year-over-year

Definition

Compared to the same time period in the previous year.

Use year-over-year in a sentence

I am happy to report that the company has shown steady revenue growth for the last two years on a year-over-year basis.

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When the board saw that their year-over-year sales figures were down 20% they new it was time to change course and reinvent this product line.

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A phrase one frequently sees used in comparing corporate income or balance sheet figures is year-over-year, which shows the value of the metric being examined for the period one year ago.

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