Benzinga | Dec 17, 2021 09:44AM EST

Here's How Much You Would Have Made Owning Block Stock In The Last 5 Years

Block (NYSE:SQ) has outperformed the market over the past 5 years by 47.38% on an annualized basis.

Buying $1,000 In SQ: 5 years ago, an investor could have purchased 69.64 shares of Block at the time with $1,000. This investment in SQ would have produced an average annual return of 62.86%. Currently, Block has a market capitalization of $76.47 billion.

Block's Share Price Over Last 5 Years

If you had invested $1,000 in Block you would have approximately $11,551.53 today.

In other words, you would have more than 11X'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.