Year over Year


Year over Year

The measure of performance in one year compared to a different year, especially the most recent one. This is done so that growth or decline might be measured without having to account for seasonal variance. For example, one might compare sales in 2009 to those in 2008. If a company sold 1 million widgets in 2008 and 1.25 million in 2009, this indicates 25% growth in sales, and is a positive sign for investors.