Annual Income Statements for Jones Lang LaSalle
This table shows Jones Lang LaSalle's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Jones Lang LaSalle
This table shows Jones Lang LaSalle's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
140 |
175 |
-9.20 |
2.50 |
60 |
172 |
66 |
84 |
155 |
241 |
55 |
Consolidated Net Income / (Loss) |
|
138 |
176 |
-8.70 |
3.20 |
59 |
172 |
66 |
85 |
155 |
242 |
58 |
Net Income / (Loss) Continuing Operations |
|
138 |
176 |
-8.70 |
3.20 |
59 |
172 |
66 |
85 |
155 |
242 |
58 |
Total Pre-Tax Income |
|
180 |
221 |
-11 |
4.00 |
74 |
185 |
82 |
105 |
192 |
301 |
72 |
Total Revenue |
|
5,178 |
10,388 |
4,716 |
5,053 |
5,111 |
5,881 |
5,125 |
5,629 |
5,869 |
6,811 |
5,746 |
Net Interest Income / (Expense) |
|
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
Total Interest Income |
|
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
Total Interest Expense |
|
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
Total Non-Interest Income |
|
5,178 |
10,388 |
4,716 |
5,053 |
5,111 |
5,881 |
5,125 |
5,629 |
5,869 |
6,811 |
5,746 |
Other Non-Interest Income |
|
5,178 |
- |
4,716 |
5,053 |
5,111 |
5,881 |
5,125 |
5,629 |
5,869 |
6,811 |
5,746 |
Total Non-Interest Expense |
|
4,974 |
10,127 |
4,698 |
4,905 |
4,989 |
5,588 |
5,009 |
5,467 |
5,638 |
6,433 |
5,625 |
Salaries and Employee Benefits |
|
2,496 |
2,549 |
2,253 |
2,417 |
2,435 |
2,666 |
2,416 |
2,599 |
2,855 |
3,125 |
2,675 |
Other Operating Expenses |
|
2,402 |
2,700 |
2,352 |
2,415 |
2,467 |
2,841 |
2,532 |
2,803 |
2,729 |
3,227 |
2,861 |
Depreciation Expense |
|
56 |
63 |
58 |
60 |
59 |
62 |
61 |
62 |
66 |
67 |
72 |
Impairment Charge |
|
21 |
38 |
36 |
12 |
32 |
22 |
1.70 |
12 |
-8.80 |
19 |
20 |
Other Special Charges |
|
-0.50 |
4,777 |
-0.10 |
1.20 |
-3.00 |
-3.00 |
-1.50 |
-9.70 |
-2.90 |
-4.80 |
-1.70 |
Nonoperating Income / (Expense), net |
|
-23 |
- |
-29 |
-144 |
-48 |
-108 |
-34 |
-57 |
-39 |
-77 |
-50 |
Income Tax Expense |
|
42 |
45 |
-2.30 |
0.80 |
15 |
13 |
16 |
21 |
37 |
59 |
14 |
Net Income / (Loss) Attributable to Noncontrolling Interest |
|
-2.10 |
1.10 |
0.50 |
0.70 |
-0.40 |
- |
-0.50 |
0.10 |
-0.30 |
0.70 |
2.20 |
Other Adjustment to Net Income / (Loss) Attributable to Common Shareholders) |
|
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
Basic Earnings per Share |
|
$2.93 |
$3.68 |
($0.19) |
$0.05 |
$1.25 |
$3.62 |
$1.39 |
$1.77 |
$3.26 |
$5.09 |
$1.17 |
Weighted Average Basic Shares Outstanding |
|
47.86M |
48.45M |
47.56M |
47.75M |
47.66M |
47.63M |
47.49M |
47.54M |
47.51M |
47.49M |
47.47M |
Diluted Earnings per Share |
|
$2.88 |
$3.63 |
($0.19) |
$0.05 |
$1.23 |
$3.58 |
$1.37 |
$1.75 |
$3.20 |
$4.98 |
$1.14 |
Weighted Average Diluted Shares Outstanding |
|
48.63M |
49.34M |
0.00 |
48.33M |
48.39M |
48.29M |
48.28M |
48.32M |
48.50M |
48.37M |
48.38M |
Weighted Average Basic & Diluted Shares Outstanding |
|
47.46M |
95.20M |
47.76M |
47.68M |
47.57M |
94.89M |
47.56M |
47.46M |
47.44M |
47.39M |
47.47M |
Cash Dividends to Common per Share |
|
$0.00 |
- |
$0.00 |
$0.00 |
$0.00 |
- |
$0.00 |
$0.00 |
$0.00 |
- |
$0.00 |
Annual Cash Flow Statements for Jones Lang LaSalle
This table details how cash moves in and out of Jones Lang LaSalle's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
-34 |
47 |
18 |
179 |
18 |
188 |
1.80 |
-96 |
-83 |
-11 |
Net Cash From Operating Activities |
|
376 |
223 |
799 |
604 |
484 |
1,115 |
972 |
200 |
576 |
785 |
Net Cash From Continuing Operating Activities |
|
376 |
223 |
799 |
621 |
484 |
1,115 |
972 |
200 |
576 |
785 |
Net Income / (Loss) Continuing Operations |
|
446 |
346 |
280 |
492 |
538 |
423 |
959 |
793 |
226 |
547 |
Consolidated Net Income / (Loss) |
|
446 |
346 |
280 |
492 |
538 |
423 |
959 |
793 |
226 |
547 |
Provision For Loan Losses |
|
15 |
21 |
26 |
19 |
31 |
46 |
12 |
27 |
20 |
38 |
Depreciation Expense |
|
108 |
142 |
167 |
186 |
202 |
226 |
218 |
228 |
238 |
256 |
Amortization Expense |
|
23 |
30 |
25 |
32 |
80 |
89 |
101 |
86 |
83 |
97 |
Non-Cash Adjustments to Reconcile Net Income |
|
-17 |
-8.90 |
-15 |
5.50 |
-24 |
-89 |
-265 |
-164 |
243 |
112 |
Changes in Operating Assets and Liabilities, net |
|
-199 |
-308 |
316 |
-130 |
-343 |
420 |
-52 |
-770 |
-234 |
-265 |
Net Cash From Investing Activities |
|
-585 |
-806 |
-171 |
-280 |
-1,050 |
-171 |
-806 |
-243 |
-290 |
-317 |
Net Cash From Continuing Investing Activities |
|
-585 |
-806 |
-171 |
-280 |
-1,050 |
-171 |
-806 |
-243 |
-290 |
-317 |
Acquisitions |
|
- |
- |
- |
-101 |
- |
- |
- |
0.00 |
0.00 |
3.70 |
Purchase of Investment Securities |
|
-587 |
-798 |
-213 |
-221 |
-1,127 |
-230 |
-774 |
-244 |
-310 |
-335 |
Sale and/or Maturity of Investments |
|
57 |
92 |
45 |
52 |
156 |
58 |
39 |
0.90 |
20 |
15 |
Net Cash From Financing Activities |
|
192 |
636 |
-624 |
-141 |
585 |
-771 |
-144 |
-13 |
-374 |
-451 |
Net Cash From Continuing Financing Activities |
|
192 |
636 |
-624 |
-141 |
585 |
-771 |
-144 |
-13 |
-374 |
-451 |
Issuance of Debt |
|
2,173 |
3,145 |
