Excel Convert Formula to Value

How to convert formulas into values in excel?

Christopher Ballesteros

Reviewed by

Christopher Ballesteros

Expertise: Consulting | Private Equity

Updated:

March 26, 2023

Converting formulas into values is very helpful in improving performance through static data in case there are a lot of formulas or if the formulas themselves are complex. You can convert formulas into results on a cell-by-cell basis or by selecting an array.

When you convert a formula into the result from the calculation, Excel deletes the formula from that cell and only shows the numeric value from the formula.

For example, after you transfigure the referenced cell into a value, the reference doesn't show =SUM(); it only shows the number from which the sum was calculated.

The reasons why someone would want to convert formulas into values vary among different people. For example, some want to do it because they want to insert values into other workbooks/sheets; others want to prevent the result from modifying when references change, and so on.

In a competitive environment, it is best not to let your competitors know how you came to the result you calculated by transfiguring formulas into values. You can even prevent them from altering or editing values by changing the calculations into the results.

Throughout the article, we will show you how to convert formulas into values using various methods.

Note

If you choose to freeze a part of the calculation, you can replace the part you don't want to be recalculated.

Examples of how to convert formula to value

In this section, we will look at three different approaches to transforming a formula into a value. For example, suppose a company has amounts listed for 12 months. They calculated all those numbers together and had a sum of $550.

Sum Function in Excel

To remove the formula while keeping the number, we must press the Ctrl + C keys to copy the reference.

Copying SUM Function in Excel

Next, you'll have to go to the Paste section on the top-hand left corner, click the down arrow, paste values, and click on any of the three options in that category. In this example, we chose Values and Number Formatting in the middle.

Pasting SUM Function in Excel

Once we've clicked on one of the "past values" options, we should see the value without the formula attached to it. So, for example, cell C15 has the =SUM(C3:C14) inside, while cell C16 is just the number itself: 550.

Formula to Value

There is a shorter way to do this. However, it doesn't give us the currency value, only the number itself. So, first, click cell C15, and press Ctrl and C on your keyboard to copy the reference.

Example of Formula to Value

Then, click on an empty cell, right-click, go to "Paste options," and click on the clipboard with the numbers on them, which are our "Values."

Formula to Value Example

Once you've clicked "Paste Values," you get 550 without the calculation.

Excel Formula to Value Calculation

Now, let's look at another way to find the values. Suppose a company has its profits for each of the 12 months listed. We want to convert those profits into values.

Convert Profits into Values

So, what we need to do here is copy cells E3:E14.

Copying Cells in Excel

Then, we need to go to the "Paste" section at the top, hit the bottom arrow, and go all the way down to "Paste Special."

Pasting Values in Excel

Once we've pressed that button, it'll open the "Paste Special" window.

Paste Special in Excel

Next, we will change the paste selection from "All" to "Values."

Value Option in Paste Special Section Excel

Then we hit OK, which gives us the result without the attached calculations, which is just the number 550, without the currency symbols.

Converting Formula To Value

Key Takeaways

  • It's an incredibly easy task as you just have to select the references with the formulas in them and turn them into the results without the calculations by copying the cell/array and pasting them in an empty cell via "Paste Values."
  • You can also use the "Paste Special" feature to turn formulas into values. By selecting "Paste Special," all you have to do is change "all" to "values" in the Paste category, and it returns the non-formulated results.
  • When changing formulas into the result, you should keep a copy of the current workbook in case you choose to replace the values. You'll have the original worksheet to return to.
  • To maintain confidentiality in your work, it is best to hide the formulas when sending your work to others, as you don't want to let competitors know the formula you used to get your result.
  • You have to ensure that the cells are not connected to the cell you want to replace; otherwise, an error will occur in your calculation.
  • It is much easier to copy cells as values than formulas because it will help perform operations more easily.
Excel Modeling Course

Everything You Need To Master Excel Modeling

To Help You Thrive in the Most Prestigious Jobs on Wall Street.

Learn More

Researched and authored by Marcu Andrei Dumitrescu | LinkedIn

Reviewed and edited by Parul Gupta | LinkedIn

Free Resources

To continue learning and advancing your career, check out these additional helpful WSO resources: