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

BlackRock BLK has outperformed the market over the past 15 years by 1.53% on an annualized basis producing an average annual return of 13.79%. Currently, BlackRock has a market capitalization of $167.17 billion.

Buying $1000 In BLK: If an investor had bought $1000 of BLK stock 15 years ago, it would be worth $6,866.38 today based on a price of $1079.00 for BLK at the time of writing.

BlackRock'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.