3,468 |
3,149 |
5,951 |
5,153 |
5,186 |
7,560 |
8,059 |
8,953 |
Issuance of Common Equity |
|
12 |
2.80 |
3.60 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Repayment of Debt |
|
-1,889 |
-2,456 |
-4,013 |
-3,186 |
-5,339 |
-5,742 |
-4,944 |
-6,740 |
-8,284 |
-9,275 |
Repurchase of Common Equity |
|
- |
- |
- |
0.00 |
0.00 |
-100 |
-343 |
-601 |
-62 |
-81 |
Other Financing Activities, Net |
|
-79 |
-26 |
-49 |
-70 |
-25 |
-81 |
-61 |
-232 |
-81 |
-48 |
Effect of Exchange Rate Changes |
|
-17 |
-7.00 |
13 |
-20 |
-0.80 |
15 |
-21 |
-39 |
6.30 |
-28 |
Cash Interest Paid |
|
22 |
35 |
48 |
49 |
59 |
50 |
39 |
74 |
145 |
147 |
Cash Income Taxes Paid |
|
156 |
144 |
145 |
-153 |
-281 |
-139 |
-263 |
-321 |
-159 |
-285 |
Quarterly Cash Flow Statements for Jones Lang LaSalle
This table details how cash moves in and out of Jones Lang LaSalle's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Change in Cash & Equivalents |
|
-74 |
17 |
-11 |
-122 |
-20 |
70 |
-38 |
32 |
-8.00 |
3.10 |
-8.00 |
Net Cash From Operating Activities |
|
138 |
602 |
-716 |
237 |
326 |
729 |
-678 |
274 |
262 |
927 |
-768 |
Net Cash From Continuing Operating Activities |
|
138 |
602 |
-716 |
237 |
326 |
729 |
-678 |
274 |
262 |
927 |
-768 |
Net Income / (Loss) Continuing Operations |
|
138 |
176 |
-8.70 |
3.20 |
59 |
172 |
66 |
85 |
155 |
242 |
58 |
Consolidated Net Income / (Loss) |
|
138 |
176 |
-8.70 |
3.20 |
59 |
172 |
66 |
85 |
155 |
242 |
58 |
Provision For Loan Losses |
|
5.60 |
9.60 |
7.10 |
12 |
2.70 |
-1.40 |
9.90 |
22 |
3.00 |
3.30 |
9.40 |
Depreciation Expense |
|
56 |
63 |
58 |
60 |
59 |
62 |
61 |
62 |
66 |
67 |
72 |
Amortization Expense |
|
27 |
12 |
18 |
37 |
4.40 |
23 |
13 |
47 |
20 |
19 |
24 |
Non-Cash Adjustments to Reconcile Net Income |
|
0.90 |
37 |
9.10 |
111 |
34 |
89 |
7.30 |
39 |
9.10 |
57 |
47 |
Changes in Operating Assets and Liabilities, net |
|
-89 |
304 |
-799 |
14 |
166 |
385 |
-834 |
19 |
9.70 |
540 |
-977 |
Net Cash From Investing Activities |
|
-85 |
-95 |
-74 |
-87 |
-60 |
-70 |
-54 |
-100 |
-65 |
-98 |
-153 |
Net Cash From Continuing Investing Activities |
|
-85 |
-95 |
-74 |
-87 |
-60 |
-70 |
-54 |
-100 |
-65 |
-98 |
-153 |
Acquisitions |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
0.00 |
Purchase of Investment Securities |
|
-74 |
40 |
-82 |
-86 |
-74 |
-68 |
-61 |
-101 |
-75 |
-98 |
-157 |
Sale and/or Maturity of Investments |
|
-6.40 |
-2.90 |
8.10 |
-0.80 |
14 |
-2.00 |
6.30 |
1.30 |
6.70 |
0.20 |
4.60 |
Other Investing Activities, net |
|
-4.60 |
- |
0.00 |
- |
- |
- |
0.00 |
- |
- |
- |
0.00 |
Net Cash From Financing Activities |
|
-101 |
-514 |
775 |
-271 |
-273 |
-606 |
703 |
-137 |
-218 |
-800 |
901 |
Net Cash From Continuing Financing Activities |
|
-101 |
-514 |
775 |
-271 |
-273 |
-606 |
703 |
-137 |
-218 |
-800 |
901 |
Issuance of Debt |
|
1,818 |
1,694 |
2,606 |
1,817 |
1,546 |
2,090 |
2,741 |
1,956 |
2,131 |
2,124 |
3,232 |
Repayment of Debt |
|
-1,746 |
-2,159 |
-1,793 |
-2,060 |
-1,787 |
-2,644 |
-1,990 |
-2,073 |
-2,319 |
-2,893 |
-2,279 |
Repurchase of Common Equity |
|
-149 |
-4.60 |
0.00 |
-20 |
-20 |
-22 |
-20 |
-20 |
-20 |
-20 |
-20 |
Payment of Dividends |
|
- |
- |
0.00 |
- |
- |
-6.50 |
0.00 |
- |
- |
- |
0.00 |
Other Financing Activities, Net |
|
-24 |
-45 |
-37 |
-8.90 |
-12 |
-23 |
-28 |
0.30 |
-10 |
-11 |
-32 |
Effect of Exchange Rate Changes |
|
-26 |
24 |
4.50 |
-0.70 |
-13 |
16 |
-9.70 |
-5.00 |
13 |
-26 |
12 |
Cash Interest Paid |
|
15 |
33 |
24 |
41 |
41 |
39 |
23 |
53 |
30 |
42 |
19 |
Cash Income Taxes Paid |
|
-82 |
-38 |
-35 |
-68 |
-23 |
-32 |
-41 |
-149 |
-53 |
-42 |
-31 |
Annual Balance Sheets for Jones Lang LaSalle
This table presents Jones Lang LaSalle's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
6,187 |
7,629 |
9,254 |
10,026 |
13,673 |
14,317 |
15,505 |
15,594 |
16,065 |
16,764 |
Cash and Due from Banks |
|
217 |
259 |
268 |
481 |
452 |
574 |
594 |
519 |
410 |
416 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Premises and Equipment, Net |
|
423 |
501 |
544 |
568 |
702 |
664 |
740 |
583 |
614 |
598 |
Mortgage Servicing Rights |
|
265 |
601 |
318 |
331 |
527 |
1,529 |
822 |
463 |
677 |
771 |
Goodwill |
|
2,142 |
2,579 |
2,709 |
2,698 |
4,168 |
4,225 |
4,612 |
4,528 |
4,587 |
4,611 |
Intangible Assets |
|
227 |
295 |
305 |
337 |
683 |
680 |
887 |
859 |
785 |
724 |
Other Assets |
|
2,913 |
3,395 |
5,111 |
5,611 |
7,141 |
6,645 |
7,850 |
8,642 |
8,991 |
9,643 |
Total Liabilities & Shareholders' Equity |
|
6,187 |
7,629 |
9,254 |
10,026 |
13,673 |
14,317 |
15,505 |
15,594 |
16,065 |
16,764 |
Total Liabilities |
|
3,458 |
4,808 |
5,872 |
6,291 |
8,459 |
8,699 |
9,084 |
9,444 |
9,655 |
9,869 |
Short-Term Debt |
|
312 |
670 |
387 |
351 |
274 |
1,664 |
576 |
321 |
310 |
1,351 |
Other Short-Term Payables |
|
2,138 |
2,268 |
3,927 |
4,411 |
4,701 |
4,402 |
5,114 |
5,136 |
5,474 |
5,793 |
Long-Term Debt |
|
512 |
1,178 |
675 |
656 |
1,693 |
693 |
1,330 |
2,042 |
2,053 |
845 |
Other Long-Term Liabilities |
|
495 |
692 |
883 |
874 |
