Achieving a double-digit return from an S&P/ASX 200 Index (ASX: XJO) share over a one-year time span is a rare feat in itself. But finding an ASX share that has returned double-digits for a decade? Well, that's the real Holy Grail of stock market investing.
ASX shares have historically delivered compelling returns that enable all Australians to build wealth, whether that be inside or outside superannuation (or both). As of 31 August, investors who bought a simple ASX 200 index fund enjoyed an average return of about 9.7% per annum over the preceding ten years.
That kind of return is certainly nothing to turn one's nose up at. Saying that, many ASX 200 shares, even blue chips, have done even better. So today, let's go through three ASX 200 blue-chip shares whose total returns have hit double-digits on an annual average basis over the past decade.
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3 ASX 200 blue-chip shares that have returned double digits over the past ten years
Commonwealth Bank of Australia (ASX: CBA)
It will probably come as no surprise to see CBA stock is first up on this list. Commonwealth Bank has been an infamously illogical top performer in recent years. This bank has spent a good chunk of 2025 so far hitting a series of fresh new all-time highs. The most recent of those saw the bank hit $192 a share back in June.
Thanks to galloping share price growth, as well as a consistently rising dividend, CBA shares have certainly brought home the bacon. By my estimates, shareholders have enjoyed an annual return of approximately 11.9% per annum since this time in 2015.
Wesfarmers Ltd (ASX: WES)
Wesfarmers is another share that is beloved by many Australian investors, and for good reason. This ASX 200 blue-chip stock is one of the most diversified companies at the upper echelons of the ASX, thanks to its sprawling portfolio of underlying businesses like Target, OfficeWorks, Kmart, WesCEF, and, of course, Bunnings.
Wesfarmers has proven that it knows how to make a buck for its investors. Like CBA, shareholders have also enjoyed significant share price growth over the past decade, supplemented by an ever-rising dividend.
I estimate that this combination has been worth around 12.15% per annum since September 2015.
Super Retail Group Ltd (ASX: SUL)
Our final ASX 200 stock is certainly less well-known than the two blue chips listed above. But that hasn't stopped Super Retail Group from delivering for its owners over the past decade. This retailing company, which houses brands like Super Cheap Auto, Rebel, and Macpac, has also spent 2025 exploring new record territory, hitting $20.20 a share a few weeks ago.
Over the past decade, Super Retail has increased its dividends dramatically. This has helped the company achieve an estimated annual return of around 11.4% per annum since 2015.
Foolish Takeaway
Long-term returns are a highly useful yardstick for measuring a company's future potential. But they are not infallible. Past performance is never a guarantee of future success, so make sure you run the ruler over any of these stocks before buying. The next ten years might not be quite as rosy as the past ten have been.
