Here’s How Much You Would Have Made Owning Steel Dynamics Stock In The Last 15 Years

Steel Dynamics (NASDAQ:STLD) has outperformed the market over the past 15 years by 8.9% on an annualized basis producing an average annual return of 21.93%. Currently, Steel Dynamics has a market capitalization of $34.38 billion.

Buying $1000 In STLD: If an investor had bought $1000 of STLD stock 15 years ago, it would be worth $19,019.22 today based on a price of $237.55 for STLD at the time of writing.

Steel Dynamics’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.