Jones Lang LaSalle (JLL) Financials

$289.61 -6.38 (-2.16%)

Closing price 06/3/2026 03:58 PM Eastern

Extended Trading

$289.18 -0.43 (-0.15%)

As of 06/3/2026 07:54 PM Eastern

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.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	438	329	276	484	534	403	962	655	225	547	792
Consolidated Net Income / (Loss)	446	346	280	492	538	423	959	793	226	547	792
Net Income / (Loss) Continuing Operations	446	346	280	492	18,521	423	959	793	226	547	792
Total Pre-Tax Income	579	464	536	706	698	530	1,224	994	252	679	982
Total Revenue	77	13,025	14,498	16,351	35,966	16,590	19,367	20,862	20,761	23,433	26,116
Net Interest Income / (Expense)	0.00	0.00	0.00	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	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	0.00	0.00	0.00
Total Non-Interest Income	77	13,025	14,498	16,351	35,966	16,590	19,367	20,862	20,761	23,433	26,116
Other Non-Interest Income	-	12,991	14,453	16,318	35,966	16,590	19,367	20,862	20,761	23,433	26,116
Total Non-Interest Expense	-502	12,561	13,962	15,645	17,266	16,016	18,313	19,844	20,179	22,546	25,006
Salaries and Employee Benefits	3,565	4,041	4,622	5,207	5,813	7,708	9,536	10,011	9,771	10,995	11,924
Other Operating Expenses	1,729	8,285	9,143	10,231	11,068	7,954	8,486	9,650	10,075	11,291	12,765
Depreciation Expense	108	142	167	186	202	226	218	228	238	256	253
Impairment Charge	34	69	31	39	184	142	85	105	101	23	75
Other Special Charges	-5,938	26	-1.70	-17	-2.30	-15	-11	-150	-4.90	-19	-12
Nonoperating Income / (Expense), net	-	-	-	-	-20	-45	169	-24	-330	-208	-128
Income Tax Expense	133	118	256	214	160	107	264	201	26	133	190
Net Income / (Loss) Attributable to Noncontrolling Interest	7.60	16	3.10	7.20	2.60	20	-2.30	139	0.80	0.00	0.10
Other Adjustment to Net Income / (Loss) Attributable to Common Shareholders)	0.30	0.40	-	-	0.90	0.00	0.00	0.00	0.00	0.00	0.00
Basic Earnings per Share	$9.75	$7.29	$6.09	$10.64	$10.98	$7.79	$18.89	$13.51	$4.73	$11.51	$16.73
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	47.35M
Diluted Earnings per Share	$9.65	$7.23	$6.03	$10.54	$10.87	$7.70	$18.47	$13.27	$4.67	$11.30	$16.40
Weighted Average Diluted Shares Outstanding	45.42M	45.53M	45.76M	45.93M	49.15M	52.28M	52.07M	49.34M	48.29M	48.37M	48.31M
Weighted Average Basic & Diluted Shares Outstanding	45M	45.10M	563.30M	45.50M	51.57M	102.22M	99.77M	95.20M	94.89M	47.39M	46.85M

