This month-over-month (MoM) calculator determines the percentage change between the values of the current and previous months.
Formula used:
MoM Growth (%) = ((Current Value - Previous Value) ÷ Previous Value) × 100
Find the MoM percentage change for:
Apply the values in the formula:
= ((7,000 - 5,000) ÷ 5,000) × 100
= (2,000 ÷ 5,000) × 100
= 0.4 × 100
= 40%
Find the MoM growth for:
= ((37,500 - 30,000) ÷ 30,000) × 100
= (7,500 ÷ 30,000) × 100
= 0.25 × 100
= 25%