How TPC Works

By Michael K. Lowry
Source: Aviation Week & Space Technology


Economic Profit

Economic Profit measures value created in excess of the aggregate of required returns to company investors (including shareholders and lenders).

The Top-Performing Companies methodologies were developed and implemented by Michael K. Lowry, who was project manager for this study. Lowry is a former senior executive at aerospace and airlines companies and an equity analyst.

Raw information for TPC results was provided by database vendor Standard & Poor's (which, like AW&ST, is a division of McGraw Hill Financial).

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