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ROI Calculator

Calculate return on investment as a percentage, with the annualised figure for multi-year investments.

Your numbers

$
$

Result

Return on investment 60.00%
Net gain $12,000
Annualised return 26.49%
Return multiple 1.6×
Turning 20,000 into 32,000 is an ROI of 60.00%, 26.49% a year over 2 years.

Simple ROI ignores timing. A 60% return over two years is not as good as 60% in one, which is why the annualised figure is the fairer comparison between options.

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Questions

About this calculator

Why does annualised return matter?

Because money has a time cost. Comparing raw ROI across investments of different lengths flatters the slow ones. Annualising puts them on the same footing.

What should I include in the cost?

Everything you had to spend to get the return, including your own time at a realistic rate. Excluding labour is why so many side projects look more profitable than they are.

The formula

ROI = (return − cost) ÷ cost × 100

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