CAGR Calculator

Calculate compound annual growth rate for any metric. Enter beginning value, ending value, and time period to see your CAGR.

SC
Written by Sarah Chen, CFP
Certified Financial Planner
JW
Fact-checked by Dr. James Wilson, PhD
Options Strategy Researcher
Profit & LossFact-Checked

Input Values

$

Beginning value.

$

Ending value.

Number of years.

Additional years to project.

Results

CAGR
0.00%
Total Growth
0.00%
Projected Value$0.00
Doubling Time0
Growth Multiplier0
Results update automatically as you change input values.

CAGR Calculator Guide

This CAGR calculator instantly computes the compound annual growth rate for any values over any time period. CAGR is the most widely used metric for measuring consistent growth over time, whether you are analyzing investment returns, business revenue, or any other metric that changes over years.

Unlike simple average growth rates, CAGR accounts for compounding effects and provides the equivalent constant annual rate that would produce the observed total growth. It is the standard for investment performance reporting and business growth analysis.

CAGR Formula
CAGR = (End Value / Start Value) ^ (1/Years) - 1
Where:
End Value = Final value of the metric
Start Value = Initial value
Years = Time period in years
CAGR Calculator Example
Given
Start Value
$5,000
End Value
$14,000
Years
7
Calculation Steps
  1. 1Total Growth = ($14,000 - $5,000) / $5,000 = 180%
  2. 2CAGR = ($14,000/$5,000)^(1/7) - 1
  3. 3CAGR = (2.8)^(0.1429) - 1 = 15.87%
  4. 4Growth Multiplier = 2.8x in 7 years
  5. 5Doubling Time = 72 / 15.87 = 4.5 years
  6. 6Projected value in 5 more years = $14,000 × (1.1587)^5 = $29,327
Result
$5,000 grew to $14,000 over 7 years, a 15.87% CAGR and 2.8x growth multiplier. At this rate, the investment doubles every 4.5 years and would reach ~$29,327 in 5 more years.

CAGR Growth Projection Table

How $10,000 Grows at Different CAGR Rates
CAGR5 Years10 Years20 Years30 Years
5%$12,763$16,289$26,533$43,219
8%$14,693$21,589$46,610$100,627
10%$16,105$25,937$67,275$174,494
12%$17,623$31,058$96,463$299,600
15%$20,114$40,456$163,665$662,118
20%$24,883$61,917$383,376$2,373,763

How to Use the CAGR Calculator

1
Gather Your Data
You need three numbers: the starting value, ending value, and the number of years. These can be investment values, revenue figures, or any measurable metric.
2
Enter Values
Input your starting value, ending value, and years into the calculator above. The CAGR, total growth, and growth multiplier are calculated instantly.
3
Interpret Results
A 15.87% CAGR means the metric grew at 15.87% per year on average (compounded). Compare to benchmarks to evaluate performance.
4
Project Forward
Use the CAGR to project future values. Remember this assumes the same growth rate continues, which is useful for planning but not guaranteed.
  • CAGR works for any metric: revenue, earnings, users, GDP, portfolio value
  • Always use consistent time periods: start and end at the same point in cycles
  • CAGR over 10+ years is more reliable than 1-3 year CAGR
  • Very high CAGR (30%+) is rarely sustainable for long periods
  • Use CAGR with standard deviation for complete risk-return analysis
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CAGR for Business Planning

Businesses use CAGR to set realistic growth targets and projections. If your revenue CAGR has been 15% for the past 5 years, a 15% forward projection is more defensible than a sudden jump to 30%. Investors and lenders expect growth projections aligned with historical CAGR.

Frequently Asked Questions

CAGR stands for Compound Annual Growth Rate. It is the constant annual rate at which a value would need to grow to reach from its starting point to its ending point over a given period. It accounts for compounding and smooths year-to-year variation into a single representative rate.

Sources & References

  • U.S. Securities and Exchange Commission (SEC) - Investor Education
  • Options Clearing Corporation (OCC) - Options Education
  • Chicago Board Options Exchange (CBOE) - Options Strategies
  • Hull, J.C. "Options, Futures, and Other Derivatives" (11th Edition, 2021)

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