XIRR

Calculates the internal rate of return of an investment based on a specified series of potentially irregularly spaced cash flows.

Sample Usage

XIRR(B2:B25,C2:C25)

XIRR({-4000,200,250,300},{DATE(2012,01,01),DATE(2012,06,23),DATE(2013,05,12),DATE(2014,02,09)},0.09)

Syntax

XIRR(cashflow_amounts, cashflow_dates, [rate_guess])

  • cashflow_amounts - An array or range containing the income or payments associated with the investment.

    • cashflow_amounts must contain at least one negative and one positive cash flow to calculate rate of return.
  • cashflow_dates - An array or range with dates corresponding to the cash flows in cashflow_amounts.

  • rate_guess - [ OPTIONAL - 0.1 by default ] - An estimate for what the internal rate of return will be.

Notes

  • If the days specified in cashflow_dates are at a regular interval, use IRR instead.

  • Each cell in cashflow_amounts should be positive if it represents income from the perspective of the owner of the investment (e.g. coupons) or negative if it represents payments (e.g. loan repayment).

  • XNPV will return zero if discount is set to the result of XIRR using the same cash flow amounts and schedule.

See Also

XNPV: Calculates the net present value of an investment based on a specified series of potentially irregularly spaced cash flows and a discount rate.

PV: Calculates the present value of an annuity investment based on constant-amount periodic payments and a constant interest rate.

NPV: Calculates the net present value of an investment based on a series of periodic cash flows and a discount rate.

MIRR: Calculates the modified internal rate of return on an investment based on a series of periodic cash flows and the difference between the interest rate paid on financing versus the return received on reinvested income.

IRR: Calculates the internal rate of return on an investment based on a series of periodic cash flows.

Examples

Was this helpful?
How can we improve it?
Search
Clear search
Close search
Google apps
Main menu
Search Help Center
false
false
true
35
false
false