If You Invested $100 In IDEXX Laboratories Stock 15 Years Ago, You Would Have This Much Today

IDEXX Laboratories (NASDAQ:IDXX) has outperformed the market over the past 15 years by 8.26% on an annualized basis producing an average annual return of 20.91%. Currently, IDEXX Laboratories has a market capitalization of $43.42 billion.

Buying $100 In IDXX: If an investor had bought $100 of IDXX stock 15 years ago, it would be worth $1,746.54 today based on a price of $642.61 for IDXX at the time of writing.

IDEXX Laboratories’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.