Eaton Corp (NYSE:ETN) has outperformed the market over the past 15 years by 3.04% on an annualized basis producing an average annual return of 14.84%. Currently, Eaton Corp has a market capitalization of $161.44 billion.

Buying $1000 In ETN: If an investor had bought $1000 of ETN stock 15 years ago, it would be worth $7,858.62 today based on a price of $408.50 for ETN at the time of writing.

Eaton Corp’s Performance Over Last 15 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.