Calculating CAGR in Excel - Sample Workbook

The workbook demonstrates different ways to calculate the compound annual

growth rate (CAGR) in Excel.

Author https://www.Ablebits.com
Last updated 30-Jun-16
Tutorial URL https://www.ablebits.com/office-addins-blog/2016/08/03/calculate-cagr-exc

Examples
CAGR calculator in Excel based on an arithmetic equation
CAGR formula based on the POWER function
CAGR formula based on the RATE function
CAGR formula based on the IRR/XIRR function
16/08/03/calculate-cagr-excel-formulas/
CAGR Calculator Year Revenue
Beginning value 200,000 2010 200,000
Ending value 450,000 2011 220,000
Number of periods 5 2012 270,000
2013 330,000
CAGR 17.61% 2014 390,000
2015 450,000

CAGR formulas
Formula 1: 17.61% Note: This formula requires you to k
Formula 2: 17.61% Note: This formulas calculates the n
s formula requires you to know the number of years.
s formulas calculates the number of years automatically.
Year Revenue
2010 200,000
2011 220,000
2012 270,000
2013 330,000
2014 390,000
2015 450,000

CAGR formulas
Formula 1: 17.61% =POWER(B7/B2,1/5)-1 Note: This formula requires you to know the num
Formula 2: 17.61% =POWER(B7/B2,1/(ROW(B7) - ROW(B2)))-1 Note: This formulas calculates the number of yea
equires you to know the number of years.
calculates the number of years automatically.
Year Revenue
2010 200,000
2011 220,000
2012 270,000
2013 330,000
2014 390,000
2015 450,000

CAGR formulas
Formula 1: 17.61% =RATE(5,,-B2,B7) Note: This formula requires you to know the number of yea
Formula 2: 17.61% =RATE(ROW(B7)-ROW(B2),,-B2,B7) Note: This formulas calculates the number of years automa
u to know the number of years.
the number of years automatically.
Year Revenue
2010 -200,000
2011 0
2012 0
2013 0
2014 0
2015 450,000

CAGR formula
Formula 1: 17.61% =IRR(B2:B7)