$100 Invested In Patrick Industries 10 Years Ago Would Be Worth This Much Today

Patrick Industries (NASDAQ:PATK) has outperformed the market over the past 10 years by 8.46% on an annualized basis producing an average annual return of 19.24%. Currently, Patrick Industries has a market capitalization of $2.66 billion.

Buying $100 In PATK: If an investor had bought $100 of PATK stock 10 years ago, it would be worth $578.55 today based on a price of $118.80 for PATK at the time of writing.

Patrick Industries's Performance Over Last 10 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.