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Payback Period Calculator

Calculate simple and discounted payback period for capital investments

Total upfront capital investment cost to be recovered from future cash flows.
$
Even = same cash flow each year. Uneven = different amounts each year.
$
Required rate of return or cost of capital. Enter 0 to skip discounted calculation.
%

Results

Simple Payback Period-years
Discounted Payback Period-years
Total Cash Flow (Undiscounted)-
Total Discounted Cash Flow-
Net Return (Undiscounted)-
References: Brealey, Myers and Allen - Principles of Corporate Finance; CFA Institute - Capital Budgeting; Graham and Harvey (2001) - Survey of corporate capital budgeting.