Home Depot (NYSE: HD) has outperformed the market over the past 15 years by 2.16% on an annualized basis, producing an average annual return of 15.59%. The company currently has a market capitalization of $296.50 billion.
According to the report, if an investor had purchased $100 worth of HD stock 15 years ago, that investment would be worth $883.10 today. This calculation is based on a current stock price of $297.19.
The article highlights the impact of compounded returns on cash growth over time.
