📈 CAGR Calculator

CAGR Calculator

Calculate the Compound Annual Growth Rate — the smoothed annual growth rate of an investment over any time period. Solve for CAGR, final value, start value, or years.

CAGR Calculator

Solve for any of 4 variables

$
$

% (e.g. S&P 500 ~10%)
CAGR
Total Return
Starting Value
Ending Value
CAGR
vs Benchmark
Starting Value
Ending Value
Years
CAGR
Total Gain
Total Return %
Benchmark CAGR
Benchmark Final Value

FAQ

What is CAGR?
CAGR (Compound Annual Growth Rate) is the rate at which an investment grows from its beginning to ending value, assuming profits are reinvested. Formula: CAGR = (EV/BV)^(1/n) - 1, where EV = ending value, BV = beginning value, n = years.
Why is CAGR useful?
CAGR smooths out year-to-year volatility and shows a single steady rate of return. It lets you compare investments across different time periods and sizes. It's used by Warren Buffett to measure Berkshire Hathaway's long-term performance.
What is a good CAGR?
The S&P 500 has averaged ~10% nominally (~7% inflation-adjusted) since 1926. A CAGR above 10% is excellent over a long period. Startups target 20-50%+ CAGR. For personal finance, 7-10% real returns are an ambitious but achievable CAGR benchmark.
CAGR vs Average Annual Return?
These are different! If a $10K investment gains 50% one year then loses 33%, the average is +8.5%. But the CAGR is 0% (10K → $15K → $10K). CAGR reflects actual compounded growth; average return can be misleading.