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Legg Mason Inc (NYSE:LM)
Pretax Income
$420 Mil (TTM As of Mar. 2014)

Pretax income is the income that a company earns before paying income taxes. Legg Mason Inc's pretax income for the three months ended in Mar. 2014 was $112 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2014 was $420 Mil. Legg Mason Inc's pretax margin was 16.43%.

During the past 13 years, Legg Mason Inc's highest Pretax Margin was 29.97%. The lowest was -94.96%. And the median was 14.46%.


Definition

This is the income that a company earns before paying income taxes.

Legg Mason Inc's Pretax Income for the fiscal year that ended in Mar. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=430.893+35.292+-52.911+6.367+0
=420

Legg Mason Inc's Pretax Income for the quarter that ended in Mar. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=119.341+5.225+-14.294+1.676+0
=112

Legg Mason Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2014 was 74.887 (Jun. 2013 ) + 106.851 (Sep. 2013 ) + 125.955 (Dec. 2013 ) + 111.948 (Mar. 2014 ) = $420 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Legg Mason Inc's Pretax Margin for the quarter that ended in Mar. 2014 is calculated as

Pretax Margin=Pretax Income/Revenue
=111.948/681.396
=16.43%

During the past 13 years, Legg Mason Inc's highest Pretax Margin was 29.97%. The lowest was -94.96%. And the median was 14.46%.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Legg Mason Inc Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
Pretax Income 4717151,044444-3,188330365303-511420

Legg Mason Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Pretax Income 110-1897-6394975107126112114
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