CAGR Calculator: Compound Annual Growth Rate

Calculate the compound annual growth rate — the single steady yearly rate that links a starting value to an ending value.

✓ Editorially reviewed Updated May 17, 2026 By Ugo Candido
Start, End & Years
The value at the beginning of the period.
The value at the end of the period.
Your estimate $—

Adjust the inputs and select Calculate for a full breakdown.

Compare Common Scenarios

How the numbers shift across typical situations for this calculator:

ScenarioAnnual growth rateTotal growth
10,000 to 25,000 over 8yr12.14%150.00%
5,000 to 8,000 over 5yr9.86%60.00%
100,000 to 90,000 over 4yr-2.60%-10.00%
2,000 to 12,000 over 15yr12.69%500.00%

How This Calculator Works

Enter the starting value, the ending value, and the number of years between them. The calculator finds the constant annual rate that, compounded over those years, turns one figure into the other, and shows the total growth alongside.

The Formula

Compound Annual Growth Rate

CAGR = (End / Start)^(1/n) − 1

Start is the beginning value, End is the ending value, n is the number of years

Worked Example

A value rising from 10,000 to 25,000 over 8 years has a CAGR of about 12.1%. The total growth is 150%, but CAGR restates that as the smooth yearly rate that makes periods of different lengths comparable.

Key Insight

CAGR hides volatility. Two investments with the same CAGR can have taken wildly different paths, so it is the right tool for comparing end results but a poor guide to the risk taken along the way.

Frequently Asked Questions

What is CAGR?

Compound annual growth rate is the constant yearly rate that would grow a starting value to an ending value over a set number of years. It is a smoothed average rate.

How is CAGR different from total growth?

Total growth is the whole change from start to end. CAGR spreads that change into a per-year rate, which makes periods of different lengths comparable.

Why does CAGR ignore volatility?

CAGR uses only the start and end values. The path between them — steady, or full of swings — does not change the figure, so it says nothing about risk.

Can CAGR be negative?

Yes. If the ending value is below the starting value, CAGR is negative, showing the steady annual rate of decline over the period.

What is CAGR used for?

It is widely used to compare the historical growth of investments, revenue, or any quantity, by reducing each to a single annual rate.

Related Calculators

Data Sources & Benchmarks

This calculator draws on 2 independent, dated sources.

10.30% Provisional
S&P 500 long-run annual return
S&P 500 Index — Long-Run Annualized Total Return
S&P Dow Jones Indices · as of December 31, 2025
View source ↗
3.10% Provisional
U.S. inflation, 12-month change
Consumer Price Index for All Urban Consumers — All Items, 12-Month Change
U.S. Bureau of Labor Statistics · as of April 30, 2026
View source ↗

Methodology & Review

Ugo Candido ✓ Editor
Wrote this calculator and is responsible for its methodology and review.

CAGR is the constant annual rate that compounds the starting value to the ending value over the period. It smooths an uneven path and ignores any volatility between the two endpoints.

Written by Ugo Candido · Last updated May 17, 2026.