$1000 Invested In This Stock 20 Years Ago Would Be Worth $6,600 Today

Illinois Tool Works (NYSE:ITW) has outperformed the market over the past 20 years by 2.36% on an annualized basis producing an average annual return of 9.99%. Currently, Illinois Tool Works has a market capitalization of $71.81 billion.

Buying $1000 In ITW: If an investor had bought $1000 of ITW stock 20 years ago, it would be worth $6,584.64 today based on a price of $237.47 for ITW at the time of writing.

Illinois Tool Works'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.