1,792 |
1,878 |
2,064 |
1,946 |
1,819 |
1,879 |
Redeemable Noncontrolling Interest |
|
11 |
6.80 |
3.80 |
0.00 |
8.60 |
7.80 |
7.80 |
7.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
2,718 |
2,815 |
3,378 |
3,735 |
5,205 |
5,610 |
6,413 |
6,143 |
6,410 |
6,895 |
Total Preferred & Common Equity |
|
2,689 |
2,790 |
3,340 |
3,692 |
5,118 |
5,521 |
6,185 |
6,021 |
6,294 |
6,772 |
Total Common Equity |
|
2,689 |
2,790 |
3,340 |
3,692 |
5,118 |
5,521 |
6,185 |
6,021 |
6,294 |
6,772 |
Common Stock |
|
981 |
1,008 |
1,032 |
1,052 |
1,958 |
2,018 |
2,049 |
2,013 |
2,010 |
2,021 |
Retained Earnings |
|
2,044 |
2,333 |
2,649 |
3,096 |
3,588 |
3,976 |
4,938 |
5,590 |
5,796 |
6,335 |
Treasury Stock |
|
- |
- |
- |
- |
0.00 |
-96 |
-406 |
-935 |
-920 |
-938 |
Accumulated Other Comprehensive Income / (Loss) |
|
-336 |
-551 |
-341 |
-456 |
-428 |
-377 |
-395 |
-648 |
-592 |
-647 |
Noncontrolling Interest |
|
30 |
25 |
38 |
43 |
87 |
89 |
229 |
122 |
116 |
124 |
Quarterly Balance Sheets for Jones Lang LaSalle
This table presents Jones Lang LaSalle's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Total Assets |
|
15,379 |
15,849 |
15,826 |
15,481 |
15,482 |
15,909 |
17,817 |
16,631 |
Cash and Due from Banks |
|
489 |
485 |
403 |
390 |
397 |
424 |
438 |
432 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Premises and Equipment, Net |
|
732 |
586 |
586 |
589 |
600 |
597 |
599 |
586 |
Mortgage Servicing Rights |
|
672 |
882 |
1,049 |
705 |
322 |
642 |
2,056 |
602 |
Goodwill |
|
4,455 |
4,544 |
4,578 |
4,542 |
4,569 |
4,609 |
4,667 |
4,643 |
Intangible Assets |
|
862 |
833 |
821 |
803 |
763 |
744 |
721 |
702 |
Other Assets |
|
8,169 |
8,519 |
8,390 |
8,451 |
8,832 |
8,892 |
9,336 |
9,667 |
Total Liabilities & Shareholders' Equity |
|
15,379 |
15,849 |
15,826 |
15,481 |
15,482 |
15,909 |
17,817 |
16,631 |
Total Liabilities |
|
9,369 |
9,687 |
9,634 |
9,311 |
9,075 |
9,411 |
11,048 |
9,669 |
Short-Term Debt |
|
1,077 |
266 |
276 |
118 |
283 |
282 |
1,060 |
1,142 |
Other Short-Term Payables |
|
4,327 |
4,186 |
4,273 |
4,733 |
4,494 |
4,577 |
4,915 |
4,884 |
Long-Term Debt |
|
1,929 |
3,283 |
3,163 |
2,536 |
2,474 |
2,686 |
3,170 |
1,782 |
Other Long-Term Liabilities |
|
2,036 |
1,953 |
1,922 |
1,924 |
1,824 |
1,867 |
1,904 |
1,861 |
Redeemable Noncontrolling Interest |
|
7.20 |
7.10 |
7.10 |
6.80 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
6,002 |
6,155 |
6,185 |
6,163 |
6,408 |
6,498 |
6,769 |
6,962 |
Total Preferred & Common Equity |
|
5,772 |
6,034 |
6,065 |
6,045 |
6,294 |
6,379 |
6,647 |
6,839 |
Total Common Equity |
|
5,772 |
6,034 |
6,065 |
6,045 |
6,294 |
6,379 |
6,647 |
6,839 |
Common Stock |
|
2,030 |
1,972 |
2,004 |
1,999 |
1,966 |
2,002 |
2,009 |
1,990 |
Retained Earnings |
|
5,416 |
5,567 |
5,568 |
5,625 |
5,858 |
5,942 |
6,095 |
6,383 |
Treasury Stock |
|
-951 |
-884 |
-896 |
-907 |
-901 |
-914 |
-922 |
-924 |
Accumulated Other Comprehensive Income / (Loss) |
|
-723 |
-621 |
-611 |
-671 |
-629 |
-651 |
-535 |
-611 |
Noncontrolling Interest |
|
231 |
121 |
120 |
118 |
114 |
119 |
122 |
123 |
Annual Metrics And Ratios for Jones Lang LaSalle
This table displays calculated financial ratios and metrics derived from Jones Lang LaSalle's official financial filings.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
60.25% |
16,728.17% |
11.31% |
12.79% |
119.96% |
-53.87% |
16.74% |
7.72% |
-0.49% |
12.87% |
EBITDA Growth |
|
18.28% |
-10.47% |
14.52% |
26.91% |
1,954.86% |
-95.31% |
54.28% |
-2.94% |
-32.27% |
37.43% |
EBIT Growth |
|
19.25% |
-19.93% |
15.55% |
31.77% |
2,548.85% |
-96.93% |
83.55% |
-3.41% |
-42.91% |
52.56% |
NOPAT Growth |
|
15.03% |
-22.50% |
-19.20% |
75.92% |
12.55% |
-17.16% |
80.29% |
-1.68% |
-35.76% |
36.76% |
Net Income Growth |
|
15.03% |
-22.50% |
-19.20% |
75.92% |
9.40% |
-21.42% |
126.95% |
-17.29% |
-71.49% |
141.73% |
EPS Growth |
|
13.26% |
-25.08% |
-16.60% |
74.79% |
3.13% |
-29.16% |
139.87% |
-28.15% |
-64.81% |
141.97% |
Operating Cash Flow Growth |
|
-24.67% |
-40.77% |
258.81% |
-24.36% |
-19.91% |
130.41% |
-12.77% |
-79.44% |
188.04% |
36.38% |
Free Cash Flow Firm Growth |
|
-175.49% |
-307.92% |
165.58% |
-61.39% |
-1,067.63% |
82.14% |
240.96% |
32.26% |
-58.30% |
50.73% |
Invested Capital Growth |
|
21.76% |
31.39% |
-4.83% |
6.68% |
51.45% |
11.08% |
4.41% |
2.22% |
3.06% |
3.64% |
Revenue Q/Q Growth |
|
103.48% |
31,437.53% |
-37.35% |
3.42% |
80.67% |
-54.73% |
35.27% |
27.05% |
-17.83% |
4.13% |
EBITDA Q/Q Growth |
|
3.46% |
3.81% |
6.87% |
12.37% |
2,850.33% |
-96.34% |
151.24% |
-12.76% |
4.38% |
7.37% |
EBIT Q/Q Growth |
|
-0.48% |
-3.96% |
3.94% |
9.27% |
2,199.34% |
-97.62% |
135.27% |
-15.22% |
5.96% |
10.54% |
NOPAT Q/Q Growth |
|
0.82% |
-5.54% |
-26.43% |
34.27% |
19.01% |
3.58% |
4.01% |
-21.73% |
127.29% |
5.11% |
Net Income Q/Q Growth |
|
0.82% |
-5.54% |
-26.43% |
34.27% |
15.68% |
-4.50% |
20.71% |
-23.59% |
-1.52% |
14.56% |
EPS Q/Q Growth |
|
0.31% |
-5.61% |
-27.00% |
34.78% |
11.95% |
-8.88% |
21.91% |
-25.24% |
-1.06% |
