where to find the ttm measures
the 12 month measure is typically reported on a company s balance sheet which is customarily updated every quarter to comply with generally accepted accounting principles gaap however some analysts take an average of the first and last quarters line items on the cash flow statement e g working capital capital expenditures and dividend payments should be treated based on the feeding financial statement for example working capital is compiled from balance sheet line items which are averaged however depreciation is deducted from income on a quarterly basis so analysts look at the last four quarters as reported on the income statement ttm revenuettm revenue describes the revenue that a company earns over the trailing 12 months ttm of business this data is instrumental in determining whether or not a company has experienced meaningful top line growth and can pinpoint precisely where that growth is coming from however this figure is often overshadowed by a company s profitability and capability to generate earnings before interest tax depreciation and amortization ebitda to calculate ttm revenue simply add up the previous four quarters of revenues so if xyz corp generated 29 4 billion in revenue in q1 33 5 billion in q4 30 billion in q3 and 21 9 billion in q2 ttm revenue would be ttm yieldused to analyze mutual fund or exchange traded fund etf performance ttm yield is the percentage of income a portfolio has returned to investors over the last 12 months this number is calculated by taking the weighted average of the yields of all holdings housed within a fund whether they be stock bonds or other funds ttm yield can also refer to the dividend yield for a stock paid out over the prior 12 months for instance if a company with 100 stock paid a 0 10 quarterly dividend over the past four quarters the ttm yield would be 0 10 0 10 0 10 0 10 100 0 4 ttm price earning ratiottm is also used to examine the trailing p e ratio of a company s stock trailing p e is a relative valuation multiple based on the last 12 months of actual earnings it is calculated by taking the current stock price and dividing it by the ttm earnings per share eps trailing p e can be contrasted with the forward p e which instead uses projected future earnings to calculate the price to earnings ratio 