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CAGR Calculator

Free CAGR calculator. Find the compound annual growth rate between a beginning and ending value.

CAGR is the smoothed yearly growth rate that takes a value from start to end — the standard way to compare investments.

How the CAGR Calculator works

CAGR = (ending ÷ beginning)^(1 ÷ years) − 1. It's the smoothed annual growth rate from start to end value.

Example calculation

Growing $10,000 to $25,000 over 5 years is a CAGR of about 20.1%.

Tips for using the CAGR Calculator

  • CAGR removes year-to-year noise.
  • Use it to compare investments over equal periods.
  • It hides volatility — combine with risk metrics.

CAGR Calculator — frequently asked questions

Why use CAGR?
It removes volatility noise and expresses growth as one consistent annual rate.
Does it show risk?
No — CAGR ignores year-to-year swings, so pair it with a volatility measure.
Why use CAGR instead of average return?
Averages overstate growth; CAGR reflects actual compounded performance.
Does CAGR show risk?
No — it ignores the path taken, so volatility is invisible.

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