$1000 Invested In ResMed 15 Years Ago Would Be Worth This Much Today

ResMed RMD has outperformed the market over the past 15 years by 4.34% on an annualized basis producing an average annual return of 16.13%. Currently, ResMed has a market capitalization of $25.21 billion.

Buying $1000 In RMD: If an investor had bought $1000 of RMD stock 15 years ago, it would be worth $9,686.35 today based on a price of $171.40 for RMD at the time of writing.

ResMed'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.