$1000 in IDEX 15 Years Ago: A Look at Its Growth

When it comes to long-term investing, the success of a particular investment can only be measured over a substantial period. IDEX Corporation IEX, a company based in Northbrook, Illinois, has historically been an embodiment of such growth. Specializing in the development, design, and manufacture of fluidics systems and specialty engineered products, IEX has demonstrated an impressive trajectory over the past decade and a half.

Consistent Performance Over 15 Years

An initial investment of $1,000 in IEX made 15 years ago would account for a remarkable testament to the company's consistent market outperformance. Achieving an annualized return of 14.22%, IEX has not only rewarded its investors with substantial growth but has also outpaced the market average by 2.11% on an annualized basis. This consistent upward trend underscores the strength and stability of IEX's business model and market position.

IEX's Market Presence Today

Currently, IEX boasts a robust market capitalization of $15.43 billion, evidence of the significant expansion and investor confidence it has cultivated. The company continues to solidify its stature within the industry, leveraging decades of expertise and innovation to advance its market share and further enhance shareholder value.

In conclusion, reflecting upon IEX's performance over the last 15 years provides investors with a narrative of sustained growth and a benchmark of success. For those who were early investors in IEX, the return on their investment would today be a source of substantial financial reward.

investment, IDEX, growth