Parker Hannifin (NYSE:PH) has outperformed the market over the past 20 years by 3.83% on an annualized basis producing an average annual return of 10.91%. Currently, Parker Hannifin has a market capitalization of $31.43 billion.
Buying $100 In PH: If an investor had bought $100 of PH stock 20 years ago, it would be worth $792.25 today based on a price of $244.81 for PH at the time of writing.
Parker Hannifin’s Performance Over Last 20 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.