About this CAGR Calculator
CAGR Calculator annualizes growth across a multi-year interval when beginning value, ending value and elapsed years are known.
Formula or method
CAGR = (Ending ÷ Beginning)^(1/years) − 1.
Example
100 growing to 121 over 2 years has CAGR of 10%.
Common uses
- Compare long-term growth rates.
- Annualize a multi-year change.
- Check a compound-growth assumption.
How to use this tool
- Enter the values or text requested by the calculator.
- Choose units or options when the tool provides them.
- Select the calculation button and review the result.
- Use the formula, example and notes on this page to check whether the result fits your situation.
Important note
CAGR smooths the entire interval into one annual rate and does not show year-to-year volatility.
Estimate only: Money-related results are mathematical estimates. They are not financial, tax, legal, credit or lending advice.
Frequently asked questions
Does CAGR show actual yearly returns?
No. It is a smoothed annual rate that links the beginning and ending values.
Can the beginning value be zero?
No. CAGR requires a positive beginning value.