Here's How Much $1000 Invested In Blackstone 5 Years Ago Would Be Worth Today

Blackstone BX has outperformed the market over the past 5 years by 24.75% on an annualized basis.

Buying $1,000.00 In BX: 5 years ago, an investor could have purchased 38.67 shares of Blackstone at the time with $1,000.00. This investment in BX would have produced an average annual return of 40.42%. Currently, Blackstone has a market capitalization of $103.06 billion.

Blackstone's Share Price Over Last 5 Years

This $1,000.00 investment would be worth $7,070.32 today based on a price of $144.21 for BX at the time of writing. In other words, you would have more than 70X'd your money.

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.

You can check out Benzinga's market data in an enhanced view on Benzinga Pro

This article was generated by Benzinga's automated content engine and reviewed by an editor.