GitLab is a technology company. Co.'s primary offering is GitLab, a DevOps platform delivered as a single application. GitLab is provided on both self-managed and software-as-a-service models (Saas). Organizations can deploy The DevOps Platform as a self-managed offering in their own multi-cloud, hybrid-cloud, or on-premises environments, and as a SaaS offering in Co.'s own public cloud. The DevOps Platform is designed in a way that enables Co.'s customers to move their DevOps workflow across any hybrid or multi-cloud environment while maintaining parity and a single application experience. The GTLB average annual return since 2021 is shown above.
The Average Annual Return on the GTLB average annual return since 2021 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 GTLB average annual return since 2021 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 GTLB average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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