Lockheed Martin LMT has outperformed the market by 4.27% on an annual basis over the past 20 years and has produced a compound annual return of 12.43%. Lockheed Martin currently has a market capitalization of $120.75 billion.
Buying $1000 in LMT: If an investor bought $1,000 worth of LMT stock 20 years ago, it would be worth it $10,608.31 today based on a price of $472.99 for LMT at the time of writing.
Lockheed Martin’s performance over the last 20 years
Finally – what is all this? The most important takeaway to take from this article is how much of a difference compound 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.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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