If You Invested $100 In This Stock 15 Years Ago, You Would Have $2,400 Today

Ulta Beauty ULTA has outperformed the market over the past 15 years by 11.9% on an annualized basis producing an average annual return of 23.93%. Currently, Ulta Beauty has a market capitalization of $18.88 billion.

Buying $100 In ULTA: If an investor had bought $100 of ULTA stock 15 years ago, it would be worth $2,426.86 today based on a price of $400.68 for ULTA at the time of writing.

Ulta Beauty'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.