If You Invested $100 In BlackRock Stock 20 Years Ago, You Would Have This Much Today

BlackRock (NYSE:BLK) has outperformed the market over the past 20 years by 3.18% on an annualized basis producing an average annual return of 11.97%. Currently, BlackRock has a market capitalization of $161.81 billion.

Buying $100 In BLK: If an investor had bought $100 of BLK stock 20 years ago, it would be worth $970.38 today based on a price of $1042.92 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.