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

"year-over-year" in Business English

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year-over-yearadjective

(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
year-over-year
adverb
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)
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“year-over-year” in Business English

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