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Trailing 12 months. Often used with Earnings Per Share.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Trailing Twelve Months
Referring to the most recently completed 12 month period. For example, trailing 12 month earnings refers to a company's earnings over the 12 months ending on the last day of the most recent month. Showing developments on a trailing 12 month basis is common way of tracking a company's finances. It is less commonly called last 12 months.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Shorthand for “trailing 12 months of financials,” meaning profit and loss information for a property or business for the past 12 months. Also written as the abbreviation “ttm.”
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.