Planet Labs designs, constructs, and launches satellites with the intent of providing geospatial data delivered to customers via an online platform. Co.'s platform includes imagery, insights, and machine learning. Co.'s satellite data and analytics reveal insights regarding a range of phenomena, such as deforestation, agriculture, climate change, biodiversity, and supply chains worldwide. Co. serves customers across commercial and government verticals, including agriculture, mapping, forestry, finance and insurance, as well as federal, state, and local government bodies. Co.'s products serve a variety of diverse customer needs. Co. operates in the U.S., Canada, Asia and Europe. The PL average annual return since 2021 is shown above.
The Average Annual Return on the PL 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 PL 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 PL average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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