Percentage Change Excel

There are two ways to “percentage change excel”: the quick way you copy and the durable way you understand. This page gives you both. The exact Excel answer is above with a tool to test it; below, we build the small mental model that makes the fix stick, so the next variation of the same problem solves itself.

Exact answer

In Excel: use =(New-Old)/Old and format the result as a percentage.

On this page7
ƒxPercentage ChangeLive
Percentage change
+40.00%

Increase of 48 units

=(new-old)/old
=(New-Old)/Old
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What this does

Percentage change tells you how much a value rose or fell relative to where it started, which is what makes a €20 move on €100 (20%) and a €20 move on €400 (5%) comparable. Subtracting old from new gives the absolute change; dividing by the old value rebases it to a rate. A positive result is an increase, a negative one a decrease. Keep the inputs visible and clearly labelled and the whole thing stays auditable — anyone who opens the file later, including you, can see at a glance exactly what feeds the result and change one assumption without hunting through the formula. Treat “percentage change excel” as a small repeatable workflow rather than a one-off click you hope to remember next time. Use a small test block before the live file, so any surprise in the affected cells shows up while it is still harmless. When a formula is involved, keep the inputs labelled beside it, reference cells instead of typing values, and apply number formatting only after the result checks out. That turns a calculation you can defend to a CFO or an auditor into a method you can reuse, explain, and defend when the workbook leaves your screen.

A worked example

A price goes from 120 to 168: =(168-120)/120 = 0.4, formatted as 40% — a 40% increase. If it instead fell to 90, =(90-120)/120 = −25%. Percentage change is the language of every trend: month-on-month revenue, year-on-year growth, price moves, conversion shifts. It turns two raw numbers into a comparable story anyone can read at a glance. One habit worth forming early: name the cells that hold your inputs, so the formula reads in plain language instead of a string of cell addresses. A reviewer — or you in three months — can then follow the logic without decoding what B7 and D2 were supposed to mean, which is most of what makes a sheet maintainable.

In Google Sheets

Google Sheets support for this task has not been verified. Check the function, arguments and workflow in the target product before transferring the example. Matching formula notation does not establish identical behaviour. Keep this page bookmarked for the next time the same question comes up. Better still, rebuild the example once in your own sheet — doing it yourself, with the tool above to check against, is what turns a copied formula into a technique you own. The short version of “percentage change excel”: the answer is at the top of this page, the tool proves it on your own numbers, and the sections above explain why it holds so the next variation does not stump you. Excel rewards people who reference cells instead of typing values and who keep inputs separate from formulas, because that is what makes a result you can audit months later. Build it once, deliberately, with the live tool as a check, and you convert a one-off lookup into a reusable skill — which is the whole point of learning the why and not just the what.

Common mistakes

  • Dividing by the new value instead of the old — the base must be the starting point.
  • Leaving the result as a decimal (0.4) instead of formatting it as 40%.
  • Averaging percentage changes across periods instead of compounding them.
  • Dividing by zero when the original value is 0, which has no defined percentage change.

Frequently asked questions

Increase vs difference — same thing?

Percentage increase/decrease keeps the sign and uses the old value as base. Percentage difference between two independent figures usually divides by their average instead.

How do I show it with a + or − sign?

Apply a custom number format like +0.0%;−0.0% so increases and decreases are visually signed without extra formulas.

Why is my percentage huge?

Almost always a missing percent format (a value of 0.4 shown as 40 instead of 40%) or dividing by a very small base value.

Other ways people ask this

This is also commonly searched as “excel formula percentage change”, “percentage of change formula excel”, “excel percentage change formula” and “excel formula for percentage change”. They describe the identical operation, so you are in the right place no matter how you phrased it.

Why do people search for this in so many different ways?

Because the same task has many names. “excel formula percentage change”, “percentage of change formula excel”, “excel percentage change formula” all point at the one operation explained on this page, which is why they all lead here.