BlackRock (NYSE:BLK) has outperformed the market over the past 20 years by 5.63% on an annualized basis producing an average annual return of 13.93%. Currently, BlackRock has a market capitalization of $126.66 billion.
Buying $100 In BLK: If an investor had bought $100 of BLK stock 20 years ago, it would be worth $1,363.48 today based on a price of $854.63 for BLK at the time of writing.
BlackRock's Performance Over Last 20 Years
![1722022299_0.png](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240727/45568349-0-2fb3e288ea4db85dc0ba6ddee1ff9f8a.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.