What is Trailing Twelve Months (TTM)?
The most recent 12 consecutive months of a metric: last full fiscal year + current YTD − prior-year same YTD. Also called LTM.
Where you will use it: this term comes up in the Entrepreneurial Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Entrepreneurial Finance course by Devon Coombs, CPA, MBA.