Progressive (NYSE:PGR) has outperformed the market over the past 15 years by 6.28% on an annualized basis producing an average annual return of 18.61%. Currently, Progressive has a market capitalization of $127.54 billion.
Buying $100 In PGR: If an investor had bought $100 of PGR stock 15 years ago, it would be worth $1,299.42 today based on a price of $217.75 for PGR at the time of writing.
Progressive'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.