Here's How Much $1000 Invested In Progressive 15 Years Ago Would Be Worth Today

Progressive (NYSE:PGR) has outperformed the market over the past 15 years by 6.45% on an annualized basis producing an average annual return of 17.28%. Currently, Progressive has a market capitalization of $81.56 billion.

Buying $1000 In PGR: If an investor had bought $1000 of PGR stock 15 years ago, it would be worth $10,236.38 today based on a price of $139.40 for PGR at the time of writing.

Progressive'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.