Year-over-year (YOY) growth is a performance indicator often used by investors to measure financial progress and compare results from one period to another. The measurement, which looks at change ...
To calculate YOY growth, you can use this simple formula: YOY Growth (%) = (Current Year Value – Previous Year Value) / Previous Year Value x 100 For example, if a company’s revenue was $ ...
Year-over-year (YOY ... when in reality individual quarters display different trends. Calculating YOY growth, thus, offers a better understanding of a company’s true business performance ...
Calculating YOY growth, thus, offers a better understanding of a company’s true business performance because it adjusts for any effects of seasonality. The YOY growth can be positive or negative, ...