Parker Hannifin PH has outperformed the market over the past 20 years by 6.54% on an annualized basis producing an average annual return of 14.77%. Currently, Parker Hannifin has a market capitalization of $79.71 billion.
Buying $100 In PH: If an investor had bought $100 of PH stock 20 years ago, it would be worth $1,548.32 today based on a price of $619.02 for PH at the time of writing.
Parker Hannifin’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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