shares (denominator):
Weighted average number of shares - basic	21,769,012		22,241,847		22,208,218		22,608,796
Effect of share-based awards	313,752		252,606		311,862		122,463
Weighted average number of shares - diluted	22,082,764		22,494,453		22,520,080		22,731,259

Basic income per share	$	0.06	$	0.39	$	0.41	$	0.56
Diluted income per share	$	0.05	$	0.39	$	0.40	$	0.55