The Essential Microsoft Excel Formulas and Functions Cheat Sheet

excel-formulas

If you’re not using Microsoft Excel formulas and functions, you’re doing it all wrong. If you learn some, they can dramatically increase the app’s functionality and speed up your workflow.

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But who’s got time to study this stuff? Why not take a shortcut and use our Excel formulas cheat sheet instead?

In Excel, a formula is an equation put together by the user. A function is a pre-defined calculation built into Excel that makes it easier to write formulas.

For instance, in the cheat sheet below:

Today() is a function that gives you the current date.

Today()+10 is a formula that adds 10 days to the current date.

The terms formula and function are often used interchangeably, so we will stick to using “formulas” to avoid confusion in this basic cheat sheet. Just remember, you make your own formulas, while functions are pieces of code programmed into Excel by default.

The Microsoft Excel Formulas Cheat Sheet

Date and Time Formulas
=NOW Show the date and time
=TODAY() Show the current date without the time
=DAY(TODAY()) Show today's date in a cell
=MONTH(TODAY()) Show current month in a cell
=TODAY()+10 Add 10 days to current date
Counting and Rounding Formulas
=SUM Calculates the sum of a group of values
=AVERAGE Calculates the mean of a group of values
=COUNT Counts the number of cells in a range that contains numbers
=INT Removes the decimal portion of a number
=ROUND Rounds a number to a specified number of decimal places
=IF Tests for a true or false condition
=NOW Returns the date and time
=TODAY Returns the date, without the time
=SUMIF Calculates a sum from a group of values in which a condition has been met
=COUNTIF Counts the number of cells in a range that match a criteria
=COUNTA(A1:A5) Count the number of non-blank cells in a range
=ROUND(1.45, 1) Rounds 1.45 to one decimal place
=ROUND(-1.457, 2) Rounds -1.457 to two decimal places
=TRUE Returns the logical value TRUE
=FALSE Returns the logical value FALSE
=AND Returns TRUE if all of its arguments are TRUE
=OR Returns TRUE if any argument is TRUE
Unit Conversion Formulas
=CONVERT(A1,"day","hr") Converts value of A1 from days to hours
=CONVERT(A1,"hr","mn") Converts value of A1 from hours to minutes
=CONVERT(A1,"yr", "day") Converts value of A1 from years to days
=CONVERT(A1,"C","F") Converts value of A1 from Celsius to Fahrenheit
=CONVERT(A1,"tsp","tbs") Converts value of A1 from teaspoons to tablespoons
!ERROR! A1 does not contain a number or expression Converts value of A1 from gallons to liters
=CONVERT(A1,"mi","km") Converts value of A1 from miles to kilometers
=CONVERT(A1,"km","mi") Converts value of A1 from kilometers to miles
=CONVERT(A1,"in","ft") Converts value of A1 from inches to feet
=CONVERT(A1,"cm","in") Converts value of A1 from centimeters to inches
=BIN2DEC(1100100) Converts binary 1100100 to decimal (100)
=ROMAN Converts a number into a Roman numeral
Mathematics
=B2-C9 Subtracts values in the two cells
=D8*A3 Multiplies the numbers in the two cells
=PRODUCT(A1:A19) Multiplies the cells in the range
=PRODUCT(F6:A1,2) Multiplies the cells in the range, and mulitplies the result by 2
=A1/A3 Divides value in A1 by the value in A3
=MOD Returns the remainder from division
=MIN(A1:A8) Calculates the smallest number in a range
=MAX(C27:C34) Calculates the largest number in a range
=SMALL(B1:B7, 2) Calculates the second smallest number in a range
=LARGE(G13:D7,3) Calculates the third largest number in a range
=POWER(9,2) Calculates nine squared
=9^3 Calculates nine cubed
=FACT(A1) Factorial of value in A1
=EVEN Rounds a number up to the nearest even integer
=ODD Rounds a number up to the nearest odd integer
=AVERAGE Calculates the average
=MEDIAN Calculates the median
=SQRT Calculates the square root of a number
=PI Shows the value of pi
=POWER Calculates the result of a number raised to a power
=RAND Returns a random number between 0 and 1
=RANDBETWEEN Returns a random number between the numbers you specify
=COS Calculates the cosine of a number
=SIN Returns the sine of the given angle Calculates the sine of the given angle
=TAN Calculates the tangent of a number
=CORREL Calculates the correlation coefficient between two data sets
=STDEVA Estimates standard deviation based on a sample
=PROB Returns the probability that values in a range are between two limits
Text Formulas
=LEFT Extracts one or more characters from the left side of a text string
=RIGHT Extracts one or more characters from the right side of a text string
=MID Extracts characters from the middle of a text string
=CONCATENATE Merges two or more text strings
=REPLACE Replaces part of a text string
=LOWER Converts a text string to all lowercase
=UPPER Converts a text string to all uppercase
=PROPER Converts a text string to proper case
=LEN Returns a text string’s length in characters
=REPT Repeats text a given number of times
=TEXT Formats a number and converts it to text
=VALUE Converts a text cell to a number
=EXACT Checks to see if two text values are identical
=DOLLAR Converts a number to text, using the USD currency format
=CLEAN Removes all non-printable characters from text
Finance
=INTRATE Calculates the interest rate for a fully invested security
=EFFECT Calculates the effective annual interest rate
=FV Calculates the future value of an investment
=FVSCHEDULE Calculates the future value of an initial principal after applying a series of compound interest rates
=PMT Calculates the total payment (debt and interest) on a debt security
=IPMT Calculates the interest payment for an investment for a given period
=ACCRINT Calculates the accrued interest for a security that pays periodic interest
=ACCRINTM Calculates the accrued interest for a security that pays interest at maturity
=AMORLINC Calculates the depreciation for each accounting period
=NPV Calculates the net present value of cash flows based on a discount rate
=YIELD Calculates the yield of a security based on maturity, face value, and interest rate
=PRICE Calculates the price per $100 face value of a periodic coupon bond

Speed Up Your Work in Microsoft Excel

You can download and print the above cheat sheet. If you keep referring to it, you’ll be an Excel wizard before you know it.

These Excel functions give you a strong foundation to dig deeper into its immense power. And remember to check out our other articles if you’d like to learn even more Microsoft Excel tips and tricks or work with text and functions in Excel.

Read the full article: The Essential Microsoft Excel Formulas and Functions Cheat Sheet



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