JLL Stock Analysis: Jones Lang LaSalle | NYSE
Real Estate Services | NYSE, USA | Market Cap: 16.938m USD | 12M Return: 24.9% | US48020Q1076 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 176M
EPS Trend: 98.4%
Qual. Beats: 2
Rev. Trend: 99.9%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 11.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
Jones Lang LaSalle Incorporated (JLL) is a global commercial real estate and investment management company headquartered in Chicago, Illinois. The firm operates across the Americas, Europe, the Middle East, Africa, and Asia Pacific, serving clients across a broad spectrum of property types including offices, industrial facilities, hotels, multi-family residential, retail, and data centers. Founded as LaSalle Partners Incorporated in 1997 and rebranded under its current name in March 1999, JLL is recognized as one of the Big Four global commercial real estate services firms.
JLLs business spans the full real estate lifecycle, offering agency leasing, tenant representation, property management, advisory, and consulting services. It also provides capital markets services such as debt advisory, loan sales and servicing, equity and funds placement, merger and acquisition advisory, and investment sales. Beyond transactional services, the company delivers on-site real estate management, cloud-based software solutions, integrated facilities management, space planning, workplace strategy consulting, and program/project management.
The company also operates a substantial investment management business, serving institutional investors and high-net-worth individuals, and provides specialized services to owners, occupiers, investors, and developers across diverse sectors including critical environments, infrastructure, logistics, military housing, transportation centers, hospitality, healthcare, education, and sports facilities. Classified within the GICS Real Estate sector under the Real Estate Development sub-industry, JLL combines traditional brokerage services with recurring revenue streams from property management and investment management.
- Capital markets revenue recovers as Fed cuts rates
- Investment management AUM growth drives recurring fee income
- Office leasing weakness pressures brokerage transaction volumes
| Net Income: 1.10b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 1.38 > 1.0 |
| NWC/Revenue: 3.21% < 20% (prev 2.71%; Δ 0.49% < -1%) |
| CFO/TA 0.07 > 3% & CFO 1.36b > Net Income 1.10b |
| Net Debt (2.47b) to EBITDA (1.66b): 1.48 < 3 |
| Current Ratio: 1.12 > 1.5 & < 3 |
| Outstanding Shares: last quarter (46.7m) vs 12m ago -3.43% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 159.3% > 50% (prev 147.4%; Δ 11.88% > 0%) |
| Interest Coverage Ratio: 17.68 > 6 (EBIT TTM 1.44b / Interest Expense TTM 81.3m) |
| A: 0.05 (Total Current Assets 8.54b - Total Current Liabilities 7.63b) / Total Assets 18.2b |
| B: 0.43 (Retained Earnings 7.76b / Total Assets 18.2b) |
| C: 0.08 (EBIT TTM 1.44b / Avg Total Assets 17.7b) |
| D: 0.74 (Book Value of Equity 7.67b / Total Liabilities 10.4b) |
| Altman-Z'' = 3.03 = A |
| DSRI: 0.88 (Receivables 2.29b/2.34b, Revenue 28.2b/25.3b) |
| GMI: 0.52 (GM 51.15% / 99.10%) |
| AQI: 0.97 (AQ_t 0.46 / AQ_t-1 0.48) |
| SGI: 1.11 (Revenue 28.2b / 25.3b) |
| TATA: -0.01 (NI 1.10b - CFO 1.36b) / TA 18.2b) |
| Beneish M = -3.50 (Cap -4..+1) = AAA |
As of November 11, 2026, the stock is trading at USD 374.37 with a total of 451,207 shares traded. Over the past week, the price has changed by -0.03%, over one month by +25.59%, over three months by +4.76% and over the past year by +24.89%.
Current recommended Stop Loss: 358.00 (which is 4.4% or 1.2 ATR below the current price).
Jones Lang LaSalle has received a consensus analysts rating of 4.17. Therefore, it is recommended to buy JLL.
