Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 1.10
LM's Cash to Debt is ranked lower than
80% of the 1185 Companies
in the Global Asset Management industry.

( Industry Median: 9999.00 vs. LM: 1.10 )
Ranked among companies with meaningful Cash to Debt only.
LM' s 10-Year Cash to Debt Range
Min: 0.05  Med: 1.11 Max: 10.63
Current: 1.1
0.05
10.63
Equity to Asset 0.63
LM's Equity to Asset is ranked lower than
70% of the 1232 Companies
in the Global Asset Management industry.

( Industry Median: 0.86 vs. LM: 0.63 )
Ranked among companies with meaningful Equity to Asset only.
LM' s 10-Year Equity to Asset Range
Min: 0.16  Med: 0.39 Max: 0.68
Current: 0.63
0.16
0.68
Interest Coverage 8.55
LM's Interest Coverage is ranked lower than
86% of the 1107 Companies
in the Global Asset Management industry.

( Industry Median: 10000.00 vs. LM: 8.55 )
Ranked among companies with meaningful Interest Coverage only.
LM' s 10-Year Interest Coverage Range
Min: 1.43  Med: 3.87 Max: 14.39
Current: 8.55
1.43
14.39
F-Score: 5
Z-Score: 2.44
M-Score: -2.57
WACC vs ROIC
12.49%
7.10%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 17.67
LM's Operating margin (%) is ranked lower than
66% of the 1336 Companies
in the Global Asset Management industry.

( Industry Median: 49.75 vs. LM: 17.67 )
Ranked among companies with meaningful Operating margin (%) only.
LM' s 10-Year Operating margin (%) Range
Min: -19.93  Med: 22.73 Max: 31.14
Current: 17.67
-19.93
31.14
Net-margin (%) 8.41
LM's Net-margin (%) is ranked lower than
72% of the 1343 Companies
in the Global Asset Management industry.

( Industry Median: 45.78 vs. LM: 8.41 )
Ranked among companies with meaningful Net-margin (%) only.
LM' s 10-Year Net-margin (%) Range
Min: -58.61  Med: 8.87 Max: 43.25
Current: 8.41
-58.61
43.25
ROE (%) 5.15
LM's ROE (%) is ranked lower than
54% of the 1380 Companies
in the Global Asset Management industry.

( Industry Median: 6.14 vs. LM: 5.15 )
Ranked among companies with meaningful ROE (%) only.
LM' s 10-Year ROE (%) Range
Min: -35.08  Med: 15.20 Max: 28.1
Current: 5.15
-35.08
28.1
ROA (%) 3.35
LM's ROA (%) is ranked lower than
52% of the 1399 Companies
in the Global Asset Management industry.

( Industry Median: 3.70 vs. LM: 3.35 )
Ranked among companies with meaningful ROA (%) only.
LM' s 10-Year ROA (%) Range
Min: -18.69  Med: 3.23 Max: 13.06
Current: 3.35
-18.69
13.06
ROC (Joel Greenblatt) (%) 174.62
LM's ROC (Joel Greenblatt) (%) is ranked higher than
63% of the 885 Companies
in the Global Asset Management industry.

( Industry Median: 45.29 vs. LM: 174.62 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
LM' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -414.31  Med: 241.68 Max: 779.89
Current: 174.62
-414.31
779.89
Revenue Growth (3Y)(%) 10.30
LM's Revenue Growth (3Y)(%) is ranked higher than
60% of the 754 Companies
in the Global Asset Management industry.

( Industry Median: 5.10 vs. LM: 10.30 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
LM' s 10-Year Revenue Growth (3Y)(%) Range
Min: -19  Med: 7.70 Max: 43.1
Current: 10.3
-19
43.1
EBITDA Growth (3Y)(%) 7.90
LM's EBITDA Growth (3Y)(%) is ranked higher than
55% of the 625 Companies
in the Global Asset Management industry.

( Industry Median: 4.50 vs. LM: 7.90 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
LM' s 10-Year EBITDA Growth (3Y)(%) Range
Min: -24.9  Med: 7.30 Max: 36.3
Current: 7.9
-24.9
36.3
EPS Growth (3Y)(%) 9.80
LM's EPS Growth (3Y)(%) is ranked higher than
53% of the 594 Companies
in the Global Asset Management industry.

( Industry Median: 7.60 vs. LM: 9.80 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
LM' s 10-Year EPS Growth (3Y)(%) Range
Min: -33.5  Med: 11.20 Max: 46.3
Current: 9.8
-33.5
46.3
» LM's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2014

LM Guru Trades in Q2 2014

Jim Simons 46,900 sh (New)
Joel Greenblatt 15,118 sh (+100.64%)
Ray Dalio 4,333 sh (+2.36%)
Manning & Napier Advisors, Inc 358,710 sh (+1.01%)
Pioneer Investments Sold Out
Ken Fisher 68,800 sh (-0.03%)
Mario Gabelli 4,963,250 sh (-1.40%)
John Keeley 117,900 sh (-2.33%)
Dodge & Cox 18,900 sh (-5.50%)
Jeff Auxier 36,020 sh (-6.49%)
Jeremy Grantham 20,600 sh (-7.21%)
Robert Olstein 242,000 sh (-12.26%)
Louis Moore Bacon 8,457 sh (-14.42%)
Richard Pzena 1,304,475 sh (-15.06%)
Brian Rogers 4,748,939 sh (-17.07%)
Third Avenue Management 672,688 sh (-23.07%)
» More
Q3 2014

LM Guru Trades in Q3 2014

Paul Tudor Jones 6,535 sh (New)
John Burbank 6,319 sh (New)
Jim Simons 179,000 sh (+281.66%)
Jeremy Grantham 29,500 sh (+43.20%)
John Keeley 141,500 sh (+20.02%)
Ken Fisher 69,150 sh (+0.51%)
Mario Gabelli 4,969,983 sh (+0.14%)
Third Avenue Management 672,688 sh (unchged)
Jeff Auxier 36,020 sh (unchged)
Louis Moore Bacon Sold Out
Manning & Napier Advisors, Inc Sold Out
Ray Dalio Sold Out
Richard Pzena 1,294,100 sh (-0.80%)
Robert Olstein 235,000 sh (-2.89%)
Dodge & Cox 17,330 sh (-8.31%)
Brian Rogers 3,668,743 sh (-22.75%)
Joel Greenblatt 8,575 sh (-43.28%)
» More
Q4 2014

LM Guru Trades in Q4 2014

Andreas Halvorsen 3,683,203 sh (New)
Pioneer Investments 63,010 sh (New)
Joel Greenblatt 132,660 sh (+1447.06%)
Paul Tudor Jones 19,303 sh (+195.38%)
Jim Simons 199,800 sh (+11.62%)
Robert Olstein 249,000 sh (+5.96%)
Brian Rogers Sold Out
John Burbank Sold Out
Jeff Auxier 35,920 sh (-0.28%)
Mario Gabelli 4,873,509 sh (-1.94%)
Ken Fisher 67,600 sh (-2.24%)
John Keeley 129,960 sh (-8.16%)
Jeremy Grantham 25,900 sh (-12.20%)
Dodge & Cox 12,060 sh (-30.41%)
Richard Pzena 572,607 sh (-55.75%)
Third Avenue Management 214,949 sh (-68.05%)
» More
Q1 2015

LM Guru Trades in Q1 2015

Louis Moore Bacon 21,317 sh (New)
Jim Simons 245,900 sh (+23.07%)
Robert Olstein 291,000 sh (+16.87%)
Jeremy Grantham 27,400 sh (+5.79%)
Ken Fisher 67,999 sh (+0.59%)
Pioneer Investments Sold Out
John Keeley 128,990 sh (-0.75%)
Mario Gabelli 4,724,358 sh (-3.06%)
Joel Greenblatt 126,666 sh (-4.52%)
Richard Pzena 458,656 sh (-19.90%)
Dodge & Cox 9,360 sh (-22.39%)
Third Avenue Management 165,614 sh (-22.95%)
Andreas Halvorsen 2,577,175 sh (-30.03%)
Paul Tudor Jones 10,996 sh (-43.03%)
Jeff Auxier 10,070 sh (-71.97%)
» More
» Details

Insider Trades

Latest Guru Trades with LM

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Legg Mason Inc

Mario Gabelli Comments on Legg Mason Inc - Jul 25, 2014

Legg Mason Inc. (LM) (0.8%) (LM - $51.31 - NYSE) is a consortium of investment managers, known as affiliates, that operate under separate brand names, including Royce & Associates in small cap, Western Asset Management in fixed income, Legg Mason Capital in value equities, and Batterymarch Financial in quantitative strategies. As of May 2014, the firm had approximately $685 billion in assets under management. The company has been turning around investment performance while improving operating fundamentals. Using free cash flow, the company continues to retire shares under its $1 billion+ authorization.

From Mario Gabelli (Trades, Portfolio)’s The Gabelli Equity Income Fund Second Quarter 2014 Shareholder Commentary.

Check out Mario Gabelli latest stock trades

Top Ranked Articles about Legg Mason Inc

Mario Gabelli's Top Four Favorite Stock Picks
Mario Gabelli (Trades, Portfolio) of GAMCO Investors currently owns 880 stocks in his portfolio, valued at $18.58 billion. According to GuruFocus Real Time Picks, the number of new stocks is 47 and the quarter-over-quarter turnover is 6%. Read more...
Brian Rogers Purchases 5 New Stocks In Q4
During the fourth quarter, Brian Rogers (Trades, Portfolio) of the T. Rowe Price Equity Income Fund added five new positions to the portfolio and sold out of three holdings. Read more...
Mario Gabelli Comments on Legg Mason Inc
Legg Mason Inc. (LM) (0.8%) (LM - $51.31 - NYSE) is a consortium of investment managers, known as affiliates, that operate under separate brand names, including Royce & Associates in small cap, Western Asset Management in fixed income, Legg Mason Capital in value equities, and Batterymarch Financial in quantitative strategies. As of May 2014, the firm had approximately $685 billion in assets under management. The company has been turning around investment performance while improving operating fundamentals. Using free cash flow, the company continues to retire shares under its $1 billion+ authorization. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 24.09
LM's P/E(ttm) is ranked lower than
75% of the 994 Companies
in the Global Asset Management industry.

( Industry Median: 13.10 vs. LM: 24.09 )
Ranked among companies with meaningful P/E(ttm) only.
LM' s 10-Year P/E(ttm) Range
Min: 9.35  Med: 21.09 Max: 230.65
Current: 24.09
9.35
230.65
Forward P/E 13.11
LM's Forward P/E is ranked higher than
50% of the 204 Companies
in the Global Asset Management industry.

( Industry Median: 13.04 vs. LM: 13.11 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 24.60
LM's PE(NRI) is ranked lower than
74% of the 989 Companies
in the Global Asset Management industry.

( Industry Median: 13.20 vs. LM: 24.60 )
Ranked among companies with meaningful PE(NRI) only.
LM' s 10-Year PE(NRI) Range
Min: 13.73  Med: 23.01 Max: 232.65
Current: 24.6
13.73
232.65
P/B 1.25
LM's P/B is ranked lower than
72% of the 1342 Companies
in the Global Asset Management industry.

( Industry Median: 0.96 vs. LM: 1.25 )
Ranked among companies with meaningful P/B only.
LM' s 10-Year P/B Range
Min: 0.31  Med: 1.01 Max: 5.1
Current: 1.25
0.31
5.1
P/S 2.00
LM's P/S is ranked higher than
84% of the 1217 Companies
in the Global Asset Management industry.

( Industry Median: 7.48 vs. LM: 2.00 )
Ranked among companies with meaningful P/S only.
LM' s 10-Year P/S Range
Min: 0.47  Med: 1.97 Max: 10.57
Current: 2
0.47
10.57
PFCF 10.58
LM's PFCF is ranked higher than
65% of the 237 Companies
in the Global Asset Management industry.

( Industry Median: 14.27 vs. LM: 10.58 )
Ranked among companies with meaningful PFCF only.
LM' s 10-Year PFCF Range
Min: 2.98  Med: 13.51 Max: 50.37
Current: 10.58
2.98
50.37
POCF 9.75
LM's POCF is ranked higher than
68% of the 705 Companies
in the Global Asset Management industry.

( Industry Median: 16.37 vs. LM: 9.75 )
Ranked among companies with meaningful POCF only.
LM' s 10-Year POCF Range
Min: 2.44  Med: 11.70 Max: 37.01
Current: 9.75
2.44
37.01
EV-to-EBIT 12.97
LM's EV-to-EBIT is ranked higher than
54% of the 968 Companies
in the Global Asset Management industry.

( Industry Median: 14.27 vs. LM: 12.97 )
Ranked among companies with meaningful EV-to-EBIT only.
LM' s 10-Year EV-to-EBIT Range
Min: -12.2  Med: 12.30 Max: 30.7
Current: 12.97
-12.2
30.7
Shiller P/E 46.30
LM's Shiller P/E is ranked lower than
87% of the 629 Companies
in the Global Asset Management industry.

( Industry Median: 13.32 vs. LM: 46.30 )
Ranked among companies with meaningful Shiller P/E only.
LM' s 10-Year Shiller P/E Range
Min: 3.53  Med: 26.66 Max: 115.53
Current: 46.3
3.53
115.53
Current Ratio 2.36
LM's Current Ratio is ranked lower than
63% of the 872 Companies
in the Global Asset Management industry.

( Industry Median: 3.96 vs. LM: 2.36 )
Ranked among companies with meaningful Current Ratio only.
LM' s 10-Year Current Ratio Range
Min: 1.33  Med: 2.36 Max: 2.77
Current: 2.36
1.33
2.77
Quick Ratio 2.36
LM's Quick Ratio is ranked lower than
62% of the 872 Companies
in the Global Asset Management industry.

( Industry Median: 3.93 vs. LM: 2.36 )
Ranked among companies with meaningful Quick Ratio only.
LM' s 10-Year Quick Ratio Range
Min: 1.33  Med: 2.36 Max: 2.77
Current: 2.36
1.33
2.77
Days Sales Outstanding 47.70
LM's Days Sales Outstanding is ranked lower than
57% of the 943 Companies
in the Global Asset Management industry.

( Industry Median: 35.94 vs. LM: 47.70 )
Ranked among companies with meaningful Days Sales Outstanding only.
LM' s 10-Year Days Sales Outstanding Range
Min: 45.76  Med: 94.43 Max: 507.45
Current: 47.7
45.76
507.45

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.36
LM's Dividend Yield is ranked lower than
86% of the 1462 Companies
in the Global Asset Management industry.

( Industry Median: 3.72 vs. LM: 1.36 )
Ranked among companies with meaningful Dividend Yield only.
LM' s 10-Year Dividend Yield Range
Min: 0.36  Med: 1.11 Max: 8.62
Current: 1.36
0.36
8.62
Dividend Payout 0.31
LM's Dividend Payout is ranked higher than
76% of the 883 Companies
in the Global Asset Management industry.

( Industry Median: 0.48 vs. LM: 0.31 )
Ranked among companies with meaningful Dividend Payout only.
LM' s 10-Year Dividend Payout Range
Min: 0.08  Med: 0.16 Max: 0.52
Current: 0.31
0.08
0.52
Dividend growth (3y) 26.00
LM's Dividend growth (3y) is ranked higher than
87% of the 513 Companies
in the Global Asset Management industry.

( Industry Median: 4.40 vs. LM: 26.00 )
Ranked among companies with meaningful Dividend growth (3y) only.
LM' s 10-Year Dividend growth (3y) Range
Min: -47.1  Med: 17.00 Max: 54.2
Current: 26
-47.1
54.2
Yield on cost (5-Year) 6.98
LM's Yield on cost (5-Year) is ranked higher than
72% of the 1466 Companies
in the Global Asset Management industry.

( Industry Median: 4.41 vs. LM: 6.98 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
LM' s 10-Year Yield on cost (5-Year) Range
Min: 1.87  Med: 5.73 Max: 44.89
Current: 6.98
1.87
44.89
Share Buyback Rate 7.60
LM's Share Buyback Rate is ranked higher than
84% of the 755 Companies
in the Global Asset Management industry.

( Industry Median: -0.50 vs. LM: 7.60 )
Ranked among companies with meaningful Share Buyback Rate only.
LM' s 10-Year Share Buyback Rate Range
Min: 7.7  Med: -3.10 Max: -8.7
Current: 7.6

Valuation & Return

vs
industry
vs
history
Price/Projected FCF 0.54
LM's Price/Projected FCF is ranked higher than
90% of the 397 Companies
in the Global Asset Management industry.

( Industry Median: 1.14 vs. LM: 0.54 )
Ranked among companies with meaningful Price/Projected FCF only.
LM' s 10-Year Price/Projected FCF Range
Min: 0.28  Med: 1.25 Max: 2.82
Current: 0.54
0.28
2.82
Price/Median PS Value 1.04
LM's Price/Median PS Value is ranked lower than
51% of the 1059 Companies
in the Global Asset Management industry.

( Industry Median: 1.03 vs. LM: 1.04 )
Ranked among companies with meaningful Price/Median PS Value only.
LM' s 10-Year Price/Median PS Value Range
Min: 0.34  Med: 1.01 Max: 3.21
Current: 1.04
0.34
3.21
Earnings Yield (Greenblatt) (%) 7.88
LM's Earnings Yield (Greenblatt) (%) is ranked higher than
67% of the 1325 Companies
in the Global Asset Management industry.

( Industry Median: 4.70 vs. LM: 7.88 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
LM' s 10-Year Earnings Yield (Greenblatt) (%) Range
Min: 3.3  Med: 7.70 Max: 36.4
Current: 7.88
3.3
36.4
Forward Rate of Return (Yacktman) (%) 25.44
LM's Forward Rate of Return (Yacktman) (%) is ranked higher than
76% of the 429 Companies
in the Global Asset Management industry.

( Industry Median: 6.82 vs. LM: 25.44 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
LM' s 10-Year Forward Rate of Return (Yacktman) (%) Range
Min: 0.1  Med: 15.00 Max: 37.5
Current: 25.44
0.1
37.5

Analyst Estimate

Mar16
Revenue(Mil) 2,958
EPS($) 3.88
EPS without NRI($) 3.88

Business Description

Industry: Asset Management » Asset Management
Compare:AMP, AMG, BEN, BLK, BK » details
Traded in other countries:LGG.Germany,
Legg Mason Inc was incorporated in Maryland on November 12, 1981 to serve as a holding company for its various subsidiaries. The Company is an asset management. The Company, through its subsidiaries, provides investment management and related services to institutional and individual clients, company-sponsored mutual funds and other pooled investment vehicles. It offers these products and services directly and through various financial intermediaries. The Company has operations in the United States of America 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. It offers investment advisory services, including the discretionary and non-discretionary management of separate investment accounts in various investment styles for institutional and individual investors. It also offers investment products, such as mutual funds comprising fixed income, equity funds, money market, and other liquidity products, as well as funds-of-hedge funds, and other domestic and offshore funds for retail and institutional investors. It serves various customers directly, as well as through various financial intermediaries. The asset management industry in the United States is subject to extensive regulation under both federal and state securities and other laws.
» More Articles for LM

Headlines

Articles On GuruFocus.com
A Bullish Outlook For Affiliated Managers Group Jul 02 2015 
Legg Mason Beats Q1 Profit Estimates May 04 2015 
BlackRock: A Fair-Value Giant with Predictable Earnings Mar 17 2015 
Mario Gabelli's Top Four Favorite Stock Picks Jan 26 2015 
Lingo Media Appoints Hassan Helmy of Global Telecom Holdings to Its Board of Directors Dec 18 2014 
Size and Scale of Affiliated Managers' Operations Will Increase Oct 03 2014 
The Olstein All Cap Value Fund’s 2014 Second Quarter Letter to Shareholders Sep 10 2014 
Number-Oriented Guru Robert Olstein's Top Holdings Aug 12 2014 
Mario Gabelli Comments on Legg Mason Inc Jul 25 2014 
Number-Focused Robert Olstein Reports Top Five of Q1 May 17 2014 

More From Other Websites
T. Rowe Price Reflects Organic Growth; Should You Hold? - Analyst Blog Jul 06 2015
How MLP Weakness Affects Legg Mason, Piper Jaffray: Susquehanna Jul 02 2015
Legg Mason: Room to Run Jun 30 2015
Global Economy Will Continue Tepid Growth, Says Western Asset CIO Jun 30 2015
Global Economy Will Continue Tepid Growth, Says Western Asset CIO Jun 30 2015
Legg Mason shares could gain another 20 pct or more - Barron's Jun 28 2015
Legg Mason Takes Step Toward Launching ETFs Jun 19 2015
A.M. Funds Roundup: Big Bond Fund Withdrawals; Legg Mason Files for ETFs Jun 19 2015
Legg Mason Is Considering Smart-Beta ETF Strategies Jun 19 2015
Book Review: Performance Evaluation and Attribution of Security Portfolios Jun 18 2015
Here's how much Legg Mason CEO Joseph Sullivan made last year Jun 17 2015
Emerging Markets Gaining Appeal for Returns and Diversification - But Countries Matter Jun 16 2015
ClearBridge Energy MLP Fund Inc. Announces Private Placement of Preferred Stock and Senior Secured... Jun 12 2015
Legg Mason (LM) Reports Stable May AUM with Strong Inflows - Analyst Blog Jun 10 2015
Susquehanna Downgrades Legg Mason, Notes Concerns Jun 10 2015
Legg Mason downgraded by Susquehanna Jun 10 2015
Legg Mason 'very open' to bolt-on acquisitions Jun 09 2015
Royce to Rename Three Funds Jun 09 2015
Legg Mason Reports Assets Under Management and Flows For May 2015 Jun 09 2015
Legg Mason Reports Assets Under Management and Flows For May 2015 Jun 09 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK