JLL Stock Analysis: Jones Lang LaSalle | NYSE

Real Estate Services | NYSE, USA | Market Cap: 15.052m USD | 12M Return: 25.9% | Charts, Fundamentals & Technical Analysis

Commercial Real Estate, Investment Management, Property Management, Advisory
Total Rating 53
Safety 84
Buy Signal -0.17
Real Estate Services
Industry Rotation: +5.3
Market Cap: 15.1B
Avg Turnover: 113M
Risk 3d forecast
Volatility32.2%
VaR 5th Pctl5.26%
VaR vs Median-0.71%
Reward TTM
Sharpe Ratio0.72
Rel. Str. IBD40.9
Rel. Str. Peer Group59.5
Character TTM
Beta1.044
Beta Downside1.031
Hurst Exponent0.442
Drawdowns 3y
Max DD30.59%
CAGR/Max DD0.79
CAGR/Mean DD3.05
EPS (Earnings per Share) EPS (Earnings per Share) of JLL over the last years for every Quarter: "2021-06": 4.2, "2021-09": 4.56, "2021-12": 8.66, "2022-03": 3.47, "2022-06": 4.48, "2022-09": 3.4, "2022-12": 4.36, "2023-03": 0.65, "2023-06": 0.5, "2023-09": 2.01, "2023-12": 4.23, "2024-03": 1.78, "2024-06": 2.55, "2024-09": 3.5, "2024-12": 6.15, "2025-03": 2.31, "2025-06": 3.3, "2025-09": 4.5, "2025-12": 8.71, "2026-03": 3.43,
EPS CAGR: 45.17%
EPS Trend: 96.1%
Last SUE: 0.83
Qual. Beats: 0
Revenue Revenue of JLL over the last years for every Quarter: 2021-06: 4495, 2021-09: 4889.2, 2021-12: 5945.7, 2022-03: 4801.4, 2022-06: 5278.4, 2022-09: 5177.5, 2022-12: 5604.8, 2023-03: 4715.5, 2023-06: 5052.5, 2023-09: 5111.4, 2023-12: 5881.4, 2024-03: 5124.5, 2024-06: 5628.7, 2024-09: 5868.8, 2024-12: 6810.9, 2025-03: 5746.4, 2025-06: 6250.1, 2025-09: 6510.4, 2025-12: 7608.7, 2026-03: 6386.5,
Rev. CAGR: 11.19%
Rev. Trend: 99.0%
Last SUE: 0.21
Qual. Beats: 0

Warnings

Choppy

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan +1.8% 14
Feb +0.1% 0
Mar -4.7% 56
Apr +0.7% 11
May -4.2% 27
Jun +1.6% 2
Jul +6.3% 42
Aug -0.4% 5
Sep -5.3% 40
Oct +1.6% 6
Nov +9.8% 54
Dec +0.5% 21

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: JLL Jones Lang LaSalle

Jones Lang LaSalle Incorporated (JLL) is a global commercial real estate and investment management company headquartered in Chicago, Illinois. The firm offers a comprehensive suite of services spanning the full real estate lifecycle, including agency leasing, tenant representation, property management, advisory and consulting, debt advisory, loan sales and servicing, merger and acquisition advisory, equity placement, and investment sales. It also delivers on-site real estate management, integrated facilities management, workplace strategy consulting, program and project management, and investment management services for institutional investors and high-net-worth individuals. JLL serves real estate owners, occupiers, investors, and developers across diverse property types, including offices, industrial and logistics facilities, retail, multifamily residential, data centers, hotels, healthcare facilities, and specialized infrastructure such as military housing and transportation centers.

The company was originally incorporated in 1997 as LaSalle Partners Incorporated before adopting its current name in March 1999. As a large-cap constituent of the Real Estate sector within the GICS classification, JLL operates across the Americas, Europe, the Middle East, Africa, and Asia Pacific. The commercial real estate services industry in which JLL operates is typically characterized by diversified revenue streams derived from transaction-based fees, recurring property and facilities management contracts, and performance-based compensation on investment management mandates, with firms often scaling through global client relationships and integrated service offerings.

Headlines to Watch Out For
  • Capital Markets revenue pressured by elevated interest rates
  • Office leasing demand weakens amid persistent hybrid work trends
  • LaSalle Investment Management AUM grows on private credit inflows
Piotroski VR-10 (Strict) 6.5
Net Income: 895.8m TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA 2.37 > 1.0
NWC/Revenue: 3.43% < 20% (prev 2.52%; Δ 0.91% < -1%)
CFO/TA 0.07 > 3% & CFO 1.21b > Net Income 895.8m
Net Debt (3.65b) to EBITDA (1.38b): 2.64 < 3
Current Ratio: 1.12 > 1.5 & < 3
Outstanding Shares: last quarter (47.8m) vs 12m ago -1.19% < -2%
Gross Margin: 65.91% > 18% (prev 51.69%; Δ 14.21% > 0.5%)
Asset Turnover: 155.0% > 50% (prev 144.6%; Δ 10.38% > 0%)
Interest Coverage Ratio: 11.46 > 6 (EBIT TTM 1.14b / Interest Expense TTM 99.7m)
Altman Z'' 2.83
A: 0.05 (Total Current Assets 8.30b - Total Current Liabilities 7.39b) / Total Assets 17.9b
B: 0.40 (Retained Earnings 7.23b / Total Assets 17.9b)
C: 0.07 (EBIT TTM 1.14b / Avg Total Assets 17.3b)
D: 0.70 (Book Value of Equity 7.31b / Total Liabilities 10.5b)
Altman-Z'' = 2.83 = A
Beneish M -3.71
DSRI: 0.87 (Receivables 2.26b/2.33b, Revenue 26.8b/24.1b)
GMI: 0.78 (GM 51.69% / 65.91%)
AQI: 0.22 (AQ_t 0.11 / AQ_t-1 0.49)
SGI: 1.11 (Revenue 26.8b / 24.1b)
TATA: -0.02 (NI 895.8m - CFO 1.21b) / TA 17.9b)
Beneish M = -3.71 (Cap -4..+1) = AAA
What is the price of JLL shares?

