Here’s How Much You Would Have Made Owning Progressive Stock In The Last 20 Years – Progressive (NYSE:PGR)

Progressive (NYSE:PGR) has outperformed the market over the past 20 years by 2.82% on an annualized basis producing an average annual return of 11.86%. Currently, Progressive has a market capitalization of $142.91 billion.

Buying $100 In PGR: If an investor had bought $100 of PGR stock 20 years ago, it would be worth $936.72 today based on a price of $243.70 for PGR at the time of writing.

Progressive’s Performance Over Last 20 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.