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Here's How Much You Would Have Made Owning Ingersoll Rand Stock In The Last 5 Years

Benzinga ·  12/07/2023 04:30

Ingersoll Rand (NYSE:IR) has outperformed the market over the past 5 years by 15.57% on an annualized basis producing an average annual return of 27.08%. Currently, Ingersoll Rand has a market capitalization of $28.96 billion. Buying $1000 In IR: If an investor had bought $1000 of IR stock 5 years ago, it would be worth $3,239.58 today based on a price of $71.96 for IR at the time of writing.Ingersoll Rand's Performance Over Last 5 YearsFinally -- 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

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