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LARGE Function

Returns the numeric value sorted by value in descending order

What is the Excel LARGE Function?

The Excel LARGE Function is categorized under Statistical functions. The function will return the k largest value sorted by value in descending order.

As a financial analyst, the LARGE function can be used to sort the information provided and find the maximum value, such as share prices or rates of return in a portfolio.

 

Formula

=LARGE(array,k)

 

The formula uses the following arguments:

  1. Array (required argument) – It is the array or range of data for which we wish to determine the largest value.
  2. K (required argument) – It is an integer that specifies the position from the largest value in the array or range of cells of data to return.

 

How to use the LARGE Function in Excel?

To understand the uses of the LARGE function, let’s consider a few examples:

 

Example 1

Suppose we are given the following data:

 

Excel LARGE Function example

 

Here, we wish to find out the names of employees with the top 3 scores. The formulas to use are below. For the highest score:

 

LARGE Function - Example 1

 

For the second-highest score:

 

LARGE Function - Example 1a

 

For the third place:

 

LARGE Function - Example 1b

 

We get the results below:

 

LARGE Function - Example 1d

 

Example 2

Suppose we are given the following data:

 

LARGE Function - Example 2

 

Using the LARGE function, we can sum the top values in a range. The formula used for the three highest values is:

 

LARGE Function - Example 2a

 

We get the result below:

 

LARGE Function - Example 2b

 

Here, we used the formula that was based on the LARGE function that was wrapped inside the SUMPRODUCT function.

LARGE will return an array as we provided an array constant. SUMPRODUCT then added up the results received to give the desired results.

Similarly, we find the sum of the top four values of the array, as shown below:

 

LARGE Function - Example 2c

 

Notes about the Excel LARGE Function 

  1. #VALUE! error – Occurs when the supplied k argument is non-numeric.
  2. #NUM error – Occurs when:
    • The array provided is empty.
    • When the value of the k argument is less than 1 or greater than the number of values in the given array.

 

Click here to download the sample Excel file

 

Additional resources

Thanks for reading CFI’s guide to important Excel functions! By taking the time to learn and master these functions, you’ll significantly speed up your financial analysis. To learn more, check out these additional resources:

  • Excel Functions for Finance
  • Advanced Excel Formulas Course
  • Advanced Excel Formulas You Must Know
  • Excel Shortcuts for PC and Mac

Free Excel Tutorial

To master the art of Excel, check out CFI’s FREE Excel Crash Course, which teaches you how to become an Excel power user.  Learn the most important formulas, functions, and shortcuts to become confident in your financial analysis.

 

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