TTM — Smart Financial Analysis
Calculate TTM revenue, P/E, and growth metrics from quarterly data. Trailing Twelve Months is the standard for real-time financial analysis.
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Trailing Twelve Months: the most recent 12-month period of financial data. TTM normalizes seasonal variations and provides the most up-to-date annual view of performance. Sum the last 4 reported quarters. TTM is more current (always includes latest data).
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Why: Trailing Twelve Months: the most recent 12-month period of financial data. It provides a more current view than annual reports. If today is March 2024, TTM = Q2 2023 + Q3 2023 +...
How: Enter Q1 Revenue, Q2 Revenue, Q3 Revenue to get instant results. Try the preset examples to see how different scenarios affect the outcome, then adjust to match your situation.
Run the calculator when you are ready.
📋 Quick Examples — Click to Load
📊 Revenue by Quarter
Quarterly revenue breakdown
📊 Quarter Contribution to TTM
Share of total TTM revenue by quarter
📊 Quarterly Revenue Trend
Revenue progression over the last 4 quarters
📊 TTM Metrics
TTM revenue and valuation metrics
For educational purposes only — not financial advice. Consult a qualified advisor before making decisions.
💡 Money Facts
TTM analysis is used by millions of people worldwide to make better financial decisions.
— Industry Data
Financial literacy can increase household wealth by up to 25% over a lifetime.
— NBER Research
The average American makes 35,000 financial decisions per year—many can be optimized with calculators.
— Cornell University
Globally, only 33% of adults are financially literate, making tools like this essential.
— S&P Global
Trailing Twelve Months analysis is the foundation of real-time financial evaluation, providing the most current annual-equivalent view of a company's performance. Unlike static fiscal year data that can be 3-11 months stale, TTM metrics update each quarter, capturing the latest trends. The TTM P/E ratio is Wall Street's standard valuation metric, used by virtually every financial platform from Bloomberg to Yahoo Finance.
Sources: SEC EDGAR, Bloomberg, S&P Capital IQ, Investopedia.
Key Takeaways
- • TTM = sum of last 4 quarters — always the most recent 12 months
- • TTM P/E (trailing P/E) uses actual earnings, not estimates
- • TTM normalizes seasonality for retail, agriculture, and cyclical industries
- • Compare companies with different fiscal year-ends using TTM
Did You Know?
How Does TTM Work?
Direct Method
TTM Revenue = Q1 + Q2 + Q3 + Q4. Sum the four most recent quarterly reports. Works for revenue, earnings, EBITDA, and any income-statement metric.
Indirect Method
When you have annual + YTD data: TTM = Last FY + Current YTD − Prior YTD (same period). Removes the old portion and adds the new.
Valuation
TTM P/E = Stock Price / TTM EPS. TTM P/S = Market Cap / TTM Revenue. These ratios use actual results, not analyst estimates.
Expert Tips
TTM vs Fiscal Year
| Metric | TTM | Fiscal Year |
|---|---|---|
| Recency | Always current (last 4 quarters) | 3–11 months old |
| Use Case | Investment analysis, valuation | Compliance, reporting |
| Seasonality | Full 12 months (normalized) | Full 12 months |
Frequently Asked Questions
What does TTM mean?
Trailing Twelve Months: the most recent 12-month period of financial data. It provides a more current view than annual reports. If today is March 2024, TTM = Q2 2023 + Q3 2023 + Q4 2023 + Q1 2024.
Why is TTM important?
TTM normalizes seasonal variations and provides the most up-to-date annual view of performance. It's used for P/E ratios, revenue analysis, and comparing companies when fiscal years don't align.
How is TTM calculated?
Sum the last 4 reported quarters. For mid-year: TTM Revenue = Last Annual Revenue + Current Year Quarters - Same Quarters Last Year. This rolling calculation updates each quarter.
TTM vs fiscal year: which is better?
TTM is more current (always includes latest data). Fiscal year is official but may be 3-11 months old. For investment analysis, TTM is preferred. For compliance/reporting, fiscal year is required.
What is TTM P/E ratio?
Price/Earnings using TTM EPS. Also called "trailing P/E." Stock at $150, TTM EPS of $5 = P/E of 30. Compare to forward P/E (analyst estimates) for a more complete picture.
How do analysts use TTM data?
Valuation (P/E, P/S, EV/EBITDA using TTM), trend analysis (revenue/earnings growth), screening (filter stocks by TTM metrics), and comparison (compare companies with different fiscal years on equal footing).
Key Statistics
Official Data Sources
⚠️ Disclaimer: This calculator is for educational purposes only. TTM figures should be verified against official SEC filings. Not financial advice. Consult a professional for investment decisions.
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