Armstrong Flooring is a producer of resilient flooring products for use primarily in the construction and renovation of commercial, residential and institutional buildings. Co. designs, manufactures, sources and sells flooring products primarily in North America and the Pacific Rim. Co.'s products include: Luxury vinyl tile, a flooring product category with variety of wood and stone designs; Vinyl composition tile, a flooring material composed of polyvinyl chloride chips formed into solid sheets and cut into modular shapes; and Vinyl sheet, a flooring product that comes in a roll that is cut to size. The AFI average annual return since 2016 is shown above.
The Average Annual Return on the AFI average annual return since 2016 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether AFI average annual return since 2016 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the AFI average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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