Yes. You can run reports for multiple years on a monthly, quarterly, or annual basis. Just remember, almost* all metrics are based on a Metric Year, so even when you run a "monthly" report, each monthly metric you see is based on the previous 12 months of data.
To run a custom report with monthly year-ending dates, select "Date Range" for the Timeframe, then "Monthly" for the Reporting Interval:
Also see: