CAGR Calculator
Find the constant annual growth rate that would turn a beginning value into an ending value over a specified number of years. CAGR is useful for comparing investments, business metrics and long-term portfolio growth on a common annual basis.
CAGR9.86%
Total growth60.00%
Dollar growth$15,000.00
How this tool works
CAGR = (ending value ÷ beginning value)^(1 ÷ years) − 1.
Example
An investment that grows from $25,000 to $40,000 over five years has a CAGR of roughly 9.86%, even if the actual year-by-year returns were uneven.
Common questions
Does CAGR show volatility?
No. CAGR smooths the entire period into one constant annual rate and hides the path taken between the endpoints.
Can CAGR be negative?
Yes. If the ending value is lower than the beginning value, CAGR will be negative.