The quickest and easiest way to apply a formula to an entire column is to: Click the column header for the column you want to apply the formula to. Type the formula you wish to use into the FX bar and press enter. Press Ctrl+D on your keyboard Ctrl+Enter works too.
Dragging the AutoFill handle is the most common way to apply the same formula to an entire column or row in Excel. Firstly type the formula of =(A1*3+8)/5 in Cell C1, and then drag the AutoFill Handle down to the bottom in Column C, then the formula of =(A1*3+8)/5 is applied in the whole Column C.
I think it's a more recent feature, but it works for me:
Double clicking the square on the bottom right of the highlighted cell copies the formula of the highlighted cell.
Hope it helps.
It looks like some of the other answers have become outdated, but for me this worked:
(Note that this replaces text if the destination cells aren't empty)
I think you are in luck. Please try entering in B1:
=text(A1:A,"00000")
(very similar!) but before hitting Enter hit Ctrl+Shift+Enter.
This is for those who want to overwrite the column cells quickly (without cutting and copying). This is the same as double-clicking the cell box but unlike double-clicking, it still works after the first try.
BONUS:
The shortcut for going to the bottom-most content (to double-check the copy) is Ctrl+⇓. To go back up you can use Ctrl+⇑ but if your top rows are frozen you'll also have to press Enter a few times.
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