Benzinga | Jan 25, 2022 01:03PM EST

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

ServiceNow (NYSE:NOW) has outperformed the market over the past 5 years by 26.45% on an annualized basis.

Buying $1,000 In NOW: 5 years ago, an investor could have purchased 11.10 shares of ServiceNow at the time with $1,000. This investment in NOW would have produced an average annual return of 40.11%. Currently, ServiceNow has a market capitalization of $96.83 billion.

ServiceNow's Share Price Over Last 5 Years

If you had invested $1,000 in ServiceNow you would have approximately $5,400.88 today.

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.