Formula
CAGR = (End ÷ Start)^(1/Years) − 1
FAQ
Why CAGR instead of average growth?
Arithmetic averages overstate compound reality. CAGR is the constant rate that would connect start to end — the honest summary of multi-year growth.
Can CAGR be negative?
Yes — a declining base produces a negative CAGR. The formula handles it; the strategic conversation it triggers is the point.