Benzinga | Dec 6, 2021 12:07PM EST

Here's How Much $100 Invested In Extra Space Storage 10 Years Ago Would Be Worth Today

Extra Space Storage (NYSE:EXR) has outperformed the market over the past 10 years by 10.26% on an annualized basis.

Buying $100.00 In EXR: 10 years ago, an investor could have purchased 4.25 shares of Extra Space Storage at the time with $100.00. This investment in EXR would have produced an average annual return of 24.29%. Currently, Extra Space Storage has a market capitalization of $27.39 billion.

Extra Space Storage's Share Price Over Last 10 Years

This $100.00 investment would be worth $1,230.22 today based on a price of $204.55 for EXR at the time of writing. In other words, you would have more than 10X'd your money.

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.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.