Trailing Twelve Months (TTM)
What it is:
Trailing twelve months (TTM), sometimes referred to as last twelve months (LTM), is the 12-month interval that occurs before a designated point in time.
How it works/Example:
Why it matters:
Analysts and policymakers frequently use the trailing twelve months to gauge economic performance and to analyze data from the past year. It is important not to confuse trailing twelve months with the last fiscal year (LFY), which covers the organization's most recently-completed fiscal year.