Revenue Growth (Historical) Formula in Excel

Boost your analysis with the powerful MarketXLS "Revenue Growth (Historical)" formula in Excel. This function helps you track a company's revenue increase (or decrease) over different time periods, supporting better investment decisions and performance reviews.

Understanding Revenue Growth (Historical)

• Purpose: The "Revenue Growth (Historical)" formula reveals the percentage change in a company’s sales from one period to another, offering insights into the firm’s top-line performance trajectory.
• Key Benefits:
  • Quickly compare sales growth year-over-year or quarter-over-quarter.
  • Analyze trends for better financial forecasting and valuation.
  • Identify potential slowdowns or accelerations in revenue.
• When to Use:
  • To gauge whether a company’s sales are expanding or contracting.
  • When performing comparative financial analysis within an industry.
  • For quick reference in building portfolio strategies and evaluating stock performance.

Syntax and Parameters

Use the following syntax in your Excel worksheet:

=hf_Revenue_Growth(Symbol, year, [quarter], [TTM])

?? Note: The function returns a numeric value indicating the revenue growth percentage. If data is unavailable or the symbol is invalid, it returns "NA".

Return Value

• A numeric value representing percentage revenue growth (e.g., 0.15 = 15% growth).
• Returns "NA" in case of invalid symbols, insufficient data, or licensing restrictions.

Examples and Usage

Below are common ways to call the function, including different date formats:

1. By referencing a cell for the date:

   =hf_Revenue_Growth(A1, A2)

2. By specifying a direct date string:

   =hf_Revenue_Growth("MSFT", "2024-03-15")

3. By using Excel date functions:

   =hf_Revenue_Growth("MSFT", TEXT(A1,"yyyy-mm-dd"))

Working with Different Symbols

• Regular symbol:

=hf_Revenue_Growth("MSFT", 2022)

• Index:

=hf_Revenue_Growth("^SPX", 2022)

• Option:

=hf_Revenue_Growth("@MSFT 110122C00020000", 2022)

• Crypto:

=hf_Revenue_Growth("BTCUSD:DEFAULT", "ly")

Basic Examples

1. Yearly Growth

   =hf_Revenue_Growth("MSFT", 2022)

   This returns Microsoft’s revenue growth for the year 2022.

2. Quarterly Growth

   =hf_Revenue_Growth("MSFT", 2022, 2)

   Retrieves growth for Q2 of 2022.

3. Trailing Twelve Months (TTM)

   =hf_Revenue_Growth("MSFT", 2022, 3, "TTM")

   Returns growth for the trailing twelve months ending in Q3 of 2022.

4. Last Quarterly Lookups

   =hf_Revenue_Growth("MSFT", "lq")
   =hf_Revenue_Growth("MSFT", "lq-1")

   Retrieves revenue growth for the latest reported quarter or one quarter prior.

5. Last Year & Prior Years

   =hf_Revenue_Growth("MSFT", "ly")
   =hf_Revenue_Growth("MSFT", "ly-1")

   Returns growth for the latest reported year and one year before that, respectively.

? Pro Tip: Combine these variations with other MarketXLS historical fundamentals for deeper insights, such as analyzing revenue growth alongside net income or cash flow trends.

Common Questions

1. Why am I getting "NA"?

   • The symbol might be invalid, or historical data may not be available. Double-check your symbol and year/quarter parameters.
   • Your MarketXLS license may not cover historical fundamental data. Please ensure you have the correct subscription.

2. How can I improve performance?

   • Loading multiple historical fundamental formulas simultaneously can slow down your sheet because each call fetches data remotely. Consider batching your calls or limiting the number of real-time queries.

3. Can I use this formula for all companies or indices?

   • Yes, as long as the symbol is supported by MarketXLS historical data feeds. For indexes, options, or crypto, ensure you input the symbol in the correct format.

4. Do I need to include "TTM"?

   • If you omit "TTM," the function still processes trailing twelve months by default. However, explicitly specifying "TTM" can make your formulas clearer.

?? Note: Always confirm your data subscription includes historical fundamentals. Without the correct plan, the formula may return "NA".

For more in-depth analysis, explore these related MarketXLS functions:

• Revenue (Historical): Retrieves total revenue for a historical period.
• Cost Of Revenue (Historical): Fetches total cost of revenue.
• Gross Profit (Historical): Returns gross profit for a specified period.
• R & D Expenses (Historical): Shows the research and development expenses.
• Selling General and Administrative Expense (Historical): Provides SG&A expense data.