Progressive (NYSE:PGR) has outperformed the market over the past 20 years by 4.34% on an annualized basis producing an average annual return of 12.11%. Currently, Progressive has a market capitalization of $125.71 billion.
Buying $1000 In PGR: If an investor had bought $1000 of PGR stock 20 years ago, it would be worth $9,931.99 today based on a price of $214.64 for PGR at the time of writing.
Progressive's Performance Over Last 20 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.