Benzinga | Dec 23, 2021 09:43AM EST

Here's How Much $1000 Invested In Honeywell International 15 Years Ago Would Be Worth Today

Honeywell International (NASDAQ:HON) has outperformed the market over the past 15 years by 2.59% on an annualized basis.

Buying $1,000 In HON: 15 years ago, an investor could have purchased 23.11 shares of Honeywell International at the time with $1,000. This investment in HON would have produced an average annual return of 10.88%. Currently, Honeywell International has a market capitalization of $138.95 billion.

Honeywell International's Share Price Over Last 15 Years

This $1,000 investment would be worth $4,685.98 today based on a price of $201.84 for HON at the time of writing.

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.