Annual report pursuant to Section 13 and 15(d)

Net Income Per Share Attributable to Common Stockholders

v3.25.0.1
Net Income Per Share Attributable to Common Stockholders
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net Income Per Share Attributable to Common Stockholders NET INCOME PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS
The following table reconciles basic and diluted weighted average common shares outstanding and common stock dividends declared (in millions, except per share data):
Year Ended December 31,
2024 2023 2022
Net income attributable to Cheniere $ 3,252  $ 9,881  $ 1,428 
Weighted average common shares outstanding:
Basic 228.4  241.0  251.1 
Dilutive unvested stock 0.7  1.6  2.3 
Diluted 229.1  242.6  253.4 
Net income per share attributable to common stockholders—basic (1)
$ 14.24  $ 40.99  $ 5.69 
Net income per share attributable to common stockholders—diluted (1)
$ 14.20  $ 40.72  $ 5.64 
(1)Earnings per share in the table may not recalculate exactly due to rounding because it is calculated based on whole numbers, not the rounded numbers presented.

On January 28, 2025, we declared a quarterly dividend of $0.50 per share of common stock that is payable on February 21, 2025 to stockholders of record as of the close of business on February 7, 2025.

During the year ended December 31, 2022, 0.3 million shares of potentially dilutive securities related to the 4.25% Convertible Senior Notes due 2045 (the “2045 Cheniere Convertible Senior Notes”) were excluded from the diluted net income per share computation because their effects would have been anti-dilutive. The 2045 Cheniere Convertible Senior Notes were redeemed or converted in cash on January 5, 2022. However, the adoption of ASU 2020-06 on January 1, 2022
required a presumption of share settlement for the purpose of calculating the impact to diluted earnings per share during the period the notes were outstanding in 2022. Such impact was anti-dilutive as a result of the reported net loss attributable to common stockholders during the 2022 period.