Here are some powerful Excel formulas that can significantly help with data analysis:
1. VLOOKUP / XLOOKUP – Lookup Values
● VLOOKUP(value, table, col_index, [range_lookup])
● XLOOKUP(lookup_value, lookup_array, return_array, [if_not_found])
Use for searching specific values in a table.
2. INDEX + MATCH – Advanced Lookup
● INDEX(range, MATCH(value, range, 0))
More flexible than VLOOKUP, especially with large datasets or when columns shift.
3. SUMIFS / COUNTIFS – Conditional Summing and Counting
● SUMIFS(sum_range, criteria_range1, criteria1, ...)
● COUNTIFS(range1, criteria1, ...)
Great for aggregating data based on multiple criteria.
4. IF / IFS – Logical Conditions
● IF(condition, value_if_true, value_if_false)
● IFS(condition1, result1, condition2, result2, ...)
Used for decision-making logic within cells.
5. TEXT / TEXTJOIN / CONCAT – Text Manipulation
● TEXT(value, format_text) – Format numbers or dates
1. VLOOKUP / XLOOKUP – Lookup Values
● VLOOKUP(value, table, col_index, [range_lookup])
● XLOOKUP(lookup_value, lookup_array, return_array, [if_not_found])
Use for searching specific values in a table.
2. INDEX + MATCH – Advanced Lookup
● INDEX(range, MATCH(value, range, 0))
More flexible than VLOOKUP, especially with large datasets or when columns shift.
3. SUMIFS / COUNTIFS – Conditional Summing and Counting
● SUMIFS(sum_range, criteria_range1, criteria1, ...)
● COUNTIFS(range1, criteria1, ...)
Great for aggregating data based on multiple criteria.
4. IF / IFS – Logical Conditions
● IF(condition, value_if_true, value_if_false)
● IFS(condition1, result1, condition2, result2, ...)
Used for decision-making logic within cells.
5. TEXT / TEXTJOIN / CONCAT – Text Manipulation
● TEXT(value, format_text) – Format numbers or dates