Free IRR Calculator — Internal Rate of Return Online
Calculate the internal rate of return for a project or investment from an initial outlay and recurring cash flows. Used for capital-budgeting decisions.
$100,000
$30,000
5
Internal Rate of Return
15.24%
If IRR exceeds your hurdle rate, accept the project.
Get the full Excel workbookNet cash gain
$50.0K
Frequently asked questions
What is IRR vs NPV?
NPV gives a dollar value of the project; IRR gives a percentage. Both are used together — most teams check that IRR > hurdle rate AND NPV > 0.
What is a good IRR?
Generally an IRR above your cost of capital is good. Many CFOs require 15–25% IRR for growth investments.