Revenue Growth

Revenue growth is a financial metric that shows the rate at which a company's revenue (or total sales) is increasing over a certain period of time. It is usually expressed as a percentage and is calculated by subtracting the previous year's revenue from the current year's revenue, dividing the result by the previous year's revenue, and then multiplying by 100. This is represented by the formula:

[(Current year revenue - Previous year revenue) / Previous year revenue] x 100

Revenue growth is an important metric for investors as it shows how well a company is performing in terms of generating income and increasing its market share. A high revenue growth rate is typically seen as a positive sign that a company is expanding its business and is expected to perform well in the future.

Additional Details

Metric Name	Type	Default Period Type
revenue_growth	fin_metric	FY

Formatting Details

Data Format	Display Format	Unit
float	perc	percentage