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Trailing Twelve Months

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Definition
Trailing Twelve Months (TTM)
The timeframe that stretches over the past twelve months.
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Trailing Twelve Months (TTM)
The most recent four quarters that have been reported.
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Trailing Twelve Months Earnings Per Share (TTM EPS)
Trailing, twelve-months earnings per share (TTM EPS), reported by TSX for listed issuers, is an annualized EPS calculation, based on EPS as presented by the issuer, ...

Trailing twelve months. Refers to data of the previous year.
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The Trailing Twelve Months (TTM) numbers are misleading in many ways, they do not always portend the future.

For example, trailing twelve months... trailing P/E The price to earnings ratio, quantified by using earnings for the four most recently completed quarters.

Unless otherwise stated, P/S is "trailing twelve months" (TTM), the reported sales for the four previous quarters, although of course longer time periods can be examined.

Investopedia Says:
Can also be called Trailing Twelve Months (TTM).
LTM just represents the period of time. It is often used with sales, earnings, etc.
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The result is how much cash the company generated in the trailing twelve months.

The earnings are the most recently reported quarter, plus the previous three reported quarters. The abbreviation TTM is often used to indicate Trailing Twelve Months. However, it really means trailing four quarters of reported numbers.

Trailing Price Earnings Ratio: The earnings refer to the most recently reported quarter, as well as the previous three reported quarters. The abbreviation TTM is sometimes used to indicate Trailing Twelve Months.

In order to make fair comparisons of companies with different year ends, and to use the most up to date information, one can use a PE based on the trailing twelve months earnings.

months, one group of small integrated circuit, broad line and specialized
semiconductor stocks has had an especially harrowing ride, losing half of their
value after doubling during the trailing twelve months.

See also: Share, TTM, Long, Market, Earnings

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