As of July 14, 2026, the stock is trading at USD 321.95 with a total of 259,185 shares traded. Over the past week, the price has changed by -2.40%, over one month by +7.95%, over three months by -0.80% and over the past year by +25.88%.

Current recommended Stop Loss: 301.50 (which is 6.4% or 2.1 ATR below the current price).

Is JLL a buy, sell or hold?

Jones Lang LaSalle has received a consensus analysts rating of 4.30. Therefore, it is recommended to buy JLL.

  • StrongBuy: 5
  • Buy: 3
  • Hold: 2
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the JLL price?
Analysts Target Price 388.3 20.6%
Jones Lang LaSalle (JLL) - Fundamental Data Overview as of 13 July 2026
Market Cap USD = 15.1b (15.1b USD * 1.0 USD.USD)
P/E Trailing = 17.4524
P/E Forward = 14.6843
P/S = 0.5626
P/B = 2.06
P/EG = 1.0261
Revenue TTM = 26.8b USD
EBIT TTM = 1.14b USD
EBITDA TTM = 1.38b USD
Long Term Debt = 1.13b USD (from longTermDebt, last quarter)
Short Term Debt = 2.11b USD (from shortTermDebt, last quarter)
Debt = 4.87b USD (from shortLongTermDebtTotal, last quarter) + Leases 899.3m
Net Debt = 3.65b USD (calculated: Debt 4.87b - CCE 1.22b)
Enterprise Value = 18.7b USD (15.1b + Debt 4.87b - CCE 1.22b)
Interest Coverage Ratio = 11.46 (Ebit TTM 1.14b / Interest Expense TTM 99.7m)
EV/FCF = 19.27x (Enterprise Value 18.7b / FCF TTM 970.7m)
FCF Yield = 5.19% (FCF TTM 970.7m / Enterprise Value 18.7b)
FCF Margin = 3.63% (FCF TTM 970.7m / Revenue TTM 26.8b)
Net Margin = 3.35% (Net Income TTM 895.8m / Revenue TTM 26.8b)
Gross Margin = 65.91% ((Revenue TTM 26.8b - Cost of Revenue TTM 9.12b) / Revenue TTM)
Gross Margin QoQ = none% (prev 63.43%)
Tobins Q-Ratio = 1.05 (Enterprise Value 18.7b / Total Assets 17.9b)
Interest Expense / Debt = 2.05% (Interest Expense 99.7m / Debt 4.87b)
Taxrate = 19.28% (213.6m / 1.11b)
NOPAT = 922.5m (EBIT 1.14b * (1 - 19.28%))
Current Ratio = 1.12 (Total Current Assets 8.30b / Total Current Liabilities 7.39b)
Debt / Equity = 0.67 (Debt 4.87b / totalStockholderEquity, last quarter 7.31b)
Debt / EBITDA = 2.64 (Net Debt 3.65b / EBITDA 1.38b)
Debt / FCF = 3.76 (Net Debt 3.65b / FCF TTM 970.7m)
Total Stockholder Equity = 7.26b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.19% (Net Income 895.8m / Total Assets 17.9b)
RoE = 12.35% (Net Income TTM 895.8m / Total Stockholder Equity 7.26b)
RoCE = 13.63% (EBIT 1.14b / Capital Employed (Equity 7.26b + L.T.Debt 1.13b))
RoIC = 8.10% (NOPAT 922.5m / Invested Capital 11.4b)
WACC = 7.69% (E(15.1b)/V(19.9b) * Re(9.65%) + D(4.87b)/V(19.9b) * Rd(2.05%) * (1-Tc(0.19)))
Discount Rate = 9.65% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -20.0 | Cagr: -0.48%
[DCF] Terminal Value 77.97% ; FCFF base≈785.8m ; Y1≈900.8m ; Y5≈1.33b
[DCF] Fair Price = 351.3 (EV 19.9b - Net Debt 3.65b = Equity 16.3b / Shares 46.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 96.12 | EPS CAGR: 45.17% | SUE: 0.83 | # QB: 0
Revenue Correlation: 99.03 | Revenue CAGR: 11.19% | SUE: 0.21 | # QB: 0
EPS current Quarter (2026-06-30): EPS=4.54 | Chg30d=+0.13% | Revisions=+0% | Analysts=10
EPS next Quarter (2026-09-30): EPS=5.47 | Chg30d=-0.09% | Revisions=+0% | Analysts=10
EPS current Year (2026-12-31): EPS=22.99 | Chg30d=-0.05% | Revisions=+57% | GrowthEPS=+22.3% | GrowthRev=+10.0%
EPS next Year (2027-12-31): EPS=26.45 | Chg30d=+1.22% | Revisions=+67% | GrowthEPS=+15.0% | GrowthRev=+6.4%
[Analyst] Revisions Ratio: +77% (up=10, down=0)