IDEXX Laboratories (NASDAQ:IDXX) has outperformed the market over the past 10 years by 12.43% on an annualized basis producing an average annual return of 23.19%. Currently, IDEXX Laboratories has a market capitalization of $40.53 billion.
Buying $100 In IDXX: If an investor had bought $100 of IDXX stock 10 years ago, it would be worth $788.94 today based on a price of $492.45 for IDXX at the time of writing.
IDEXX Laboratories's Performance Over Last 10 Years
![1723827770_0.png](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240817/46655445-0-f2059d4f6b09096ca27011011d0c7f24.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.