Financial

Free IRR Calculator

Approximate internal rate of return for level annual cash flows.

  • Free Forever
  • No Registration Required
  • Instant Results
  • Downloadable Reports
  • Mobile Friendly

Inputs

$
$

Result

Approximate IRR

15.24%

Total cash returned$150,000.00
Multiple on invested capital1.50×

Your result is ready.

Download your free detailed report — inputs, result, formula and explanation included.

Estimates only. Verify with a professional for consequential decisions.

  • Always Free
  • No Hidden Costs
  • No Account Required
  • Unlimited Calculations
  • Instant Reports

Short answer

Approximate internal rate of return for level annual cash flows.

What is the IRR Calculator?

Approximate internal rate of return for level annual cash flows.

How does the IRR Calculator work?

Enter the inputs above and read the result.

Formula

IRR solves: Σ CFₜ ÷ (1+IRR)^t = Initial investment

Variables

  • IRRRate that makes NPV zero

Explanation

Found here via binary search for level (equal) annual cash flows.

Examples

Applications

    Advantages

      Limitations

        Common mistakes

          Tips

            Related concepts

            The IRR Calculator sits inside the Finance Calculators hub, in the investing & retirement cluster. Growing capital and planning for withdrawal. Understanding the terms below makes the output easier to interpret and easier to compare against neighbouring measures.

            compound growthasset allocationwithdrawal rateyielddividend reinvestmentrisk-adjusted return

            Practical use cases and industry applications

            Understanding IRR

            Approximate internal rate of return for level annual cash flows. Within finance calculators, irr belongs to the investing & retirement cluster, where it shares terminology and assumptions with closely related tools.

            Learning how irr is calculated

            Found here via binary search for level (equal) annual cash flows. Working through the variables one at a time — IRR — makes the result reproducible by hand and easier to sanity-check.

            Using irr to make a decision

            Because outputs depend on the assumptions you enter, run more than one scenario before committing to a figure.

            How irr compares with related measures

            compound growth, asset allocation, withdrawal rate, yield all describe adjacent aspects of investing & retirement. Comparing this calculator's output against those measures — using the related tools listed on this page — prevents a single metric from being read in isolation.

            Frequently asked questions

            Related calculators

            More investing & retirement tools

            We value your privacy

            We use cookies to run the site, remember your preferences, and — with your permission — show relevant ads and measure traffic. See our Cookie Policy.