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 stock yearly return is shown above.
The yearly return on the TPIC stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the TPIC annual return calculation with any dividends reinvested as applicable (on ex-dates).
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