Last Twelve Months (LTM)

Last Twelve Months (LTM) is a term used to refer to the most recent twelve months for which financial data is available. This term is often used in finance to compare a company's performance over the last twelve months to its performance in prior periods, or to compare a company's performance to that of its competitors. LTM is typically used to calculate financial ratios and other metrics that provide insight into a company's financial health and performance.