CAGR Calculator

"My investment grew 80%" sounds great, until you ask: over how many years? CAGR turns any start and end value into one comparable yearly rate.

CAGR

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per year

Absolute return

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total, over the period

Real CAGR

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after inflation

Doubles every

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Added or withdrew money along the way? CAGR can't handle that; use the XIRR calculator. Learn the difference in CAGR explained.

The formula

CAGR = (ending value ÷ starting value)^{1 ÷ years} − 1. It's the steady yearly rate that would take you from start to end, smoothing out the ups and downs in between. Absolute return just compares the two numbers, which is why it flatters long holding periods.