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 Fri 2026-04-24 YTD
Return
TRR
Price
MSFT
×
−13.82%
2026-04-24
2364.25 TRR
2026-04-24
Microsoft Corporation NASDAQ Common Stock
GOOG
×
+6.90%
2026-04-24
79.08 TRR
2026-04-24
Alphabet Inc Class C NASDAQ Common Stock
AAPL
×
−2.27%
2026-04-24
715.01 TRR
2026-04-24
Apple Inc NASDAQ Common Stock
IBM
×
−22.87%
2026-04-24
14.09 TRR
2026-04-24
International Business Machines NYSE Common Stock

Returns

Thu 2004-08-19? to Fri 2026-04-24 Overall
Return
Exponential
Trendline
MSFT
×
+1,359.18%
+13.16%/yr
+16.98%/yr
(R2=0.893)
Microsoft Corporation NASDAQ Common Stock
GOOG
×
+7,807.60%
+22.34%/yr
+15.84%/yr
(R2=0.949)
Alphabet Inc Class C NASDAQ Common Stock
AAPL
×
+33,630.71%
+30.80%/yr
+25.86%/yr
(R2=0.968)
Apple Inc NASDAQ Common Stock
IBM
×
+208.44%
+5.33%/yr
+4.08%/yr
(R2=0.574)
International Business Machines NYSE Common Stock

Growth of $10,000

Thu 2004-08-19? to Fri 2026-04-24 Start
Value
End
Value
MSFT
×
$10,000.00
2004-08-19
$145,917.53
2026-04-24
Microsoft Corporation NASDAQ Common Stock
GOOG
×
$10,000.00
2004-08-19
$790,759.99
2026-04-24
Alphabet Inc Class C NASDAQ Common Stock
AAPL
×
$10,000.00
2004-08-19
$3,373,071.18
2026-04-24
Apple Inc NASDAQ Common Stock
IBM
×
$10,000.00
2004-08-19
$30,844.30
2026-04-24
International Business Machines NYSE Common Stock

Annual Returns

Year MSFT GOOG AAPL IBM
2026 (YTD) −13.82% +6.90% −2.27% −22.87%
2025 +12.58% +61.11% +6.22% +34.63%
2024 +9.76% +31.81% +27.04% +35.37%
2023 +53.07% +53.68% +44.18% +17.90%
2022 −32.40% −42.40% −30.87% +3.91%
2021 +42.45% +54.32% +25.80% +8.98%
2020 +40.62% +29.27% +79.86% −2.49%
2019 +54.22% +26.21% +84.74% +20.82%
2018 +18.53% −2.87% −7.17% −24.01%
2017 +37.82% +32.77% +45.42% −5.97%
2016 +12.74% −0.36% +10.19% +22.68%
2015 +21.79% +43.50% −3.72% −12.07%
2014 +26.62% −6.66% +39.59% −13.04%
2013 +42.18% +56.12% +6.47% −1.65%
2012 +3.97% +7.65% +30.30% +4.12%
2011 −7.27% +5.60% +21.93% +23.73%
2010 −7.90% −5.62% +50.80% +12.58%
2009 +56.22% +96.24% +140.37% +54.43%
2008 −44.44% −55.56% −56.95% −20.85%
2007 +16.07% +44.29% +124.27% +8.39%
2006 +12.99% +8.24% +15.13% +16.84%
2005 −4.20% +108.04% +115.79% −18.63%
2004 +5.66% +91.31% +191.98% +3.81%
2003 +4.86% +46.35% +18.28%
2002 −23.78% −36.08% −36.96%
2001 +50.42% +45.01% +40.83%
2000 −64.07% −72.01% −23.43%
1999 +63.96% +144.59% +14.50%
1998 +111.20% +206.89% +74.67%
1997 +53.81% −38.19% +36.98%
1996 +82.27% −36.62% +62.27%
1995 +39.98% −19.36% +22.61%
1994 +47.67% +31.63% +28.70%
1993 −8.08% −51.74% +12.73%
1992 +11.87% +3.88% −41.72%
1991 +115.12% +28.40% −19.99%
1990 +63.02% +16.39% +18.45%
1989 +56.13% −15.51% −23.00%
1988 −5.99% −7.44% +4.94%
1987 +115.39% +99.61% −4.95%
1986 +70.04% +82.13% −21.22%
1985 −27.25% +25.84%
1984 +15.03% +0.51%
1983 −21.47% +26.18%
1982 +30.02% +71.40%
1981 −40.45% −18.37%
1980 +18.04% −1.06%
1979 −20.11%
1978 +4.48%
1977 −4.59%
1976 +22.34%
1975 +28.86%
1974 −37.79%
1973 −28.42%
1972 +17.19%
1971 +4.24%
1970 −16.36%
1969 +8.98%
1968 −4.07%
1967 +63.88%
1966 +7.91%
1965 +19.56%
1964 +0.00%
1963 +27.91%
1962 −32.75%

Drawdowns

Thu 2004-08-19? to Fri 2026-04-24 Current
Drawdown
Worst
Drawdown
MSFT
×
−22.87% −58.61%
2009-03-09
Microsoft Corporation NASDAQ Common Stock
GOOG
×
−2.34% −65.96%
2008-11-24
Alphabet Inc Class C NASDAQ Common Stock
AAPL
×
−7.14% −61.01%
2009-01-20
Apple Inc NASDAQ Common Stock
IBM
×
−27.40% −49.35%
2020-03-23
International Business Machines NYSE Common Stock