Finance

Payback Period Calculator

How long until an investment pays for itself.

Result
3.33 yr
Simple payback period
In months
40.0
Recovers
$6,000.00 / yr
Download results

Quick summary

Compute the simple payback period for an investment given a constant annual cash flow.

How to calculate payback period manually

  1. Enter your input values into the Payback Period calculator above.
  2. Review the formula and assumptions in the Expert Guide section.
  3. Adjust the inputs to model different scenarios in real time.
  4. Save or export the results once they match your scenario.

Compute the simple payback period for an investment given a constant annual cash flow.

How it works

Payback = Initial investment / Annual cash flow.

Example

$20,000 investment, $6,000/yr → 3.33 years.

Insight

Payback period benchmarks by industry

Typical capital investment recovery windows used by CFOs.

SectorAcceptable paybackHurdle IRR
Software / SaaS12–18 months30 %+
Manufacturing3–5 years15 %
Energy infrastructure7–10 years8–12 %
Real estate10–15 years8 %
Consumer hardware2–3 years20 %

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