Best Performing Stocks Since IPO
We rank stocks by total return from IPO to the latest price: a buy-and-hold from listing day through today. Figures use dividend-adjusted closing prices, so stock splits and dividend payouts are reflected—higher values mean a larger cumulative gain per share since going public.
Companies that went public long ago and compounded growth often lead the table. Click a company name to see more details, or click What if you invested to simulate a buy from any date, pick your amount, and see returns, profit, and CAGR.
How to read the “× invested” column: the Peter Lynch rule
Each card shows two numbers. The percentage is the total return since the IPO; the line below it — for example 17,113× invested — is the capital multiple: how many times a single dollar invested at the IPO price would be worth today, dividends reinvested. The two figures are equivalent: a multiple of N× is the same as a return of (N − 1) × 100%.
The “×” phrasing comes from legendary Fidelity Magellan manager Peter Lynch, who in his 1989 book One Up On Wall Street coined the term tenbagger for a stock that returns ten times the money invested. We follow the same convention here and round the multiple down at every precision: a stock is only labelled a 17,113-bagger once it has actually crossed that line. For background, read total return vs price return and CAGR explained; for a dollar view, open What if you invested on any company page.
Calculated from end-of-day closing prices through .
Stocks ranked by total return since IPO
- Sector
- Consumer Cyclical
- Return since IPO
- +1,650,067%16,501× invested
- IPO date
- Sector
- Consumer Defensive
- Return since IPO
- +1,616,493%16,165× invested
- IPO date
- Sector
- Real Estate
- Return since IPO
- +1,265,065%12,651× invested
- IPO date
- Hasbro
HAS
- Sector
- Consumer Cyclical
- Return since IPO
- +1,227,594%12,276× invested
- IPO date
- Walmart
WMT
- Sector
- Consumer Defensive
- Return since IPO
- +1,149,407%11,495× invested
- IPO date
- Polaris
PII
- Sector
- Consumer Cyclical
- Return since IPO
- +1,107,343%11,074× invested
- IPO date
- Badger Meter
BMI
- Sector
- Technology
- Return since IPO
- +893,519%8,936× invested
- IPO date
- Progressive
PGR
- Sector
- Financial Services
- Return since IPO
- +850,257%8,503× invested
- IPO date
- NIKE
NKE
- Sector
- Consumer Cyclical
- Return since IPO
- +795,944%7,960× invested
- IPO date
- Microsoft
MSFT
- Sector
- Technology
- Return since IPO
- +700,358%7,004× invested
- IPO date
- Sector
- Industrials
- Return since IPO
- +685,035%6,851× invested
- IPO date
- Enbridge
ENB
- Sector
- Energy
- Return since IPO
- +671,318%6,714× invested
- IPO date
- NVIDIA
NVDA
- Sector
- Technology
- Return since IPO
- +531,033%5,311× invested
- IPO date
- Sector
- Consumer Defensive
- Return since IPO
- +412,177%4,122× invested
- IPO date
- Stryker
SYK
- Sector
- Healthcare
- Return since IPO
- +389,338%3,894× invested
- IPO date
- Sector
- Technology
- Return since IPO
- +375,098%3,751× invested
- IPO date
- Oracle
ORCL
- Sector
- Technology
- Return since IPO
- +336,354%3,364× invested
- IPO date
- Sector
- Industrials
- Return since IPO
- +335,648%3,357× invested
- IPO date
- Sector
- Healthcare
- Return since IPO
- +333,035%3,331× invested
- IPO date
- Apple
AAPL
- Sector
- Technology
- Return since IPO
- +284,957%2,850× invested
- IPO date
- KLA
KLAC
- Sector
- Technology
- Return since IPO
- +283,256%2,833× invested
- IPO date
- Amazon
AMZN
