Year over Year

(redirected from Year-to-Year Comparisons)

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.
References in periodicals archive ?
March demand growth represented a moderate slowdown relative to performance in February after adjusting for the distortion in the year-to-year comparisons owing to the extra day in February 2016.
Nevertheless, the numbers are valid for year-to-year comparisons.
No year-to-year comparisons were available because it was the first time for the company to release earnings results for the April-December period.
Sega did not provide year-to-year comparisons because it is the first time the company has reported quarterly earnings results.
The early result will be difficult year-to-year comparisons.
At the national level, change occurred in 14% of the opportunities, so that most of the year-to-year comparisons showed no change.
The approach being taken by ASIS differs from most other such studies in that a portion of the same group of professionals who responded to this questionnaire will be tracked for future compensation surveys, which should make the year-to-year comparisons more valid.
Culp III, chief executive of Culp, commented: "We had earlier indicated that the year-to-year comparisons in both the first and second fiscal quarters would be challenging.
It also can mislead, particularly when it's used to make firm-to-firm, interoffice or year-to-year comparisons. A firm with a 25% profit margin is not necessarily less profitable than one with a 30% margin, depending on the number of partners.
Seiko did not provide year-to-year comparisons because it was the first time for the company to release earnings results for the nine-month period.