CAGR Calculator

Find the steady yearly growth rate that takes a starting value to an ending value.

What Do You Want to Find?
$
$
Amounts in dollars.
–
Result
Total growth
Doubling time at this rate
Year by year
Work

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How to Calculate CAGR

CAGR = (ending ÷ starting)^(1 ÷ years) − 1

CAGR smooths a bumpy path into one steady yearly rate. It matches Excel’s RRI function.

Worked Example

Tips

CAGR ignores money added or withdrawn along the way; for that, use an IRR or money-weighted return. Fractional years work (2.5 years).