Interactive Brokers Stock Turned $10,000 Into About $110,000 in a Decade. The Customer Base Grew Even Faster.
The business multiplied over the decade. The stock's price-to-earnings multiple mostly didn't.
Overview
Ten years ago, shares of Interactive Brokers (NASDAQ:IBKR) closed out September 2016 at a split-adjusted $8.82 (the company split its stock 4-for-1 in June 2025). The stock trades around $91 as of this writing.
The price alone increased about tenfold. And with the brokerage company's modest dividend reinvested along the way, a $10,000 investment made at the end of September 2016 has grown into about $110,000.
Details
The S&P 500 (SNPINDEX:^GSPC) had a very good decade of its own, and a $10,000 position in an index fund tracking it, dividends reinvested, grew to about $41,500 over the same stretch.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.