Formulas and Functions in Excel

Category Function/Formula Description Example

Basic SUM Adds a range of cells. =SUM(A1:A10)
Arithmetic
AVERAGE
Calculates the average of a =AVERAGE(B1:B10)
range of cells.
MIN
Finds the minimum value in a =MIN(C1:C10)
range of cells.
MAX
Finds the maximum value in a =MAX(D1:D10)
range of cells.
Returns one value if a
=IF(E1>100, "Yes",
Conditional IF condition is true and another "No")
value if it is false.
COUNTIF
Counts the number of cells =COUNTIF(F1:F10,
that meet a condition. ">50")

SUMIF
Adds the cells specified by a =SUMIF(G1:G10,
given condition or criteria. ">=200")
Calculates the average of cells
=AVERAGEIF(H1:H10,
AVERAGEIF that meet a specified "<50")
condition.
Joins several text strings into =CONCATENATE(I1, "
Text CONCATENATE/& ", J1)
one string.
Returns the first character(s) in
LEFT
a text string based on the =LEFT(K1, 5)
number of characters
specified.
Returns the last character(s) in
RIGHT
a text string based on the =RIGHT(L1, 3)
number of characters
specified.
Returns a specific number of
MID
characters from a text string, =MID(M1, 2, 4)
starting at the position you
specify.
LEN
Returns the number of =LEN(N1)
characters in a text string.
Removes all spaces from a text
TRIM string except for single spaces =TRIM(O1)
between words.
Date and TODAY Returns the current date. =TODAY()
Time
NOW
Returns the current date and =NOW()
time.
DATEDIF
Calculates the difference =DATEDIF(P1, Q1,
between two dates. "D")
EDATE Returns the serial number of =EDATE(R1, 6)
 Category Function/Formula Description Example
the date that is the indicated
number of months before or
after the start date.
Returns the serial number for
EOMONTH
the last day of the month that =EOMONTH(S1, 3)
is the indicated number of
months before or after date.
Searches for a value in the first
Lookup and VLOOKUP
column of a table array and =VLOOKUP(T1, U1:V10,
Reference returns a value in the same 2, FALSE)
row from another column.
Searches for a value in the top
HLOOKUP
row of a table array and =HLOOKUP(W1, X1:Y10,
returns a value in the same 3, FALSE)
column from another row.
Searches for a specified item
MATCH
in a range of cells and returns =MATCH(Z1, AA1:AA10,
the relative position of that 0)
item.
Returns a value or reference of
INDEX
the cell at the intersection of a =INDEX(AB1:AC10, 2,
particular row and column, in 3)
a given range.
Returns TRUE if all
Logical AND =AND(AD1>10, AE1<20)
arguments are TRUE.
OR
Returns TRUE if any =OR(AF1>100, AG1<50)
argument is TRUE.
NOT
Reverses the logic of its =NOT(AH1=10)
argument.
Calculates the payment for a
loan based on constant =PMT(0.05/12, 60, -
Financial PMT
10000)
payments and a constant
interest rate.
Returns the future value of an
FV
investment based on periodic, =FV(0.05/12, 60, -
constant payments and a 100)
constant interest rate.