Jones Lang LaSalle Incorporated

JLL Real Estate Real Estate Services

Jones Lang LaSalle Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $26.1 billion, up 11.4% from fiscal 2024. In the quarter to June 2026, revenue grew 10.8%, EPS grew 97.5%, free cash flow grew 51.9% and total debt fell 16.9%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.

305.51 5.28 −1.70%
Market cap
$14.3B
P/E
14.3×
Fwd P/E
13.2×
Dividend yield
—
F-score
9/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
P/E ratio
20.06 22.03 39.43 12.03 14.21 18.97 16.27 11.91 27.79 14.54
Piotroski F-Score
9 9 7 6 6 6 3 6 6 4
P/S ratio
0.61 0.51 0.43 0.38 0.71 0.46 0.47 0.35 0.48 0.36
P/FCF ratio
16.28 20.04 22.89 0.00 17.22 7.94 28.61 13.03 10.78 0.00
P/Operating CF
15.75 12.96 12.20 13.08 18.00 10.20 11.52 9.53 13.39 12.35
P/B ratio
2.09 1.74 1.39 1.28 2.14 1.37 1.63 1.54 2.07 1.64
Price to Tangible BV
7.08 7.71 8.58 10.41 14.99 10.87 23.93 8.23 19.17 0.00
EV/Sales
0.62 0.55 0.48 0.44 0.73 0.47 0.52 0.37 0.52 0.43
EV/EBITDA
11.02 10.44 11.17 7.67 10.37 9.03 13.02 8.45 13.67 12.36
EV/Operating CF
13.59 16.31 17.42 45.55 14.48 7.04 19.25 9.88 9.34 25.30
EV/FCF
16.58 21.35 25.79 (1,543.24) 17.67 8.13 31.47 13.50 11.53 (94.82)
Quick Ratio
2.10 1.87 1.80 1.74 1.59 1.99 1.57 1.65 1.66 1.43
Current Ratio
2.23 2.00 1.94 1.88 1.70 2.17 1.72 1.65 1.66 1.59
Net Debt/EBITDA
0.20 0.64 1.26 1.04 0.27 0.21 0.85 0.22 0.66 1.61
Debt/Assets
5.00% 7.15% 9.57% 11.23% 6.17% 5.28% 9.49% 6.87% 8.13% 16.61%
Debt/Equity
0.12 0.17 0.24 0.29 0.15 0.13 0.25 0.18 0.22 0.45
Asset Turnover
1.51 1.43 1.31 1.34 1.30 1.19 1.52 1.69 1.71 1.88
Operating CF/Net income
1.51 1.44 2.55 0.31 1.01 2.77 0.91 1.25 2.89 0.68
Capex/Depreciation
(0.58) (0.52) (0.58) (0.65) (0.56) (0.48) (0.68) (0.74) (0.79) (1.64)
Interest Coverage
10.23 6.34 4.26 11.54 26.02 10.59 12.68 13.83 9.71 10.06
ROE
10.91% 8.22% 3.59% 10.43% 16.00% 7.44% 11.96% 13.61% 8.91% 11.90%
ROA
4.58% 3.33% 1.42% 4.21% 6.45% 2.88% 4.51% 5.02% 3.27% 4.77%
ROIC
8.67% 7.07% 4.78% 7.36% 9.62% 6.03% 7.39% 11.21% 8.83% 7.45%
Return on Tangible Assets
16.37% 13.53% 6.13% 19.42% 30.43% 10.48% 17.99% 19.86% 12.59% 19.31%
Average Days of Receivables
91.94 93.67 95.97 86.58 91.92 106.88 90.99 95.90 97.74 74.39
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
48.88% 48.19% 48.53% 46.26% 43.82% 47.94% 17.33% 18.08% 18.00% 16.97%
Intangible Assets out of Total Assets
0.30 0.32 0.33 0.35 0.35 0.34 0.35 0.30 0.33 0.38
Share Based Compensation of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Graham Net Nets
(0.16) (0.25) (0.38) (0.45) (0.24) (0.37) (0.36) (0.26) (0.25) (0.34)
Graham Number
246.47 193.73 119.81 196.30 231.74 138.20 160.49 140.08 96.40 99.37
Earnings Yield
4.98% 4.54% 2.54% 8.31% 7.04% 5.27% 6.15% 8.40% 3.60% 6.88%
Free Cash Flow Yield
6.14% 4.99% 4.37% (0.07%) 5.81% 12.59% 3.50% 7.67% 9.28% (1.28%)
Revenue per Share
551.53 493.40 435.89 430.56 380.36 320.99 369.67 358.51 318.94 287.71
Operating CF per Share
25.22 16.54 12.09 4.13 19.10 21.57 9.95 13.27 17.63 4.93
Capex per Share
(4.55) (3.91) (3.92) (4.25) (3.45) (2.89) (3.86) (3.56) (3.34) (6.25)
Free Cash Flow per Share
20.66 12.63 8.17 (0.12) 15.64 18.68 6.08 9.72 14.28 (1.32)
Cash per Share
12.65 8.77 8.61 10.72 11.66 11.11 9.29 10.57 5.91 5.72
Shareholders Equity per Share
160.99 145.18 134.58 126.77 125.96 108.55 106.99 82.05 74.55 62.34
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
160.99 145.18 134.58 126.77 125.96 108.55 106.99 82.05 74.55 62.34
Free Cash Flow
978.50 599.80 388.90 (5.90) 796.50 965.30 296.00 442.20 647.30 (59.40)
Working Capital
4,207.30 3,442.80 3,062.20 2,786.80 2,420.10 3,176.90 2,268.80 1,870.00 1,648.60 1,204.00
Capital Expenditures
(215.60) (185.50) (186.90) (205.80) (175.90) (149.40) (187.80) (161.90) (151.40) (282.00)
Net Current Asset Value
(2,550.60) (2,981.60) (3,339.80) (3,513.60) (3,231.30) (2,804.60) (3,060.40) (1,522.40) (1,738.00) (1,581.70)
EV/EBIT
14.78 14.75 17.40 10.49 13.49 14.04 13.02 8.45 13.67 12.36
Capex to Sales
0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.02
Price to Operating Income
14.51 13.85 15.44 9.07 13.14 13.72 11.84 8.15 12.78 10.15
Other line items
Depreciation/Fixed assets
0.59 0.60 0.52 0.55 0.42 0.47 0.39 0.38 0.35 0.34
Cash ROIC
10.74% 7.05% 4.65% (0.07%) 10.00% 13.91% 4.26% 9.02% 14.72% (1.37%)
Accounts Receivable Turnover
4.15 4.09 3.99 4.25 3.98 3.55 4.10 4.00 4.43 5.44
Accounts Payable Turnover
8.77 8.06 7.39 8.01 7.65 6.12 10.79 11.03 12.08 12.99
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Days of Payables
42.80 43.91 52.55 45.09 48.34 58.23 34.19 37.02 32.63 30.52
Days of Inventory on Hand
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Receivables
6,296.15 5,736.30 5,203.75 4,913.05 4,867.50 4,670.25 4,385.25 4,078.95 3,259.00 2,386.40
Average Payables
1,360.40 1,364.70 1,321.75 1,249.80 1,246.30 1,259.60 1,275.40 1,127.25 919.65 779.40
Average Assets
17,282.45 16,414.30 15,829.25 15,549.35 14,910.75 13,994.55 11,849.05 9,639.95 8,441.90 6,908.25
Average Common Equity
7,259.05 6,652.50 6,276.20 6,277.95 6,011.70 5,407.35 4,469.60 3,556.35 3,096.45 2,766.50

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Columns are period end dates