Benzinga - by Benzinga Insights, Benzinga Staff Writer.
BlackRock (NYSE:BLK) has outperformed the market over the past 20 years by 5.38% on an annualized basis producing an average annual return of 13.41%. Currently, BlackRock has a market capitalization of $114.47 billion.
Buying $1000 In BLK: If an investor had bought $1000 of BLK stock 20 years ago, it would be worth $12,295.45 today based on a price of $770.31 for BLK at the time of writing.
BlackRock's Performance Over Last 20 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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![If You Invested $1000 In This Stock 20 Years Ago, You Would Have $12,000 Today](https://d51-invdn-com.investing.com/content/picabfdb66daf0fcc5c99ab7182f93275d6.png)