- Sector
- Consumer Cyclical
- Return since IPO
- +273,867%2,739× invested
- IPO date
- McDonald's
MCD
- Sector
- Consumer Cyclical
- Return since IPO
- +254,646%2,547× invested
- IPO date
- Danaher
DHR
- Sector
- Healthcare
- Return since IPO
- +253,949%2,540× invested
- IPO date
- Sector
- Industrials
- Return since IPO
- +234,443%2,345× invested
- IPO date
- Fastenal
FAST
- Sector
- Industrials
- Return since IPO
- +232,962%2,330× invested
- IPO date
- Rollins
ROL
- Sector
- Consumer Cyclical
- Return since IPO
- +224,235%2,243× invested
- IPO date
- Sector
- Basic Materials
- Return since IPO
- +217,336%2,174× invested
- IPO date
- M&T Bank
MTB
- Sector
- Financial Services
- Return since IPO
- +217,177%2,172× invested
- IPO date
- Sector
- Consumer Cyclical
- Return since IPO
- +215,487%2,155× invested
- IPO date
- Cisco
CSCO
- Sector
- Technology
- Return since IPO
- +183,190%1,832× invested
- IPO date
- Aflac
AFL
- Sector
- Financial Services
- Return since IPO
- +180,232%1,803× invested
- IPO date
- Sector
- Financial Services
- Return since IPO
- +172,266%1,723× invested
- IPO date
- Walt Disney
DIS
- Sector
- Communication Services
- Return since IPO
- +171,400%1,714× invested
- IPO date
- RTX
RTX
- Sector
- Industrials
- Return since IPO
- +167,812%1,679× invested
- IPO date
- Sector
- Basic Materials
- Return since IPO
- +167,244%1,673× invested
- IPO date
- State Street
STT
- Sector
- Financial Services
- Return since IPO
- +166,023%1,661× invested
- IPO date
- Sector
- Industrials
- Return since IPO
- +163,354%1,634× invested
- IPO date
- Caterpillar
CAT
- Sector
- Industrials
- Return since IPO
- +155,641%1,557× invested
- IPO date
- Equifax
EFX
- Sector
- Industrials
- Return since IPO
- +153,261%1,533× invested
- IPO date
- Sector
- Consumer Defensive
- Return since IPO
- +146,215%1,463× invested
- IPO date
- Amgen
AMGN
- Sector
- Healthcare
- Return since IPO
- +141,721%1,418× invested
- IPO date
- Lam Research
LRCX
- Sector
- Technology
- Return since IPO
- +135,201%1,353× invested
- IPO date
- Sector
- Industrials
- Return since IPO
- +130,678%1,307× invested
- IPO date
- Sector
- Industrials
- Return since IPO
- +129,157%1,292× invested
- IPO date
- Adobe
ADBE
- Sector
- Technology
- Return since IPO
- +126,483%1,265× invested
- IPO date
- Sector
- Healthcare
- Return since IPO
- +119,957%1,200× invested
- IPO date
- Boeing
BA
- Sector
- Industrials
- Return since IPO
- +119,033%1,191× invested
- IPO date
- Monster Beverage
MNST
- Sector
- Consumer Defensive
- Return since IPO
- +115,722%1,158× invested
- IPO date
- Sector
- Industrials
- Return since IPO
- +114,538%1,146× invested
- IPO date
| # | Stock | Sector | Return since IPO | IPO date |
|---|---|---|---|---|
| 1 | Home Depot (HD) | Consumer Cyclical | +1,650,067% 16,501× invested | |
| 2 | Altria Group (MO) | Consumer Defensive | +1,616,493% 16,165× invested | |
| 3 | Apartment Investment and Management (AIV) | Real Estate | +1,265,065% 12,651× invested | |
| 4 | Hasbro (HAS) | Consumer Cyclical | +1,227,594% 12,276× invested | |
| 5 | Walmart (WMT) | Consumer Defensive | +1,149,407% 11,495× invested | |
| 6 | Polaris (PII) | Consumer Cyclical | +1,107,343% 11,074× invested | |
| 7 | Badger Meter (BMI) | Technology | +893,519% 8,936× invested | |
| 8 | Progressive (PGR) | Financial Services | +850,257% 8,503× invested | |
| 9 | NIKE (NKE) | Consumer Cyclical | +795,944% 7,960× invested | |
| 10 | Microsoft (MSFT) | Technology | +700,358% 7,004× invested | |
