The average growth rate of sales in three years is a compound growth rate of three years, which indicates the growth of the main business of the enterprise for three consecutive years, reflects the sustainable development trend and market expansion ability of the enterprise, and can especially measure the sustainable profitability of listed companies.
Extended data:
The three-year average growth rate of operating income reflects the long-term trend and stability of operating income growth of enterprises, and better reflects the development status and development ability of enterprises. It is generally believed that the higher the three-year average growth rate of operating income, the better the sustained growth momentum of business and the stronger the market expansion ability.
Operating income growth = total operating income-total operating income of the previous year
The growth rate of operating income is greater than zero, indicating that the operating income of enterprises has increased. The higher the index value, the faster the growth rate of business income and the better the market prospect of the enterprise.
Baidu Encyclopedia-Three-year average growth rate of operating income