What If You’d Bought 100 Shares of These Companies at Their IPOs?

Get Rich Quick?

Rivian is all investors can talk about now, and rightly so. The maker of electric trucks and SUVs just went public, and it's already valued at a staggering $86 billion, according to CNBC. Investors who bought stock at the $78 IPO price have already made a pretty penny, with the stock rising 29% in one day. Only time will tell if Rivian continues to surge, but we can look back at some other famous companies to help polish our crystal balls. Here's how an investor would have fared by buying 100 shares of companies including Amazon, FedEx, and Tesla at the moment of their initial public offering and holding them until recently, a range of eight to 102 years. These simplistic calculations are based on each stock’s closing price on Sept. 10, 2021, and you may notice a pattern in which the growth in the number of shares (known as stock splits) plays a significant role in many of the more successful companies.

General Motors Headquarters in Detroit — wellesenterprises/istockphoto

General Motors (GM)

You'd now have: $4,950

From buying 100 shares for: $3,300

On the IPO date: Nov. 17, 2010

At the IPO price: $33

At its peak, GM was one of the biggest corporations in the world. It had a market value of about $13 billion in 1955, according to Barron’s, or almost double its current worth adjusted for inflation. But the 2008 financial crisis brought the company to its knees, and a trip into bankruptcy the next year left it to start over again as a public company. If you bought 100 shares on that date and held them, they’d have gained around 50%.

Twitter (TWTR)

You'd now have: $6,156

From buying 100 shares for: $2,600

On the IPO date: Nov. 7, 2013

At the IPO price: $26

Jack Dorsey’s sometimes controversial microblogging social network always seems to be the center of attention. Though still a young public company, and one that hasn’t split its stock so far, its stock price has more than doubled since its initial public offering.

United Parcel Service (UPS)

You'd now have: $19,326

From buying 100 shares for: $5,000

On the IPO date: Nov. 10, 1999

At the IPO price: $50

Nearly 100 years old, UPS was a large business before going public — a move that generated a nice windfall for its employees, who held about one-third of the company’s shares, according to Kiplinger. The stock is up over the past year partly due to increased shipping from online retailers, making it now worth nearly four times the IPO price.

Ford (F)

You'd now have: $28,530

From buying 100 shares for: $6,450

On the IPO date: Jan. 17, 1956

At the IPO price: $64.50

Ford’s initial public offering was the largest in history at the time, raising $657 million for the automaker. But despite its $52 billion market capitalization, the company’s shares are valued at about one-third of where they were as recently as 1998 — even with six stock splits along the way.

Facebook (FB)

You'd now have: $37,869

From buying 100 shares for: $3,800

On the IPO date: May 18, 2012

At the IPO price: $38

Early investors couldn’t have been pleased when the company’s stock dipped below $20 a share a few months after the IPO. But those who stayed should be happy now — the stock nearly doubled in the last year — with a rise of nearly 900%.

Spectrum cable, internet and TV consumer store. Spectrum is part of Charter Communications. — jetcityimage/istockphoto

Charter Communications (CHTR)

You'd now have: $78,712

From buying 100 shares for: $1,900

On the IPO date: Nov. 9, 1999

At the IPO price: $19

The late Microsoft co-founder Paul Allen had a vision that cable companies would provide the backbone of the “wired world” when he took the No. 4 cable provider public in 1999, according to Kiplinger. The stock is now worth more than 4,000% of its IPO price, turning a modest investment into an attractive sum without a stock split to help it along.

Lululemon (LULU)

You'd now have: $85,116

From buying 100 shares for: $1,800

On the IPO date: July 26, 2007

At the IPO price: $18

The yoga-inspired womens’ athletic apparel company started by Chip Wilson in Canada in 1998 has since branched out to offer gear for running, cycling, “and other sweaty pursuits” for women and men, according to its website. That’s led to a market capitalization of $54 billion and a tidy return on our hypothetical investment.

VISA Credit Card Wallet — FinkAvenue/istockphoto

Visa (V)

You'd now have: $89,964

From buying 100 shares for: $4,400

On the IPO date: March 18, 2008

At the IPO price: $44

Visa’s public offering in the thick of the 2008 financial crisis “was a gutsy move by management, who wanted to make a statement that Visa was in solid financial condition,” said Kiplinger.com. Investors drove the price up nearly 30% on the first day and those who’ve held on to the stock have seen a significant gain with a 4-for-1 split in 2015.

