Lockheed Martin LMT has outperformed the market over the past 20 years by 2.46% on an annualized basis producing an average annual return of 9.48%. Currently, Lockheed Martin has a market capitalization of $111.37 billion.
Buying $1000 In LMT: If an investor had bought $1000 of LMT stock 20 years ago, it would be worth $6,097.38 today based on a price of $418.53 for LMT at the time of writing.
Lockheed Martin'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.
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