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

IDEXX Laboratories (NASDAQ:IDXX) has outperformed the market over the past 20 years by 4.25% on an annualized basis producing an average annual return of 12.73%. Currently, IDEXX Laboratories has a market capitalization of $55.35 billion.

Buying $1000 In IDXX: If an investor had bought $1000 of IDXX stock 20 years ago, it would be worth $10,990.35 today based on a price of $683.05 for IDXX at the time of writing.

IDEXX Laboratories'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.