Year-over-year (YoY) comparison is a method of evaluating two or more measured events to compare the results at one period with those from a comparable period on an annual basis. For a year-over-year comparison of Q2 2020 sales, the analyst should compare the sales figures from Q2 2020 with those from Q2 2019. This comparison will show the growth, stagnation, or decline in sales over the year and is a common practice in financial analysis to assess performance.
[References:, SlideTeam’s article on sales comparison templates1., Salesforce help article on calculating YoY or Quarter-over-Quarter (QoQ) in reports2., Smartsheet’s content on annual sales report templates3., TechRepublic article on creating a YoY comparison chart using a PivotChart in Excel4., , ]
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