TPI Composites is a holding company that conducts substantially all of its business operations through its direct and indirect subsidiaries. Co. is an independent manufacturer of composite wind blades for the wind energy market. Co. is a supplier to its original equipment manufacturers (OEM) customers in the manufacture of wind blades and related molding and assembly systems. Co. also provides field service inspection and repair services to its OEM customers and wind farm owners and operators. Co.'s field service inspection and repairs services include diagnostic, repair and maintenance service offerings for wind blades that have been installed on wind turbines located at wind farms. The TPIC average annual return since 2016 is shown above.
The Average Annual Return on the TPIC 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 TPIC 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 TPIC average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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