14.14% |
Operating Cash Flow Q/Q Growth |
|
-14.27% |
-8.05% |
22.46% |
16.02% |
37.09% |
1.48% |
1.09% |
-44.50% |
28.47% |
33.69% |
Free Cash Flow Firm Q/Q Growth |
|
-140.76% |
24.58% |
79.96% |
271.72% |
7.40% |
-35.46% |
304.95% |
-55.49% |
-38.02% |
126.37% |
Invested Capital Q/Q Growth |
|
10.94% |
1.73% |
-5.23% |
-8.28% |
-6.39% |
-4.62% |
-11.30% |
-5.59% |
-0.58% |
-17.34% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
917.18% |
4.88% |
5.02% |
5.65% |
52.78% |
5.36% |
7.09% |
6.39% |
4.35% |
5.29% |
EBIT Margin |
|
748.19% |
3.56% |
3.70% |
4.32% |
52.00% |
3.46% |
5.44% |
4.88% |
2.80% |
3.79% |
Profit (Net Income) Margin |
|
576.62% |
2.66% |
1.93% |
3.01% |
1.50% |
2.55% |
4.95% |
3.80% |
1.09% |
2.33% |
Tax Burden Percent |
|
77.07% |
74.60% |
52.17% |
69.65% |
77.11% |
79.82% |
78.40% |
79.80% |
89.80% |
80.49% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
3.73% |
92.20% |
116.06% |
97.62% |
43.33% |
76.58% |
Effective Tax Rate |
|
22.93% |
25.40% |
47.84% |
30.35% |
22.89% |
20.19% |
21.60% |
20.20% |
10.20% |
19.51% |
Return on Invested Capital (ROIC) |
|
13.79% |
8.41% |
6.13% |
10.71% |
9.28% |
6.05% |
10.14% |
9.65% |
6.04% |
7.99% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
13.79% |
8.41% |
6.13% |
10.71% |
8.24% |
4.40% |
16.37% |
8.75% |
-6.48% |
0.66% |
Return on Net Nonoperating Assets (RNNOA) |
|
3.53% |
4.05% |
2.88% |
3.11% |
2.74% |
1.76% |
5.80% |
2.97% |
-2.44% |
0.23% |
Return on Equity (ROE) |
|
17.33% |
12.46% |
9.01% |
13.82% |
12.02% |
7.81% |
15.94% |
12.62% |
3.60% |
8.22% |
Cash Return on Invested Capital (CROIC) |
|
-5.83% |
-18.72% |
11.08% |
4.24% |
-31.64% |
-4.44% |
5.82% |
7.46% |
3.03% |
4.42% |
Operating Return on Assets (OROA) |
|
10.28% |
6.71% |
6.35% |
7.32% |
157.83% |
4.10% |
7.07% |
6.55% |
3.67% |
5.40% |
Return on Assets (ROA) |
|
7.93% |
5.01% |
3.31% |
5.10% |
4.54% |
3.02% |
6.43% |
5.10% |
1.43% |
3.33% |
Return on Common Equity (ROCE) |
|
17.07% |
12.30% |
8.90% |
13.65% |
11.84% |
7.67% |
15.50% |
12.26% |
3.53% |
8.07% |
Return on Equity Simple (ROE_SIMPLE) |
|
16.60% |
12.40% |
8.37% |
13.32% |
10.51% |
7.66% |
15.51% |
13.18% |
3.59% |
8.08% |
Net Operating Profit after Tax (NOPAT) |
|
446 |
346 |
280 |
492 |
553 |
458 |
827 |
813 |
522 |
714 |
NOPAT Margin |
|
576.62% |
2.66% |
1.93% |
3.01% |
1.54% |
2.76% |
4.27% |
3.90% |
2.51% |
3.05% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
1.04% |
1.65% |
-6.23% |
0.90% |
12.52% |
7.33% |
SG&A Expenses to Revenue |
|
4,605.43% |
31.02% |
31.88% |
31.84% |
16.16% |
46.46% |
49.24% |
47.99% |
47.06% |
46.92% |
Operating Expenses to Revenue |
|
-648.19% |
96.44% |
96.30% |
95.68% |
48.00% |
96.54% |
94.56% |
95.12% |
97.20% |
96.21% |
Earnings before Interest and Taxes (EBIT) |
|
579 |
464 |
536 |
706 |
18,701 |
574 |
1,054 |
1,018 |
581 |
887 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
710 |
636 |
728 |
924 |
18,983 |
890 |
1,373 |
1,332 |
902 |
1,240 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
2.62 |
1.61 |
2.00 |
1.55 |
1.75 |
1.38 |
2.20 |
1.26 |
1.43 |
1.77 |
Price to Tangible Book Value (P/TBV) |
|
21.98 |
0.00 |
20.51 |
8.73 |
33.56 |
12.35 |
19.81 |
11.92 |
9.75 |
8.36 |
Price to Revenue (P/Rev) |
|
90.92 |
0.34 |
0.46 |
0.35 |
0.25 |
0.46 |
0.70 |
0.36 |
0.43 |
0.51 |
Price to Earnings (P/E) |
|
16.05 |
13.64 |
24.21 |
11.85 |
16.79 |
18.91 |
14.14 |
11.56 |
39.86 |
21.96 |
Dividend Yield |
|
0.36% |
0.64% |
0.49% |
0.65% |
0.49% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Earnings Yield |
|
6.23% |
7.33% |
4.13% |
8.44% |
5.96% |
5.29% |
7.07% |
8.65% |
2.51% |
4.55% |
Enterprise Value to Invested Capital (EV/IC) |
|
2.16 |
1.31 |
1.69 |
1.33 |
1.47 |
1.19 |
1.82 |
1.12 |
1.26 |
1.53 |
Enterprise Value to Revenue (EV/Rev) |
|
99.30 |
0.47 |
0.52 |
0.39 |
0.29 |
0.57 |
0.78 |
0.46 |
0.53 |
0.59 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
10.83 |
9.62 |
10.33 |
6.82 |
0.56 |
10.67 |
11.03 |
7.16 |
12.25 |
11.22 |
Enterprise Value to EBIT (EV/EBIT) |
|
13.27 |
13.19 |
14.03 |
8.93 |
0.57 |
16.52 |
14.36 |
9.36 |
19.01 |
15.69 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
17.22 |
17.68 |
26.90 |
12.82 |
19.12 |
20.70 |
18.32 |
11.73 |
21.17 |
19.49 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
20.45 |
27.47 |
9.41 |
10.43 |
21.87 |
8.52 |
15.57 |
47.70 |
19.20 |
17.72 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
14.89 |
32.34 |
0.00 |
0.00 |
31.90 |
15.19 |
42.22 |
35.26 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.30 |
0.65 |
0.31 |
0.27 |
0.38 |
0.42 |
0.30 |
0.38 |
0.37 |
0.32 |
Long-Term Debt to Equity |
|
0.19 |
0.42 |
0.20 |
0.18 |
0.32 |
0.12 |
0.21 |
0.33 |
0.32 |
0.12 |
Financial Leverage |
|
0.26 |
0.48 |
0.47 |
0.29 |
0.33 |
0.40 |
0.35 |
0.34 |
0.38 |
0.34 |
Leverage Ratio |
|
2.19 |
2.49 |
2.72 |
2.71 |
2.65 |
2.58 |
2.48 |
2.47 |
2.52 |
2.47 |
Compound Leverage Factor |
|
2.19 |
2.49 |
2.72 |
2.71 |
0.10 |
2.38 |
2.87 |
2.42 |
1.09 |
1.89 |
Debt to Total Capital |
|
23.19% |
