An Excel formula is an expression that performs calculations on values in a worksheet, always beginning with an equal sign (=). Formulas can use values, cell references, operators, and functions to provide results automatically in the spreadsheet.

Basic Structure:
=FUNCTION(Argument1, Argument2, …)
- = : The trigger that tells Excel “what follows is a formula.”
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FUNCTION: A predefined word that performs a specific calculation (e.g., SUM, AVERAGE, VLOOKUP).
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Arguments: The values, cell references, or ranges that the function uses. They are enclosed in parentheses and separated by commas.
Operators: Symbols that specify the type of calculation (e.g., + (addition), – (subtraction), * (multiplication), / (division)).
Excel formula
How Excel Formulas Work
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All formulas start with
=, followed by the calculation or function. -
Formulas can add, subtract, multiply, divide, or use built-in functions for complex tasks.
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Example:
=A1+B1adds the values in cells A1 and B1.
Example Formulas
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Basic Math:
=1+1,=A1-A2,=A3*2,=C1/D1 -
Using Functions:
=SUM(A1:A5)(sum cells A1 to A5),=AVERAGE(B1:B10)(average values),=IF(C1>10, "Yes", "No")
Entering a Formula
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Select a cell.
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Type
=and your calculation (e.g.,=A1+B1). -
Press Enter to see the result.
Operators and Usage
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Addition:
+(e.g.,=A2+B2) -
Subtraction:
-(e.g.,=A2-B2) -
Multiplication:
*(e.g.,=A2*B2) -
Division:
/(e.g.,=A2/B2) -
Percentage:
%(e.g.,=A2*10%) -
Exponent:
^(e.g.,=A2^3)
Excel formulas are the foundation for effective data analysis and automation within spreadsheets.
Here is a list of the most common and essential Excel formulas used for calculations, data analysis, and manipulation, along with their basic purposes and example syntax:
Excel formula
Mathematical & Statistical Functions
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SUM: Adds up numbers.
=SUM(A1:A5) -
AVERAGE: Calculates the mean.
=AVERAGE(B1:B10) -
COUNT: Counts numbers.
=COUNT(C1:C8) -
COUNTA: Counts non-empty cells.
=COUNTA(D1:D10) -
MAX: Highest value.
=MAX(E1:E6) -
MIN: Lowest value.
=MIN(F1:F4) -
ROUND: Rounds a number.
=ROUND(G1,2)
Logical Functions
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IF: Conditional test.
=IF(H1>10, "Pass", "Fail") -
AND: Checks if all are TRUE.
=AND(I1>0, I2<5) -
OR: Checks if any is TRUE.
=OR(J1="Yes", J2="No") -
IFERROR: Custom result if error.
=IFERROR(K1/L1, "Error")
Lookup & Reference
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VLOOKUP: Vertical lookup.
=VLOOKUP(M1, A1:B10, 2, FALSE) -
HLOOKUP: Horizontal lookup.
=HLOOKUP(M1, A1:J2, 2, FALSE) -
INDEX: Returns value at a specific position.
=INDEX(N1:O10, 2, 1) -
MATCH: Returns position of a value.
=MATCH(P1, Q1:Q10, 0) -
OFFSET: Reference offset from a cell.
=OFFSET(A1, 2, 1)
Summing & Counting with Criteria
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SUMIF: Condition-based sum.
=SUMIF(R1:R10, ">50") -
COUNTIF: Count with condition.
=COUNTIF(S1:S10, "Apple") -
SUMIFS: Multiple conditions sum.
=SUMIFS(T1:T10, U1:U10, "Red", V1:V10, ">0") -
COUNTIFS: Multiple conditions count.
=COUNTIFS(W1:W10, "A", X1:X10, ">10")
Text Functions
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CONCATENATE / CONCAT: Combines text.
=CONCATENATE("Hello ", "World") -
TEXTJOIN: Joins with delimiter.
=TEXTJOIN(", ", TRUE, Y1:Y5) -
LEFT: Leftmost characters.
=LEFT(Z1, 3) -
RIGHT: Rightmost characters.
=RIGHT(AA1, 2) -
MID: Substring from middle.
=MID(AB1, 2, 3) -
UPPER / LOWER / PROPER: Changes case.
=UPPER(AC1) -
LEN: Text length.
=LEN(AD1) -
TRIM: Removes extra spaces.
=TRIM(AE1)
Date & Time Functions
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TODAY: Current date.
=TODAY() -
NOW: Current date/time.
=NOW() -
DATE: Creates date.
=DATE(2025,8,25) -
DAY / MONTH / YEAR: Extract parts.
=DAY(AF1) -
EOMONTH: End of month.
=EOMONTH(AG1, 1) -
DATEDIF: Date difference.
=DATEDIF(AH1, AI1, "d")
Financial Functions
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PMT: Loan payment.
=PMT(rate, nper, pv) -
XNPV / XIRR: Finance calculations.
=XNPV(rate, values, dates)
Data Tools
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UNIQUE: Unique values from a range.
=UNIQUE(AJ1:AJ10) -
SORT: Sorts a range.
=SORT(AK1:AL10) -
FILTER: Filter data by criteria.
=FILTER(AM1:AN10, AO1:AO10>50)
Array & Other Useful Formulas
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SUMPRODUCT: Sum of products.
=SUMPRODUCT(AP1:AP5, AQ1:AQ5) -
CELL: Info about a cell.
=CELL("address", AR1) -
INDIRECT: Reference from text.
=INDIRECT("A"&AS1)
For exhaustive official references, Excel’s alphabetic and category lists cover all built-in formulas.microsoft+1
Excel formula
Advanced Formula Concepts
- Cell References: Absolute vs. Relative
- Relative (A1): Changes when copied to another cell. (Default)
- Absolute ($A$1): Locks the reference to a specific cell. Doesn’t change when copied. (Press F4 to toggle).
- Mixed (A$1 or $A1): Locks either the row or the column.
Example: If you copy the formula =$B$1 * A2 from C2 to C3, it becomes =$B$1 * A3. The reference to B1 is locked.
- Nested Functions: Using a function as an argument inside another function.
- Example: =IF(SUM(A1:A10)>100, “Goal Met”, “Keep Going”)
This first sums the range A1:A10, then the IF function checks if that sum is greater than 100.
- Example: =IF(SUM(A1:A10)>100, “Goal Met”, “Keep Going”)
- Array Formulas (Dynamic Arrays in Office 365): Formulas that perform multiple calculations on one or more items in an array. Modern Excel (with the UNIQUE, SORT, FILTER, SEQUENCE functions) makes this incredibly powerful and easy.
Example: =SORT(UNIQUE(FILTER(A2:A100, B2:B100=”West”)))
Additional Resources
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For a much larger, searchable formula list (including advanced and new Excel functions), Microsoft’s official support and specialized Excel sites offer extensive catalogs.
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