YoY Comparison
YoY Comparison assesses financial metrics or performance indicators year over year to identify growth, trends, or changes.
Benefits
YoY comparison assesses financial metrics annually, identifying trends and changes in performance.
Frequently Asked Questions
What is a YoY comparison?
A YoY (Year-over-Year) comparison evaluates financial or performance metrics from one year to the same period in the previous year to identify trends and growth.
What are YoY metrics?
YoY (Year-over-Year) metrics are performance indicators that compare results from the same period in different years to evaluate growth or decline.
What is an example of a YoY analysis?
An example of a YoY analysis is comparing a company`s revenue in Q1 2023 to its revenue in Q1 2022 to assess growth or decline.
Key Takeaway
YoY comparison reviews financial metrics annually to identify trends and changes in performance.