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Trailing
(redirected from trail)

   Also found in: Dictionary/thesaurus, Medical, Acronyms, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
Trailing
A term used to describe the most recent time period.

Notes:
Most often you will hear the term 'trailing twelve months', and, from time to time, 'trailing three months' or 'trailing six months'. The term may also modify the a reported metric. For example, the earnings in a trailing price-to-earnings ratio refers to the past earnings per share over a certain period - usually 12 months. Trailing 12 months is denoted by the acronym "TTM".


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