IRR Calculator

Internal Rate of Return — the discount rate that makes NPV = 0.

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See how it works

Watch a quick simulation of this tool in action — no file needed.

How to use IRR Calculator

Follow these steps — everything happens instantly in your browser.

  1. 1

    Step 1. Enter the initial investment.

  2. 2

    Step 2. Enter cash flows per year, comma-separated.

  3. 3

    Step 3. See the IRR — the rate that makes NPV = 0.

  4. 4

    Step 4. Compare to your required return: higher IRR = better.

Why use this tool

Frequently asked questions

Everything you might want to know about irr calculator.