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 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	60	172	66	84	155	241	55	112	223	402	159
Consolidated Net Income / (Loss)	59	172	66	85	155	242	58	111	222	402	159
Net Income / (Loss) Continuing Operations	59	172	66	85	155	242	58	111	222	402	159
Total Pre-Tax Income	74	185	82	105	192	301	72	137	275	498	198
Total Revenue	5,111	5,881	5,125	5,629	5,869	6,811	5,746	6,250	6,510	7,609	6,387
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	5,111	5,881	5,125	5,629	5,869	6,811	5,746	6,250	6,510	7,609	6,387
Other Non-Interest Income	5,111	5,881	5,125	5,629	5,869	6,811	5,746	6,250	6,510	7,609	6,387
Total Non-Interest Expense	4,989	5,588	5,009	5,467	5,638	6,433	5,625	6,050	6,234	7,097	6,180
Salaries and Employee Benefits	2,435	2,666	2,416	2,599	2,855	3,125	2,675	2,835	3,015	3,400	2,936
Other Operating Expenses	2,467	2,841	2,532	2,803	2,729	3,227	2,861	3,129	3,153	3,624	3,183
Depreciation Expense	59	62	61	62	66	67	72	68	58	56	58
Impairment Charge	32	22	1.70	12	-8.80	19	20	21	12	23	5.30
Other Special Charges	-3.00	-3.00	-1.50	-9.70	-2.90	-4.80	-1.70	-2.50	-3.10	-4.40	-2.40
Nonoperating Income / (Expense), net	-48	-108	-34	-57	-39	-77	-50	-63	-1.80	-13	-9.50
Income Tax Expense	15	13	16	21	37	59	14	27	53	96	38
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.40	-	-0.50	0.10	-0.30	0.70	2.20	-1.80	-0.40	0.10	0.40
Basic Earnings per Share	$1.25	$3.62	$1.39	$1.77	$3.26	$5.09	$1.17	$2.36	$4.71	$8.49	$3.40
Weighted Average Basic Shares Outstanding	47.66M	47.63M	47.49M	47.54M	47.51M	47.49M	47.47M	47.48M	47.34M	47.35M	46.84M
Diluted Earnings per Share	$1.23	$3.58	$1.37	$1.75	$3.20	$4.98	$1.14	$2.32	$4.61	$8.33	$3.33
Weighted Average Diluted Shares Outstanding	48.39M	48.29M	48.28M	48.32M	48.50M	48.37M	48.38M	48.33M	48.35M	48.31M	47.80M
Weighted Average Basic & Diluted Shares Outstanding	47.57M	94.89M	47.56M	47.46M	47.44M	47.39M	47.47M	47.38M	47.19M	46.85M	46.39M
Cash Dividends to Common per Share	$0.00	-	$0.00	$0.00	$0.00	-	$0.00	$0.00	$0.00	-	$0.00

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	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-34	47	18	179	18	188	1.80	-96	-83	-11	246
Net Cash From Operating Activities	376	223	799	604	484	1,115	972	200	576	785	1,194
Net Cash From Continuing Operating Activities	376	223	799	621	484	1,115	972	200	576	785	1,194
Net Income / (Loss) Continuing Operations	446	346	280	492	538	423	959	793	226	547	792
Consolidated Net Income / (Loss)	446	346	280	492	538	423	959	793	226	547	792
Provision For Loan Losses	15	21	26	19	31	46	12	27	20	38	42
Depreciation Expense	108	142	167	186	202	226	218	228	238	256	253
Amortization Expense	23	30	25	32	80	89	101	86	83	103	121
Non-Cash Adjustments to Reconcile Net Income	-17	-8.90	-15	5.50	-24	-89	-265	-164	243	107	79
Changes in Operating Assets and Liabilities, net	-199	-308	316	-130	-343	420	-52	-770	-234	-265	-92
Net Cash From Investing Activities	-585	-806	-171	-280	-1,050	-171	-806	-243	-290	-317	-337
Net Cash From Continuing Investing Activities	-585	-806	-171	-280	-1,050	-171	-806	-243	-290	-317	-337
Acquisitions	-	-	-	-101	-	-	-	0.00	0.00	0.00	0.00
Purchase of Investment Securities	-587	-798	-213	-221	-1,127	-230	-774	-244	-310	-335	-386
Sale and/or Maturity of Investments	57	92	45	52	156	58	39	0.90	20	18	50
Other Investing Activities, net	-53	-	-2.30	-10	-79	1.00	-71	-	0.00	0.00	0.00
Net Cash From Financing Activities	192	636	-624	-141	585	-771	-144	-13	-374	-451	-643
Net Cash From Continuing Financing Activities	192	636	-624	-141	585	-771	-144	-13	-374	-451	-643
Issuance of Debt	2,173	3,145	3,468	3,149	5,951	5,153	5,186	7,560	8,059	8,956	12,837
Issuance of Common Equity	12	2.80	3.60	0.00	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	-9,278	-13,201
Repurchase of Common Equity	-	-	-	0.00	0.00	-100	-343	-601	-62	-81	-212
Payment of Dividends	-26	-29	-33	-34	-2.10	-0.90	19	-	0.00	0.00	0.00
Other Financing Activities, Net	-79	-26	-49	-70	-25	-81	-61	-232	-88	-48	-68
Effect of Exchange Rate Changes	-17	-7.00	13	-20	-0.80	15	-21	-39	6.30	-28	32
Cash Interest Paid	22	35	48	49	59	50	39	74	145	147	119
Cash Income Taxes Paid	156	144	145	-153	-281	-139	-263	-321	159	285	226

