Copart (NASDAQ:CPRT) has outperformed the market over the past 15 years by 11.49% on an annualized basis producing an average annual return of 23.12%. Currently, Copart has a market capitalization of $48.97 billion.
Buying $1000 In CPRT: If an investor had bought $1000 of CPRT stock 15 years ago, it would be worth $22,326.30 today based on a price of $50.89 for CPRT at the time of writing.
Copart's Performance Over Last 15 Years
![1722879012_0.png](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240806/41815626-0-d5555f6f53ffcc4b42412fb5c888188c.png/big)
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.