How to Calculate Year on Year

104 92
    • 1). Determine the amount of an item from an accounting period in year one and the same accounting period in year two for which you want to calculate the year-on-year change. Years one and two can be any two consecutive years. For example, calculate the year-on-year change in $500,000 in second-quarter revenue in year one to $650,000 in second-quarter revenue in year two.

    • 2). Subtract the amount of the item in year one from the amount of the item in year two. For example, subtract $500,000 from $650,000, which equals $150,000.

    • 3). Divide your result by the amount of the item in year one. For example, divide $150,000 by $500,000, which equals 0.3.

    • 4). Move the decimal two places to the right in your result and round to the tenths place, if necessary, to express the result as a percentage. For example, convert 0.3 to 30 percent. This is the year-on-year change in second-quarter revenue, which means the company's revenue grew 30 percent year-on-year.

Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time

Leave A Reply

Your email address will not be published.