Legg Mason Inc (N:LM)

Business Focus: Investment Management & Fund Operators

Sector:  Financials Industry:  Investment Management & Fund Operators
See Regulatory Filings on SEC
Company Contact
Address: 100 International Dr
BALTIMORE MD 21202-4673
Tel: 1-410-4545246
Website: https://www.leggmason.com
IR: See website
Key People
Joseph A. Sullivan
Chairman of the Board, President, Chief Executive Officer
Peter H. Nachtwey
Chief Financial Officer, Senior Executive Vice President
Patricia Lattin
Chief Human Resource Officer
Ursula Amelie Schliessler
Executive Vice President, Chief Administrative Officer
Thomas C. Merchant
Executive Vice President, General Counsel, Corporate Secretary
Thomas K. Hoops
Executive Vice President, Head of Business and Product Development
Terence Johnson
Executive Vice President, Head - Global Distribution
Frances Cashman
Global Head - Communications and Engagement
John Kenney
Global Head - Affiliate Strategic Initiatives
Business Overview
Legg Mason, Inc. is a holding company. The Company and its subsidiaries are principally engaged in providing asset management and related financial services to individuals, institutions, corporations and municipalities. The Company operates through Global Asset Management segment. Global Asset Management provides investment advisory services to institutional and individual clients and to the Company-sponsored investment funds. The Company, through its subsidiaries, provides investment management and related services to institutional and individual clients, Company-sponsored investment funds and retail separately managed account programs. It offers its products and services directly and through various financial intermediaries. It has operations principally in the United States and the United Kingdom and also has offices in Australia, Bahamas, Brazil, Canada, Chile, China, Dubai, France, Germany, Italy, Japan, Luxembourg, Poland, Singapore, Spain, Switzerland and Taiwan.
Financial Overview
For the fiscal year ended 31 March 2020, Legg Mason Inc revenues increased 1% to $2.92B. Net income applicable to common stockholders excluding extraordinary items totaled $243.3M vs. loss of $30.6M. Revenues reflect Separate accounts increase of 2% to $1.05B, Investment Advisory Fees- Funds increase of 1% to $1.5B, Performance Fees increase of 17% to $99M.
Employees: 3,246 as of Mar 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: N/A
Annual revenue (TTM): $2,922M as of Mar 31, 2020
EBITDA (TTM): $591.20M as of Mar 31, 2020
Net annual income (TTM): $243.27M as of Mar 31, 2020
Free cash flow (TTM): N/A
Net Debt Last Fiscal Year: N/A
Shares outstanding: 86,892,028 as of Feb 3, 2020
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization