Forterra is a holding company. Through its subsidiaries, Co. is a manufacturer of concrete pipe and precast products and ductile iron pipe for water-related infrastructure applications. Co.'s segments include: Drainage Pipe & Products; and Water Pipe & Products. The Drainage Pipe & Products segment manufactures drainage pipe and precast products in the U.S. and Eastern Canada. Drainage pipe has residential, non-residential and infrastructure applications. The Water Pipe & Products segment manufactures a number of products used for the transmission of potable water and wastewater such as ductile iron pipe (DIP). DIP has residential and infrastructure repair replacement applications. The FRTA average annual return since 2016 is shown above.
The Average Annual Return on the FRTA 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 FRTA 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 FRTA average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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