Here's How Much You Would Have Made Owning BlackRock Stock In The Last 15 Years

BlackRock (NYSE:BLK) has outperformed the market over the past 15 years by 2.94% on an annualized basis producing an average annual return of 9.41%. Currently, BlackRock has a market capitalization of $96.72 billion.

Buying $1000 In BLK: If an investor had bought $1000 of BLK stock 15 years ago, it would be worth $3,857.70 today based on a price of $638.41 for BLK at the time of writing.

BlackRock'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.