Trane Technologies (NYSE:TT) has outperformed the market over the past 15 years by 8.06% on an annualized basis producing an average annual return of 20.31%. Currently, Trane Technologies has a market capitalization of $78.08 billion.
Buying $100 In TT: If an investor had bought $100 of TT stock 15 years ago, it would be worth $1,591.50 today based on a price of $344.96 for TT at the time of writing.
Trane Technologies's Performance Over Last 15 Years
![1721766619_0.png](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240724/45372951-0-88cc110c0684fcf29bfb1f1d0c8e34a5.png/big)
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.