What is ttm in finance high-growth sectors use TTM

High-growth sectors use TTM price-to-earnings-growth (PEG) ratios to justify premiums. Electric vehicle leader Tesla’s TTM PEG stands near 1.8, which suggests that current pricing embeds aggressive earnings growth assumptions. Upstart Holdings, Inc. engages in the provision of a cloud-based artificial intelligence lending platform. Its platform aggregates consumer demand for loans and connects it to the company's network of artificial intelligence-enabled bank partners. The company was founded by David Joseph Girouard, Anna Mongayt Counselman and Paul Gu in December 2013 and is headquartered in San Mateo, CA." Here, you could update your data by adding in the new quarter and dropping the last. This would give you: Trailing 12 Months = Previous TTM + Q2 2023 – Q2 2022 = (-$7 Million + $10 Million + $15Million) = $18 Million. Real estate investment trusts (REITs) display their health through TTM funds from operations (FFO). Industrial REITs are reporting TTM FFO growth at 9%, benefiting from e-commerce expansion and supply chain restructuring.