If You Invested $1000 In Old Dominion Freight Line Stock 20 Years Ago, You Would Have This Much Today

Old Dominion Freight Line (NASDAQ:ODFL) has outperformed the market over the past 20 years by 12.76% on an annualized basis producing an average annual return of 21.43%. Currently, Old Dominion Freight Line has a market capitalization of $40.42 billion.

Buying $1000 In ODFL: If an investor had bought $1000 of ODFL stock 20 years ago, it would be worth $47,763.91 today based on a price of $193.32 for ODFL at the time of writing.

Old Dominion Freight Line's Performance Over Last 20 Years

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.