Ever stared at an Excel formula and seen a strange symbol like a $ dollar sign, an & ampersand, or a ^ caret and wondered what it does? You’re not alone. This guide is your definitive cheat sheet.

Excel Formula Symbols Cheat Sheet Infographic

Quick Reference Table: All Excel Symbols

This table provides a quick overview of the most common symbols used in Excel formulas. Find the symbol you’re looking for to get a brief description and an example.

Symbol Name Quick Description & Example
= Equal to Starts every formula. =A1+B1
() Parentheses (Functions) Encloses the arguments of a function. =SUM(A1:A5)
() Parentheses (Order) Groups expressions to control the order of operations. =(5+2)*3
* Asterisk (Wildcard) Acts as a wildcard to represent any number of characters. =COUNTIF(A1:A5,"*apple*")
, Comma (Separator) Separates arguments in a function. =IF(A1>10, "High", "Low")
& Ampersand Joins two text strings together (concatenate). ="Pro" & "ject"
$ Dollar Sign Creates an absolute reference (locks a row/column). =$A$1
! Exclamation (Sheet Ref) Separates a sheet name from a cell reference. =Sheet2!A1
[] Square Brackets Refers to a column in an Excel Table. =SUM(MyTable[Sales])
{} Curly Braces Creates an array constant or denotes an array formula. ={1,2,3}
: Colon Creates a reference to a continuous range of cells. =SUM(A1:A10)
, Comma (Union) Combines multiple ranges into one reference. =SUM(A1:A5,C1:C5)
(space) Space (Intersection) Finds the common cells between two ranges. =SUM(Range1 Range2)
! Exclamation (Named Range) Used in named ranges to define sheet-level scope.
+ Plus Arithmetic operator for addition. =5+2
Minus Arithmetic operator for subtraction. =5-2
* Asterisk (Math) Arithmetic operator for multiplication. =5*2
/ Forward Slash Arithmetic operator for division. =10/2
^ Caret Raises a number to a power (exponent). =5^2
# Hash / Pound Prefixes all error names (e.g., #N/A) and spill ranges (#SPILL!).
@ At Symbol Refers to the current row in a Table or indicates implicit intersection. =[@Sales]
% Percent Sign Divides by 100. 50% is treated as 0.5.
<> Not Equal To Compares if two values are not equal. =IF(A1<>B1, "Different", "Same")
< Less Than Compares if one value is less than another. =IF(A1<100, "Low", "High")
> Greater Than Compares if one value is greater than another. =IF(A1>100, "High", "Low")
<= Less Than or Equal To Compares if a value is less than or equal to another. =IF(A1<=100, "Pass", "Fail")
>= Greater Than or Equal To Compares if a value is greater than or equal to another. =IF(A1>=100, "Pass", "Fail")
; Semicolon Used as an argument separator in some European regional settings. =SUM(A1;A2)
~ Tilde Acts as an escape character for wildcards like * or ?.
\ Backslash Used in file paths when referencing external workbooks.
=+ Equals Plus Historical notation; functionally the same as =. =+A1+B1
Double Quotes Encloses a text string. =IF(A1="Complete", "Done", "Pending")
Apostrophe When used at the start of a cell, forces the content to be treated as text.

Detailed Breakdown of Excel Operators

For a deeper understanding, let’s explore how these symbols work in different contexts.

1. Arithmetic Operators

These are the symbols used for performing mathematical calculations.

  • + (Addition): Adds numbers together.
  • - (Subtraction): Subtracts the second number from the first.
  • * (Multiplication): Multiplies numbers.
  • / (Division): Divides the first number by the second.
  • ^ (Exponentiation): Raises a number to a power.
  • % (Percentage): Divides a number by 100.

2. Comparison (Logical) Operators

These operators are used to compare two values and always result in either TRUE or FALSE.

  • = (Equal to): Checks if two values are equal.
  • <> (Not equal to): Checks if two values are not equal.
  • > (Greater than): Checks if the first value is greater than the second.
  • < (Less than): Checks if the first value is less than the second.
  • >= (Greater than or equal to): Checks if the first value is greater than or equal to the second.
  • <= (Less than or equal to): Checks if the first value is less than or equal to the second.

3. Text Concatenation Operator

  • & (Ampersand): This joins two or more text strings into a single string.

4. Reference Operators

These symbols are used to work with cell references and ranges.

