Basic EPS vs Diluted EPS: Understanding Earnings Per Share Metrics Basic EPS vs Diluted EPS: Understanding Earnings Per Share Metrics Earnings Per Share (EPS) is one of the most widely used financial metrics to evaluate a company's profitability. Kiran Shroff / Monday, February 10, 2025 / Article rating: 5.0 However, there are two key types of EPS—Basic EPS and Diluted EPS—each providing a different perspective on a company’s financial health.