39.57% |
23.90% |
21.22% |
27.39% |
29.56% |
22.89% |
27.75% |
26.93% |
24.16% |
Short-Term Debt to Total Capital |
|
8.79% |
14.34% |
8.70% |
7.40% |
3.81% |
20.87% |
6.92% |
3.77% |
3.53% |
14.86% |
Long-Term Debt to Total Capital |
|
14.41% |
25.23% |
15.20% |
13.83% |
23.58% |
8.69% |
15.97% |
23.99% |
23.40% |
9.30% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
1.14% |
0.68% |
0.94% |
0.91% |
1.33% |
1.22% |
2.84% |
1.51% |
1.32% |
1.36% |
Common Equity to Total Capital |
|
75.66% |
59.75% |
75.16% |
77.87% |
71.28% |
69.22% |
74.27% |
70.73% |
71.75% |
74.48% |
Debt to EBITDA |
|
1.16 |
2.91 |
1.46 |
1.09 |
0.10 |
2.65 |
1.39 |
1.77 |
2.62 |
1.77 |
Net Debt to EBITDA |
|
0.86 |
2.50 |
1.09 |
0.57 |
0.08 |
2.00 |
0.96 |
1.38 |
2.16 |
1.44 |
Long-Term Debt to EBITDA |
|
0.72 |
1.85 |
0.93 |
0.71 |
0.09 |
0.78 |
0.97 |
1.53 |
2.27 |
0.68 |
Debt to NOPAT |
|
1.85 |
5.34 |
3.80 |
2.05 |
3.55 |
5.14 |
2.31 |
2.91 |
4.53 |
3.08 |
Net Debt to NOPAT |
|
1.36 |
4.59 |
2.84 |
1.07 |
2.74 |
3.89 |
1.59 |
2.27 |
3.74 |
2.49 |
Long-Term Debt to NOPAT |
|
1.15 |
3.41 |
2.42 |
1.33 |
3.06 |
1.51 |
1.61 |
2.51 |
3.93 |
1.18 |
Noncontrolling Interest Sharing Ratio |
|
1.48% |
1.30% |
1.19% |
1.19% |
1.54% |
1.77% |
2.77% |
2.90% |
1.95% |
1.80% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-189 |
-770 |
505 |
195 |
-1,886 |
-337 |
475 |
628 |
262 |
395 |
Operating Cash Flow to CapEx |
|
28,907.69% |
223.05% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Operating Cash Flow to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.01 |
1.89 |
1.72 |
1.70 |
3.04 |
1.19 |
1.30 |
1.34 |
1.31 |
1.43 |
Fixed Asset Turnover |
|
0.20 |
28.18 |
27.75 |
29.41 |
56.65 |
24.29 |
27.59 |
31.54 |
34.69 |
38.67 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
3,554 |
4,669 |
4,444 |
4,741 |
7,180 |
7,975 |
8,327 |
8,512 |
8,772 |
9,092 |
Invested Capital Turnover |
|
0.02 |
3.17 |
3.18 |
3.56 |
6.03 |
2.19 |
2.38 |
2.48 |
2.40 |
2.62 |
Increase / (Decrease) in Invested Capital |
|
635 |
1,116 |
-225 |
297 |
2,439 |
795 |
352 |
185 |
260 |
319 |
Enterprise Value (EV) |
|
7,685 |
6,114 |
7,517 |
6,304 |
10,582 |
9,492 |
15,142 |
9,536 |
11,054 |
13,914 |
Market Capitalization |
|
7,037 |
4,493 |
6,682 |
5,735 |
8,972 |
7,612 |
13,593 |
7,564 |
8,985 |
12,010 |
Book Value per Share |
|
$59.70 |
$61.71 |
$73.62 |
$81.01 |
$99.31 |
$107.61 |
$122.55 |
$126.86 |
$132.30 |
$142.72 |
Tangible Book Value per Share |
|
$7.11 |
($1.87) |
$7.18 |
$14.41 |
$5.19 |
$12.01 |
$13.60 |
$13.37 |
$19.37 |
$30.27 |
Total Capital |
|
3,554 |
4,669 |
4,444 |
4,741 |
7,180 |
7,975 |
8,327 |
8,512 |
8,772 |
9,092 |
Total Debt |
|
824 |
1,848 |
1,062 |
1,006 |
1,967 |
2,357 |
1,906 |
2,363 |
2,362 |
2,197 |
Total Long-Term Debt |
|
512 |
1,178 |
675 |
656 |
1,693 |
693 |
1,330 |
2,042 |
2,053 |
845 |
Net Debt |
|
608 |
1,589 |
794 |
525 |
1,515 |
1,783 |
1,312 |
1,843 |
1,952 |
1,780 |
Capital Expenditures (CapEx) |
|
1.30 |
100 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
15 |
36 |
-133 |
19 |
296 |
167 |
Net Nonoperating Obligations (NNO) |
|
824 |
1,848 |
1,062 |
1,006 |
1,967 |
2,357 |
1,906 |
2,363 |
2,362 |
2,197 |
Total Depreciation and Amortization (D&A) |
|
131 |
172 |
192 |
218 |
282 |
315 |
318 |
314 |
321 |
353 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$9.75 |
$7.04 |
$5.60 |
$10.64 |
$10.98 |
$7.79 |
$18.89 |
$13.51 |
$4.73 |
$11.51 |
Adjusted Weighted Average Basic Shares Outstanding |
|
44.94M |
45.15M |
45.32M |
45.52M |
48.65M |
51.68M |
50.92M |
48.45M |
47.63M |
47.49M |
Adjusted Diluted Earnings per Share |
|
$9.65 |
$6.98 |
$5.55 |
$10.54 |
$10.87 |
$7.70 |
$18.47 |
$13.27 |
$4.67 |
$11.30 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
45.41M |
45.53M |
45.76M |
45.93M |
49.15M |
52.28M |
52.07M |
49.34M |
48.29M |
48.37M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$10.98 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
45.09M |
45.25M |
45.41M |
45.62M |
51.57M |
102.22M |
99.77M |
95.20M |
94.89M |
47.39M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
-4,103 |
416 |
295 |
507 |
694 |
560 |
885 |
776 |
608 |
717 |
Normalized NOPAT Margin |
|
-5,301.55% |
3.20% |
2.03% |
3.10% |
1.93% |
3.38% |
4.57% |
3.72% |
2.93% |
3.06% |
Pre Tax Income Margin |
|
748.19% |
3.56% |
3.70% |
4.32% |
1.94% |
3.19% |
6.32% |
4.77% |
1.21% |
2.90% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
NOPAT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
EBIT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
NOPAT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
5.74% |
8.50% |
11.84% |
6.96% |
0.39% |
0.21% |
-1.98% |
0.00% |
2.87% |
0.00% |
Augmented Payout Ratio |
|
5.74% |
8.50% |
11.84% |
6.96% |
0.39% |
23.87% |
33.81% |
75.78% |
30.11% |
14.76% |
Quarterly Metrics And Ratios for Jones Lang LaSalle
This table displays calculated financial ratios and metrics derived from Jones Lang LaSalle's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
5.90% |
74.71% |
25,389.19% |
