Progressive PGR has outperformed the market over the past 10 years by 12.67% on an annualized basis, producing an average annual return of 23.1%. Currently, Progressive has a market capitalization of $113.38 billion.
Buying $1000 In PGR: If an investor had bought $1,000 in PGR stock 10 years ago, it would be worth it $8,025.70 today based on a price of $193.58 for the PGR at the time of this writing.
Progressive's performance over the last 10 years
Finally, what's the point of all this? The key insight to take away from this article is to look at how much difference compounding returns can make to 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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