Here's How Much $1000 Invested In Progressive 20 Years Ago Would Be Worth Today

Progressive PGR has outperformed the market over the past 20 years by 3.95% on an annualized basis producing an average annual return of 12.15%. Currently, Progressive has a market capitalization of $123.43 billion.

Buying $1000 In PGR: If an investor had bought $1000 of PGR stock 20 years ago, it would be worth $9,817.17 today based on a price of $210.75 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.