LOGNORM.DIST Function

Excel Functions › Statistical

Excel 2010+ Statistical

The Excel LOGNORM.DIST function returns the lognormal distribution — the distribution of a variable whose natural logarithm is normally distributed, commonly used for stock prices, incomes, and other positive, right-skewed quantities.


Quick answer:
=LOGNORM.DIST(4,3.5,1.2,TRUE) cumulative probability ≈ 0.0390

Syntax

=LOGNORM.DIST(x, mean, standard_dev, cumulative)
ArgumentDescription
xRequiredThe value at which to evaluate the distribution. Must be greater than 0.
meanRequiredThe mean of ln(x) — the average of the natural logarithm of the variable.
standard_devRequiredThe standard deviation of ln(x). Must be greater than 0.
cumulativeRequiredTRUE returns the cumulative distribution (CDF); FALSE returns the probability density (PDF).

How to use it

LOGNORM.DIST models a variable X where ln(X) follows a normal distribution with the given mean and standard_dev. Set cumulative to choose the curve:

=LOGNORM.DIST(4,3.5,1.2,TRUE) // cumulative ≈ 0.0390
=LOGNORM.DIST(4,3.5,1.2,FALSE) // density ≈ 0.0176

Note that mean and standard_dev describe the distribution of ln(x), not of x itself. The variable x must be positive, since you cannot take the log of zero or a negative number.

Inverse: LOGNORM.INV goes the other way — give it a probability and it returns the x-value at that cumulative percentile. LOGNORM.DIST(...,TRUE) and LOGNORM.INV undo each other.

Try it: interactive demo

Live demo

Pick a LOGNORM.DIST example to see the formula and its result.

Result:

Practice workbook

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Frequently asked questions

What does the lognormal distribution model?
A positive, right-skewed variable whose natural logarithm is normally distributed — classic uses include stock prices, asset returns, income, and particle sizes.
Are mean and standard_dev for x or for ln(x)?
For ln(x). Both parameters describe the underlying normal distribution of the natural logarithm of the variable, not the variable itself.
What does the cumulative argument do?
TRUE returns the cumulative distribution (probability that the variable is at or below x); FALSE returns the probability density at x.
How is LOGNORM.DIST different from the legacy LOGNORMDIST?
The old LOGNORMDIST only returned the cumulative value and had no cumulative argument. LOGNORM.DIST adds that flag so you can request the density too; the legacy name still works for compatibility.

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Related functions: LOGNORM.INV · NORM.DIST · NORM.INV · EXPON.DIST · WEIBULL.DIST