Meaning of “year-over-year” in the English Dictionary

"year-over-year" in Business English

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also year over year uk us also year-on-year, also year on year ACCOUNTING, FINANCE

used to compare financial results with those of the same period in the previous year:

Earnings per share are up 10% year over year.
First Active reports more than 100% year-on-year growth in sales
Profits were down 11% on a year-over-year basis.
year-over-year comparisons/declines/increases

This is the 12th straight month in which monthly sales have declined, year-over-year.

(Definition of “year-over-year” from the Cambridge Business English Dictionary © Cambridge University Press)