A measure of how much money a company earns for each share of its stock, assuming that all the securities that can be turned into shares were actually turned into shares. Diluted EPS is always equal to or less than Basic EPS, which does not include these securities. If a company does not report Diluted EPS separately, it means that it is the same as Basic EPS. If a company says that there is no significant difference between Basic and Diluted EPS, it means that there are not many securities that can be turned into shares.