Here's How Much $1000 Invested In Lockheed Martin 20 Years Ago Would Be Worth Today

Lockheed Martin Corporation +1.13%

Lockheed Martin Corporation

LMT

480.25

+1.13%

Lockheed Martin (NYSE:LMT) has outperformed the market over the past 20 years by 4.12% on an annualized basis producing an average annual return of 11.96%. Currently, Lockheed Martin has a market capitalization of $109.18 billion.

Buying $1000 In LMT: If an investor had bought $1000 of LMT stock 20 years ago, it would be worth $9,583.24 today based on a price of $454.00 for LMT at the time of writing.

Lockheed Martin's Performance Over Last 20 Years

comp_fig

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.

Every question you ask will be answered
Scan the QR code to contact us
whatsapp
Also you can contact us via