Year-over-Year (YoY)
Year-over-Year is a comparative analysis method used to measure and evaluate changes in financial performance, sales revenues, or key performance indicators (KPIs) over a specified period compared to the same period in the previous year. Analyzing YoY trends enables entrepreneurs to assess business growth, identify seasonal patterns, and benchmark operational performance to make data-driven decisions, allocate resources effectively, and implement strategies that drive sustainable business expansion and profitability.