CAT Stock Outpaces Market with Average Annual Return of 13.36%
Caterpillar (NYSE:CAT) has outperformed the market over the past 20 years, producing an average annual return of 13.36%. This is significantly higher than the market's annualized return of 9.25% during that same period.
The company's strong performance has led to a significant increase in its market capitalization, which currently stands at $376.10 billion.
If an investor had bought $100 worth of CAT stock 20 years ago, it would be worth $1,221.40 today based on the current price of $799.67 per share.