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 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-20	70	-38	32	-8.00	3.10	-8.00	26	17	212	-180
Net Cash From Operating Activities	326	729	-678	274	262	927	-768	333	617	1,012	-755
Net Cash From Continuing Operating Activities	326	729	-678	274	262	927	-768	333	617	1,012	-755
Net Income / (Loss) Continuing Operations	59	172	66	85	155	242	58	111	222	402	159
Consolidated Net Income / (Loss)	59	172	66	85	155	242	58	111	222	402	159
Provision For Loan Losses	2.70	-1.40	9.90	22	3.00	3.30	9.40	9.00	19	4.40	3.80
Depreciation Expense	59	62	61	62	66	67	72	68	58	56	58
Amortization Expense	4.40	23	13	47	20	19	24	46	24	28	25
Non-Cash Adjustments to Reconcile Net Income	34	89	7.30	39	9.10	57	47	31	-12	13	7.70
Changes in Operating Assets and Liabilities, net	166	385	-834	19	9.70	540	-977	69	307	509	-1,008
Net Cash From Investing Activities	-60	-70	-54	-100	-65	-98	-153	-48	-51	-85	-61
Net Cash From Continuing Investing Activities	-60	-70	-54	-100	-65	-98	-153	-48	-51	-85	-61
Acquisitions	-	-	0.00	-	-	-	0.00	-	-	-	0.00
Purchase of Investment Securities	-74	-68	-61	-101	-75	-98	-157	-70	-66	-93	-83
Sale and/or Maturity of Investments	14	-2.00	6.30	1.30	6.70	0.20	4.60	22	15	8.40	21
Other Investing Activities, net	-	-	0.00	-	-	-	0.00	-	-	-	0.00
Net Cash From Financing Activities	-273	-606	703	-137	-218	-800	901	-283	-545	-716	649
Net Cash From Continuing Financing Activities	-273	-606	703	-137	-218	-800	901	-283	-545	-716	649
Issuance of Debt	1,546	2,090	2,760	1,956	2,131	2,124	3,232	3,776	5,827	2.10	3,057
Repayment of Debt	-1,787	-2,644	-2,009	-2,073	-2,319	-2,893	-2,279	-4,007	-6,288	-627	-2,029
Repurchase of Common Equity	-20	-22	-20	-20	-20	-20	-20	-40	-70	-81	-300
Other Financing Activities, Net	-12	-23	-28	0.30	-10	-11	-32	-12	-13	-9.80	-79
Effect of Exchange Rate Changes	-13	16	-9.70	-5.00	13	-26	12	24	-4.30	0.70	-13
Cash Interest Paid	41	39	23	53	30	42	19	43	23	33	11
Cash Income Taxes Paid	-23	-32	-41	-149	-53	-42	-31	-123	-49	429	-55

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	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	6,187	7,629	9,254	10,026	13,673	14,317	15,505	15,594	16,065	16,764	17,801
Cash and Due from Banks	217	259	268	481	452	574	594	519	410	416	599
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	0.00
Premises and Equipment, Net	423	501	544	568	702	664	740	583	614	598	631
Mortgage Servicing Rights	265	601	318	331	527	1,529	822	463	677	771	751
Goodwill	2,142	2,579	2,709	2,698	4,168	4,225	4,612	4,528	4,587	4,611	4,707
Intangible Assets	227	295	305	337	683	680	887	859	785	724	667
Other Assets	2,913	3,395	5,111	5,611	7,141	6,645	7,850	8,642	8,991	9,643	10,446
Total Liabilities & Shareholders' Equity	6,187	7,629	9,254	10,026	13,673	14,317	15,505	15,594	16,065	16,764	17,801
Total Liabilities	3,458	4,808	5,872	6,291	8,459	8,699	9,084	9,444	9,655	9,869	10,178
Short-Term Debt	312	670	387	351	274	1,664	576	321	310	510	259
Other Short-Term Payables	2,138	2,268	3,927	4,411	4,701	4,402	5,114	5,136	5,474	5,793	6,368
Long-Term Debt	512	1,178	675	656	1,693	693	1,330	2,042	2,053	1,686	1,557
Other Long-Term Liabilities	495	692	883	874	1,792	1,878	2,064	1,946	1,819	1,879	1,994
Redeemable Noncontrolling Interest	11	6.80	3.80	0.00	8.60	7.80	7.80	7.00	0.00	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	7,623
Total Preferred & Common Equity	2,689	2,790	3,340	3,692	5,118	5,521	6,185	6,021	6,294	6,772	7,503
Total Common Equity	2,689	2,790	3,340	3,692	5,118	5,521	6,185	6,021	6,294	6,772	7,503
Common Stock	981	1,008	1,032	1,052	1,958	2,018	2,049	2,013	2,010	2,021	2,055
Retained Earnings	2,044	2,333	2,649	3,096	3,588	3,976	4,938	5,590	5,796	6,335	7,114
Treasury Stock	-	-	-	-	0.00	-96	-406	-935	-920	-938	-1,094
Accumulated Other Comprehensive Income / (Loss)	-336	-551	-341	-456	-428	-377	-395	-648	-592	-647	-573
Noncontrolling Interest	30	25	38	43	87	89	229	122	116	124	120

