CAGR = (Ending Value / Beginning Value)^(1 / Number of Years) – 1
Identify the beginning value
Identify the ending value
Determine the number of years
Divide the ending value by the beginning value
Raise the result to the power of 1 divided by the number of years
Subtract 1
Multiply by 100 to get the CAGR percentage
Example: CAGR = (200 / 100)^(1 / 3) – 1
Example result: CAGR = 26.0%