Financial calculator
Annualize the change between beginning and ending values and understand the total scale of growth.
CAGR omits interim volatility and cash flows. It does not mean the same return occurred every year.
Results
An annualized estimate assuming the same compounded rate each year.
An implied growth path connecting the entered beginning and ending values at a constant CAGR.
Calculate to view estimated value and cumulative growth by period.
Calculate to view beginning value, ending value, period, and growth multiple.
No. CAGR is a geometric compounded rate connecting two values, not the arithmetic average of actual periodic returns.
Yes. When ending value is below beginning value, CAGR is a negative annualized decline.
The entered months are divided by 12. Small short-term changes can appear large when annualized.
No. CAGR uses only two values. Use a cash-flow-based return measure when contributions or withdrawals occurred.