| 11 | Johnson Controls (JCI) | Industrials | +685,035% 6,851× invested | |
| 12 | Enbridge (ENB) | Energy | +671,318% 6,714× invested | |
| 13 | NVIDIA (NVDA) | Technology | +531,033% 5,311× invested | |
| 14 | Church & Dwight Co. (CHD) | Consumer Defensive | +412,177% 4,122× invested | |
| 15 | Stryker (SYK) | Healthcare | +389,338% 3,894× invested | |
| 16 | Applied Materials (AMAT) | Technology | +375,098% 3,751× invested | |
| 17 | Oracle (ORCL) | Technology | +336,354% 3,364× invested | |
| 18 | Rockwell Automation (ROK) | Industrials | +335,648% 3,357× invested | |
| 19 | UnitedHealth Group (UNH) | Healthcare | +333,035% 3,331× invested | |
| 20 | Apple (AAPL) | Technology | +284,957% 2,850× invested | |
| 21 | KLA (KLAC) | Technology | +283,256% 2,833× invested | |
| 22 | Amazon (AMZN) | Consumer Cyclical | +273,867% 2,739× invested | |
| 23 | McDonald's (MCD) | Consumer Cyclical | +254,646% 2,547× invested | |
| 24 | Danaher (DHR) | Healthcare | +253,949% 2,540× invested | |
| 25 | Jacobs Solutions (J) | Industrials | +234,443% 2,345× invested | |
| 26 | Fastenal (FAST) | Industrials | +232,962% 2,330× invested | |
| 27 | Rollins (ROL) | Consumer Cyclical | +224,235% 2,243× invested | |
| 28 | Sherwin-Williams (SHW) | Basic Materials | +217,336% 2,174× invested | |
| 29 | M&T Bank (MTB) | Financial Services | +217,177% 2,172× invested | |
| 30 | Lowe's Companies (LOW) | Consumer Cyclical | +215,487% 2,155× invested | |
| 31 | Cisco (CSCO) | Technology | +183,190% 1,832× invested | |
| 32 | Aflac (AFL) | Financial Services | +180,232% 1,803× invested | |
| 33 | Franklin Resources (BEN) | Financial Services | +172,266% 1,723× invested | |
| 34 | Walt Disney (DIS) | Communication Services | +171,400% 1,714× invested | |
| 35 | RTX (RTX) | Industrials | +167,812% 1,679× invested | |
| 36 | Vulcan Materials (VMC) | Basic Materials | +167,244% 1,673× invested | |
| 37 | State Street (STT) | Financial Services | +166,023% 1,661× invested | |
| 38 | Lockheed Martin (LMT) | Industrials | +163,354% 1,634× invested | |
| 39 | Caterpillar (CAT) | Industrials | +155,641% 1,557× invested | |
| 40 | Equifax (EFX) | Industrials | +153,261% 1,533× invested | |
| 41 | Coca-Cola (KO) | Consumer Defensive | +146,215% 1,463× invested | |
| 42 | Amgen (AMGN) | Healthcare | +141,721% 1,418× invested | |
| 43 | Lam Research (LRCX) | Technology | +135,201% 1,353× invested | |
| 44 | Eaton Corporation (ETN) | Industrials | +130,678% 1,307× invested | |
| 45 | General Dynamics (GD) | Industrials | +129,157% 1,292× invested | |
| 46 | Adobe (ADBE) | Technology | +126,483% 1,265× invested | |
| 47 | IDEXX Laboratories (IDXX) | Healthcare | +119,957% 1,200× invested | |
| 48 | Boeing (BA) | Industrials | +119,033% 1,191× invested | |
| 49 | Monster Beverage (MNST) | Consumer Defensive | +115,722% 1,158× invested | |
| 50 | Expeditors International (EXPD) | Industrials | +114,538% 1,146× invested |
Other rankings
- All rankings
- Statement metric rankings
- Top Companies by CapEx
- Top Companies by Revenue
- Top Companies by Earnings
- Top Companies by Market Cap
- Trillion Dollar Club Companies
- Largest US Oil & Gas Companies by Market Cap
- Largest US Restaurant Chains by Market Cap
- Largest Pharmaceutical Companies by Market Cap
- Largest US Airlines by Market Cap
- Top Stocks by Max Return
- Largest Cumulative Stock Split Multipliers
- Countries by GDP
Frequently asked questions
Which stock has the highest return since IPO?
