year-over-year (YOY)

Definition

A comparison of a company's current earnings or other financial performance with the same data for the previous year. Compare Last Fiscal Year (LFY); Most Recent Quarter (MRQ); Trailing 12 Months (TTM).

Use this term in a sentence

  • Based on the year-over-year analysis of the company, we could see that the company has grown several times its size since this time last year.

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  • As we have added additional product offerings, we have experienced a year-over-year increase in sales volume and overall profitability in each of the last five years.

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  • Our year-over-year findings were that we had been increasing our sales every year and getting better and better with more time.

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