Formula and method
CAGR = [(ending value/beginning value)^(1/years) − 1] × 100.
Worked example
A value rising from 100 to 121 in two years has CAGR 10%, because 100 × 1.1² = 121.
Find the constant annual growth rate connecting a positive beginning value to an ending value across a chosen number of years.
Printed from Calxy · https://www.calxy.net/financial/cagr-calculator
1e-8 – 1000000000000
0 – 1000000000000
0.000001 – 1000
Compound annual growth rate
8.45%
A constant annual rate connecting endpoints, not a history of yearly returns. Deposits and withdrawals distort this calculation; use cash-flow methods for investments with additional flows.
CAGR = [(ending value ÷ beginning value)^(1/years) − 1] × 100.
CAGR = [(ending value/beginning value)^(1/years) − 1] × 100.
A value rising from 100 to 121 in two years has CAGR 10%, because 100 × 1.1² = 121.
Not by itself. Extra cash flows change the endpoint without representing investment return. Use IRR or another cash-flow-aware method.
Last updated . Results are estimates for informational purposes only.