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Business & Finance

CAGR Calculator

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

✓ Free to use✓ No signup✓ Local processing where possible

What is CAGR Calculator?

Calculate compound annual growth rate between a starting and ending value. The tool is designed for quick, practical calculations in a modern browser and does not require an account.

How to use this calculator

  1. Enter the values you already know.
  2. Adjust the rate, period or other options if shown.
  3. Select Calculate to view the result and supporting values.

How the calculation works

CAGR smooths growth over a period into one equivalent annual growth rate.

Core relationship: CAGR = (Ending value ÷ Starting value)^(1 ÷ Years) − 1.

Practical example

Enter a realistic set of values from your own task and compare the result with a second scenario. This is often the fastest way to understand how changing one input affects the output.

Important notes

Results are provided as a practical calculation or conversion aid. Rounding rules, local regulations, provider-specific formulas, taxes, fees or professional requirements can change the final real-world figure. Check official documentation when the result will be used for a legal, financial, engineering or operational decision.

CAGR formula

CAGR is calculated as (ending value ÷ beginning value)^(1 ÷ number of years) − 1. It answers the question: what constant annual growth rate would connect the starting and ending values?

Example

If a value grows from 100 to 150 over 4 years, CAGR is about 10.67% per year. The actual year-by-year returns may have been much higher or lower.

CAGR smooths volatility

CAGR is useful for comparing multi-year growth, but it hides the path between the endpoints and does not account for intermediate contributions or withdrawals.

Last updated: August 7, 2026

Frequently Asked Questions

Is CAGR Calculator free to use?

Yes. You can use the tool without creating an account or paying a fee.

Does the calculation happen on this page?

Yes. The result is calculated directly from the values you enter. File and text tools use local browser processing where practical.

Can I use the result as an official figure?

Use it as a practical estimate or conversion. Confirm important legal, financial, engineering or provider-specific figures with the relevant official source.

Does CAGR equal the average of yearly returns?

No. CAGR is a geometric annualized rate that connects the beginning and ending values.

Can CAGR be used when cash is added or withdrawn?

Not reliably without adjustment. Cash flows can distort a simple beginning-to-ending CAGR calculation.

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