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, US
Websiteleggmason.com
Employee Ratings3.4

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, US (HQ)
100 International Drive
Miami, US
Espírito Santo Plaza, 1395 Brickell Ave #1550
New York, US
New York Times Bldg, 620 8th Ave 47th Floor
Stamford, US
100 First Stamford Pl
Westborough, 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

93/100

SecurityScorecard logo

Legg Mason Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Legg Mason Online and Social Media Presence

Embed Graph

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

Thinking about buying stock in Bilibili, Genprex, Kroger, Legg Mason, or Nio?

NEW YORK, Feb. 18, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BILI, GNPX, KR, LM, and NIO. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

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.
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Legg Mason Blogs

China 2021 Outlook: Pandemic Fuels Momentum for De-Globalization, What’s Next?

The coronavirus has sharpened the divide between China and the rest of the world and accelerated the trend toward de-globalization already in place, according to Franklin Templeton Emerging Markets Equity’s Chetan Sehgal and Michael Lai. They share their outlook for China, how the health care story …

US 2020 Election Investment Pulse: Resilience and Vulnerability in Emerging Markets

The US elections have implications for emerging markets in the area of global trade relations in particular, but for investors, it’s important to look at countries and companies individually within the asset class, according to Portfolio Manager Andrew Ness. He joins our Head of Equities Stephen Dov…

Optimism in Asia Drives Emerging Market Outperformance in October

Despite the COVID-19 pandemic, emerging markets have shown a continued appetite for structural reforms that could lay the foundation for lasting economic recoveries, according to our Emerging Markets Equity team. Here are some highlights of news and events driving emerging markets during the month o…

Small But Mighty—Emerging Market Trends on the Cutting Edge of Change

Small companies can lead to mighty investment opportunities. Here’s a look at why Franklin Templeton Emerging Markets Equity's Chetan Sehgal, Krzysztof Musialik and Jordan Pong are excited about smaller companies today. Artykuł Small But Mighty—Emerging Market Trends on the Cutting Edge of Change po…

Emerging Markets: Just When You Think You’ve Seen It All

In this excerpt from our Global Investment Outlook, our Emerging Markets Equity CIO Manraj Sekhon sees some hopeful signs as countries recover from the COVID-19 crisis. Artykuł Emerging Markets: Just When You Think You’ve Seen It All pochodzi z serwisu Investment Adventures in Emerging Markets.

Investors Turn Cautious in September after a Strong Start to the Quarter

Emerging markets have had different approaches to coping with COVID-19 and are at different stages of recovery. Our emerging markets equity team examines trends, news and data shaping emerging markets in the third quarter, and shares its latest outlook. Artykuł Investors Turn Cautious in September a…

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 Janus Henderson, Federated Hermes and BlackRock.

  • 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.