-4.28% |
-1.28% |
-43.38% |
8.67% |
11.40% |
14.82% |
15.80% |
12.14% |
EBITDA Growth |
|
-23.31% |
-36.72% |
-63.98% |
-45.83% |
-34.95% |
12.72% |
103.33% |
10.56% |
70.37% |
22.49% |
14.63% |
EBIT Growth |
|
-30.97% |
-41.22% |
-90.28% |
-60.04% |
-39.88% |
12.54% |
546.37% |
9.53% |
89.35% |
28.83% |
5.19% |
NOPAT Growth |
|
-32.57% |
-49.41% |
-91.29% |
-61.10% |
-36.90% |
55.36% |
643.24% |
10.18% |
89.80% |
11.31% |
5.09% |
Net Income Growth |
|
-41.66% |
-58.20% |
-106.05% |
-99.05% |
-57.06% |
-1.99% |
854.02% |
2,540.63% |
161.05% |
40.31% |
-12.35% |
EPS Growth |
|
-36.98% |
-55.24% |
-106.64% |
-98.72% |
-57.29% |
-1.38% |
821.05% |
3,400.00% |
160.16% |
39.11% |
-16.79% |
Operating Cash Flow Growth |
|
-69.87% |
-21.03% |
0.01% |
33.90% |
136.87% |
21.20% |
5.42% |
15.57% |
-19.68% |
27.13% |
-13.30% |
Free Cash Flow Firm Growth |
|
166.30% |
-115.65% |
62.01% |
55.19% |
-44.88% |
244.10% |
223.02% |
165.55% |
-784.19% |
-217.31% |
-197.56% |
Invested Capital Growth |
|
-3.96% |
2.22% |
5.80% |
6.29% |
-2.14% |
3.06% |
-5.63% |
-1.72% |
24.66% |
3.64% |
7.88% |
Revenue Q/Q Growth |
|
-1.91% |
100.63% |
-54.61% |
7.15% |
1.17% |
15.06% |
-12.87% |
9.84% |
4.27% |
16.05% |
-15.63% |
EBITDA Q/Q Growth |
|
-36.99% |
17.67% |
-72.66% |
163.48% |
-24.34% |
103.88% |
-49.56% |
43.26% |
16.59% |
46.58% |
-53.18% |
EBIT Q/Q Growth |
|
-45.17% |
28.36% |
-93.13% |
726.82% |
-17.50% |
140.29% |
-60.57% |
40.10% |
42.63% |
63.49% |
-67.80% |
NOPAT Q/Q Growth |
|
-48.92% |
13.14% |
-92.88% |
844.93% |
-17.14% |
178.53% |
-65.92% |
40.08% |
42.74% |
63.36% |
-67.83% |
Net Income Q/Q Growth |
|
-58.84% |
27.37% |
-104.95% |
136.78% |
1,753.13% |
190.73% |
-61.95% |
28.81% |
83.20% |
56.27% |
-76.23% |
EPS Q/Q Growth |
|
-26.15% |
26.04% |
-105.23% |
126.32% |
2,360.00% |
191.06% |
-61.73% |
27.74% |
82.86% |
55.63% |
-77.11% |
Operating Cash Flow Q/Q Growth |
|
-22.32% |
337.67% |
-219.03% |
133.09% |
37.43% |
123.95% |
-192.88% |
140.43% |
-4.49% |
254.47% |
-182.78% |
Free Cash Flow Firm Q/Q Growth |
|
152.32% |
-101.71% |
-5,679.67% |
13.14% |
164.37% |
-95.54% |
265.95% |
-53.72% |
-771.85% |
99.24% |
-4,003.55% |
Invested Capital Q/Q Growth |
|
-0.50% |
-5.59% |
14.08% |
-0.82% |
-8.39% |
-0.58% |
6.43% |
3.29% |
16.20% |
-17.34% |
8.74% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
5.51% |
3.23% |
1.97% |
4.86% |
3.63% |
6.43% |
3.69% |
4.82% |
5.39% |
6.81% |
3.78% |
EBIT Margin |
|
3.92% |
2.51% |
0.38% |
2.93% |
2.39% |
4.99% |
2.26% |
2.88% |
3.94% |
5.55% |
2.12% |
Profit (Net Income) Margin |
|
2.67% |
1.69% |
-0.18% |
0.06% |
1.16% |
2.93% |
1.28% |
1.50% |
2.64% |
3.55% |
1.00% |
Tax Burden Percent |
|
76.55% |
79.48% |
79.09% |
80.00% |
80.35% |
93.14% |
80.49% |
80.48% |
80.54% |
80.47% |
80.42% |
Interest Burden Percent |
|
88.82% |
84.89% |
-61.45% |
2.70% |
60.44% |
63.09% |
70.44% |
64.77% |
83.13% |
79.52% |
58.75% |
Effective Tax Rate |
|
23.45% |
20.52% |
0.00% |
20.00% |
19.65% |
6.86% |
19.51% |
19.52% |
19.46% |
19.53% |
19.58% |
Return on Invested Capital (ROIC) |
|
5.36% |
4.20% |
0.72% |
6.35% |
5.44% |
11.16% |
4.08% |
5.28% |
7.20% |
11.72% |
4.30% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
4.82% |
4.20% |
0.05% |
2.72% |
4.07% |
6.89% |
3.20% |
3.84% |
6.29% |
8.98% |
2.88% |
Return on Net Nonoperating Assets (RNNOA) |
|
2.59% |
1.42% |
0.02% |
1.40% |
1.89% |
2.59% |
1.61% |
1.94% |
3.35% |
3.08% |
1.22% |
Return on Equity (ROE) |
|
7.95% |
5.62% |
0.74% |
7.75% |
7.33% |
13.75% |
5.68% |
7.22% |
10.55% |
14.80% |
5.52% |
Cash Return on Invested Capital (CROIC) |
|
15.33% |
7.46% |
1.14% |
-2.80% |
4.74% |
3.03% |
12.07% |
7.96% |
-15.10% |
4.42% |
-0.04% |
Operating Return on Assets (OROA) |
|
4.18% |
3.37% |
0.62% |
4.77% |
3.91% |
6.54% |
3.05% |
3.95% |
5.32% |
7.92% |
3.17% |
Return on Assets (ROA) |
|
2.84% |
2.27% |
-0.30% |
0.10% |
1.90% |
3.84% |
1.73% |
2.06% |
3.57% |
5.07% |
1.50% |
Return on Common Equity (ROCE) |
|
7.72% |
5.46% |
0.72% |
7.52% |
7.11% |
13.49% |
5.57% |
7.08% |
10.35% |
14.53% |
5.43% |
Return on Equity Simple (ROE_SIMPLE) |
|
17.99% |
0.00% |
10.62% |
5.09% |
3.80% |
0.00% |
4.77% |
5.99% |
7.18% |
0.00% |
7.88% |
Net Operating Profit after Tax (NOPAT) |
|
155 |
176 |
13 |
118 |
98 |
273 |
93 |
130 |
186 |
304 |
98 |
NOPAT Margin |
|
3.00% |
1.69% |
0.27% |
2.34% |
1.92% |
4.65% |
1.82% |
2.32% |
3.17% |
4.47% |
1.70% |
Net Nonoperating Expense Percent (NNEP) |
|
0.54% |
0.00% |
0.67% |
3.63% |
1.37% |
4.27% |
0.87% |
1.43% |
0.91% |
2.73% |
1.42% |
SG&A Expenses to Revenue |
|
48.21% |
24.54% |
47.78% |
47.84% |
47.63% |
45.33% |
47.14% |
46.18% |
48.64% |
45.89% |
46.54% |
Operating Expenses to Revenue |
|
96.08% |
97.49% |
99.62% |
97.07% |
97.61% |
95.01% |
97.74% |
97.12% |
96.06% |
94.45% |
97.88% |
Earnings before Interest and Taxes (EBIT) |
|
203 |
261 |
18 |
148 |
122 |
293 |
116 |
162 |
231 |
378 |
122 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
285 |
336 |
93 |
245 |
186 |
378 |
189 |
271 |
316 |
464 |
