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What does TTM (trailing twelve months) mean?

TTM (trailing twelve months) sums a company’s most recent four quarters to give an up-to-date annualized figure between annual reports.

A company's most recent twelve months

TTM stands for trailing twelve months. It's the sum of a company's results over its most recent four quarters — a way to see a full year's worth of performance that's always up to date, instead of waiting for the next annual report.

Why it's useful

Annual (10-K) figures are only published once a year, so they can be stale for months. Quarterly (10-Q) figures are fresh but cover just three months. TTM bridges the two: it rolls the last four quarters together to give a current, annualized number you can compare year over year.

How it's calculated

For a flow metric like revenue or net income:

TTM = Q(most recent) + Q(−1) + Q(−2) + Q(−3)

Balance-sheet items (like cash or total debt) aren't summed — they're point-in-time values, so the "latest" figure is simply the most recent reported balance.

On FiledFeed

The headline scorecard on a company page shows TTM revenue, net income and EPS so you're looking at the freshest annualized numbers. When a company has fewer than four quarters of data available, FiledFeed falls back to its latest reported annual figure.

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