Parker Hannifin (NYSE:PH) has outperformed the market over the past 15 years by 5.91% on an annualized basis producing an average annual return of 17.97%. Currently, Parker Hannifin has a market capitalization of $69.97 billion.
Buying $1000 In PH: If an investor had bought $1000 of PH stock 15 years ago, it would be worth $11,480.06 today based on a price of $544.91 for PH at the time of writing.
Parker Hannifin'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.