Here's How Much You Would Have Made Owning Elevance Health Stock In The Last 20 Years

Elevance Health, Inc. Common Stock +0.55%

Elevance Health, Inc. Common Stock

ELV

512.17

+0.55%

Elevance Health (NYSE:ELV) has outperformed the market over the past 20 years by 6.78% on an annualized basis producing an average annual return of 13.84%. Currently, Elevance Health has a market capitalization of $105.46 billion.

Buying $1000 In ELV: If an investor had bought $1000 of ELV stock 20 years ago, it would be worth $13,084.39 today based on a price of $448.86 for ELV at the time of writing.

Elevance Health's Performance Over Last 20 Years

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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.

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

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