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 5.44% on an annualized basis producing an average annual return of 13.48%. Currently, Progressive has a market capitalization of $163.76 billion.

Buying $1000 In PGR: If an investor had bought $1000 of PGR stock 20 years ago, it would be worth $12,375.22 today based on a price of $279.36 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.