Dollar Tree (DLTR)

You'd now have: $136,939

From buying 100 shares for: $1,500

On the IPO date: March 6, 1995

At the IPO price: $15

In 30 years, the Virginia-based discount variety retailer has grown to more than 15,000 stores. That growth is reflected in its stock numbers including six splits between 1996 and 2012, giving our hypothetical investor a 9,000% return on a modest investment.

Chipotle Mexican Grill (CMG)

You'd now have: $190,130

From buying 100 shares for: $2,200

On the IPO date: Jan. 26, 2006

At the IPO price: $22

Once owned by McDonald’s, the fast-casual chain went public in 2006 and investors gobbled up the stock, doubling its value on the first day of trading. “Some of the traders who flipped the shares during their first day on the market may have felt good about doubling their money,” says nasdaq.com. “Holding onto them would’ve been so much better.” Following a dip in 2016-17 from repeated problems with E. coli, salmonella, and norovirus, the stock has gone through the roof. It has never split and the company doesn’t pay dividends.

Tesla supercharger station — moisseyev/ istockphoto

Tesla (TSLA)

You'd now have: $368,135

From buying 100 shares for: $1,700

On the IPO date: June 29, 2010

At the IPO price: $17

Tesla wasn’t always the hottest name in the automotive industry. In its early years as a public company, it struggled to turn a profit, working to make its vehicles more affordable to the average buyer. Shareholders of the electric vehicle and clean energy company got a boost in 2020 with a 5-for-1 stock split and the stock price has since flirted with $900 a share.

FedEx (FDX)

You'd now have: $824,160

From buying 100 shares for: $2,400

On the IPO date: April 12, 1978

At the IPO price: $24

The Memphis-based overnight shipping giant grew a handful of aircraft into the world’s largest all-cargo air fleet, making it a household name. Five stock adjustments between 1978 and 1999 turned a single share of stock in 32, significantly amplifying a held investment from its IPO.

Netflix (NFLX)

You'd now have: $838,208

From buying 100 shares for: $1,500

On the IPO date: May 23, 2002

At the IPO price: $15

Everyone knows the story of the DVD rental company that remade itself into a streaming content giant, complete with its own original programming. What you might not know is that splits of 2-for-1 and 7-for-1 helped fuel the stock’s growth, turning a modest investment at the IPO price into a tidy nest egg now.

Southwest Airlines (LUV)

You'd now have: $1.4 million

From buying 100 shares for: $1,100

On the IPO date: June 8, 1978

At the IPO price: $11

It’s been 50 years since the Texas-based low-fare carrier made its first commercial flights with three aircraft serving Houston, Dallas, and San Antonio. At its peak in 2019, it was operating more than 4,000 flights a day. Its stockholders have seen 14 stock splits between 1977 and 2001.

The Apple Computers Store in Sydney Australia — PhillDanze/istockphoto

Apple (AAPL)

You'd now have: $3.3 million

From buying 100 shares for: $2,200

On the IPO date: Dec. 12, 1980

At the IPO price: $22

If you were a patient investor who was able to get in on Apple’s 1980 IPO — and didn’t mind some turbulent years in between — you’d be sitting on a small fortune after a series of splits over the past 40 years — three 2-for-1 splits, an amazing 7-for-1 split in 2014, and a 4-for-1 split in 2020.

Amazon (AMZN)

You'd now have: $4.1 million

From buying 100 shares for: $1,800

On the IPO date: May 15, 1997

At the IPO price: $18

Amazon’s rise has been well-documented from “Earth’s Biggest Bookstore” to an online retail behemoth. Three splits early on would have turned our hypothetical investor’s 100 shares into 1,200, greatly magnifying the rise in the stock’s value over the following years — especially since it trades at nearly $3,500 a share now.

Intel Headquarters — JasonDoiy/istockphoto

Intel (INTC)

You'd now have: $6.5 million

From buying 100 shares for: $2,350

On the IPO date: Oct. 13, 1971

At the IPO price: $23.50

Intel “has been the world’s leading manufacturer of microprocessors and chipsets almost since its inception” in 1968, Investopedia.com says, and over the years shareholders have seen 13 stock splits, turning a single share from the IPO into 1,215 today.

