$100 Invested In Carpenter Tech 20 Years Ago Would Be Worth This Much Today

Benzinga · 10/25 17:00

Carpenter Tech (NYSE:CRS) has outperformed the market over the past 20 years by 1.15% on an annualized basis producing an average annual return of 9.67%. Currently, Carpenter Tech has a market capitalization of $7.64 billion.

Buying $100 In CRS: If an investor had bought $100 of CRS stock 20 years ago, it would be worth $649.34 today based on a price of $152.99 for CRS at the time of writing.

Carpenter Tech'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.