Year-Over-Year YOY in Finance: Definition, Formula & Example
YOY is short for “Year-Over-Year” which is a calculation used to compare data from one year to another year. Sequential analysis can be done daily, weekly, monthly, quarterly, semi-annually or in any other cycle. For example, if you are looking at quarterly revenues sequentially, you’ll compare Q2 to Q1, or Q3 to Q2. For example,…