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Earnings per Share
12 Months Ended
Dec. 31, 2024
Earnings per Share  
Earnings per Share

17.Earnings per Share

Net earnings per share is calculated using the weighted average common shares outstanding as follows:

    

2024

    

2023

Net earnings attributable to shareholders of Fairfax

 

3,874.9

 

4,381.8

Preferred share dividends

 

(48.6)

 

(49.7)

Excess of book value over consideration of preferred shares redeemed (note 16)

53.5

Net earnings attributable to common shareholders – basic and diluted

 

3,879.8

 

4,332.1

Weighted average common shares outstanding – basic

 

22,373,092

 

23,182,558

Share-based payment awards

 

1,790,368

 

1,823,558

Weighted average common shares outstanding – diluted

 

24,163,460

 

25,006,116

Net earnings per common share – basic

$

173.41

$

186.87

Net earnings per common share – diluted

$

160.56

$

173.24