YEAR-OVER-YEAR Definition & Meaning

year-over-year

or year o·ver year

[ yeer-oh-ver-yeer ]

Phonetic (Standard)IPA

adverb

Accounting, Finance.

as compared with the corresponding figure 12 months earlier; involving or reckoned by such a comparison: : YoY
Exports fell 2 percent year over year in May.
February rents for one-bedroom apartments saw a year-over-year increase of 6 percent.
in each year that passes after an initial investment, the start of an observed trend, etc.; annual or annually:
The gain from this software purchase has been our best ROI year over year.
Over the last decade, the year-over-year trend in inflation has strongly correlated with the year-over-year trend in GDP.

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�y��vlog History and Origins

Origin of year-over-year¹

First recorded in 1790–1800, for an earlier sense

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Example Sentences

For the first fiscal quarter ending Dec. 29, Tetra Tech’s revenue increased 16% to $1.42 billion year-over-year.

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“Reflecting this renewed excitement, resale prices for pieces from the collection have also soared, up 50% year-over-year,” McSweeney adds.

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January’s year-over-year growth was even larger: 952,733 TEUs — a unit of measurement based on the volume of a standard shipping container — were moved, representing a 41.4% increase.

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The year-over-year increase in 2023 may have been inflated by an improvement in the state data with the addition of a homeless checkbox.

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Nvidia posted solid financial results overall, with sales jumping 78% year-over-year to $39.3 billion and net income up 80% at $22.1 billion, driven by robust growth in its data center segment.

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