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

Thu 2004-08-19? to Mon 2026-03-23	YTD Return	TRR Price
MSFT ×	−21.42% 2026-03-23	2156.53 TRR 2026-03-23
Microsoft Corporation NASDAQ Common Stock
GOOG ×	−5.60% 2026-03-23	69.83 TRR 2026-03-23
Alphabet Inc Class C NASDAQ Common Stock
AAPL ×	−8.34% 2026-03-23	670.64 TRR 2026-03-23
Apple Inc NASDAQ Common Stock
IBM ×	−16.49% 2026-03-23	15.26 TRR 2026-03-23
International Business Machines NYSE Common Stock

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Returns

Thu 2004-08-19? to Mon 2026-03-23	Overall Return	Exponential Trendline
MSFT ×	+1,230.79% +12.74%/yr	+17.00%/yr (R2=0.892)
Microsoft Corporation NASDAQ Common Stock
GOOG ×	+6,883.19% +21.73%/yr	+15.80%/yr (R2=0.948)
Alphabet Inc Class C NASDAQ Common Stock
AAPL ×	+31,537.94% +30.56%/yr	+25.91%/yr (R2=0.968)
Apple Inc NASDAQ Common Stock
IBM ×	+233.97% +5.74%/yr	+4.05%/yr (R2=0.568)
International Business Machines NYSE Common Stock

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Growth of $10,000

Thu 2004-08-19? to Mon 2026-03-23	Start Value	End Value
MSFT ×	$10,000.00 2004-08-19	$133,078.53 2026-03-23
Microsoft Corporation NASDAQ Common Stock
GOOG ×	$10,000.00 2004-08-19	$698,318.54 2026-03-23
Alphabet Inc Class C NASDAQ Common Stock
AAPL ×	$10,000.00 2004-08-19	$3,163,794.19 2026-03-23
Apple Inc NASDAQ Common Stock
IBM ×	$10,000.00 2004-08-19	$33,396.96 2026-03-23
International Business Machines NYSE Common Stock

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Annual Returns

Year	MSFT	GOOG	AAPL	IBM
2026 (YTD)	−21.42%	−5.60%	−8.34%	−16.49%
2025	+12.57%	+61.11%	+6.21%	+34.63%
2024	+9.76%	+31.82%	+27.05%	+35.37%
2023	+53.07%	+53.68%	+44.18%	+17.90%
2022	−32.40%	−42.40%	−30.88%	+3.92%
2021	+42.45%	+54.31%	+25.80%	+8.99%
2020	+40.61%	+29.27%	+79.85%	−2.50%
2019	+54.21%	+26.21%	+84.74%	+20.82%
2018	+18.54%	−2.87%	−7.15%	−24.01%
2017	+37.81%	+32.76%	+45.38%	−5.98%
2016	+12.75%	−0.35%	+10.21%	+22.68%
2015	+21.80%	+43.51%	−3.73%	−12.07%
2014	+26.61%	−6.69%	+39.56%	−13.04%
2013	+42.18%	+56.12%	+6.50%	−1.66%
2012	+3.98%	+7.65%	+30.28%	+4.12%
2011	−7.29%	+5.61%	+21.97%	+23.75%
2010	−7.90%	−5.64%	+50.77%	+12.57%
2009	+56.24%	+96.28%	+140.36%	+54.45%
2008	−44.44%	−55.56%	−56.95%	−20.86%
2007	+16.11%	+44.28%	+124.27%	+8.41%
2006	+12.97%	+8.27%	+15.13%	+16.83%
2005	−4.21%	+108.01%	+115.78%	−18.62%
2004	+5.69%	+91.31%	+192.00%	+3.81%
2003	+4.85%	—	+46.33%	+18.28%
2002	−23.77%	—	−36.08%	−36.95%
2001	+50.40%	—	+45.03%	+40.82%
2000	−64.07%	—	−72.02%	−23.44%
1999	+63.97%	—	+144.65%	+14.50%
1998	+111.22%	—	+206.92%	+74.67%
1997	+53.78%	—	−38.20%	+36.99%
1996	+82.28%	—	−36.61%	+62.32%
1995	+40.01%	—	−19.37%	+22.53%
1994	+47.68%	—	+31.62%	+28.82%
1993	−8.09%	—	−51.75%	+12.72%
1992	+11.85%	—	+3.91%	−41.74%
1991	+115.16%	—	+28.40%	−20.00%
1990	+63.02%	—	+16.38%	+18.44%
1989	+56.11%	—	−15.49%	−23.02%
1988	−5.98%	—	−7.45%	+4.96%
1987	+115.32%	—	+99.59%	−4.94%
1986	+70.16%	—	+82.19%	−21.22%
1985	—	—	−27.26%	+25.83%
1984	—	—	+15.01%	+0.49%
1983	—	—	−21.47%	+26.17%
1982	—	—	+30.05%	+71.38%
1981	—	—	−40.44%	−18.30%
1980	—	—	+18.03%	−1.13%
1979	—	—	—	−20.10%
1978	—	—	—	+4.48%
1977	—	—	—	−4.59%
1976	—	—	—	+22.30%
1975	—	—	—	+28.98%
1974	—	—	—	−37.84%
1973	—	—	—	−28.41%
1972	—	—	—	+17.19%
1971	—	—	—	+4.29%
1970	—	—	—	−16.38%
1969	—	—	—	+8.98%
1968	—	—	—	−4.09%
1967	—	—	—	+63.83%
1966	—	—	—	+7.94%
1965	—	—	—	+19.56%
1964	—	—	—	+0.00%
1963	—	—	—	+27.95%
1962	—	—	—	−32.74%

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Drawdowns

Thu 2004-08-19? to Mon 2026-03-23	Current Drawdown	Worst Drawdown
MSFT ×	−29.67%	−58.62% 2009-03-09
Microsoft Corporation NASDAQ Common Stock
GOOG ×	−13.76%	−65.95% 2008-11-24
Alphabet Inc Class C NASDAQ Common Stock
AAPL ×	−12.91%	−61.01% 2009-01-20
Apple Inc NASDAQ Common Stock
IBM ×	−21.40%	−49.35% 2020-03-23
International Business Machines NYSE Common Stock