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Microsoft France headquarters entrance in Issy les Moulineaux near Paris — Jean-Luc Ichard/istockphoto

Microsoft (MSFT)

You'd now have: $8.5 million

From buying 100 shares for: $2,100

On the IPO date: March 13, 1986

At the IPO price: $21

With no less than nine stock splits (mostly of the 2-for-1 variety) between 1987 and 2003 and a steadily increasing stock price after the financial crisis of the 2000s, the holder of 100 shares at the IPO price would now have nearly 29,000 shares. Little wonder many of the company’s founders are some of the richest people in America.

The Home Depot — KenWiedemann/istockphoto

Home Depot (HD)

You'd now have: $11.3 million

From buying 100 shares for: $1,200

On the IPO date: Sept. 22, 1981

At the IPO price: $12

A few months after being fired in 1978 by Handy Dan Home Improvement, Bernie Marcus and Arthur Blank took their idea for a different kind of hardware store and incorporated The Home Depot, opening the first two do-it-yourself warehouses in Atlanta in 1979. The company now boasts 2,300 stores across North America and the stock has split 13 times between 1982 and 1999.

Johnson & Johnson (JNJ)

You'd now have: $13.9 million

From buying 100 shares for: $3,750

On the IPO date: Sept. 24, 1944

At the IPO price: $37.50

J&J had been around for a long time before going public in 1944. A series of stock dividends — including a generous one for 200% — and splits between 1947 and 2001 would have helped our hypothetical investor in this IPO build a sizable fortune over time.

RinoCdZ/istockphoto

The Walt Disney Co. (DIS)

You'd now have: $14.1 million

From buying 100 shares for: $1,388

On the IPO date: Nov. 12, 1957

At the IPO price: $13.88

About two years after Disneyland opened, the company Walt Disney built — with some help from Mickey Mouse, of course — went public. Almost 65 years and eight stock splits later, a modest investment in the entertainment giant would now be worth a fortune. Certainly enough to pay for a subscription to Disney+.

McDonald’s (MCD)

You'd now have: $17.7 million

From buying 100 shares for: $2,250

On the IPO date: April 21, 1965

At the IPO price: $22.50

With more than 39,000 locations in nearly 100 countries, McDonald’s has become the largest fast-food chain in the world, as well as a household name. The company has executed a dozen stock splits and one 2% stock dividend between 1966 and 1999, increasing our hypothetical investment by 790,000%.

Lowe's Price-Match Policy — jetcityimage/istockphoto

Lowe’s (LOW)

You'd now have: $19.6 million

From buying 100 shares for: $1,225

On the IPO date: Oct. 10, 1961

At the IPO price: $12.25

The company has grown from a small-town South Carolina hardware store to one of the largest home-improvement retailers in the world, and its stockholders have benefited greatly from five splits along the way.

Walmart store entrance — Sundry Photography/istockphoto

Walmart (WMT)

You'd now have: $29.8 million

From buying 100 shares for: $1,650

On the IPO date: Oct. 1, 1970

At the IPO price: $16.50

When Sam Walton opened the first Walmart in 1962 in Rogers, Arkansas, there’s no way he could have imagined how big it would eventually become, generating amazing wealth for his family for generations to come. Stockholders have also benefited, with the company’s stock splitting nine times — all 2-for-1 affairs — between 1975 and 1999.

Coca-Cola plant. Coca-Cola manufactures Coke, Diet Coke, Sprite, Dasani, and various Coke coffee products. — jetcityimage/istockphoto

Coca-Cola (KO)

You'd now have: $51.2 million

From buying 100 shares for: $4,000

On the IPO date: Sept. 5, 1919

At the IPO price: $40

Any original investor in the beverage giant has to be long gone, right? But let’s say one of them passed on 100 shares from the IPO more than 100 years ago — and their subsequent splits. With a 1-for-1 stock dividend in 1927 and 10 splits between 1935 and 2012, their heirs would be looking at a serious windfall. And to think that it all started with a single glass of soda served at an Atlanta pharmacy in 1886.