Written by:
Image
Paul Tracy

Paul has been a respected figure in the financial markets for more than two decades.

Prior to starting InvestingAnswers, Paul founded and managed one of the most influential investment research firms in America, with more than 2 million monthly readers. While there, Paul authored and edited thousands of financial research briefs, was published on Nasdaq. com, Yahoo Finance, and dozens of other prominent media outlets, and appeared as a guest expert at prominent radio shows and i...

View all posts
Updated September 30, 2020

What is TTM?

Trailing twelve months (TTM), sometimes referred to as last twelve months (LTM), is the 12-month interval of a company's financial performance that occurs before a designated point in time. 

How Does TTM Work?

TTM is a helpful statistic for reporting, comparing, and contrasting financial figures.

For example, an analyst issuing a report on October 15, 2019 will report trailing twelve months (TTM) earnings as those from October 1, 2018 to September 30, 2019. The analysts can, in turn, compare those earnings with other companies' TTM figures within a particular industry.

Why TTM 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.

TTM Yield

TTM yield is used to measure the performance of mutual fund or exchange-traded funds (ETF). It refers to the percentage of income a portfolio has generated for investors over the last 12 months. TTM yield is calculated by taking the weighted average of the yields inside a fund portfolio.

Ask an Expert about Trailing Twelve Months (TTM)
At InvestingAnswers, all of our content is verified for accuracy by Paul Tracy and our team of certified financial experts. We pride ourselves on quality, research, and transparency, and we value your feedback. Below you'll find answers to some of the most common reader questions about Trailing Twelve Months (TTM).
Be the first to ask a question

If you have a question about Trailing Twelve Months (TTM), then please ask Paul.

Ask a question

Read this next

Don't Know a Financial Term?
Search our library of 4,000+ terms
 - profile
Ask an Expert about Trailing Twelve Months (TTM)

By submitting this form you agree with our Privacy Policy

Share
close