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

Textron TXT has outperformed the market over the past 15 years by 8.66% on an annualized basis producing an average annual return of 23.02%. Currently, Textron has a market capitalization of $17.18 billion.

Buying $1000 In TXT: If an investor had bought $1000 of TXT stock 15 years ago, it would be worth $23,749.33 today based on a price of $89.07 for TXT at the time of writing.

Textron'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.