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	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	15,379	15,849	15,826	15,481	15,482	15,909	17,817	16,631	17,341	17,179	17,888
Cash and Due from Banks	489	485	403	390	397	424	438	432	401	429	436
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	0.00
Premises and Equipment, Net	732	586	586	589	600	597	599	586	590	597	634
Mortgage Servicing Rights	672	882	1,049	705	322	642	2,056	602	1,229	1,015	1,142
Goodwill	4,455	4,544	4,578	4,542	4,569	4,609	4,667	4,643	4,716	4,706	4,691
Intangible Assets	862	833	821	803	763	744	721	702	682	671	650
Other Assets	8,169	8,519	8,390	8,451	8,832	8,892	9,336	9,667	9,723	9,761	10,335
Total Liabilities & Shareholders' Equity	15,379	15,849	15,826	15,481	15,482	15,909	17,817	16,631	17,341	17,179	17,888
Total Liabilities	9,369	9,687	9,634	9,311	9,075	9,411	11,048	9,669	10,179	9,883	10,462
Short-Term Debt	1,077	266	276	118	283	282	1,060	1,142	962	699	943
Other Short-Term Payables	4,327	4,186	4,273	4,733	4,494	4,577	4,915	4,884	4,981	5,250	5,281
Long-Term Debt	1,929	3,283	3,163	2,536	2,474	2,686	3,170	1,782	2,399	1,989	2,294
Other Long-Term Liabilities	2,036	1,953	1,922	1,924	1,824	1,867	1,904	1,861	1,837	1,944	1,944
Redeemable Noncontrolling Interest	7.20	7.10	7.10	6.80	0.00	0.00	0.00	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	7,162	7,296	7,427
Total Preferred & Common Equity	5,772	6,034	6,065	6,045	6,294	6,379	6,647	6,839	7,040	7,175	7,307
Total Common Equity	5,772	6,034	6,065	6,045	6,294	6,379	6,647	6,839	7,040	7,175	7,307
Common Stock	2,030	1,972	2,004	1,999	1,966	2,002	2,009	1,990	2,028	2,035	1,961
Retained Earnings	5,416	5,567	5,568	5,625	5,858	5,942	6,095	6,383	6,495	6,714	7,228
Treasury Stock	-951	-884	-896	-907	-901	-914	-922	-924	-959	-1,016	-1,297
Accumulated Other Comprehensive Income / (Loss)	-723	-621	-611	-671	-629	-651	-535	-611	-524	-558	-585
Noncontrolling Interest	231	121	120	118	114	119	122	123	122	121	120

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	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
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	$16.73
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	47.35M
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	$16.40
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	48.31M
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	$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	46.85M
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

