FLOOR Google Sheet Formula

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FLOOR Formula Syntax

=FLOOR(3.7, 1)

Example Use Case

Rounding a number down to the nearest specified multiple for conservative estimates

Understanding the FLOOR Formula

The FLOOR function in Excel rounds a number down to the nearest multiple of a specified value, always moving toward zero. It’s the opposite of CEILING, ideal for conservative rounding in budgeting, inventory, or time slotting where you don’t want to overshoot.

For 3.7 with a multiple of 1, FLOOR gives 3. It takes two arguments: the number and the significance. This makes it versatile for aligning numbers downward, like setting minimum price points or batch sizes.

Why Use FLOOR?

FLOOR ensures understated values, useful in financial planning, resource allocation, or safety margins. Its control over multiples keeps it precise, offering a downward counterpoint to CEILING’s upward bias.