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Year Over Year (YOY) analysis is a financial technique used to compare data from one period to the same period in the previous year. In Excel, YOY analysis can be performed using PivotTables to easily visualize changes in company performance over time. Conditional Formatting Icon Sets can be applied to highlight positive or negative trends, making it easier to identify areas of improvement or decline. YOY analysis is crucial for understanding company performance and making informed business decisions.

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