Revenue (Year On Year Growth) Formula in Excel

Are you tracking revenue metrics over time and need a simple way to fetch and compare annual growth? The Revenue (Year On Year Growth) formula in Excel with MarketXLS helps you quickly calculate the year-on-year growth percentage for a company’s revenue. By integrating this function into your workflow, you can make smarter, data-driven decisions with ease.

Understanding Revenue (Year On Year Growth)

• Purpose: Retrieves the annual percentage increase or decrease in a company’s revenue, effectively giving you a quick snapshot of its year-over-year performance.
• Key Benefits:
  • Monitor revenue trends at a glance
  • Compare YOY (Year Over Year) performance across multiple symbols instantly
  • Gain critical insights for investment or business decisions
• When to Use:
  • Building financial dashboards and comparing historical revenue changes
  • Performing quick fundamental analysis on stocks, ETFs, or crypto assets
  • Benchmarking revenue growth among multiple companies

Syntax and Parameters

Use the YoYGrowth function in your Excel sheet to get the year-on-year growth percentage for the company’s revenue. Below is the basic syntax:

=YoYGrowth(symbol, metric)

Return Value:

• Returns a numeric value (as a percentage) representing the year-on-year growth of the specified revenue metric.
• If an error occurs or invalid inputs are provided, the function returns "NA" or the message "Please check your inputs".

?? Note: A valid MarketXLS license is required for the function to work. If your license is invalid, this function will return a license-related message.

Examples and Usage

Below are some practical examples to help you understand how to integrate the YoYGrowth function into your worksheets.

1. Basic Revenue Growth for a Stock

   =YoYGrowth("MSFT","revenue")

   Returns the year-over-year growth percentage for Microsoft’s revenue.

2. Index Revenue Growth (if available)

   =YoYGrowth("^SPX","revenue")

   Retrieves the YOY revenue growth for the S&P 500 index’s revenue metric (if data is available).

3. Options

   =YoYGrowth("@MSFT 110122C00020000","revenue")

   Useful if you want to check the underlying asset of an option contract (though typically used for stocks).

4. Cryptocurrency

   =YoYGrowth("BTCUSD:DEFAULT","revenue")

   Provides YOY revenue growth data for Bitcoin (if tracked).

? Pro Tip: Combine this function with other MarketXLS growth functions (e.g., Shares Outstanding (1 Year - Growth) or Book Value Per Share (3-Year Growth, Annualized)) to build a comprehensive performance dashboard.

Common Questions

1. What if I provide an invalid symbol or metric?

   • The function returns "Please check your inputs" if the symbol or metric values are empty. Otherwise, "NA" if not found.

2. Does this function handle date inputs?

   • This function does not require a date parameter. It automatically fetches the most recent YOY revenue data available.

3. How often is the data updated?

   • Data updates depend on your MarketXLS settings. Commonly, fundamental data is updated quarterly or annually. Ensure your MarketXLS service is synced for the latest figures.

4. Are there any performance considerations?

   • Since this function calls external data, it may take a moment to retrieve results. Large spreadsheets with many such calls might require additional refresh time.

5. Can I use the returned YOY growth percentage for further calculations?

   • Absolutely! You can reference the cell containing this formula in other calculations or charts to showcase revenue trends and comparisons.

?? Note: If you see a "NA" response frequently, confirm that your MarketXLS data feed supports the specific symbol and metric you’re querying.

By leveraging the Revenue (Year On Year Growth) formula, you can gain fast insights into how a company’s revenue is growing (or shrinking) over time, helping you make strategic decisions with confidence.