5 Ways To Extract Quarter And Year From Date In Excel

Extracting the quarter and year from a date in Excel can be a useful skill, especially when working with financial or quarterly data. In this article, we will explore five different ways to extract the quarter and year from a date in Excel, using various formulas and functions.

Method 1: Using the QUARTER and YEAR Functions

One of the most straightforward ways to extract the quarter and year from a date in Excel is by using the QUARTER and YEAR functions.

The QUARTER function returns the quarter of the year for a given date, while the YEAR function returns the year.

For example, if you have a date in cell A1, you can use the following formulas:

=QUARTER(A1) =YEAR(A1)

These formulas will return the quarter and year of the date in cell A1, respectively.

Pros and Cons of Using the QUARTER and YEAR Functions

• Pros:
  • Easy to use and understand
  • Returns the quarter and year directly
• Cons:
  • Only available in Excel 2016 and later versions
  • May not work with older Excel versions

Method 2: Using the INT and MONTH Functions

Another way to extract the quarter and year from a date in Excel is by using the INT and MONTH functions.

The INT function returns the integer part of a number, while the MONTH function returns the month of the year for a given date.

For example, if you have a date in cell A1, you can use the following formulas:

=(INT((MONTH(A1)-1)/3))+1 =YEAR(A1)

The first formula uses the INT and MONTH functions to calculate the quarter of the year, while the second formula uses the YEAR function to return the year.

Pros and Cons of Using the INT and MONTH Functions

• Pros:
  • Works with older Excel versions
  • Returns the quarter and year directly
• Cons:
  • May be more complicated to understand and use
  • Requires two separate formulas

Method 3: Using the CHOOSE Function

The CHOOSE function is another way to extract the quarter and year from a date in Excel.

The CHOOSE function returns a value from a list of values, based on a given position.

For example, if you have a date in cell A1, you can use the following formula:

=CHOOSE(MONTH(A1),"Q1","Q2","Q3","Q4")

This formula uses the MONTH function to determine the quarter of the year, and then returns the corresponding quarter value from the list.

To return the year, you can use the YEAR function:

=YEAR(A1)

Pros and Cons of Using the CHOOSE Function

• Pros:
  • Easy to use and understand
  • Returns the quarter and year directly
• Cons:
  • May be more complicated to use with multiple conditions
  • Requires two separate formulas

Method 4: Using VBA Macros

VBA macros can also be used to extract the quarter and year from a date in Excel.

A VBA macro is a program that can be created and run within Excel, using the Visual Basic for Applications (VBA) language.

For example, you can create a VBA macro that uses the following code:

Sub ExtractQuarterAndYear() Dim dateValue As Date dateValue = Range("A1").Value quarterValue = Int((Month(dateValue) - 1) / 3) + 1 yearValue = Year(dateValue) Range("B1").Value = quarterValue Range("C1").Value = yearValue End Sub

This macro uses the INT and MONTH functions to calculate the quarter of the year, and the YEAR function to return the year.

Pros and Cons of Using VBA Macros

• Pros:
  • Can be customized to perform complex tasks
  • Can be run automatically
• Cons:
  • Requires knowledge of VBA programming
  • May be more complicated to use and understand

Method 5: Using Power Query

Power Query is a powerful data manipulation tool in Excel that can be used to extract the quarter and year from a date.

Power Query uses a visual interface to create and edit queries, making it easy to use and understand.

For example, you can create a Power Query that uses the following formula:

= Date.Year([Date]) & " Q" & Date.QuarterOfYear([Date])

This formula uses the Date.Year and Date.QuarterOfYear functions to extract the year and quarter from the date, respectively.

Pros and Cons of Using Power Query

• Pros:
  • Easy to use and understand
  • Returns the quarter and year directly
  • Can be used to perform complex data manipulation tasks
• Cons:
  • Only available in Excel 2013 and later versions
  • May require additional setup and configuration

Gallery of Extracting Quarter and Year Images

Extracting Quarter and Year Images

We hope this article has helped you learn how to extract the quarter and year from a date in Excel. Whether you use the QUARTER and YEAR functions, the INT and MONTH functions, the CHOOSE function, VBA macros, or Power Query, there are many ways to achieve this task. Do you have any questions or need further assistance? Leave a comment below and we'll be happy to help.