Jones Lang LaSalle Inc (JLL)

Jones Lang LaSalle Incorporated operates as a commercial real estate and investment management company. It engages in buying, building, occupying, managing, and investing in office, industrial, hotel, multi-family, retail and data center properties in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company also offers agency leasing, tenant representation, property management, advisory, and consulting services; and debt advisory, loan sales and servicing, value and risk advisory, equity and funds placement, merger and acquisition, corporate advisory, and investment sales and advisory services. In addition, it provides on-site real estate management services for office, industrial, retail, multifamily residential, and other properties; cloud-based software solutions; integrated facilities management, space planning, office design, and workplace strategy consulting services; program and project management, implementation and support, managed services, and advisory/consulting services; and investment management services to institutional investors and high-net-worth individuals, as well as designing, building, management, and consulting services to tenants of leased space, owners in self-occupied buildings, and owners of real estate investments. It provides its services to real estate owners, occupiers, investors, and developers for various property types, including critical environments and data centers, offices, industrial and warehouses, residential properties, infrastructure projects, retail and shopping malls, logistics, and military housing and transportation centers; and hotels and hospitality, cultural, educational, government, healthcare and laboratory, and sports facilities. The company was formerly known as LaSalle Partners Incorporated and changed its name to Jones Lang LaSalle Incorporated in March 1999. Jones Lang LaSalle Incorporated was incorporated in 1997 and is headquartered in Chicago, Illinois.

Symbol
JLL
Exchange
NYSE
Sector
Real Estate
Industry
Real Estate Services
Market cap
$15.43B
52 week range
259.83 - 393.84

Valuation

Share price
$324.06 (close of 2026-09-23)
P/E (TTM)
15.77x
Price to book
2.03x
Price to free cash flow
11.33x
Enterprise value
$18.19B
Book value per share
$165.20

Price performance

PeriodChange
1 day-4.71%
5 days-4.98%
1 month-16.34%
3 months+8.40%
6 months+8.16%
Year to date-3.69%
1 year+3.46%
3 years+126.19%
5 years+31.17%
10 years+176.41%
All time+1024.82%

Profitability and growth

Return on equity
10.39%
Return on invested capital
9.45%
Return on assets
4.45%
Return on capital employed
10.54%
Gross margin
4.20%
Net margin
3.03%
EBITDA margin
5.17%
Revenue growth
11.45%
Net income growth
44.86%
Free cash flow growth
52.06%

Cash flow and balance sheet

Free cash flow yield (TTM)
8.83%
Current ratio
1.13x
Net debt to EBITDA
1.76x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$26.12B
Cost of revenue
$25.02B
Gross profit
$1.10B
EBITDA
$1.35B
Net income
$792.10M
Earnings per share
$16.73
Shares outstanding
47.35M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$26.12B$1.10B$792.10M$16.73
2024-12-31$23.43B$868.10M$546.80M$11.51
2023-12-31$20.76B$576.50M$225.40M$4.73
2022-12-31$20.86B$868.10M$654.50M$13.51
2021-12-31$19.37B$1.04B$961.60M$18.89
2020-12-31$16.59B$559.10M$402.50M$7.79
2019-12-31$17.98B$715.40M$535.30M$10.98
2018-12-31$16.32B$706.90M$484.50M$10.64
2017-12-31$14.45B$545.90M$276.40M$6.09
2016-12-31$12.99B$455.70M$329.70M$7.29

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-314.20%3.03%10.39%9.45%
2024-12-313.70%2.33%7.93%7.81%
2023-12-312.78%1.09%3.52%6.04%
2022-12-314.16%3.14%10.66%7.62%
2021-12-315.39%4.97%14.99%11.19%
2020-12-313.37%2.43%7.17%7.67%
2019-12-313.98%2.98%10.28%9.60%
2018-12-314.33%2.97%12.97%14.99%
2017-12-313.78%1.91%8.18%9.09%
2016-12-313.51%2.54%11.41%11.29%

Cash and debt by year

Period endCashDebt
2025-12-31$599.10M-
2024-12-31$416.30M-
2023-12-31$410.00M-
2022-12-31$519.30M-
2021-12-31$593.70M-
2020-12-31$574.30M-
2019-12-31$451.90M-
2018-12-31$480.90M-
2017-12-31$268.00M-
2016-12-31$258.50M$272.70M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$1.19B$2.70M
2024-12-31$785.30M$2.30M
2023-12-31$575.80M$3.40M
2022-12-31$199.90M$6.10M
2021-12-31$972.40M$17.80M
2020-12-31$1.11B$36.70M
2019-12-31$483.80M$28.00M
2018-12-31$557.00M-
2017-12-31$796.40M$25.20M
2016-12-31$122.80M$26.90M

Dividend history

Most recent payment
2019-11-14
Payment dateDividend per share
2019-11-14$0.43
2019-05-16$0.43
2018-11-15$0.41
2018-05-17$0.41
2017-11-15$0.37
2017-05-11$0.35
2016-11-10$0.33
2016-05-11$0.31

Investor relations

Next earnings report

Next confirmed report
2026-11-04
Consensus EPS estimate
$6.01

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-30Jun/2026$4.41
2026-04-30--
2026-02-18--
2025-11-05--
2025-08-06--
2025-05-07--
2025-02-19--
2024-11-06--

Filings and sources

Company website
jll.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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