  • : (Colon): The range operator. It creates a reference to all cells between two points.
  • , (Comma): The union operator. It combines multiple references into a single reference.
  • (Space): The intersection operator. It returns the cells common to two ranges.
  • ! (Exclamation Mark): Separates a sheet name from a cell reference.

Understanding Display & Error Symbols

Sometimes, what you see in a cell isn’t an operator, but an indicator from Excel that something is wrong.

#### in Excel: Why It Appears and What It Means

If you see a cell filled with hash marks (#######), it is not a formula error. It is almost always a formatting issue.

Excel column showing #### because it is too narrow to display the number.

  • What it means: The column is too narrow to display the entire number or date in the cell. Excel displays #### to avoid showing an incomplete, and therefore incorrect, value.
  • How to fix it: Double-click the right border of the column header to automatically resize the column to fit the content.

The # Family in Excel: Formula Errors

When your formula has a logical problem, Excel returns an error code that always begins with a hash (#) symbol. Understanding these codes is the first step to fixing your formula.

  • #N/A: “Not Available.” The formula cannot find the value it was asked to look for.
  • #VALUE!: The formula has the wrong type of argument (e.g., trying to add text to a number).
  • #REF!: “Invalid Reference.” The formula refers to a cell that was deleted.
  • #DIV/0!: “Division by Zero.” The formula is attempting to divide by zero.
  • #NAME?: Excel doesn’t recognize the name of the function or named range.
  • #NULL!: The two ranges in your formula do not intersect.
  • #SPILL!: A dynamic array formula’s results are blocked by other data.

The @ Symbol: Implicit Intersection & Table References

The @ (At Symbol) has become more visible in modern Excel with the introduction of dynamic arrays. It has two primary functions.

Use @ Symbol for Implicit Intersection & Table References

1. Implicit Intersection

The @ symbol is used to explicitly tell Excel you want to force a formula that could return multiple values (an array) to return only a single value from the same row.

2. Structured References in Excel Tables

This is the most common place you will see the @ symbol. When you are working inside an Excel Table, the @ is a shortcut that means “this row.”

  • Example: =[@Quantity]*[@Price]
  • Result: This formula multiplies the quantity and price from the same row within the table.

Download the Excel Symbols Cheat Sheet

To keep a handy reference, download our free PDF cheat sheet that covers all the symbols discussed in this guide.

👉 Download the Excel Symbols Cheat Sheet Here (PDF)

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12 Comments

  1. Redjen May 31, 2022 at 12:37 pm - Reply

    what is the symbol of average in excel?

    • PNRao June 20, 2022 at 12:40 pm - Reply

      You can use AVERAGE()Function to calculate Average in Excel. If you wants to show the Average Statistical Symbol (x-bar), You can insert from symbols. F7C2 is the Unicode Hexa character for X-bar symbol. Make sure that you have set the Symbol Font :MS Reference Sans Serif.

  2. Tom Pearce September 22, 2022 at 3:54 pm - Reply

    I have a workbook, where the original author used an @ sign in front of a function call in a formula. I can find no reference as to what the @ does, or how it is used. Any one know??

    VBA Example: ActiveSheet.Range(“L2”).Formula = “=@CATEGORY($E2,LFC_AreaLU)”
    Note: Category is a User Defined Function in the workbook.

  3. Jane Girard February 9, 2023 at 8:53 pm - Reply

    I have this formula, do you know what the al means in the formula ?
    IF(E4=””,””,VLOOKUP(C4,al,5,0)*E4), can

    • PNRao February 27, 2023 at 3:10 am - Reply

      It could be a defined Name or a name of the Table (List Object)

  4. Chris Patterson July 6, 2023 at 1:44 pm - Reply

    The double quotes in the formula you provided are used to represent an empty string

  5. Desmond July 27, 2023 at 10:50 pm - Reply

    What does a white cross symbol mean?

    • PNRao August 2, 2023 at 1:41 pm - Reply

      When you hover on any Cell, Excel shows White Cross Symbol to indicate that you can select the specific Cell/Cells.

  6. TRIVEDI MEERA August 17, 2024 at 8:09 am - Reply

    £

  7. Jeff August 31, 2024 at 9:33 pm - Reply

    =AND($16>0,K$4 = $E6 – WEEKDAY($E6, 2)+1)
    I used this formula and it was invalid.
    When I use the $16 in any formula it gets rejected?
    any thoughts?

    • PNRao September 22, 2024 at 4:16 am - Reply

      You can not use $16, you should refer any range with Column Names and Row Numbers, like: $A16, $B$5 and $I6. Here $ symbol used for absolute reference of any range.

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