![](https://cdn.benzinga.com/files/imagecache/2048x1536xUP/images/story/2022/valuestock_image_845.jpeg)
Parker Hannifin (NYSE:PH) has outperformed the market over the past 15 years by 3.05% on an annualized basis producing an average annual return of 9.32%. Currently, Parker Hannifin has a market capitalization of $32.67 billion.
Buying $1000 In PH: If an investor had bought $1000 of PH stock 15 years ago, it would be worth $3,796.35 today based on a price of $254.47 for PH at the time of writing.
Parker Hannifin's Performance Over Last 15 Years
![](https://www.benzinga.com/files/images/story/2022/1655321442_0.png)
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.