CAGR stands for compound annual growth rate. It is the constant annual rate that would turn a beginning value into an ending value over a given period.

Is CAGR the same as average annual return?

No. CAGR accounts for compounding, while a simple arithmetic average may produce a different result.

Can CAGR be negative?

Yes. If the ending value is lower than the beginning value, CAGR will be negative.

Does CAGR show investment volatility?

No. CAGR smooths the entire period into one annualized rate and does not show year-to-year gains or losses.

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CAGR Calculator

Calculate the compound annual growth rate of an investment, business metric, or asset using its beginning value, ending value, and investment period.

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Value format

Use Number for non-monetary values, or choose a currency for monetary values. Currency selection does not perform exchange-rate conversion.

Beginning value

Ending value

Investment period

years

Calculation assumptions:
CAGR represents the constant annual rate that would grow the beginning value into the ending value over the selected period. It does not show actual year-to-year volatility.

Your result

Compound annual growth rate 0.00%

Total growth 0.00%

Absolute change $0.00

Enter your values to see a short growth summary.

CAGR Calculator

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