LTM numbers are calculated as:

LTM numbers are calculated as:

• A. Annual plus Old Q minus New Q
• B. +Annual - Old Q + New Q
• C. Annual minus Old Q plus New Q
• D. Old Q plus New Q minus Annual

Answer: (B)

LTM numbers come from a rolling 12-month window. To move from the prior year’s full figure to the current trailing figure, you add the most recent quarter’s data and remove the oldest quarter that drops out of the 12-month span. So the calculation is: LTM = Annual + New Quarter - Old Quarter. For example, if the latest full-year figure is 100, the most recent quarter adds 15, and the quarter that falls out is 10, the LTM would be 100 + 15 - 10 = 105. This method keeps the trailing twelve months current by replacing the oldest quarter with the newest one each period.

LTM numbers come from a rolling 12-month window. To move from the prior year’s full figure to the current trailing figure, you add the most recent quarter’s data and remove the oldest quarter that drops out of the 12-month span. So the calculation is: LTM = Annual + New Quarter - Old Quarter.

For example, if the latest full-year figure is 100, the most recent quarter adds 15, and the quarter that falls out is 10, the LTM would be 100 + 15 - 10 = 105. This method keeps the trailing twelve months current by replacing the oldest quarter with the newest one each period.