Here’s How Much You Would Have Made Owning BlackRock Stock In The Last 20 Years

BlackRock (NYSE:BLK) has outperformed the market over the past 20 years by 1.29% on an annualized basis producing an average annual return of 10.35%. Currently, BlackRock has a market capitalization of $165.39 billion.

Buying $1000 In BLK: If an investor had bought $1000 of BLK stock 20 years ago, it would be worth $7,162.57 today based on a price of $1067.94 for BLK at the time of writing.

BlackRock’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.