Year-Over-Year YOY Definition, Calculation, and Example
An excellent example of this is Meta’s (formerly Facebook) 2021 financial highlights from its investor page. The statement shows the year-over-year changes for a three-month period from the end of 2021 and the period December 2020 to December 2021. Another issue with year-over-year calculations is that they can't fully explain the details behind economic or business growth. So, YoY comparisons are just for seasonal investments? YOY is used to compare one time period and another one year earlier. This allows for an annualized comparison, say between third-quarter earnings this year versus third-quarter earnings the year before. This material has been presented for informational and educational purposes only. The views expressed in the articles above are generalized and may not be appropriate for all investors. There is no guarantee that currencies news and...
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