Compound Annual Growth Rate Calculator

CAGR is the constant yearly growth rate that turns a starting value into an ending value over a set number of years: CAGR = (Ending / Beginning)1/years − 1. It summarizes growth in one number but hides the volatility along the way.

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Results

CAGR

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Total return

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Results are illustrative. Calculations run entirely in your browser, nothing you enter is sent anywhere, and no figure here is a forecast, a guarantee or investment advice. Markets can rise or fall.

How the calculation works

Total return is Ending ÷ Beginning − 1; CAGR spreads that across the period geometrically.

CAGR ignores money added or withdrawn during the period. If there were cash flows, see money-weighted return or time-weighted return.

Frequently asked questions

What is a good CAGR?

There's no universal benchmark. A CAGR only means something next to the asset, the period and the risk taken.

Does CAGR account for deposits?

No. With deposits or withdrawals in the period, use a time-weighted or money-weighted return instead.