What is YoY (year-over-year)?

YOY (year-over-year) is a way to compare the financial statistics of a certain period to those from the same period of the year before. Most of the time, companies calculate YOY on a quarterly or monthly basis. It helps them see whether their business had positive, stagnant, or negative growth during that time.

What is YoY & how does it work?

Enroll now for FREE to start advancing your career! YoY stands for Year over Year and is a type of financial analysis used for comparing time series data. It is useful for measuring growth and detecting trends.

What is YoY analysis?

Analysts are able to deduce changes in the quantity or quality of certain business aspects with YoY analysis. In finance, investors usually compare the performance of financial instruments on a year-over-year basis to gauge whether or not an instrument is performing expected.

What is the difference between YTD and Yoy?

Year-to-date (YTD) looks at a change relative to the beginning of the year (usually Jan. 1). YTD can provide a running total, while YOY can provide a point of comparison. What If I Am Interested in Comparisons for Less Than a Year?