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ROI Calculator

Calculate return on investment (ROI) and annualized ROI from your initial investment and final value.

About the ROI Calculator

Return on investment, or ROI, is the simplest way to measure how well money performed: it compares what you got back to what you put in, expressed as a percentage. This calculator gives you the straightforward total ROI, and — if you provide a holding period — the annualized rate that lets you compare investments held for different lengths of time.

How It Works

The calculator subtracts your initial investment from the final value to get the net gain, then divides that by the initial investment to get total ROI as a percentage. When a holding period in years is provided, it also computes the compound annual growth rate implied by that total return, which is the fair way to compare a 2-year investment against a 10-year one.

ROI = (Final Value − Initial Investment) / Initial Investment × 100. Annualized ROI = [(Final Value / Initial Investment)^(1/years) − 1] × 100.

Example

Scenario: An investment of $10,000 that grew to $14,500 over 3 years.

Result: Total ROI of 45%, which works out to an annualized ROI of about 13.2% per year.

Assumptions & Limitations

  • Assumes a single initial investment and a single final value, with no interim withdrawals or additional contributions.
  • Annualized ROI assumes smooth, compound growth across the holding period, which real returns rarely follow exactly.
  • Does not account for taxes, fees, or inflation, all of which reduce real-world investment returns.
  • Not designed for investments with multiple cash flows in and out — that requires an IRR calculation instead.

Frequently Asked Questions

Why does annualized ROI matter if I already have total ROI?
Total ROI does not account for how long it took to earn — a 45% return over 3 years is much better than the same 45% return over 15 years, and annualized ROI makes that comparison fair.
What counts as a good ROI?
It depends heavily on the asset class and risk taken; comparing your annualized ROI to a relevant benchmark, such as a broad market index over the same period, is more meaningful than judging the number in isolation.
Can ROI be negative?
Yes — if the final value is less than the initial investment, ROI will be a negative percentage, indicating a net loss on the investment.

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