Important Excel Formulas
Formula | Description |
---|---|
SUM(range) | Calculates the sum of values in a specified range. |
AVERAGE(range) | Calculates the average of values in a specified range. |
COUNT(range) | Counts the number of cells with numeric values in a specified range. |
MAX(range) | Returns the maximum value in a specified range. |
MIN(range) | Returns the minimum value in a specified range. |
CONCATENATE(text1, text2, …) | Joins multiple text strings together. |
IF(logical_test, value_if_true, value_if_false) | Performs a logical test and returns different values based on the result. |
VLOOKUP(lookup_value, table_range, column_index, range_lookup) | Searches for a value in the leftmost column of a table and returns a corresponding value from a specified column. |
INDEX(array, row_num, column_num) | Returns a value from a specified position in an array or range based on row and column numbers. |
MATCH(lookup_value, lookup_array, match_type) | Searches for a value in a specified range and returns its relative position. |
COUNTIF(range, criteria) | Counts the number of cells within a range that meet a specific criterion. |
SUMIF(range, criteria, sum_range) | Sums the values in a range that meet a specific criterion. |
AVERAGEIF(range, criteria, average_range) | Calculates the average of values in a range that meet a specific criterion. |
IFERROR(value, value_if_error) | Returns a specified value if a formula results in an error, otherwise returns the calculated result. |
ROUND(number, num_digits) | Rounds a number to a specified number of decimal places. |
TODAY() | Returns the current date. |
NOW() | Returns the current date and time. |
RAND() | Generates a random number between 0 and 1. |
TRIM(text) | Removes extra spaces from text, except for single spaces between words. |
Here’s some additional detail on a few Excel Formulas:
- SUM(range): Adds up all the numbers in a specified range of cells.
- VLOOKUP(lookup_value, table_range, column_index, range_lookup): Searches for a value in the leftmost column of a table and returns a corresponding value from a specified column. It’s commonly used for table lookups and data retrieval.
- INDEX(array, row_num, column_num): Returns a value from a specified position in an array or range based on row and column numbers. It allows you to access specific cells within a range or array.
- IF(logical_test, value_if_true, value_if_false): Performs a logical test and returns different values based on the result. It’s useful for making decisions based on certain conditions.
- COUNTIF(range, criteria): Counts the number of cells within a range that meet a specific criterion. It’s often used to count cells based on certain conditions.
- ROUND(number, num_digits): Rounds a number to a specified number of decimal places. It’s helpful for controlling the precision of numerical values.
- TODAY(): Returns the current date.
- NOW(): Returns the current date and time.
- RAND(): Generates a random number between 0 and 1.
- TRIM(text): Removes extra spaces from text, except for single spaces between words. It