Progressive (NYSE:PGR) has outperformed the market over the past 10 years by 12.96% on an annualized basis producing an average annual return of 23.9%. Currently, Progressive has a market capitalization of $122.42 billion.
Buying $1000 In PGR: If an investor had bought $1000 of PGR stock 10 years ago, it would be worth $8,297.74 today based on a price of $209.02 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.