Legg Mason (Legg Mason) Pre-Tax Income : $400 Mil (TTM As of Jun. 2020)

View and export this data going back to 1983. Start your Free Trial

What is Legg Mason Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Legg Mason's pretax income for the three months ended in Jun. 2020 was $69 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2020 was $400 Mil. Legg Mason's pretax margin was 10.36%.

During the past 13 years, Legg Mason's highest Pretax Margin was 15.31%. The lowest was -19.54%. And the median was 12.12%.

Legg Mason Pre-Tax Income Historical Data

The historical data trend for Legg Mason's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Legg Mason Pre-Tax Income Chart

Legg Mason Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Pre-Tax Income

Get a 7-Day Free Trial

-25.22

370.88

233.84

28.50

410.53

Legg Mason Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Pre-Tax Income	Get a 7-Day Free Trial															79.62	105.29	124.67	100.97	69.00

Competitive Comparison of Legg Mason's Pre-Tax Income

For the Asset Management subindustry, Legg Mason's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Legg Mason's Pre-Tax Income Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Legg Mason's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Legg Mason's Pre-Tax Income falls into.

Legg Mason Pre-Tax Income Calculation

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

Legg Mason's Pretax Income for the fiscal year that ended in Mar. 2020 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	504.245	+	3.865	+	-109.87	+	12.294	+	0
	=	411

Legg Mason's Pretax Income for the quarter that ended in Jun. 2020 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	67.708	+	28.962	+	-28.581	+	0.915	+	0
	=	69

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $400 Mil.

Legg Mason (NYSE:LM) Pre-Tax Income Explanation

Legg Mason's Pretax Margin for the quarter that ended in Jun. 2020 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	69.004	/	666.186
	=	10.36%

During the past 13 years, Legg Mason's highest Pretax Margin was 15.31%. The lowest was -19.54%. And the median was 12.12%.

Legg Mason Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Legg Mason's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Legg Mason (Legg Mason) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legg Mason Inc (NYSE:LM) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 International Drive, Baltimore, MD, USA, 21202-1099

Website

https://www.leggmason.com

Legg Mason provides investment management services for institutional and individual investors. The firm had $783.4 billion in managed assets at the end of June, spread among its equity (25% of total AUM), fixed-income (57%), alternatives (9%), and money market (9%) investment platforms. Legg Mason uses a multiaffiliate business model, with its single- largest affiliate, Western Asset Management, accounting for more than 60% of managed assets. Other major affiliates include ClearBridge Investments (more than 15% of AUM), Brandywine (less than 10%), and Clarion Partners (less than 10%). The remaining affiliates--Martin Currie, Royce & Associates, EnTrustPermal, QS Investors, and RARE Infrastructure--each account for 2% or less of Legg Mason's managed assets.