Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Parker Hannifin (NYSE:PH) has outperformed the market over the past 10 years by 3.69% on an annualized basis producing an average annual return of 13.71%. Currently, Parker Hannifin has a market capitalization of $59.13 billion.
Buying $1000 In PH: If an investor had bought $1000 of PH stock 10 years ago, it would be worth $3,643.74 today based on a price of $460.26 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.
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