Over the past five years, the S&P/ASX 200 Index (ASX: XJO) has gained 12.35%.
Sounds anaemic, right?
Well, don't forget, there was a global pandemic within that time frame.
And as my Fool colleague Seb recently wrote, ASX 200 shares still delivered pretty healthy dividends during this period.
But as is always the case, some ASX 200 shares still recorded phenomenal growth while the benchmark index returned so-so results.
Point of interest: The Dow Jones Industrial Average index of US stocks did much better than ASX 200 shares, with more than 35% growth over the past five years.
Anyway.
Just for fun, let's take a look at some of those growth superstars of the ASX 200 over the past five years.
The superstar ASX 200 shares of 2018-2023
The ASX 200 shares profiled below are just some of the fastest-growing stocks of this five-year period.
Pro Medicus Limited (ASX: PME)
The Pro Medicus share price has stormed 700% higher over the past five years. It closed the session on Friday at $62.94.
In a recent article on the 9 ASX 200 shares you should have bought during the pandemic crash and held, we looked at how much a $10,000 investment in Pro Medicus during the crash would be worth now. The answer is more than $37,000.
Is there more growth ahead in FY24? As we reported, only 9% of analysts that cover Pro Medicus shares rate them a buy following very strong price growth over the past year.
Fortescue Metals Group Limited (ASX: FMG)
The Fortescue share price has soared by more than 410% over the past five years. It closed the session on Friday at $21.67.
Founder Andrew 'Twiggy' Forrest is arguably at the forefront of the mining industry when it comes to decarbonisation and renewable energy.
He is rapidly growing the Fortescue Future Industries division, which seeks to develop renewable energy, green hydrogen, and green ammonia projects with partners around the world.
Is there more growth ahead in FY24? The Westpac Trading platform reports 16 analysts' ratings. Nine rate Fortescue a strong sell, three rate it a moderate sell, and four rate it a hold. You can read about the FY24 outlook for ASX mining shares here.
Pilbara Minerals Ltd (ASX: PLS)
The Pilbara Minerals share price has gained almost 390% over the past five years. The ASX 200 lithium share closed the session on Friday at $4.88.
Pilbara Minerals was the second-best performer of the ASX lithium shares in FY23. Its share price more than doubled, partly due to strong profits, and the company paid its first-ever dividend in March.
That was a major event for shareholders given the stock has been listed on the ASX since 2010.
Is there more growth ahead in FY24? Top broker Macquarie has an outperform rating on the stock and a 12-month share price target of $7.30.
WiseTech Global Ltd (ASX: WTC)
The Wisetech share price has ascended 322% over the past five years. The ASX 200 tech share closed the session on Friday at $75.75.
The logistics software company is among the best-performing ASX growth shares of 2023.
Is there more growth ahead in FY24? Goldman Sachs has a neutral rating on Wisetech but recently lifted its 12-month share price target by 37% from $60 to $82.
Goodman Group (ASX: GMG)
The Goodman Group share price has increased by 99.8% over the past five years. The ASX 200 property share closed the session on Friday at $19.62.
Goodman Group is the largest real estate investment trust (REIT) on the ASX. It's an integrated global business specialising in industrial property.
Goodman Group is among the five ASX 200 dividend shares we recently profiled that have raised their dividend payouts every year for a decade or more.
Is there more growth ahead in FY24? Morgans has an add rating and a $24 price target on Goodman Group shares.
