Here's How Much $100 Invested In Martin Marietta Materials 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Martin Marietta Materials (NYSE:MLM) has produced an average annual return of 14.04%, outperforming the market. A $100 investment in MLM 20 years ago would be worth $1,384.54 today. The company currently has a market capitalization of $35.86 billion.
May 01, 2024 | 3:30 pm
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Martin Marietta Materials has shown a strong performance over the past 20 years with a 14.04% average annual return, turning a $100 investment into $1,384.54.
The significant growth of Martin Marietta Materials over two decades highlights the company's strong market performance and the power of compounded returns. This historical performance is likely to positively influence investor perception and could lead to increased investor confidence in MLM's long-term potential.
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RELEVANCE 100