All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

MSFT,GOOG,AAPL,IBM: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

Thu 2004-08-19? to Mon 2026-03-02 YTD
Return
TRR
Price
MSFT
×
−17.89%
2026-03-02
2252.97 TRR
2026-03-02
Microsoft Corporation NASDAQ Common Stock
GOOG
×
−2.95%
2026-03-02
71.78 TRR
2026-03-02
Alphabet Inc Class C NASDAQ Common Stock
AAPL
×
−3.11%
2026-03-02
708.94 TRR
2026-03-02
Apple Inc NASDAQ Common Stock
IBM
×
−19.21%
2026-03-02
14.77 TRR
2026-03-02
International Business Machines NYSE Common Stock

Returns

Thu 2004-08-19? to Mon 2026-03-02 Overall
Return
Exponential
Trendline
MSFT
×
+1,290.61%
+13.00%/yr
+17.01%/yr
(R2=0.891)
Microsoft Corporation NASDAQ Common Stock
GOOG
×
+7,078.07%
+21.95%/yr
+15.77%/yr
(R2=0.948)
Alphabet Inc Class C NASDAQ Common Stock
AAPL
×
+33,336.91%
+30.99%/yr
+25.94%/yr
(R2=0.968)
Apple Inc NASDAQ Common Stock
IBM
×
+223.08%
+5.60%/yr
+4.03%/yr
(R2=0.565)
International Business Machines NYSE Common Stock

Growth of $10,000

Thu 2004-08-19? to Mon 2026-03-02 Start
Value
End
Value
MSFT
×
$10,000.00
2004-08-19
$139,061.41
2026-03-02
Microsoft Corporation NASDAQ Common Stock
GOOG
×
$10,000.00
2004-08-19
$717,806.94
2026-03-02
Alphabet Inc Class C NASDAQ Common Stock
AAPL
×
$10,000.00
2004-08-19
$3,343,690.79
2026-03-02
Apple Inc NASDAQ Common Stock
IBM
×
$10,000.00
2004-08-19
$32,308.00
2026-03-02
International Business Machines NYSE Common Stock

Annual Returns

Year MSFT GOOG AAPL IBM
2026 (YTD) −17.89% −2.95% −3.11% −19.21%
2025 +12.57% +61.11% +6.21% +34.63%
2024 +9.76% +31.81% +27.04% +35.37%
2023 +53.06% +53.69% +44.18% +17.90%
2022 −32.40% −42.40% −30.88% +3.92%
2021 +42.45% +54.31% +25.79% +8.98%
2020 +40.62% +29.26% +79.86% −2.49%
2019 +54.22% +26.23% +84.74% +20.81%
2018 +18.53% −2.88% −7.16% −24.01%
2017 +37.82% +32.77% +45.40% −5.97%
2016 +12.75% −0.37% +10.19% +22.67%
2015 +21.80% +43.52% −3.71% −12.07%
2014 +26.60% −6.66% +39.56% −13.05%
2013 +42.15% +56.06% +6.48% −1.65%
2012 +4.00% +7.68% +30.29% +4.12%
2011 −7.29% +5.59% +21.99% +23.73%
2010 −7.88% −5.62% +50.76% +12.58%
2009 +56.20% +96.27% +140.40% +54.44%
2008 −44.44% −55.56% −56.96% −20.85%
2007 +16.11% +44.26% +124.30% +8.39%
2006 +12.99% +8.24% +15.11% +16.84%
2005 −4.23% +108.08% +115.85% −18.63%
2004 +5.68% +91.31% +191.95% +3.81%
2003 +4.87% +46.34% +18.28%
2002 −23.78% −36.08% −36.96%
2001 +50.40% +45.02% +40.82%
2000 −64.07% −72.02% −23.43%
1999 +63.97% +144.67% +14.50%
1998 +111.22% +206.89% +74.66%
1997 +53.75% −38.20% +36.97%
1996 +82.32% −36.60% +62.30%
1995 +40.02% −19.37% +22.58%
1994 +47.67% +31.62% +28.81%
1993 −8.09% −51.76% +12.69%
1992 +11.87% +3.90% −41.73%
1991 +115.09% +28.39% −20.01%
1990 +63.06% +16.40% +18.48%
1989 +56.11% −15.50% −23.02%
1988 −5.97% −7.44% +4.94%
1987 +115.35% +99.58% −4.96%
1986 +70.10% +82.17% −21.20%
1985 −27.25% +25.84%
1984 +14.99% +0.49%
1983 −21.47% +26.16%
1982 +30.06% +71.40%
1981 −40.45% −18.31%
1980 +18.05% −1.14%
1979 −20.09%
1978 +4.50%
1977 −4.61%
1976 +22.35%
1975 +28.87%
1974 −37.78%
1973 −28.44%
1972 +17.18%
1971 +4.27%
1970 −16.35%
1969 +8.94%
1968 −4.07%
1967 +63.89%
1966 +7.91%
1965 +19.57%
1964 +0.00%
1963 +27.86%
1962 −32.70%

Drawdowns

Thu 2004-08-19? to Mon 2026-03-02 Current
Drawdown
Worst
Drawdown
MSFT
×
−26.51% −58.62%
2009-03-09
Microsoft Corporation NASDAQ Common Stock
GOOG
×
−11.36% −65.96%
2008-11-24
Alphabet Inc Class C NASDAQ Common Stock
AAPL
×
−7.95% −61.01%
2009-01-20
Apple Inc NASDAQ Common Stock
IBM
×
−23.96% −49.35%
2020-03-23
International Business Machines NYSE Common Stock