10-Year Growth (CAGR)

What is 10Y CAGR?

The compound annual growth rate over 10 years, showing long-term sustainable growth trends.

Think of it like this

Like looking at your career earnings growth over a decade - shows true long-term trajectory beyond short-term noise.

Formula

CAGR = (Ending Value รท Beginning Value)^(1/10) - 1
  • Ending Value: Most recent year's figure
  • Beginning Value: Figure from 10 years ago
  • CAGR: Compound Annual Growth Rate

Why it matters

  • Captures full business cycle
  • Shows truly sustainable growth
  • Less prone to timing effects
  • Differentiates great businesses

What's a good value?

> 12%
Exceptional
World-class compounder
8-12%
Strong
Excellent long-term performer
4-8%
Good
Solid, steady growth
< 4%
Low
Mature or declining business

Real-world example

Visa has maintained 10%+ revenue CAGR over 10 years, showing durable competitive advantages.

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