$1000 Invested In Parker Hannifin 10 Years Ago Would Be Worth This Much Today

Parker Hannifin PH has outperformed the market over the past 10 years by 8.53% on an annualized basis producing an average annual return of 20.36%. Currently, Parker Hannifin has a market capitalization of $92.60 billion.

Buying $1000 In PH: If an investor had bought $1000 of PH stock 10 years ago, it would be worth $6,218.33 today based on a price of $719.15 for PH at the time of writing.

Parker Hannifin's Performance Over Last 10 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.