Compound Annual Growth Rate (CAGR)
The steady yearly growth rate that would take a number from where it starts to where it ends.
Revenue of 100 that grows to 121 over two years has a CAGR of 10 percent.
The steady yearly growth rate that would take a number from where it starts to where it ends.
Revenue of 100 that grows to 121 over two years has a CAGR of 10 percent.