- Year-over-year (YOY) is a method of evaluating two or more measured events to compare the results at one period with those of a comparable period on an annualized basis.
- YOY comparisons are a popular and effective way to evaluate the financial performance of a company.
The formula used to calculate the year over year (YoY) growth rate is as follows:
(1) | LaTeX Math Inline |
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| body | --uriencoded--YoY=\left(\frac%7BA%7D%7BB%7D-1\right)\cdot100\%25 |
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,
Wherewhere
Current Period Value (this year)Previous Period Value (last year)
