Business & Finance mortgage

How to Calculate Year on Year

By Business & Finance Last updated Sunday, May/26/2024

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.

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