Calculate a compound annual growth rate (CAGR)
A compound annual growth rate (CAGR) measures the rate of return for an investment — such as a mutual fund or bond — over an investment period, such as 5 or 10 years.
Applies To: Excel for Microsoft 365, Excel for Microsoft 365 for Mac, Excel for the web, Excel 2021, Excel 2021 for Mac, Excel 2019, Excel 2019 for Mac, Excel 2016, Excel 2013, Excel for iPad, Excel for iPhone, Excel for Android tablets