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    $100 Invested In Carpenter Tech 20 Years Ago Would Be Worth This Much Today

    7/16/24 11:33:55 AM ET
    $CRS
    Steel/Iron Ore
    Industrials
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    Carpenter Tech (NYSE:CRS) has outperformed the market over the past 20 years by 2.08% on an annualized basis producing an average annual return of 10.65%. Currently, Carpenter Tech has a market capitalization of $5.84 billion.

    Buying $100 In CRS: If an investor had bought $100 of CRS stock 20 years ago, it would be worth $767.08 today based on a price of $117.77 for CRS at the time of writing.

    Carpenter Tech'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.

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