Progressive (NYSE:PGR) has outperformed the market over the past 10 years by 14.11% on an annualized basis producing an average annual return of 24.65%. Currently, Progressive has a market capitalization of $129.87 billion.
Buying $1000 In PGR: If an investor had bought $1000 of PGR stock 10 years ago, it would be worth $9,162.40 today based on a price of $221.73 for PGR at the time of writing.
Progressive’s Performance Over Last 10 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.
