(JLL) Jones Lang LaSalle - Overview
Sector: Real Estate | Industry: Real Estate Services | Exchange: NYSE (USA) | Market Cap: 13.431m USD | Total Return: 29.8% in 12m
Avg Turnover: 109M
EPS Trend: 96.1%
Qual. Beats: 2
Rev. Trend: 99.0%
Qual. Beats: 0
Warnings
Choppy Below Avwap Earnings
Tailwinds
Confidence
Jones Lang LaSalle Incorporated (JLL) is a global commercial real estate services and investment management firm headquartered in Chicago. The company operates across the Americas, EMEA, and Asia Pacific, providing a full suite of services including agency leasing, property management, capital markets advisory, and integrated facilities management. Its portfolio spans diverse asset classes such as industrial, data centers, healthcare, and multifamily residential properties.
The business model relies heavily on a diversified revenue stream consisting of fee-based services and investment management for institutional clients. In the commercial real estate sector, firms like JLL function as intermediaries, leveraging global scale to provide localized market intelligence and specialized technical consulting for complex infrastructure projects. Investors may find it useful to examine ValueRay for deeper insights into the companys valuation metrics.
JLL also integrates technology through cloud-based software solutions and workplace strategy consulting to optimize tenant occupancy and building efficiency. By managing the entire lifecycle of a property-from site selection and project management to investment sales and debt advisory-the firm captures value at multiple touchpoints within the real estate ecosystem.
- Global interest rate volatility impacts transaction volumes and capital markets revenue
- Corporate outsourcing trends drive demand for integrated facilities management services
- Institutional capital allocations to commercial real estate influence investment management fees
- Global office vacancy rates and hybrid work adoption affect leasing commissions
- Property technology investments and digital transformation impact long-term operating margins
| 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 (1.47b): 2.48 < 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 0.52%; Δ 6.54k% > 0.5%) |
| Asset Turnover: 155.0% > 50% (prev 144.6%; Δ 10.38% > 0%) |
| Interest Coverage Ratio: 12.39 > 6 (EBITDA TTM 1.47b / Interest Expense TTM 99.7m) |
| 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 1.23b / Avg Total Assets 17.3b) |
| D: 0.64 (Book Value of Equity 6.64b / Total Liabilities 10.5b) |
| Altman-Z'' = 2.80 = A |
| DSRI: 0.87 (Receivables 2.26b/2.33b, Revenue 26.8b/24.1b) |
| GMI: 0.78 (GM 65.91% / 51.69%) |
| 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 = -3.72 (Cap -4..+1) = AAA |
As of May 29, 2026, the stock is trading at USD 285.68 with a total of 352,459 shares traded.
Over the past week, the price has changed by -2.51%,
over one month by -16.36%,
over three months by -9.47% and
over the past year by +29.84%.
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
| Analysts Target Price | 384.8 | 34.7% |
P/E Trailing = 15.5734
P/E Forward = 13.089
P/S = 0.502
P/B = 1.8382
P/EG = 0.9157
Revenue TTM = 26.8b USD
EBIT TTM = 1.23b USD
EBITDA TTM = 1.47b 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 = 17.1b USD (13.4b + Debt 4.87b - CCE 1.22b)
Interest Coverage Ratio = 12.39 (Ebit TTM 1.23b / Interest Expense TTM 99.7m)
EV/FCF = 17.60x (Enterprise Value 17.1b / FCF TTM 970.7m)
FCF Yield = 5.68% (FCF TTM 970.7m / Enterprise Value 17.1b)
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 = 0.95 (Enterprise Value 17.1b / Total Assets 17.9b)
Interest Expense / Debt = 2.05% (Interest Expense 99.7m / Debt 4.87b)
Taxrate = 19.29% (38.1m / 197.5m)
NOPAT = 996.6m (EBIT 1.23b * (1 - 19.29%))
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 = 2.48 (Net Debt 3.65b / EBITDA 1.47b)
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 = 14.72% (EBIT 1.23b / Capital Employed (Equity 7.26b + L.T.Debt 1.13b))
RoIC = 8.75% (NOPAT 996.6m / Invested Capital 11.4b)
WACC = 7.67% (E(13.4b)/V(18.3b) * Re(9.86%) + D(4.87b)/V(18.3b) * Rd(2.05%) * (1-Tc(0.19)))
Discount Rate = 9.86% (= 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: 0.85 | # QB: 2
Revenue Correlation: 99.03 | Revenue CAGR: 11.19% | SUE: 0.21 | # QB: 0
EPS current Quarter (2026-06-30): EPS=4.56 | Chg30d=+3.90% | Revisions=+50% | Analysts=9
EPS next Quarter (2026-09-30): EPS=5.48 | Chg30d=+1.90% | Revisions=+33% | Analysts=9
EPS current Year (2026-12-31): EPS=22.92 | Chg30d=+3.32% | Revisions=+62% | GrowthEPS=+21.9% | GrowthRev=+9.3%
EPS next Year (2027-12-31): EPS=26.03 | Chg30d=+3.55% | Revisions=+60% | GrowthEPS=+13.6% | GrowthRev=+6.0%
[Analyst] Revisions Ratio: +62%