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Rate of Return Calculator

Last updated: June 17, 2026

Blake Boege
Written by Blake Boege · Founder, Calculator Answers

Rate of return (RoR) is the net gain or loss of an investment over a specified time period, expressed as a percentage of the investment's initial cost. It indicates the efficiency and profitability of a capital allocation. An annualized rate of return (CAGR) measures the geometric mean return per year, allowing direct comparison of investments held over different durations. Financial analysts and individual investors use it to evaluate stocks, mutual funds, real estate, and portfolio performance.

Calculate total and annualized percentage returns for stocks, real estate, mutual funds, or any asset class. Enter initial and final values, and optionally the time horizon in years.

Quick Answer

Calculate the total percentage return and annualized return (CAGR) on an investment. Enter the initial and final values, plus the number of years if you want the annualized return.

Investment details

$
$

Include dividends or any cash distributions in this ending balance.

Optional. Specify duration to calculate annualized rate of return.

Key Financial Notes

  • Total Return: Measures absolute wealth growth from start to finish, independent of length of time.
  • Annualized Return: Adjusts total return to a yearly rate, reflecting compounding effects. Essential for comparing investments of different timelines.
  • Negative Returns: Occur when an investment loses value. A final value of $0 yields a −100.00% return.
Return summary

Total Rate of Return

50.00%

Gain: $5,000.00 on initial $10,000.00

Initial Investment$10,000.00
Ending Value$15,000.00
Total Profit/Loss$5,000.00
Total Return Percentage50.00%
Investment Duration3 years
Annualized Return (CAGR)14.47%

This calculation assumes a single initial deposit and a final value with no contributions or withdrawals during the period. Real-world returns may vary based on commissions, fees, taxes, and other factors.

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Examples

$5,000 to $7,500 total return

50.00% return

$10,000 to $15,000 over 3 years

50.00% total return, 14.47% annualized return

$2,500 to $2,000 total loss

−20.00% return (loss)

How it works

The calculator determines the percentage difference between your initial investment and final balance, representing your total rate of return. If years are provided, it uses geometric mean compounding to annualize the return.

Total Return · Total Return = ((Final − Initial) / Initial) × 100

Annualized Return · Annualized = ((Final / Initial) ^ (1 / Years) − 1) × 100

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Frequently asked questions

Rate of return (RoR) is the percentage increase or decrease in the value of an investment over a specific period. It is calculated as the net gain or loss divided by the initial cost of the investment.

The total rate of return is calculated as: ((Final Value − Initial Value) / Initial Value) × 100. For example, if you buy a stock for $1,000 and sell it for $1,500, your return is (($1,500 − $1,000) / $1,000) × 100 = 50%.

Annualized rate of return (or compound annual growth rate - CAGR) is the geometric average return per year over the investment period. It accounts for compounding and allows you to compare investments held for different lengths of time on a standard yearly scale.

Yes. If the final value of your investment is less than the initial value, you have a capital loss, resulting in a negative rate of return. A total loss of the principal investment results in a −100% rate of return.

To calculate your total return, you should add any cash distributions (like dividends, interest payments, or rental income) to the final value before running the calculation.