Investor Glossary-year-over-yearInvestor Glossary-year-over-yearInvestor Glossary-year-over-yearInvestor Glossary-year-over-yearInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Year-over-year

The HTML to link to this page
 

Year-over-year is a term used frequently in investment research and other reports to mean "compared with the same period in the previous fiscal year." Here's an example: In a second-quarter earnings report for a company with a fiscal year-end of June 30, "Net income rose 12.2% year-over-year" means net income for the quarter ended December 31, 2X02, increased 12.2% from the net income reported in the quarter ended December 31, 2X01. Year-over-year is distinguished from quarter-over-quarter (or "sequential") comparisons, where results are compared to those in the immediately preceding quarter. Most comparisons in investment reports are year-over-year, because most businesses have at least some seasonal variation. For a department store chain where 80% of revenue is recorded in the Christmas quarter, only year-over-year comparisons make sense. But sequential comparisons may usefully accompany year-over-year comparisons -- especially in the case of fast-expanding businesses where year-over-year comparisons don't reflect the rapid rate of expansion. "Year-over-year" is usually unnecessary in full-year comparisons such as "Net income rose 12.2% in 2X02," where a year-over-year comparison with results in full-year 2X01 can be assumed



Rate this year-over-year definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: in escrow, balance sheet, current ratio, implied volatility, ex-dividend, APR, open position, reverse mortgage, deferred revenue, real GDP, wholly-owned subsidiary, inflation, Zero Cost Collar, Key Rate Duration, average price per share, VIX, limit order, labor relations, command economy, quality assurance, LIBOR, debt service coverage, FTSE, phantom income, 1031 exchange, ex-dividend date, per diem, stock split, stock market close, minority interest, cancelled check, covered put, dividends payable, 1035 exchange, class C shares, diluted share, required rate of return, margin rate, retained earnings, EBITDA, FICO score, 144a, deferred tax, risk management, option premium, annual return, 401a, irrevocable trust, liquidity ratio


Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
Investor Glossary Index >>> # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
©2004-2014 Investor Glossary - All rights reserved - Terms of Use