JONES LANG LASALLE INC JLL

Real estate SIC 6531 - Real Estate Agents & Managers (For Others) NYSE

Jones Lang LaSalle Incorporated, incorporated in 1997, is a Maryland corporation. References to "JLL," "the Company," "we," "us" and "our" refer to Jones Lang LaSalle Incorporated and include all of its consolidated subsidiaries, unless otherwise indicated or the context requires otherwise. Our common stock is listed on The New York Stock Exchange ("NYSE") under the symbol "JLL."

JLL is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of December 31, 2025. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Our clients vary greatly in size and include for-profit and not-for-profit entities, public-private partnerships and governmental ("public sector") entities. Through LaSalle Investment Management (also referred to as "LaSalle" or our "Investment Management" segment), we invest for clients on a global basis in both private assets and publicly traded real estate securities.

Last close 362.36 2026-09-04
Market cap $16.67B 2026-06-30 share count
52-week range 259.83 - 393.84

Valuation FY2025 figures against the last close

P/S0.6x
P/E22.1x
P/FCF14.0x
EV/EBITDA12.8x
Dividend yield
Diluted EPS16.40

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $26.12B$23.43B$20.76B$20.86B$19.37B$16.59B$17.98B$16.32B$14.45B$12.99B
Total operating expenses $25.02B$22.56B$20.18B$19.99B$18.32B$16.03B$17.27B$15.61B$13.91B$12.54B
Operating income $1.10B$868.1M$576.5M$868.1M$1.04B$559.1M$715.4M$706.9M$545.9M$455.7M
Interest expense $107.3M$136.9M$135.4M$75.2M$40.1M$52.8M$56.4M$51.1M$56.2M$45.3M
Pre-tax income $981.7M$679.3M$251.9M$994.2M$1.22B$529.6M$697.6M$706.0M$535.8M$463.7M
Income tax $189.5M$132.5M$25.7M$200.8M$264.3M$106.9M$159.7M$214.3M$256.3M$117.8M
Net income $792.0M$547.0M$225.0M$655.0M$962.0M$402.5M$535.3M$484.5M$276.4M$329.7M
EPS, basic 16.7311.514.7313.5118.897.7910.9810.646.097.29
EPS, diluted 16.4011.304.6713.2718.477.7010.8710.546.037.23
Shares, diluted (wtd. avg.) $48.3M$48.4M$48.3M$49.3M$52.1M$52.3M$49.2M$45.9M$45.8M$45.5M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $599.1M$416.3M$663.4M$746.0M$841.6M$839.8M$652.1M$634.2M$471.7M$454.0M
Receivables $2.30B$2.15B$2.10B$2.15B$2.00B$1.64B$2.03B$1.85B
Total current assets $8.18B$7.48B$6.86B$6.57B$6.39B$6.45B$5.87B$5.21B
Property, plant and equipment $630.6M$598.1M$613.9M$582.9M$740.0M$663.9M$701.9M$567.9M
Goodwill $4.71B$4.61B$4.59B$4.53B$4.61B$4.22B$4.17B$2.70B$2.71B
Other intangibles $666.7M$724.1M$785.0M$858.5M$887.0M$679.8M$682.6M$336.9M
Total assets $17.80B$16.76B$16.06B$15.59B$15.51B$14.32B$13.67B$10.03B
Accounts payable $1.40B$1.32B$1.41B$1.24B$1.26B$1.23B$1.29B$1.26B
Short-term debt $0$274.7M$0$120.1M$32.7M
Total current liabilities $7.39B$7.14B$6.45B$5.91B$6.49B$6.13B$5.49B$4.76B
Total liabilities $10.18B$9.87B$9.65B$9.44B$9.08B$8.70B$8.46B$6.29B
Retained earnings $7.11B$6.33B$5.80B$5.59B$4.94B$3.98B$3.59B$3.10B
Total equity $7.50B$6.77B$6.41B$6.14B$6.41B$5.61B$5.20B$3.73B$3.38B$2.89B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $1.19B$785.3M$575.8M$199.9M$972.4M$1.11B$483.8M$604.1M$798.7M$222.6M
Depreciation and amortisation $201.8M$189.5M$168.7M$157.7M$164.2M$169.3M$157.6M$156.5M$136.0M$117.7M
Stock-based compensation $2.7M$2.3M$3.4M$6.1M$17.8M$36.7M$28.0M$0
Capital expenditure $47.1M$2.3M$99.8M
Investing cash flow -$336.6M-$316.8M-$290.4M-$243.1M-$805.8M-$170.6M-$1.05B-$280.4M-$170.8M-$805.5M
Financing cash flow -$643.2M-$451.2M-$374.3M-$13.1M-$143.8M-$771.2M$584.6M-$141.3M-$623.5M$636.4M
Dividends paid $0$0$42.7M$37.8M$33.1M$29.4M
Buybacks $211.5M$80.7M$61.6M$601.2M$343.3M$100.0M$0$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001037976-26-000099.

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