If You Invested $100 In Parker Hannifin Stock 10 Years Ago, You Would Have This Much Today

Parker Hannifin (NYSE:PH) has outperformed the market over the past 10 years by 8.4% on an annualized basis producing an average annual return of 22.21%. Currently, Parker Hannifin has a market capitalization of $114.06 billion.

Buying $100 In PH: If an investor had bought $100 of PH stock 10 years ago, it would be worth $733.79 today based on a price of $900.73 for PH at the time of writing.

Parker Hannifin’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.