What does YTD mean in a calendar year reference?

Someone who's using YTD for a calendar year reference would be referring to the period from Jan. 1 of the current year through the current date. They would mean the period between the first day of the fiscal year in question and the current date if they were using YTD for a fiscal year reference.

Can YTD be used as a reference timeframe?

For example, if the YTD is based on the financial year of two businesses, the financial year will have to be used as a reference timeframe. If the calendar year is used, both entities’ starting date will be the beginning of the calendar year, typically 1st January.

What is MTD & YTD?

MTD refers to the period from Aug. 1, 2024 to Aug. 20, 2024 if today's date is Aug. 21, 2024. This metric is used similarly in YTD metrics. Business owners, investors, and individuals use MTD data to analyze their income, business earnings, and investment returns for the month so far.