Legg Mason (Legg Mason) Other Operating Expense : $234 Mil (TTM As of Jun. 2020)

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

What is Legg Mason Other Operating Expense?

Legg Mason's Other Operating Expense for the three months ended in Jun. 2020 was $60 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2020 was $234 Mil.

Legg Mason's quarterly Other Operating Expense increased from Dec. 2019 ($55 Mil) to Mar. 2020 ($64 Mil) but then declined from Mar. 2020 ($64 Mil) to Jun. 2020 ($60 Mil).

Legg Mason's annual Other Operating Expense declined from Mar. 2018 ($307 Mil) to Mar. 2019 ($263 Mil) and declined from Mar. 2019 ($263 Mil) to Mar. 2020 ($232 Mil).

Legg Mason Other Operating Expense Historical Data

The historical data trend for Legg Mason's Other Operating Expense 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 Other Operating Expense Chart

Legg Mason Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Other Operating Expense

Get a 7-Day Free Trial

201.39

245.79

306.96

262.71

231.95

Legg Mason Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Other Operating Expense	Get a 7-Day Free Trial															57.96	54.70	54.93	64.36	59.56

Legg Mason Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense 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 $234 Mil.

Legg Mason Other Operating Expense Related Terms

Thank you for viewing the detailed overview of Legg Mason's Other Operating Expense 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 » Other Operating Expense

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.