Carpenter Tech (NYSE:CRS) has outperformed the market over the past 20 years by 1.79% on an annualized basis producing an average annual return of 9.6%. Currently, Carpenter Tech has a market capitalization of $8.37 billion.

Buying $100 In CRS: If an investor had bought $100 of CRS stock 20 years ago, it would be worth $601.04 today based on a price of $167.60 for CRS at the time of writing.

Carpenter Tech'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.