OverviewSuggest Edit

Legg Mason is a global investment company with specialized expertise in equities, fixed income, and alternatives. It launches and manages mutual funds and exchange-traded funds.

TypePublic
Founded1899
HQBaltimore, MD, US
Websiteleggmason.com
Employee Ratings3.9
Overall CultureA+

Latest Updates

Employees (est.) (Mar 2019)3,246
Revenue (FY, 2020)$2.9 B
Share Price (Aug 2020)$50
Cybersecurity ratingAMore

Legg Mason Office Locations

Legg Mason has offices in Baltimore, Miami, New York, Stamford and in 5 other locations
Baltimore, MD, US (HQ)
100 International Drive
Miami, FL, US
Espírito Santo Plaza, 1395 Brickell Ave #1550
New York, NY, US
New York Times Bldg, 620 8th Ave 47th Floor
Stamford, CT, US
100 First Stamford Pl
Westborough, MA, US
4400 Computer Dr
Las Condes, CL
Isidora Goyenechea 3000, 23
Show all (12)

Legg Mason Financials and Metrics

Legg Mason Revenue

Legg Mason's revenue was reported to be $2.92 b in FY, 2020
USD

Revenue (Q1, 2021)

666.2m

Market capitalization (6-Aug-2020)

4.4b

Closing stock price (6-Aug-2020)

50.0
Legg Mason's current market capitalization is $4.4 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

3.1b2.9b2.9b

Revenue growth, %

(8%)

Pre tax profit

233.8m28.5m

Income tax expense

102.5m20.6m106.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

793.8m768.3m793.1m3.1b747.9m758.4m704.3m2.9b705.4m743.3m753.9m666.2m

Pre tax profit

91.8m126.3m(40.8m)287.2m109.0m110.9m(266.7m)79.6m

Income tax expense

28.3m38.7m(209.4m)(102.5m)30.7m29.8m(60.4m)20.6m18.0m

Net Income

63.5m87.6m168.5m78.4m81.1m(206.4m)61.6m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2014FY, 2015FY, 2016FY, 2017FY, 2020

Cash

1.5b1.4b858.0m400.0m375.0m438.0m

Accounts Receivable

349.2m366.6m

Prepaid Expenses

57.8m62.7m

Inventories

Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q4, 2013Q2, 2014Q3, 2014Q4, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

1.1b1.3b1.3b1.2b562.9m

Accounts Receivable

315.9m344.7m374.6m351.6m

Prepaid Expenses

59.3m56.5m60.6m54.3m

Current Assets

2.0b2.2b2.3b2.4b
Annual
USDFY, 2010FY, 2011FY, 2014FY, 2016FY, 2017FY, 2020

Net Income

211.0m253.9m281.8m

Depreciation and Amortization

79.8m62.8m

Inventories

Accounts Payable

319.0k
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q2, 2014Q3, 2014Q1, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

47.9m123.3m184.9m60.0m136.8m216.7m

Depreciation and Amortization

20.8m40.9m60.7m17.3m34.0m31.3m48.2m

Accounts Payable

(11.1m)(21.2m)

Cash From Operating Activities

25.7m161.6m194.8m(75.9m)2.7m
USDFY, 2010

Financial Leverage

1.5 x
Show all financial metrics

Legg Mason Acquisitions / Subsidiaries

Company NameDateDeal Size
Brandywine Global Investment Management
Brandywine Global Investment Management Europe
Clarion Partners
Clarion Partners Holdings LLC
Clearbridge
ClearBridge Investments
ClearBridge Management Holdings
EnTrustPermal Group Holdings LLC
EnTrust Permal LLC
Financial Guard
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Legg Mason Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

Legg Mason Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Legg Mason Online and Social Media Presence

Embed Graph

Legg Mason Company Culture

  • Overall Culture

    A+

    90/100

  • CEO Rating

    A

    80/100

  • Compensation

    A+

    100/100

Learn more on Comparably

Legg Mason News and Updates

Legg Mason Reports Assets Under Management and Flows for March 2020

BALTIMORE, April 13, 2020 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management (AUM) of $730.8 billion as of Mar 31, 2020. This month's AUM included long-term net outflows of $13.7 billion, driven by fixed income net outflows of $11.6 billion and equity...

