Earnings per share

12 Months Ended

Dec. 31, 2025

Earnings per share

Earnings per share

12. Earnings per share

Earnings per share (“EPS”) is computed on a basic and diluted basis. Basic EPS is computed by dividing net income (less preferred stock dividends) available to common stockholders by the weighted average number of common shares outstanding during the period. The computation of diluted EPS assumes the issuance of common shares for all potential common shares outstanding during the reporting period and, if dilutive, the effect of stock options as computed under the treasury stock method.

The following summarizes information related to the computation of basic and diluted EPS:

	Year Ended December 31,
	2025		2024		2023
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders	$	18,627,308	$	17,882,370	$	30,672,135
Less: preferred stock dividends		(22,572)		(18,595)		(15,513)
Net income from continuing operations available to common shares in the determination of basic earnings per common share		18,604,736		17,863,775		30,656,622
Income (loss) from discontinued operations		(290,635)		10,355,184		(1,086,744)
Net income available to common shares in the determination of basic earnings per common share	$	18,314,101	$	28,218,959	$	29,569,878
Weighted average number of common shares in the determination of basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders		15,923,032		15,832,328		15,739,056
Plus:
Weighted average number of preferred shares outstanding during the period		41,907		44,257		39,885
Potential dilutive effect of unexercised options and unvested stock grants		43,124		59,377		86,956
Weighted average number of shares used for determining diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders		16,008,063		15,935,962		15,865,897