# XIRR

### Definition of 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.

### To use the XIRR Formula, simply begin with your edited Excellentable:

### Begin typing the XIRR Formula in the cell you want the result to be displayed:

- values - An array or range containing the income or payments associated with the investment.
- values must contain at least one negative and one positive cash flow to calculate rate of return.

`dates`

- An array or range with dates corresponding to the cash flows in values.`guess`

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

### The Result will be displayed in the chosen cell: