Company Quick10K Filing
Legg Mason
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 86 $3,111
10-Q 2019-11-08 Quarter: 2019-09-30
10-Q 2019-08-06 Quarter: 2019-06-30
10-K 2019-05-24 Annual: 2019-03-31
10-Q 2019-02-05 Quarter: 2018-12-31
10-Q 2018-11-06 Quarter: 2018-09-30
10-Q 2018-08-06 Quarter: 2018-06-30
10-K 2018-05-30 Annual: 2018-03-31
10-Q 2018-02-05 Quarter: 2017-12-31
10-Q 2017-11-09 Quarter: 2017-09-30
10-Q 2017-08-04 Quarter: 2017-06-30
10-K 2017-05-24 Annual: 2017-03-31
10-Q 2017-02-07 Quarter: 2016-12-31
10-Q 2016-11-01 Quarter: 2016-09-30
10-Q 2016-08-02 Quarter: 2016-06-30
10-K 2016-05-23 Annual: 2016-03-31
10-Q 2016-02-02 Quarter: 2015-12-31
10-Q 2015-11-05 Quarter: 2015-09-30
10-Q 2015-08-05 Quarter: 2015-06-30
10-K 2015-05-22 Annual: 2015-03-31
10-Q 2015-02-04 Quarter: 2014-12-31
10-Q 2014-11-06 Quarter: 2014-09-30
10-Q 2014-08-06 Quarter: 2014-06-30
10-K 2014-05-23 Annual: 2014-03-31
10-Q 2014-02-07 Quarter: 2013-12-31
10-Q 2013-11-06 Quarter: 2013-09-30
10-Q 2013-08-07 Quarter: 2013-06-30
10-K 2013-05-24 Annual: 2013-03-31
10-Q 2013-02-06 Quarter: 2012-12-31
10-Q 2012-11-06 Quarter: 2012-09-30
10-Q 2012-08-07 Quarter: 2012-06-30
10-K 2012-05-25 Annual: 2012-03-31
10-Q 2012-02-07 Quarter: 2011-12-31
10-Q 2011-11-08 Quarter: 2011-09-30
10-Q 2011-08-08 Quarter: 2011-06-30
10-K 2011-05-27 Annual: 2011-03-31
10-Q 2011-02-08 Quarter: 2010-12-31
10-Q 2010-11-09 Quarter: 2010-09-30
10-Q 2010-08-09 Quarter: 2010-06-30
10-K 2010-05-28 Annual: 2010-03-31
10-Q 2010-02-05 Quarter: 2009-12-31
8-K 2019-10-30
8-K 2019-08-01
8-K 2019-07-30 Shareholder Vote
8-K 2019-07-11 Regulation FD
8-K 2019-05-20 Officers, Regulation FD, Exhibits
8-K 2019-05-13
8-K 2019-05-13 Officers
8-K 2019-02-12 Regulation FD
8-K 2019-02-04
8-K 2018-10-24
8-K 2018-07-31 Shareholder Vote
8-K 2018-07-25
8-K 2018-06-12 Amend Bylaw, Exhibits
8-K 2018-04-25
8-K 2018-02-21 Amend Bylaw, Exhibits
8-K 2018-01-24
8-K 2018-01-09 Regulation FD

Legg Mason Financials

LM Metrics, Comps, Filings

Annual | Quarterly

Business

Legg Mason is a global asset management firm that operates through nine independent asset management subsidiaries. Acting through our asset management subsidiaries, each of which generally markets its products and services under its own brand name, we provide investment management and related products and services to institutional and individual clients, company-sponsored mutual funds and other investment vehicles. We offer these products and services directly and through various financial intermediaries.

Legg Mason, Inc. was incorporated in Maryland in 1981 to serve as a holding company for its various subsidiaries. The predecessor companies to Legg Mason trace back to Legg & Co., a Maryland-based broker-dealer formed in 1899. Our subsequent growth occurred primarily through internal expansion and the acquisition of asset management and broker-dealer firms. In December 2005, Legg Mason completed a transaction in which it sold its primary broker-dealer businesses to concentrate on the asset management industry. Legg Mason is an independent, publicly traded company, with no single majority shareholder and 90% of its Board of Directors consists of independent directors as of March 31, 2019.

Unless the context otherwise requires, all references in this Report to "we," "us," "our" and "Legg Mason" include Legg Mason, Inc. and its predecessors and subsidiaries, and the term "asset managers" refers to the asset management businesses operated by our subsidiaries. References to "fiscal year 2019" or other fiscal years refer to the 12-month period ended March 31st of the year specified.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Affiliated Managers Group (AMG) 5,347 0% 23.9 2% 7,728 3,175 2,301 0 150 283 6,779
Eaton Vance (EV) 4,901 0% 7.8 10% 4,219 2,743 1,680 0 422 615 4,811
Janus Henderson Group (JHG) 4,080 0% 5.7 6% 6,860 1,886 2,182 0 418 642 3,667
Lazard (LAZ) 4,066 0% 5.7 7% 5,507 4,790 2,658 0 393 620 3,505
Evercore (EVR) 3,835 0% 5.4 22% 1,940 965 2,116 0 427 635 3,450
Legg Mason (LM) 3,111 0% 28.3 3% 7,846 3,450 2,861 0 221 171 4,831
Federated Investors (FII) 3,080 0% 8.4 14% 1,688 574 1,244 0 242 347 2,899
Houlihan Lokey (HLI) 2,912 28% 9.9 12% 1,393 500 1,115 316 172 278 2,739
Ares Management (ARES) 2,907 0% 4.6 2% 10,980 9,377 1,080 0 260 546 2,530
AllianceBernstein (AB) 2,747 10.7 16% 1,430 0 0 0 231 258 2,747
Carlyle Group (CG) 2,649 0% 5.5 7% 13,401 9,782 2,979 0 1,000 1,178 6,518
Cohen & Steers (CNS) 2,468 0% 22.6 32% 404 110 388 0 129 105 2,366
Artisan Partners (APAM) 2,116 0% 7.2 23% 929 783 792 0 209 271 1,956
Noah Holdings (NOAH) 1,324 0% 8,014 1,839 0 0 0 0 -1,382
BrightSphere Investment Group (BSIG) 1,236 0% 8.0 10% 1,356 1,304 886 0 137 223 1,779
Virtus Investment Partners (VRTS) 880 0% 6.2 3% 3,067 2,343 561 0 80 150 935
Och-Ziff (OZM) 790 0% 17.4 1% 1,364 950 496 0 17 54 940
Pzena Investment (PZN) 622 0% 9.9 32% 167 76 115 0 54 59 587
Diamond Hill Investment Group (DHIL) 480 0% 4.8 18% 306 54 138 0 55 77 368
Westwood Holdings (WHG) 288 0% 9.9 7% 179 26 102 0 13 24 232

Balance Sheet ($MM)2010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-31
Cash1,5081,3761,3829338583013951
Accounts Receivable349367334351349368335433476425
Inventory
PP&E362287239202607180163160148150
Assets8,614-55-392857,111-167,5208,2908,1537,794
Accounts Payable
Long-Term Debt1,1701,3231,2141,1451,0501,0501,7502,2222,3162,250
Liabilities2,742-12,575221-4-03,10913,5683,412
Stockholders' Equity5,8424,725-234,2143,9833,8243,660
Income Statement ($MM)2010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-31
Revenue2,635-402,615-2122,66103,1402,903
Cost of Revenue
Gross Profit
R&D
SG&A
Tax119119000202422-10321
Net Income211-515-6-30-33153368
Cash Flow ($MM)2010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-31
Cash Operating1,428412497303437568454540493561
Cash Investing-277-442-11138-208-245-1,020-39-37
Cash Financing-747-468-482-736-639-507466-117-462-332