This table displays calculated financial ratios and metrics derived from Jones Lang LaSalle's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	46,393,575.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	46,393,575.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	3.44
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-1.28%	-43.38%	8.67%	11.40%	14.82%	15.80%	12.14%	11.04%	10.93%	-	11.14%
EBITDA Growth	-34.95%	12.72%	103.33%	10.56%	70.37%	22.49%	14.63%	15.45%	11.90%	-	33.41%
EBIT Growth	-39.88%	12.54%	546.37%	9.53%	89.35%	28.83%	5.19%	23.32%	19.72%	-	70.09%
NOPAT Growth	-36.90%	55.36%	643.24%	10.18%	89.80%	11.31%	5.09%	23.42%	20.22%	-	70.70%
Net Income Growth	-57.06%	-1.99%	854.02%	2,540.63%	161.05%	40.31%	-12.35%	30.77%	43.67%	-	177.22%
EPS Growth	-57.29%	-1.38%	821.05%	3,400.00%	160.16%	39.11%	-16.79%	32.57%	44.06%	-	192.11%
Operating Cash Flow Growth	136.87%	21.20%	5.42%	15.57%	-19.68%	27.13%	-13.30%	21.50%	135.89%	-	1.64%
Free Cash Flow Firm Growth	-44.88%	244.10%	223.02%	165.55%	-784.19%	-217.31%	-197.56%	-402.31%	162.26%	-	2.24%
Invested Capital Growth	-2.14%	3.06%	-5.63%	-1.72%	24.66%	3.64%	7.88%	11.16%	-9.23%	-	7.86%
Revenue Q/Q Growth	1.17%	15.06%	-12.87%	9.84%	4.27%	16.05%	-15.63%	8.77%	4.16%	-	-16.06%
EBITDA Q/Q Growth	-24.34%	103.88%	-49.56%	43.26%	16.59%	46.58%	-53.18%	44.29%	14.47%	-	-51.34%
EBIT Q/Q Growth	-17.50%	140.29%	-60.57%	40.10%	42.63%	63.49%	-67.80%	64.26%	38.47%	-	-59.52%
NOPAT Q/Q Growth	-17.14%	178.53%	-65.92%	40.08%	42.74%	63.36%	-67.83%	64.50%	39.04%	-	-59.50%
Net Income Q/Q Growth	1,753.13%	190.73%	-61.95%	28.81%	83.20%	56.27%	-76.23%	92.17%	101.27%	-	-60.33%
EPS Q/Q Growth	2,360.00%	191.06%	-61.73%	27.74%	82.86%	55.63%	-77.11%	103.51%	98.71%	-	-60.02%
Operating Cash Flow Q/Q Growth	37.43%	123.95%	-192.88%	140.43%	-4.49%	254.47%	-182.78%	143.36%	85.43%	-	-174.62%
Free Cash Flow Firm Q/Q Growth	164.37%	-95.54%	265.95%	-53.72%	-771.85%	99.24%	-4,003.55%	-43.40%	238.36%	-	-1,031.37%
Invested Capital Q/Q Growth	-8.39%	-0.58%	6.43%	3.29%	16.20%	-17.34%	8.74%	6.43%	-5.11%	-	12.98%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	3.63%	6.43%	3.69%	4.82%	5.39%	6.81%	3.78%	5.01%	5.51%	-	4.53%
EBIT Margin	2.39%	4.99%	2.26%	2.88%	3.94%	5.55%	2.12%	3.20%	4.25%	-	3.24%
Profit (Net Income) Margin	1.16%	2.93%	1.28%	1.50%	2.64%	3.55%	1.00%	1.77%	3.42%	-	2.50%
Tax Burden Percent	80.35%	93.14%	80.49%	80.48%	80.54%	80.47%	80.42%	80.54%	80.87%	-	80.71%
Interest Burden Percent	60.44%	63.09%	70.44%	64.77%	83.13%	79.52%	58.75%	68.63%	99.35%	-	95.41%
Effective Tax Rate	19.65%	6.86%	19.51%	19.52%	19.46%	19.53%	19.58%	19.46%	19.13%	-	19.29%
Return on Invested Capital (ROIC)	5.44%	11.16%	4.08%	5.28%	7.20%	11.72%	4.30%	6.36%	8.30%	-	6.81%
ROIC Less NNEP Spread (ROIC-NNEP)	4.07%	6.89%	3.20%	3.84%	6.29%	8.98%	2.88%	4.76%	8.26%	-	6.56%
Return on Net Nonoperating Assets (RNNOA)	1.89%	2.59%	1.61%	1.94%	3.35%	3.08%	1.22%	2.21%	4.06%	-	2.81%
Return on Equity (ROE)	7.33%	13.75%	5.68%	7.22%	10.55%	14.80%	5.52%	8.57%	12.36%	-	9.62%
Cash Return on Invested Capital (CROIC)	4.74%	3.03%	12.07%	7.96%	-15.10%	4.42%	-0.04%	-3.07%	17.18%	-	1.82%
Operating Return on Assets (OROA)	3.91%	6.54%	3.05%	3.95%	5.32%	7.92%	3.17%	4.75%	6.15%	-	5.02%
Return on Assets (ROA)	1.90%	3.84%	1.73%	2.06%	3.57%	5.07%	1.50%	2.62%	4.94%	-	3.87%
Return on Common Equity (ROCE)	7.11%	13.49%	5.57%	7.08%	10.35%	14.53%	5.43%	8.42%	12.14%	-	9.46%
Return on Equity Simple (ROE_SIMPLE)	3.80%	0.00%	4.77%	5.99%	7.18%	0.00%	7.88%	8.02%	8.81%	-	12.24%
Net Operating Profit after Tax (NOPAT)	98	273	93	130	186	304	98	161	224	-	167
NOPAT Margin	1.92%	4.65%	1.82%	2.32%	3.17%	4.47%	1.70%	2.58%	3.44%	-	2.62%
Net Nonoperating Expense Percent (NNEP)	1.37%	4.27%	0.87%	1.43%	0.91%	2.73%	1.42%	1.60%	0.04%	-	0.25%
SG&A Expenses to Revenue	47.63%	45.33%	47.14%	46.18%	48.64%	45.89%	46.54%	45.36%	46.31%	-	45.97%
Operating Expenses to Revenue	97.61%	95.01%	97.74%	97.12%	96.06%	94.45%	97.88%	96.80%	95.75%	-	96.76%
Earnings before Interest and Taxes (EBIT)	122	293	116	162	231	378	122	200	277	-	207
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	186	378	189	271	316	464	217	313	358	-	290
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.11	1.43	1.47	1.53	1.93	1.77	1.72	1.72	1.97	-	1.95
Price to Tangible Book Value (P/TBV)	9.62	9.75	9.65	9.51	10.18	8.36	7.86	7.39	7.86	-	7.25
Price to Revenue (P/Rev)	0.27	0.43	0.44	0.45	0.57	0.51	0.49	0.49	0.56	-	0.53
Price to Earnings (P/E)	29.55	39.86	30.86	25.52	26.79	21.96	21.92	21.53	22.38	-	15.92
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Earnings Yield	3.38%	2.51%	3.24%	3.92%	3.73%	4.55%	4.56%	4.64%	4.47%	-	6.28%
Enterprise Value to Invested Capital (EV/IC)	1.03	1.26	1.28	1.31	1.52	1.53	1.45	1.45	1.65	-	1.61
Enterprise Value to Revenue (EV/Rev)	0.36	0.53	0.56	0.57	0.74	0.59	0.60	0.62	0.65	-	0.64
Enterprise Value to EBITDA (EV/EBITDA)	10.55	12.25	11.77	12.13	14.48	11.22	11.33	11.62	12.25	-	11.04
Enterprise Value to EBIT (EV/EBIT)	16.62	19.01	17.31	17.92	20.84	15.69	16.08	16.36	16.91	-	14.38
Enterprise Value to NOPAT (EV/NOPAT)	39.71	21.17	19.84	20.91	24.61	19.49	19.98	20.32	20.98	-	17.81
Enterprise Value to Operating Cash Flow (EV/OCF)	20.35	19.20	19.13	19.07	28.47	17.72	20.66	20.19	14.88	-	14.24
Enterprise Value to Free Cash Flow (EV/FCFF)	21.59	42.22	10.32	16.35	0.00	35.26	0.00	0.00	9.16	-	91.78
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.43	0.37	0.43	0.46	0.62	0.32	0.42	0.47	0.37	-	0.44
Long-Term Debt to Equity	0.41	0.32	0.39	0.41	0.47	0.12	0.26	0.34	0.27	-	0.31
Financial Leverage	0.46	0.38	0.50	0.50	0.53	0.34	0.42	0.46	0.49	-	0.43
Leverage Ratio	2.53	2.52	2.49	2.50	2.57	2.47	2.40	2.43	2.49	-	2.40
Compound Leverage Factor	1.53	1.59	1.76	1.62	2.14	1.96	1.41	1.67	2.47	-	2.29
Debt to Total Capital	30.07%	26.93%	30.08%	31.35%	38.46%	24.16%	29.58%	31.94%	26.92%	-	30.36%
Short-Term Debt to Total Capital	1.33%	3.53%	3.08%	2.98%	9.64%	14.86%	11.55%	9.14%	7.00%	-	8.84%
Long-Term Debt to Total Capital	28.74%	23.40%	26.99%	28.37%	28.82%	9.30%	18.03%	22.80%	19.93%	-	21.51%
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	1.42%	1.32%	1.25%	1.26%	1.11%	1.36%	1.24%	1.16%	1.21%	-	1.12%
Common Equity to Total Capital	68.51%	71.75%	68.68%	67.39%	60.43%	74.48%	69.18%	66.91%	71.87%	-	68.52%
Debt to EBITDA	3.07	2.62	2.76	2.90	3.66	1.77	2.31	2.57	1.99	-	2.08
