Loading calculator...
- Finds the compound annual growth rate between a starting and an ending value.
- Can also find the ending value from a yearly rate, or the starting value you need.
- Works with part years, such as 2.5 years.
- Shows total growth, the growth multiple, years to double and a year-by-year table.
How to use the CAGR calculator
Choose what to calculate
CAGR, the ending value or the starting value.
Enter the values you know
Starting value, ending value or growth rate.
Enter the number of years
Decimals are fine.
Read the result
See the rate, total growth and the value each year.
What is CAGR?
CAGR, the compound annual growth rate, is the single steady yearly rate that would take a value from its start to its end over a set number of years. It smooths out the ups and downs, which makes it useful for comparing investments, revenue or any growth over different time periods.
CAGR formulas
CAGR = (ending value ÷ starting value)^(1 ÷ years) − 1
Ending value = starting value × (1 + CAGR)^years
Starting value = ending value ÷ (1 + CAGR)^years
Example 1: $10,000 to $25,000 in 5 years
Find the CAGR.
- Growth multiple 2.5×
- CAGR 20.11%
- Years to double at this rate 3.78 years
Example 2: other results
Quick checks.
- $100 to $200 in 10 years 7.18% CAGR
- $10,000 to $15,000 in 2.5 years 17.61% CAGR
- $1,000 to $500 in 3 years −20.63% CAGR
Example 3: from a rate
Using 8% a year for 5 years.
- $10,000 grows to $14,693.28
- Starting value needed to reach $25,000 $17,014.58
Where CAGR is used
Investments
Compare the yearly growth of stocks, funds and portfolios.
Business revenue
Measure sales or user growth over several years.
Real estate
Find the yearly growth of a property value.
Goal planning
See what rate you need to hit a target.
CAGR does not show volatility or the order of returns, and it ignores money added or taken out along the way. To project regular contributions, use the future value calculator or the compound interest calculator.
CAGR calculator FAQ
What is a good CAGR?
It depends on the asset and risk. Over long periods, broad stock markets have often been around 7% to 10% a year, but past results do not guarantee future ones.
How do you calculate CAGR?
Divide the ending value by the starting value, raise it to the power of 1 ÷ years, then subtract 1.
What is the CAGR of $10,000 growing to $25,000 in 5 years?
About 20.11% a year.
Can CAGR be negative?
Yes. If the ending value is lower than the starting value, the CAGR is negative.
What is the difference between CAGR and average return?
An average return adds yearly returns and divides. CAGR is the compound rate that links the start and end values, so it is usually lower when returns go up and down.
Can I use CAGR for part of a year?
Yes. Enter years as a decimal, such as 2.5.