RANK

The RANK function determines the rank of a specified value in a list of values. It is useful for ranking items based on numerical or logical order.

Syntax 🔗

=RANK(Number, Ref, [Order])

Number The value for which you want to determine the rank.
Ref The list of values among which the rank of the specified number is to be determined.
Order (Optional) A boolean value (0 or 1) that specifies the ranking order. 0 indicates descending order (highest value gets the highest rank), and 1 indicates ascending order (lowest value gets the highest rank). If omitted, the default is 0 (descending order).

About RANK 🔗

The RANK function in Excel helps you assign ranks to values based on their position within a list. It organizes data by creating a hierarchy according to numerical or logical order, making it easier to compare datasets. Use RANK to understand the relative standing of values and enhance your data analysis.

Examples 🔗

If you have a list of test scores in cells A1:A5 (80, 90, 75, 85, 95) and you need to find the rank of a new score of 88 among these values, use the RANK function as follows: =RANK(88, A1:A5, 1)

If you have sales figures in cells B1:B6 (1000, 1200, 800, 1500, 1100, 1300) and you want to determine the rank of a new sales value of $1400 within this dataset, use this RANK formula: =RANK(1400, B1:B6)

Notes 🔗

Make sure the list of values in Ref is error-free to maintain the accuracy of the rank assigned by the function. Consider how the optional Order argument affects the ranking order, and adjust it to meet your analysis needs.

Questions 🔗

How does the RANK function work?

The RANK function evaluates the Number within the specified range in Ref and assigns a rank based on its position relative to other values in the list. The optional Order argument determines whether the ranking is in descending or ascending order.

Can the RANK function handle ties or identical values?

In case of ties or identical values in the list, Excel's RANK function assigns them the same rank and then skips the subsequent rank. For example, if two values share the highest position, they both would be assigned the highest possible rank, and the next distinct value would receive the next lower rank without any gap.

Is it possible to change the ranking order with the RANK function?

Yes, you have the flexibility to adjust the ranking order by providing either 0 (descending) or 1 (ascending) as the optional parameter Order. This allows you to customize the direction of ranking based on your specific analysis needs.

AVERAGEIF
COUNTIF
LARGE
MEDIAN
PERCENTILE
QUARTILE
RANK.AVG
RANK.EQ
SMALL

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