Net Debt to EBITDA	2.62	2.16	2.36	2.48	3.28	1.44	1.97	2.26	1.68	-	1.80
Long-Term Debt to EBITDA	2.93	2.27	2.48	2.62	2.74	0.68	1.41	1.83	1.48	-	1.47
Debt to NOPAT	11.55	4.53	4.65	4.99	6.23	3.08	4.07	4.48	3.41	-	3.36
Net Debt to NOPAT	9.86	3.74	3.98	4.28	5.58	2.49	3.47	3.95	2.87	-	2.90
Long-Term Debt to NOPAT	11.04	3.93	4.17	4.52	4.67	1.18	2.48	3.20	2.53	-	2.38
Noncontrolling Interest Sharing Ratio	2.98%	1.95%	1.93%	1.94%	1.91%	1.80%	1.77%	1.76%	1.73%	-	1.69%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	291	13	640	296	-1,990	-15	-624	-895	1,239	-	-610
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%
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	1.64	1.31	1.35	1.37	1.35	1.43	1.50	1.48	1.45	-	1.55
Fixed Asset Turnover	38.26	34.69	35.69	36.78	37.86	38.67	40.56	41.58	42.32	-	43.87
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	8,823	8,772	9,164	9,466	10,999	9,092	9,886	10,522	9,984	-	10,664
Invested Capital Turnover	2.83	2.40	2.24	2.28	2.27	2.62	2.53	2.47	2.41	-	2.60
Increase / (Decrease) in Invested Capital	-193	260	-547	-166	2,176	319	722	1,056	-1,015	-	777
Enterprise Value (EV)	9,121	11,054	11,755	12,425	16,721	13,914	14,364	15,223	16,513	-	17,178
Market Capitalization	6,732	8,985	9,281	9,763	12,806	12,010	11,749	12,143	14,133	-	14,258
Book Value per Share	$126.77	$132.30	$132.54	$134.13	$140.04	$142.72	$144.31	$148.29	$151.44	-	$155.96
Tangible Book Value per Share	$14.67	$19.37	$20.25	$21.57	$26.52	$30.27	$31.54	$34.59	$37.96	-	$41.95
Total Capital	8,823	8,772	9,164	9,466	10,999	9,092	9,886	10,522	9,984	-	10,664
Total Debt	2,653	2,362	2,757	2,967	4,230	2,197	2,924	3,360	2,688	-	3,237
Total Long-Term Debt	2,536	2,053	2,474	2,686	3,170	845	1,782	2,399	1,989	-	2,294
Net Debt	2,264	1,952	2,360	2,543	3,792	1,780	2,492	2,959	2,259	-	2,801
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00
Net Nonoperating Expense (NNE)	39	101	28	46	31	62	40	50	1.46	-	7.67
Net Nonoperating Obligations (NNO)	2,653	2,362	2,757	2,967	4,230	2,197	2,924	3,360	2,688	-	3,237
Total Depreciation and Amortization (D&A)	64	85	74	109	85	86	95	113	82	-	83
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.25	$3.62	$1.39	$1.77	$3.26	$5.09	$1.17	$2.36	$4.71	$8.49	$3.40
Adjusted Weighted Average Basic Shares Outstanding	47.66M	47.63M	47.49M	47.54M	47.51M	47.49M	47.47M	47.48M	47.34M	47.35M	46.84M
Adjusted Diluted Earnings per Share	$1.23	$3.58	$1.37	$1.75	$3.20	$4.98	$1.14	$2.32	$4.61	$8.33	$3.33
Adjusted Weighted Average Diluted Shares Outstanding	48.39M	48.29M	48.28M	48.32M	48.50M	48.37M	48.38M	48.33M	48.35M	48.31M	47.80M
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	47.57M	94.89M	47.56M	47.46M	47.44M	47.39M	47.47M	47.38M	47.19M	46.85M	46.39M
Normalized Net Operating Profit after Tax (NOPAT)	121	291	93	132	177	315	112	176	231	-	169
Normalized NOPAT Margin	2.37%	4.94%	1.82%	2.34%	3.01%	4.63%	1.96%	2.82%	3.55%	-	2.65%
Pre Tax Income Margin	1.44%	3.15%	1.59%	1.87%	3.27%	4.41%	1.24%	2.20%	4.22%	-	3.09%
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	8.88%	2.87%	2.16%	1.70%	1.36%	0.00%	0.00%	0.00%	0.00%	-	0.00%
Augmented Payout Ratio	28.04%	30.11%	29.32%	23.31%	18.67%	14.76%	14.92%	17.74%	23.80%	-	55.01%

