How To Do Trend Analysis Of Financial Statements (Google Sheets and Excel)

Being able to spot trends in the financial statements of a stock is critical in determining the direction in which the company is headed.

It isn’t a surprise that companies with solid financials tend to continue to perform well over the long term.

If you'd like to see the video version check out this video:

The question then becomes: what is the best way to do trend analysis of financial statements?

There are many ways you can do it, but if you are a spreadsheet lover like I am, here is my suggestion:

  1. Use Wisesheets to get all of the annual and quarterly financial statements including: the income statement, balance sheet and cashflow statement from up to 19 years ago:
This is what the output will look like

2. Create a column where you want the trend to show, and use the sparkling functionality to get the trends:

Now you can enjoy being able to see the trends in each of the metrics listed in the financial statements and give yourself the chance to make a wiser investment decision.

If you want to learn more about how you can get company’s financials, key metrics, and growth metrics right on Excel or Google Sheets in seconds, check out

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To your investing success,

The Wisesheets Team

Hello! I'm a finance enthusiast who fell in love with the world of finance at 15, devouring Warren Buffet's books and streaming Berkshire Hathaway meetings like a true fan.

I started my career in the industry at one of Canada's largest REITs, where I honed my skills analyzing and facilitating over a billion dollars in commercial real estate deals.

My passion led me to the stock market, but I quickly found myself spending more time gathering data than analyzing companies.

That's when my team and I created Wisesheets, a tool designed to automate the stock data gathering process, with the ultimate goal of helping anyone quickly find good investment opportunities.

Today, I juggle improving Wisesheets and tending to my stock portfolio, which I like to think of as a garden of assets and dividends. My journey from a finance-loving teenager to a tech entrepreneur has been a thrilling ride, full of surprises and lessons.

I'm excited for what's next and look forward to sharing my passion for finance and investing with others!

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