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Create a Waterfall Chart using Excel
Waterfall Charts in Excel show the increase or decrease in values towards a total. They are great for showing contributions to a total, while also providing the ability to see a trend to the contributions.
Waterfall charts are often referred to using other names. These may include Mario Chart, Bridge Chart or Flying Bricks Chart.
Enter the Waterfall Chart Data
The first step to creating a waterfall chart is to enter the data for the chart to use. The image below shows the data being used by the waterfall chart in this tutorial.
The element values are the sales revenue of each product, and the base values is a running total of the revenue. The base values are used to create the white space below each column in the chart.
Create a Waterfall Chart
After entering the data the next step is to create a simple stacked column chart and perform some modifications to turn it into a waterfall chart.
1. Select the required range of cells to chart (in this example cell range A2:C6)
2. Click the Insert tab on the Ribbon, click the Column button and select the Stacked Column
If using Excel 2003 or previous, click the Chart Wizard button on the toolbar, select Column and then Stacked Column and click the Finish button
3. Click the Layout tab under Chart Tools on the Ribbon
4. Click and Legend button and select None to remove the chart legend
5. Click on the Gridlines button, select Primary Horizontal Gridlines and then None to remove the gridlines from the chart
6. Right click on the Base Values data series and select Format Data Series
7. Select Fill from the categories on the left and then No Fill from the options available
8. Select the Element Values data series
9. Click the Data Labels button on the Ribbon and select Inside End from the list
10. Move the data labels above each column
The Excel waterfall chart is completed. Further modifications can be made as desired. It is quite popular for people to close the gaps between the columns. The rest is up to personal preference.