Skip to main content

CAGR Calculator — Compound Annual Growth Rate

Calculate CAGR for any investment, business revenue, or portfolio. Compare against benchmarks to see if your investment is outperforming.

Solve For

CAGR

9.60%

CAGR

9.60%

Start Value

$10,000

Final Value

$25,000

Total Return

150.0%

Growth Projection

Benchmark Comparison

High-Yield Savings4.5% → $15,530
S&P 500 (10yr avg)10.7% → $27,636
Bonds (avg)4.0% → $14,802
Your Investment9.6% → $25,000

Analysis & insights

$0 grew to $25,000 over 10 years — a compound annual growth rate of 9.6%. Total return: 150.0%. Above inflation, but below long-term equity returns. Appropriate for shorter horizons or lower-risk asset classes.

Market-rate return

9.6% CAGR is consistent with the long-term S&P 500 average (~10%).

Risk & benchmark gauge

Current band

Market range

9.6% CAGR

0255075100
LossBelow inflationMarket rangeAbove-market

Industry benchmarks

  • Your CAGR9.6%
  • US inflation (long-term)~3%
  • High-yield savings4-5%
  • S&P 500 long-term~10%
  • Years held10
  • Total return150.0%

Key insights

CAGR = "smoothed" growth

CAGR pretends every year had the same return. Real-world results bounce around year-to-year — same CAGR can have wildly different volatility. Use CAGR to compare returns; use standard deviation to compare risk.

Always compare CAGR to risk-free + benchmark

A 6% CAGR sounds OK until you remember the risk-free rate (Treasuries) was 5% and the S&P returned 10%. CAGR alone is meaningless without context.

Recommended actions(3)

Subtract fees, taxes, and inflation

High priority

Nominal CAGR overstates your real return. A 10% nominal CAGR with 1% fees + 24% capital gains tax + 3% inflation = ~3.5% real return. Big difference.

Use CAGR to compare similar-period investments

Medium priority

CAGR comparisons are meaningful only when timeframes are equal. A 5-year CAGR can't be compared to a 1-year CAGR.

For projections, use conservative assumptions

Medium priority

For retirement planning, use 5-7% real (after-inflation) return rather than nominal 10%. Conservative inputs → conservative results → no surprises.

This tool is for educational purposes only and does not constitute financial, tax, or investment advice. Consult a qualified financial professional for advice specific to your situation.