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About press copyright contact us creators advertise developers terms privacy policy & safety how youtube works test new features nfl sunday ticket © 2025 google llc Understand the formula, meaning, and why yoy is key in financial analysis. Yoy stands for year over year and is a type of financial analysis used for comparing time series data

It is useful for measuring growth and detecting trends. Using yoy analysis, finance professionals can compare the performance of key financial metrics such as revenues, expenses, and profit. The yoy growth rate can be used to analyze the annual increase or decrease in a financial metric, such as revenue.

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