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FREE CALCULATOR

CAGR Calculator

Calculate the compound annual growth rate between a starting value and an ending value.

CAGR

Formula

CAGR = (Ending value ÷ Beginning value)1/n − 1, where n is the number of years.

What CAGR tells you

CAGR converts a multi-year change into a smoothed annual growth rate. It is useful for comparing investments held for different time periods, but it does not show interim volatility.

This calculator is illustrative. Tax, fees, inflation and actual returns may materially change the outcome.