Here's How Much You Would Have Made Owning Nike Stock In The Last 20 Years

Benzinga · 10/17 14:33

Nike (NYSE:NKE) has outperformed the market over the past 20 years by 2.54% on an annualized basis producing an average annual return of 11.16%. Currently, Nike has a market capitalization of $124.83 billion.

Buying $100 In NKE: If an investor had bought $100 of NKE stock 20 years ago, it would be worth $839.44 today based on a price of $83.86 for NKE at the time of writing.

Nike's Performance Over Last 20 Years

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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.