Here's How Much You Would Have Made Owning IDEXX Laboratories Stock In The Last 20 Years

IDEXX Laboratories IDXX has outperformed the market over the past 20 years by 2.86% on an annualized basis producing an average annual return of 11.3%. Currently, IDEXX Laboratories has a market capitalization of $44.21 billion.

Buying $100 In IDXX: If an investor had bought $100 of IDXX stock 20 years ago, it would be worth $857.66 today based on a price of $545.56 for IDXX at the time of writing.

IDEXX Laboratories'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.