217 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.25 |
1.26 |
1.15 |
1.23 |
1.11 |
1.43 |
1.47 |
1.53 |
1.93 |
1.77 |
1.72 |
Price to Tangible Book Value (P/TBV) |
|
15.90 |
11.92 |
10.54 |
11.18 |
9.62 |
9.75 |
9.65 |
9.51 |
10.18 |
8.36 |
7.86 |
Price to Revenue (P/Rev) |
|
0.44 |
0.36 |
0.27 |
0.29 |
0.27 |
0.43 |
0.44 |
0.45 |
0.57 |
0.51 |
0.49 |
Price to Earnings (P/E) |
|
8.03 |
11.56 |
13.86 |
24.14 |
29.55 |
39.86 |
30.86 |
25.52 |
26.79 |
21.96 |
21.92 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Earnings Yield |
|
12.45% |
8.65% |
7.22% |
4.14% |
3.38% |
2.51% |
3.24% |
3.92% |
3.73% |
4.55% |
4.56% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.11 |
1.12 |
1.04 |
1.10 |
1.03 |
1.26 |
1.28 |
1.31 |
1.52 |
1.53 |
1.45 |
Enterprise Value to Revenue (EV/Rev) |
|
0.61 |
0.46 |
0.40 |
0.42 |
0.36 |
0.53 |
0.56 |
0.57 |
0.74 |
0.59 |
0.60 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
6.54 |
7.16 |
8.63 |
11.00 |
10.55 |
12.25 |
11.77 |
12.13 |
14.48 |
11.22 |
11.33 |
Enterprise Value to EBIT (EV/EBIT) |
|
8.32 |
9.36 |
11.87 |
16.84 |
16.62 |
19.01 |
17.31 |
17.92 |
20.84 |
15.69 |
16.08 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
9.63 |
11.73 |
15.79 |
34.38 |
39.71 |
21.17 |
19.84 |
20.91 |
24.61 |
19.49 |
19.98 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
27.74 |
47.70 |
50.59 |
40.79 |
20.35 |
19.20 |
19.13 |
19.07 |
28.47 |
17.72 |
20.66 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
7.09 |
15.19 |
93.59 |
0.00 |
21.59 |
42.22 |
10.32 |
16.35 |
0.00 |
35.26 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.50 |
0.38 |
0.58 |
0.56 |
0.43 |
0.37 |
0.43 |
0.46 |
0.62 |
0.32 |
0.42 |
Long-Term Debt to Equity |
|
0.32 |
0.33 |
0.53 |
0.51 |
0.41 |
0.32 |
0.39 |
0.41 |
0.47 |
0.12 |
0.26 |
Financial Leverage |
|
0.54 |
0.34 |
0.50 |
0.51 |
0.46 |
0.38 |
0.50 |
0.50 |
0.53 |
0.34 |
0.42 |
Leverage Ratio |
|
2.58 |
2.47 |
2.48 |
2.52 |
2.53 |
2.52 |
2.49 |
2.50 |
2.57 |
2.47 |
2.40 |
Compound Leverage Factor |
|
2.29 |
2.10 |
-1.53 |
0.07 |
1.53 |
1.59 |
1.76 |
1.62 |
2.14 |
1.96 |
1.41 |
Debt to Total Capital |
|
33.35% |
27.75% |
36.54% |
35.71% |
30.07% |
26.93% |
30.08% |
31.35% |
38.46% |
24.16% |
29.58% |
Short-Term Debt to Total Capital |
|
11.95% |
3.77% |
2.74% |
2.87% |
1.33% |
3.53% |
3.08% |
2.98% |
9.64% |
14.86% |
11.55% |
Long-Term Debt to Total Capital |
|
21.40% |
23.99% |
33.80% |
32.84% |
28.74% |
23.40% |
26.99% |
28.37% |
28.82% |
9.30% |
18.03% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
2.64% |
1.51% |
1.32% |
1.32% |
1.42% |
1.32% |
1.25% |
1.26% |
1.11% |
1.36% |
1.24% |
Common Equity to Total Capital |
|
64.02% |
70.73% |
62.13% |
62.97% |
68.51% |
71.75% |
68.68% |
67.39% |
60.43% |
74.48% |
69.18% |
Debt to EBITDA |
|
1.97 |
1.77 |
3.03 |
3.57 |
3.07 |
2.62 |
2.76 |
2.90 |
3.66 |
1.77 |
2.31 |
Net Debt to EBITDA |
|
1.65 |
1.38 |
2.61 |
3.15 |
2.62 |
2.16 |
2.36 |
2.48 |
3.28 |
1.44 |
1.97 |
Long-Term Debt to EBITDA |
|
1.26 |
1.53 |
2.80 |
3.28 |
2.93 |
2.27 |
2.48 |
2.62 |
2.74 |
0.68 |
1.41 |
Debt to NOPAT |
|
2.90 |
2.91 |
5.54 |
11.15 |
11.55 |
4.53 |
4.65 |
4.99 |
6.23 |
3.08 |
4.07 |
Net Debt to NOPAT |
|
2.42 |
2.27 |
4.78 |
9.84 |
9.86 |
3.74 |
3.98 |
4.28 |
5.58 |
2.49 |
3.47 |
Long-Term Debt to NOPAT |
|
1.86 |
2.51 |
5.12 |
10.25 |
11.04 |
3.93 |
4.17 |
4.52 |
4.67 |
1.18 |
2.48 |
Noncontrolling Interest Sharing Ratio |
|
2.85% |
2.90% |
3.00% |
2.98% |
2.98% |
1.95% |
1.93% |
1.94% |
1.91% |
1.80% |
1.77% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
528 |
-9.00 |
-520 |
-452 |
291 |
13 |
640 |
296 |
-1,990 |
-15 |
-624 |
Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Operating Cash Flow to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
1.07 |
1.34 |
1.64 |
1.63 |
1.64 |
1.31 |
1.35 |
1.37 |
1.35 |
1.43 |
1.50 |
Fixed Asset Turnover |
|
23.05 |
31.54 |
38.28 |
38.47 |
38.26 |
34.69 |
35.69 |
36.78 |
37.86 |
38.67 |
40.56 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
9,016 |
8,512 |
9,711 |
9,631 |
8,823 |
8,772 |
9,164 |
9,466 |
10,999 |
9,092 |
9,886 |
Invested Capital Turnover |
|
1.78 |
2.48 |
2.71 |
2.71 |
2.83 |
2.40 |
2.24 |
2.28 |
2.27 |
2.62 |
2.53 |
Increase / (Decrease) in Invested Capital |
|
-372 |
185 |
533 |
570 |
-193 |
260 |
-547 |
-166 |
2,176 |
319 |
722 |
Enterprise Value (EV) |
|
9,994 |
9,536 |
10,117 |
10,606 |
9,121 |
11,054 |
11,755 |
12,425 |
16,721 |
13,914 |
14,364 |
Market Capitalization |
|
7,239 |
7,564 |
6,926 |
7,442 |
6,732 |
8,985 |
9,281 |
9,763 |
12,806 |
12,010 |
11,749 |
Book Value per Share |
|
$120.45 |
$126.86 |
$126.76 |
$126.97 |
$126.77 |
$132.30 |
$132.54 |
$134.13 |
$140.04 |
$142.72 |
$144.31 |
Tangible Book Value per Share |
|
$9.50 |
$13.37 |
$13.80 |
$13.94 |
$14.67 |
$19.37 |
$20.25 |
$21.57 |
$26.52 |
$30.27 |
$31.54 |
Total Capital |
|
9,016 |
8,512 |
9,711 |
9,631 |
8,823 |
8,772 |
9,164 |
9,466 |
10,999 |
9,092 |
9,886 |
Total Debt |
|
3,006 |
2,363 |
3,549 |
3,439 |
2,653 |
2,362 |
2,757 |
2,967 |
4,230 |
