$100 Invested In This Stock 15 Years Ago Would Be Worth This Much Today

IDEXX Laboratories (NASDAQ:IDXX) has outperformed the market over the past 15 years by 10.51% on an annualized basis producing an average annual return of 23.32%. Currently, IDEXX Laboratories has a market capitalization of $51.97 billion.

Buying $100 In IDXX: If an investor had bought $100 of IDXX stock 15 years ago, it would be worth $2,311.17 today based on a price of $641.35 for IDXX at the time of writing.

IDEXX Laboratories'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.