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Yoy, Year On Year

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accounting
corporate finance and accounting

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Sure, the phrase “yoy year on year” means the same as “year after year.”

Definition:

  • Yoy year on year: Refers to a trend or change that occurs in the same manner from one year to the next.

Meaning:

When something increases or decreases “yoy year on year,” it means that it is increasing or decreasing at a constant rate from one year to the next. For example:

  • “The company’s revenue increased yoy year on year.”
  • “The number of students enrolling in the program has decreased yoy year on year.”

Equivalent phrases:

  • Year after year
  • Year-on-year
  • Successive years

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