Royce Closed-End Funds Announce That Franklin Resources, Inc. Is To Acquire Legg Mason, Inc.

NEW YORK, Feb. 19, 2020 /PRNewswire/ -- On February 18, 2020, Franklin Resources, Inc. ("Franklin Resources") and Legg Mason, Inc. ("Legg Mason") announced that they have entered into a definitive agreement for Franklin Resources to acquire Legg Mason. Royce Investment Partners ("Royce"),...

Trian to Make $70 Million in Nine Months on Legg Mason Bet

Trian to Make $70 Million in Nine Months on Legg Mason Bet

Franklin Templeton set to buy Legg Mason in $4.5bn deal

Franklin Templeton is set to acquire rival asset manager Legg Mason in the latest sign of consolidation in the asset [...] The post Franklin Templeton set to buy Legg Mason in $4.5bn deal appeared first on CityAM.

(LM) Alert: Johnson Fistel Investigates Proposed Sale of Legg Mason, Inc.; Is $50.00 a Fair Price?

SAN DIEGO, Feb. 18, 2020 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Legg Mason, Inc. [NYSE: LM] ("Legg Mason") breached their fiduciary duties in connection with the proposed sale of the Company to...
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Legg Mason Blogs

A Volatile First Quarter Delivers Gains

Emerging markets saw a positive first quarter overall, although pandemic challenges remain an overhang on the global economy. Our emerging markets equity team thinks emerging markets are likely to remain resilient, highlighting the global competitiveness of emerging market companies and the ability …

Emerging Markets: the Post-Pandemic Promise

Our Emerging Markets Equity team has been highlighting the resilience of emerging markets over the past year as COVID-19 dealt unexpected shocks. Chief Investment Officer Manraj Sekhon highlights why the team’s conviction in emerging markets hasn’t wavered. Artykuł Emerging Markets: the Post-Pandemi…

Investing Beyond the Storm: A View from the MENA Region

The economic impact from COVID-19 hit oil-exporting countries hard as demand for oil fell and oil producers struggled to store surpluses. Global Sukuk and MENA Fixed Income’s Dino Kronfol and Franklin Templeton Emerging Markets Equity’s Salah Shamma are nonetheless optimistic about the prospects for…

Reflation Concerns Dampened Investor Optimism in February

The month of February saw some challenges for emerging markets overall, but our Emerging Markets Equity team still sees reasons for optimism—including the strength of China’s recovery from COVID-19 and a number of potential structural opportunities in the wake of the pandemic. Artykuł Reflation Conc…

PODCAST: Comparing the Recovery in US and Emerging Markets

Franklin Equity Group's Grant Bowers and Templeton Emerging Markets Equity's Chetan Sehgal join our Alistair MacDonald for a conversation about the rate of economic recovery in the United States versus emerging market countries and the implications for equity investors. Artykuł PODCAST: Comparing th…

Asian Equities Drove Emerging Markets Higher in January

Emerging market equities started off the year strong, with positive performances overall in January. Our Emerging Market Equity team provides an overview of what drove market moves, and why it has an eye on frontier markets in particular when looking longer term. Artykuł Asian Equities Drove Emergin…
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Legg Mason Frequently Asked Questions

  • When was Legg Mason founded?

    Legg Mason was founded in 1899.

  • How many employees does Legg Mason have?

    Legg Mason has 3,246 employees.

  • What is Legg Mason revenue?

    Latest Legg Mason annual revenue is $2.9 b.

  • What is Legg Mason revenue per employee?

    Latest Legg Mason revenue per employee is $900.2 k.

  • Who are Legg Mason competitors?

    Competitors of Legg Mason include Robeco, Fidelity International and Fidelity Investments.

  • Where is Legg Mason headquarters?

    Legg Mason headquarters is located at 100 International Drive, Baltimore.

  • Where are Legg Mason offices?

    Legg Mason has offices in Baltimore, Miami, New York, Stamford and in 5 other locations.

  • How many offices does Legg Mason have?

    Legg Mason has 12 offices.