Free CAGR Calculator Online — Compound Annual Growth Rate

CAGR (Compound Annual Growth Rate) is the single smoothed yearly rate that would grow a starting value into an ending value over a period — it strips out the year-to-year noise so you can compare investments or businesses fairly. It's more honest than a simple average because it accounts for compounding. Enter the start value, end value and number of years to get the CAGR instantly.

Frequently Asked Questions

What is CAGR?
CAGR (Compound Annual Growth Rate) is the rate at which an investment would have grown if it grew at a steady rate each year: CAGR = (Final ÷ Initial)^(1 ÷ years) − 1.
Is CAGR the same as average return?
No — CAGR is a geometric mean and accounts for compounding. A simple average return ignores the compounding effect and often overstates actual growth.