---
title: What Does TTM / FWD Mean?
description: Seeking Alpha symbol pages reference a metric called TTM / FWD. Read more to find out what this means.
---

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# What Does TTM / FWD Mean?

TTM - Trailing 12 Months  
FWD - Forward (forward-looking, based on estimates from analysts or projections against sufficient history)

We Display Dividends Rates, Yields, Earnings, FFO, P/E, etc. on a TTM or FWD basis.

For Example:   
1\. **Dividends**:  
FWD - Forward dividend rates and yields are displayed where the security has a rich dividend history and an observable trend, allowing us to project future dividends with a fair degree of certainty.  
TTM - In contrast, TTM Rates and Yields are displayed for securities where sufficient dividend history is not available, or the dividend history has a random pattern. In such cases, actual dividends paid is a more reliable measure

![](https://help.seekingalpha.com/hubfs/Knowledge%20Base%20Import/02c134becb65d543d4a3aef1b04d4fc1.png)

2\. **Earnings and earnings-related metrics**:  
FWD - Forward earnings displayed on Seeking Alpha is a forward-looking consensus measure of the projections published by Analysts covering the security.

TTM - Trailing 12-month Earnings are displayed in the absence of availability of analyst estimates. This is common for stocks with lower market capitalizations and/or is purely dependent on analyst interest in a particular security.  
TTM earnings are calculated using the Financials filed by the issuer (subject to normalization of financial statements).

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