Lockheed Martin LMT has outperformed the market by 2.64% on an annualized basis over the past 15 years and has produced a compound annual return of 9.95%. Lockheed Martin currently has a market capitalization of $117.65 billion.
Buying $1000 in LMT: If an investor bought $1,000 worth of LMT stock 15 years ago, it would be worth it $4,219.48 today based on a price of $448.90 for LMT at the time of writing.
Lockheed Martin’s performance over the past 15 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 created 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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