Home Depot (NYSE: HD) has outperformed the market over the past 15 years by 2.65% on an annualized basis, producing an average annual return of 15.77%.
Currently, the company has a market capitalization of $308.16 billion.
The article illustrates the impact of compounded returns by calculating the value of a hypothetical investment. If an investor had purchased $1,000 worth of HD stock 15 years ago, that investment would be worth $8,920.54 today, based on a current stock price of $308.87.