The ranking shows the top performers. Returns depend on the IPO date and holding period -- earlier IPOs of successful companies tend to show the largest cumulative returns due to compounding.
What does 'return since IPO' mean?
Return since IPO measures the total percentage change in a stock's price from its initial public offering date to the current price. For example, a stock that went from $10 at IPO to $100 today has a return since IPO of +900%.
What is capital multiple (the “× invested” figure)?
Capital multiple is the buy-and-hold return since IPO expressed as how many times invested capital would have grown from the IPO price to the latest price — for example, 10× means roughly ten times your money. It matches the percentage (multiple = 1 + return / 100); we show both for readability and round the multiple down so we never overstate the result.
Why is it called a “bagger”? Who is Peter Lynch?
Peter Lynch managed the Fidelity Magellan Fund from 1977 to 1990 and delivered an average annual return of about 29% — one of the strongest long-run records in mutual-fund history. In his 1989 book One Up On Wall Street he popularized the term “tenbagger” for a stock that returns ten times the money invested. The “× invested” column on this page is exactly that bagger count: a 10-bagger has multiplied your capital by ten, a 100-bagger by a hundred, and so on. The figure is rounded down, so a stock is labelled an N-bagger only once it has actually crossed N×.
What is CAGR on this ranking?
CAGR (compound annual growth rate) is the steady yearly growth rate that would take the stock from the IPO price to the latest price over the years between those dates, using the same dividend-adjusted prices. For IPO-to-last-price periods shorter than six months, we show a dash (—) instead of CAGR, because annualizing a very short window is misleading.
Does return since IPO include dividends?
Yes. This ranking uses dividend-adjusted closing prices, which account for both stock splits and dividend payouts. The return reflects total return including dividends.
Why do some stocks have extremely high IPO returns?
Compounding over long time periods is the main driver. A company that grew 15% annually for 30 years would show a return of over 6,500%. Companies that went public decades ago and sustained growth (e.g., in tech or consumer sectors) tend to top the list.
What is the difference between return since IPO and max profit?
Return since IPO measures the gain from holding the stock from IPO date to today. Max profit finds the best possible buy and sell dates in history to maximize return -- it represents the theoretical maximum, not a buy-and-hold strategy. See the Max Profit ranking for comparison.
Data & methodology
How is return since IPO calculated?
We compare the IPO price with the most recent dividend-adjusted closing price. The formula is: (current price - IPO price) / IPO price * 100%. All prices are dividend-adjusted, reflecting the true stock value including dividend payouts.
How are capital multiple and CAGR computed?
Capital multiple is the ratio of latest price to IPO price from the same adjusted series (for example +900% total return is 10x). CAGR is (latest / IPO)^(1/years) - 1, with years from IPO date to the last price date. We omit CAGR when that span is under six months.
Where does the data come from?
Historical prices are sourced from financial data providers. IPO dates come from company filings and financial databases. All prices are end-of-day (EOD) closing prices adjusted for dividends and stock splits.
How often is this data updated?
Rankings are updated daily based on the latest available closing prices. New IPO entries are added as data becomes available.
Past performance does not guarantee future results. Rankings and figures on this page are for informational purposes only and are not investment advice. See our Terms of Service for more.