CAGR Calculator

Calculate the Compound Annual Growth Rate (CAGR) between a starting and ending value over any number of years. Free, instant, no signup.

years
Formula: CAGR = (End / Begin)^(1/years) − 1
  • End = ending value
  • Begin = beginning value
  • years = investment period in years

How to use the CAGR Calculator

  1. Enter your values. Fill in the fields with your numbers.
  2. Calculate. Press Calculate to run the cagr calculator.
  3. Use the result. Copy the result or try a related tool next.

Why use our CAGR Calculator

Instant results. Enter your figures and the cagr calculator returns an answer in seconds.
Free & private. Runs in your browser — no signup, and nothing is sent to a server.
Accurate. Uses standard formulas so you can rely on the numbers.

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About the CAGR Calculator

The CAGR Calculator works out the Compound Annual Growth Rate of an investment or business metric between two points in time. You enter a starting value, an ending value, and the number of years in between, and it returns the single smoothed yearly rate that would have carried the first figure to the second if it grew at exactly that pace every year. Behind the scenes it applies the geometric formula CAGR = (Ending Value / Beginning Value) ^ (1 / Years) - 1. Because it answers in one clean percentage, it is the standard way to summarize how fast something grew over multiple years.

Reach for this tool whenever you want to compare growth across different time horizons or different assets on a fair, apples-to-apples basis. It is widely used to gauge the historical return of a stock, mutual fund, index, or savings balance, and equally to track revenue, user count, or profit growth for a company. Because CAGR normalizes everything to a per-year figure, a three-year holding and a seven-year holding can be lined up side by side. Analysts also feed a historical CAGR into forecast models as a baseline growth assumption.

The math is a geometric mean rather than a simple average, which is why CAGR is more honest than averaging yearly returns by hand. Divide the ending value by the beginning value to get the total growth multiple, raise that to the power of one divided by the number of years to annualize it, then subtract one to convert back to a rate. For example, a balance that climbs from 100,000 to 200,000 over five years has a CAGR of 2 ^ (1/5) - 1, or about 14.87 percent per year. The same approach works for sub-year periods by using the fraction of a year, such as 12/8 for an eight-month span.

This calculator runs entirely in your browser, so the figures you type are never uploaded, stored, or shared. The result is mathematically exact for the three numbers you provide, but remember what CAGR deliberately leaves out: it smooths over every up-and-down year in between, ignores volatility and risk, and assumes no deposits or withdrawals along the way. It describes the path from start to finish, not the bumpy ride that actually happened, so treat it as a clean summary rather than a complete picture of an investment's behaviour.

Frequently asked questions

What formula does this CAGR calculator use?

It uses CAGR = (Ending Value / Beginning Value) ^ (1 / Number of Years) - 1, the geometric growth formula. Only three inputs are needed: the starting value, the ending value, and the number of years.

Is CAGR the same as average annual return?

No. Average annual return is a simple arithmetic mean of each year's return, while CAGR is a geometric mean that accounts for compounding. CAGR reflects what you actually earned, whereas an arithmetic average tends to overstate growth, especially when returns swing widely from year to year.

How do I calculate CAGR for a period that is not a whole number of years?

Convert the period into a fraction of a year and use it as the exponent's denominator. For example, eight months is 8/12 = 0.667 years, and 18 months is 1.5 years. You can also divide extra days by 365 and add that decimal to your full years.

Can CAGR be negative?

Yes. If the ending value is lower than the beginning value, the CAGR comes out negative, showing the average yearly rate at which the value declined over the period.

What are the main limitations of CAGR?

CAGR smooths growth into one even rate, so it hides the volatility and the real year-by-year path. It also assumes a single start and end value with no deposits or withdrawals in between, which means it does not reflect ongoing cash flows or the actual risk taken.

From our blog

How to Calculate Your EV's Real MPGe (and Why It May Differ From the Sticker)

By the Super Simple Digital Tools Team · Updated June 2026

MPGe was created to solve a translation problem. Buyers spent decades judging cars by miles per gallon, but an electric vehicle has no gallons to count. To bridge that gap, the EPA anchored everything to a single fact: one gallon of gasoline holds about 33.7 kilowatt-hours of energy. That constant turns kilowatt-hours into a number that sits on the familiar MPG scale, letting a shopper line up a battery car next to a gas car using one yardstick.

To run your own figure, you need two inputs: the miles you covered and the energy you consumed over those same miles. The cleanest energy reading comes from a smart charger or your utility meter, because those capture the full draw from the wall. Divide miles by kilowatt-hours to get miles per kilowatt-hour, then multiply by 33.7. A car that travels 3.5 miles per kWh, for example, works out to roughly 118 MPGe.

There is often a meaningful difference between the number on the window sticker and the number you compute at home. EPA ratings come from standardized lab drive cycles that include charging losses from the wall to the battery. Your real driving adds variables the lab cannot fully capture: highway speeds that increase aerodynamic drag, cold weather that saps battery performance, cabin heating and air conditioning, and hilly terrain. All of these pull your real-world MPGe below the rated figure.

It also helps to know what MPGe deliberately leaves out. It is an energy-efficiency measure, not a cost measure, so two cars with identical MPGe can cost very different amounts to charge depending on local electricity prices and time-of-use rates. MPGe also says nothing about range, which is a function of battery capacity. A model can be extremely efficient yet still need more frequent charging than a larger, thirstier EV with a bigger pack.

Used carefully, the calculation becomes a practical tool rather than a marketing slogan. Compute MPGe across different seasons to see how winter affects you, compare it before and after changing your driving habits, or use it to settle a head-to-head between two cars you are considering. Pair the result with your actual electricity rate to estimate cost per mile, and you will understand your vehicle far better than the sticker alone allows.

  • For the most accurate result, take your kWh figure from a wall charger or utility meter rather than the dashboard, so charging losses are included the same way the EPA counts them.
  • If you only know your consumption as kWh per 100 miles, use the shortcut MPGe = 3370 / (kWh per 100 miles) to skip a step.
  • Calculate MPGe separately for summer and winter driving; cold-weather figures can drop noticeably and reveal how much heating and battery temperature affect your efficiency.
  • Remember that MPGe ranks energy efficiency, not running cost, so multiply your kWh used by your local electricity rate to get the dollars-per-mile number that actually matters for budgeting.

Read the full guide →

Tool by the Super Simple Digital Tools Team. Reviewed by our editorial team. Free to use, no signup required.

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