What if I had invested $1,000 in T. Rowe Price in 1997?

$1,000 in T. Rowe Price in 1997

$1,000 put into T. Rowe Price (TROW) on January 2, 1997, its first trading day of 1997 in our data, was worth $19,776 on September 23, 2026, with dividends counted to the end of 2024. Over the same days to July 31, 2026, $1,000 in the whole US stock market became $18,073.

$1,000 became$19,776by September 23, 2026

Total return20 timesthe money put in, dividends counted to 2024

A year, on average+10.6%over 29.7 years

The whole US market$18,073same days to July 31, 2026, dividends counted; TROW by then: $21,134

The S&P 500 index$10,456price only, no dividends

Bought at the close on January 2, 1997, dividends put back in, no costs and no tax. Dividends are counted to the end of 2024; from 2025 on our prices are adjusted for splits only, so dividends paid since then are left out. The stock figure counts dividends; the S&P 500 index figure does not, so compare the stock with the whole-market figure. The market figure is the Fama-French US market return (Kenneth R. French data library), which runs to July 31, 2026. Our stock prices run to September 23, 2026.

Another stock, another year

T. Rowe Price in: 1986 · 1987 · 1988 · 1989 · 1990 · 1991 · 1992 · 1993 · 1994 · 1995 · 1996 · 1998 · 1999 · 2000 · 2001 · 2002 · 2003 · 2004 · 2005 · 2006 · 2007 · 2008 · 2009 · 2010 · 2011 · 2012 · 2013 · 2014 · 2015 · 2016 · 2017 · 2018 · 2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025 · 2026

Also in 1997

Apple Inc. · $1,000 became $2,130,920
Microsoft · $1,000 became $79,558
Amazon · $1,000 became $2,545,676
Micron Technology · $1,000 became $73,623
Lilly (Eli) · $1,000 became $65,873
Walmart · $1,000 became $45,519
Jpmorgan Chase & Co · $1,000 became $25,244
Advanced Micro Devices · $1,000 became $45,318

Ask the Lab what the market did next

History, not advice. How these numbers are made.