YOY: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Add category.) |
imported>Doug Williamson (Mend link.) |
||
| Line 50: | Line 50: | ||
== See also == | == See also == | ||
*[[ | * [[Compound Annual Growth Rate]] (CAGR) | ||
*[[Extrapolation]] | *[[Extrapolation]] | ||
*[[MoM]] | *[[MoM]] | ||
Revision as of 07:58, 27 June 2022
Year On Year, particularly in the context of percentage growth or decline.
The year-on-year change is calculated from successive years' data as:
YOY change = ( Later year / Earlier year ) - 1
Where:
Later year and Earlier year = two years, exactly one year apart
Example
Revenues have grown as follows:
Year 1: $100m
Year 2: $110m
Year 3: $132m
The related year-on-year (YOY) percentage growth figures are:
Years 1-2:
110/100 - 1
= 10%
Years 2-3:
132/110
= 20%.
Also known as Y/Y.
Sometimes written as 'YoY'.
YOY is different from the compound annual growth rate (CAGR), but they are related.
