Excel Macro for CAGR – Compound Annual Growth Rate

I end up calculating CAGR a lot in Excel. Exciting for me.

Here’s the macro-template for idiots I’ve finally found success with:

=(last/first)^(1/(LastYear-FirstYear))-1

I’ve seen Gartner use RATE for CAGR, and I you could probably use XIRR as well.

Have fun!

 

Also, if you just want percent change:

=((last-first)/first)