Here's How Much You Would Have Made Owning Progressive Stock In The Last 15 Years

Progressive (NYSE:PGR) has outperformed the market over the past 15 years by 7.17% on an annualized basis producing an average annual return of 19.01%. Currently, Progressive has a market capitalization of $159.05 billion.

Buying $100 In PGR: If an investor had bought $100 of PGR stock 15 years ago, it would be worth $1,395.63 today based on a price of $271.31 for PGR at the time of writing.

Progressive's Performance Over Last 15 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.