Trailing Twelve Months (TTM) is the last 12 months period for a selected financial metric such as revenue, earning, or EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) that is a measurement of a company’s financial performance used in finance. A TTM is useful for the most current annualised numbers, and reduced the effects of seasonality, and also known as the last twelve months (LTM).
Reference Definition by Investopedia: Trailing 12 months (TTM) is a term used to describe the past 12 consecutive months of a company’s performance data, that’s used for reporting financial figures. The 12 months studied do not necessarily coincide with a fiscal-year ending period.
Related Definitions in the Project: The Commercial Definitions