CAGR definition
Examples of CAGR in a sentence
If Enterprise Operating Income CAGR is greater than Threshold Enterprise Operating Income CAGR (as determined after the end of the Performance Period), you will be entitled to a prorated Operating Income Performance Share Number.
For example, if fiscal year 2026 Enterprise Operating Income was $1.5 billion and fiscal year 2029 Enterprise Operating Income was $1.8 billion, Enterprise Operating Income CAGR would be 6.266%.
If Relative TSR is less than Threshold TSR or Enterprise Operating Income CAGR is less than Threshold Enterprise Operating Income CAGR, the respective portion of your Performance Share Number will be 0 and there will be no Shares issued under that portion of your Performance Share Award.
If Enterprise Operating Income CAGR is between Threshold Enterprise Operating Income CAGR and Target Enterprise Operating Income CAGR or between Target Enterprise Operating Income CAGR and Maximum Enterprise Operating Income CAGR, your Operating Income Performance Share Number will be equal to a percentage interpolated on a linear basis for performance between such amounts.
For example, if Enterprise Operating Income CAGR is 7.0%, then your Operating Income Performance Share Number would be 125% of your Operating Income Target.