2,197 |
2,924 |
Total Long-Term Debt |
|
1,929 |
2,042 |
3,283 |
3,163 |
2,536 |
2,053 |
2,474 |
2,686 |
3,170 |
845 |
1,782 |
Net Debt |
|
2,517 |
1,843 |
3,063 |
3,037 |
2,264 |
1,952 |
2,360 |
2,543 |
3,792 |
1,780 |
2,492 |
Capital Expenditures (CapEx) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Expense (NNE) |
|
17 |
0.00 |
21 |
115 |
39 |
101 |
28 |
46 |
31 |
62 |
40 |
Net Nonoperating Obligations (NNO) |
|
3,006 |
2,363 |
3,549 |
3,439 |
2,653 |
2,362 |
2,757 |
2,967 |
4,230 |
2,197 |
2,924 |
Total Depreciation and Amortization (D&A) |
|
82 |
75 |
75 |
97 |
64 |
85 |
74 |
109 |
85 |
86 |
95 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$2.93 |
$3.68 |
($0.19) |
$0.05 |
$1.25 |
$3.62 |
$1.39 |
$1.77 |
$3.26 |
$5.09 |
$1.17 |
Adjusted Weighted Average Basic Shares Outstanding |
|
47.86M |
48.45M |
47.56M |
47.75M |
47.66M |
47.63M |
47.49M |
47.54M |
47.51M |
47.49M |
47.47M |
Adjusted Diluted Earnings per Share |
|
$2.88 |
$3.63 |
($0.19) |
$0.05 |
$1.23 |
$3.58 |
$1.37 |
$1.75 |
$3.20 |
$4.98 |
$1.14 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
48.63M |
49.34M |
0.00 |
48.33M |
48.39M |
48.29M |
48.28M |
48.32M |
48.50M |
48.37M |
48.38M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
47.46M |
95.20M |
47.76M |
47.68M |
47.57M |
94.89M |
47.56M |
47.46M |
47.44M |
47.39M |
47.47M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
171 |
4,003 |
37 |
129 |
121 |
291 |
93 |
132 |
177 |
315 |
112 |
Normalized NOPAT Margin |
|
3.31% |
38.54% |
0.79% |
2.55% |
2.37% |
4.94% |
1.82% |
2.34% |
3.01% |
4.63% |
1.96% |
Pre Tax Income Margin |
|
3.48% |
2.13% |
-0.23% |
0.08% |
1.44% |
3.15% |
1.59% |
1.87% |
3.27% |
4.41% |
1.24% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
NOPAT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
EBIT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
NOPAT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
-1.83% |
0.00% |
3.18% |
6.61% |
8.88% |
2.87% |
2.16% |
1.70% |
1.36% |
0.00% |
0.00% |
Augmented Payout Ratio |
|
70.44% |
75.78% |
73.60% |
62.69% |
28.04% |
30.11% |
29.32% |
23.31% |
18.67% |
14.76% |
14.92% |
Key Financial Trends
Jones Lang LaSalle (JLL) has shown a fairly consistent financial performance over the past several quarters through Q1 2025. Here's a summary of the key financial trends and metrics based on the income statements, cash flow statements, and balance sheets from Q3 2022 through Q1 2025.
- Revenue Growth: Total revenue has generally increased from about $5.17 billion in Q3 2022 to $5.75 billion in Q1 2025, indicating steady growth in its core business operations.
- Profitability: Despite some quarterly fluctuations, JLL has generated positive net income most quarters, with net income improving from $59.3 million in Q3 2023 to $57.5 million in Q1 2025 (latest quarter). This shows resilience in profitability.
- Earnings Per Share (EPS): EPS fluctuated but generally improved from a loss per share in Q1 2023 of -$0.19 (due to a net loss) to a basic EPS of $1.17 in Q1 2025, reflecting improved shareholder returns.
- Controlling Expenses: Salaries and employee benefits have scaled with revenue but show control relative to the revenue increase, indicating operational efficiency.
- Strong Equity Position: Total common equity grew from about $6.03 billion in Q1 2023 to approximately $6.84 billion by Q1 2025, demonstrating financial strength and buffer for growth and risks.
- Substantial Goodwill & Intangible Assets: The company holds several billion dollars in goodwill and intangible assets consistently, which could imply reliance on acquisitions and brand value. This requires monitoring for impairment risks.
- Non-Interest Expenses: These have increased over time alongside revenues but include some volatility due to impairment charges and other special charges which can impact quarterly profits temporarily.
- Cash Flows: Operating cash flow sees some volatility, with negative operating cash flow in Q1 2025 contrasting earlier positive quarters. Changes in operating assets and liabilities caused significant variation.
- Rising Debt Levels: Long-term debt increased notably from $1.93 billion in Q3 2022 to about $1.78 billion by Q1 2025 with fluctuations, potentially increasing leverage and interest costs.
- Fluctuations in Net Income: The company reported a net loss in Q1 2023 but returned to profitability afterward; the uneven earnings trend suggests sensitivity to economic or operational factors that can impact earnings volatility.
In summary, JLL has demonstrated ongoing revenue growth and generally positive earnings, supported by stable equity levels. However, investors should watch the fluctuations in cash flow and net income, as well as goodwill and debt levels, which may present risks or affect future performance. Operational efficiencies and expense management appear to be a focus, but market conditions will continue to influence quarterly results.
10/03/25 01:21 AM ETAI Generated. May Contain Errors.