- StrongBuy: 6
- Buy: 2
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 415.9 | 11.1% |
P/E Trailing = 16.0798
P/E Forward = 11.2994
P/S = 0.6005
P/B = 2.2083
P/EG = 0.9114
Revenue TTM = 28.2b USD
EBIT TTM = 1.44b USD
EBITDA TTM = 1.66b USD
Long Term Debt = 836.3m USD (from longTermDebt, last quarter)
Short Term Debt = 687.3m USD (from shortTermDebt, last quarter)
Debt = 2.98b USD (from shortLongTermDebtTotal, last quarter) + Leases 808.9m
Net Debt = 2.47b USD (calculated: Debt 2.98b - CCE 514.3m)
Enterprise Value = 19.4b USD (16.9b + Debt 2.98b - CCE 514.3m)
Interest Coverage Ratio = 17.68 (Ebit TTM 1.44b / Interest Expense TTM 81.3m)
EV/FCF = 15.81x (Enterprise Value 19.4b / FCF TTM 1.23b)
FCF Yield = 6.32% (FCF TTM 1.23b / Enterprise Value 19.4b)
FCF Margin = 4.35% (FCF TTM 1.23b / Revenue TTM 28.2b)
Net Margin = 3.89% (Net Income TTM 1.10b / Revenue TTM 28.2b)
Gross Margin = unknown ((Revenue TTM 28.2b - Cost of Revenue TTM 252.8m) / Revenue TTM)
Tobins Q-Ratio = 1.06 (Enterprise Value 19.4b / Total Assets 18.2b)
Interest Expense / Debt = 2.73% (Interest Expense 81.3m / Debt 2.98b)
Taxrate = 19.30% (261.7m / 1.36b)
NOPAT = 1.16b (EBIT 1.44b * (1 - 19.30%))
Current Ratio = 1.12 (Total Current Assets 8.54b / Total Current Liabilities 7.63b)
Debt / Equity = 0.39 (Debt 2.98b / totalStockholderEquity, last quarter 7.67b)
Debt / EBITDA = 1.48 (Net Debt 2.47b / EBITDA 1.66b)
Debt / FCF = 2.01 (Net Debt 2.47b / FCF TTM 1.23b)
Total Stockholder Equity = 7.49b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.19% (Net Income 1.10b / Total Assets 18.2b)
RoE = 14.64% (Net Income TTM 1.10b / Total Stockholder Equity 7.49b)
RoCE = 17.27% (EBIT 1.44b / Capital Employed (Equity 7.49b + L.T.Debt 836.3m))
RoIC = 10.76% (NOPAT 1.16b / Invested Capital 10.8b)
WACC = 7.88% (E(16.9b)/V(19.9b) * Re(8.88%) + D(2.98b)/V(19.9b) * Rd(2.73%) * (1-Tc(0.19)))
Discount Rate = 8.88% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -83.01 | Cagr: -1.51%
[DCF] Terminal Value 77.97% ; FCFF base≈1.10b ; Y1≈1.27b ; Y5≈1.86b
[DCF] Fair Price = 559.4 (EV 28.0b - Net Debt 2.47b = Equity 25.6b / Shares 45.7m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 98.38 | EPS CAGR: 49.39% | SUE: 1.57 | # QB: 2
Revenue Correlation: 99.86 | Revenue CAGR: 12.08% | SUE: 0.02 | # QB: 0
EPS current Quarter (2027-03-31): EPS=3.92 | Chg30d=-0.81% | Revisions=-50% | Analysts=8
EPS current Year (2026-12-31): EPS=25.51 | Chg30d=+1.59% | Revisions=+50% | GrowthEPS=+35.7% | GrowthRev=+10.8%
EPS next Year (2027-12-31): EPS=28.81 | Chg30d=+1.18% | Revisions=-36% | GrowthEPS=+12.9% | GrowthRev=+7.7%
[Analyst] Revisions Ratio: -24% (up=5, down=9)