Financials Breakdown Chart

Key Financial Trends

Jones Lang LaSalle (NYSE: JLL) had a mixed start to 2026, with stronger profitability than the prior year’s first quarter, but weaker operating cash flow and a more leveraged balance sheet than many investors may want to see.

For Q1 2026, JLL reported revenue of $6.39 billion, up meaningfully from $5.75 billion in Q1 2025. Net income attributable to common shareholders also improved to $159 million from $55 million a year ago. However, cash flow from operations was negative $755 million, a sharp deterioration from negative $768 million in the prior-year quarter and a big swing from the stronger periods seen later in 2025.

The company’s recent history shows that JLL can generate solid earnings in stronger quarters, but results are volatile. In Q4 2025, revenue reached $7.61 billion and operating cash flow was a healthy $1.01 billion, while Q3 2025 also produced positive operating cash flow of $617 million. That contrast with Q1 2026 suggests seasonality and working-capital swings remain important for the business.

Balance sheet trends were also mixed. As of Q1 2026, JLL held $436 million in cash, total assets of $17.89 billion, and total liabilities of $10.46 billion, leaving common equity of $7.31 billion. Debt remains significant, with $943 million in short-term debt and $2.29 billion in long-term debt.

Revenue growth improved in Q1 2026, rising to $6.39 billion from $5.75 billion in Q1 2025.
Net income rebounded year over year to $159 million from $55 million, showing better profitability.
Q4 2025 and Q3 2025 were strong cash-flow quarters, with operating cash flow of $1.01 billion and $617 million, respectively.
Book equity remains substantial at $7.31 billion, providing a meaningful capital base.
JLL’s business remains highly seasonal and working-capital driven, which can cause large swings in quarterly operating cash flow and earnings.
Intangible assets and goodwill are large, with goodwill at $4.69 billion and other intangibles at $650 million, so asset quality deserves attention.
The company continued share repurchases in Q1 2026, spending $300 million on common equity buybacks.
Operating cash flow was sharply negative in Q1 2026 at negative $755 million, which is a concern despite positive earnings.
Leverage remains notable, with more than $3.2 billion of total debt on the balance sheet.
Cash declined sequentially from Q4 2025, and the Q1 2026 net change in cash was negative $180 million, reflecting pressure from operations.

Bottom line: JLL’s recent income statement trends are encouraging, but the quarter also highlights a key risk for investors: earnings do not always translate into cash. If operating cash flow normalizes after the weak Q1, the company could look healthier; if not, leverage and working-capital volatility may keep sentiment in check.

06/04/26 12:19 AM ETAI Generated. May Contain Errors.

Jones Lang LaSalle Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Jones Lang LaSalle's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Jones Lang LaSalle's net income appears to be on an upward trend, with a most recent value of $792.20 million in 2025, rising from $446.30 million in 2015. The previous period was $546.80 million in 2024. See where experts think Jones Lang LaSalle is headed by visiting Jones Lang LaSalle's forecast page.

Over the last 10 years, Jones Lang LaSalle's total revenue changed from $77.40 million in 2015 to $26.12 billion in 2025, a change of 33,641.1%.

Jones Lang LaSalle's total liabilities were at $10.18 billion at the end of 2025, a 3.1% increase from 2024, and a 194.4% increase since 2015.

In the past 10 years, Jones Lang LaSalle's cash and equivalents has ranged from $216.60 million in 2015 to $599.10 million in 2025, and is currently $599.10 million as of their latest financial filing in 2025.

Related Companies

Financial statements for NYSE:JLL last updated on 5/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Jones Lang LaSalle (JLL) Financials

Financials Breakdown Chart

Key Financial Trends

Jones Lang LaSalle Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Jones Lang LaSalle (JLL) Financials

Annual Income Statements for Jones Lang LaSalle

Quarterly Income Statements for Jones Lang LaSalle

Annual Cash Flow Statements for Jones Lang LaSalle

Quarterly Cash Flow Statements for Jones Lang LaSalle

Annual Balance Sheets for Jones Lang LaSalle

Quarterly Balance Sheets for Jones Lang LaSalle

Annual Metrics And Ratios for Jones Lang LaSalle

Quarterly Metrics And Ratios for Jones Lang LaSalle

Financials Breakdown Chart

Key Financial Trends

Jones Lang LaSalle Financials - Frequently Asked Questions

When does Jones Lang LaSalle's financial year end?

How has Jones Lang LaSalle's net income changed over the last 10 years?

How has Jones Lang LaSalle's revenue changed over the last 10 years?

How much debt does Jones Lang LaSalle have?

How much cash does Jones Lang LaSalle have?

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools