Legg Mason (Legg Mason) Market Cap : $4,447 Mil (As of Apr. 26, 2024)

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What is Legg Mason Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Legg Mason's share price for the quarter that ended in Jun. 2020 was $49.75. Legg Mason's Shares Outstanding (EOP) for the quarter that ended in Jun. 2020 was 91 Mil. Therefore, Legg Mason's market cap for the quarter that ended in Jun. 2020 was $4,504 Mil.

Legg Mason's quarterly market cap increased from Dec. 2019 ($3,118 Mil) to Mar. 2020 ($4,288 Mil) and increased from Mar. 2020 ($4,288 Mil) to Jun. 2020 ($4,504 Mil).

Legg Mason's annual market cap declined from Mar. 2018 ($3,439 Mil) to Mar. 2019 ($2,342 Mil) but then increased from Mar. 2019 ($2,342 Mil) to Mar. 2020 ($4,288 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Legg Mason's Enterprise Value for Today is $5,666 Mil.

Legg Mason Market Cap Historical Data

The historical data trend for Legg Mason's Market Cap 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 Market Cap Chart

Legg Mason Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Market Cap

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3,711.18

3,456.69

3,439.25

2,341.68

4,288.14

Legg Mason Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Market Cap	Get a 7-Day Free Trial															3,317.21	3,314.28	3,117.76	4,288.14	4,504.11

Competitive Comparison of Legg Mason's Market Cap

For the Asset Management subindustry, Legg Mason's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Legg Mason's Market Cap distribution charts can be found below:

* The bar in red indicates where Legg Mason's Market Cap falls into.

Legg Mason Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

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

Market Cap (A: Mar. 2020 )	=	Share Price (A: Mar. 2020 )	*	Shares Outstanding (EOP) (A: Mar. 2020 )
	=	$48.85	*	87.7817
	=	$4,288

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

Market Cap (Q: Jun. 2020 )	=	Share Price (Q: Jun. 2020 )	*	Shares Outstanding (EOP) (Q: Jun. 2020 )
	=	$49.75	*	90.5349
	=	$4,504

Legg Mason (NYSE:LM) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Legg Mason Market Cap Related Terms

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Legg Mason (Legg Mason) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legg Mason Inc (NYSE:LM) » Definitions » Market Cap

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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.