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Global commercial real estate services firm offering brokerage, leasing, investment management and facilities services.
Global commercial real estate services firm offering brokerage, leasing, investment management and facilities services.
Commissions on property leases and sales swing with deal volume, while fees for running buildings and workplaces for companies, under multi-year contracts, are steadier and a large part of revenue. LaSalle adds fees on assets it manages for investors. It mostly acts as agent or adviser rather than as an owner of property.
Moat: narrow (scale, brand, installed base). Global broker network and long-running corporate outsourcing contracts across facilities/property management.
Headquarters: Chicago, Illinois, United States · Founded: 1783 · Employees: 113,200
Size Jones Lang LaSalle (JLL) is a United States Real Estate company (Real Estate Development) with a market value of $16.9B, the 553rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $370.80 on 6 Nov 2026.
Performance Over six months the shares gained 12.4%, against -6.2% for the median peer and -1.1% for the United States market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue grew 11.4% over the last twelve months (peer median +1.2%); the operating margin is 5.2% (peer median 21.9%).
Valuation It trades at 13.4× forward earnings against a peer median of 17.8× (7th cheapest of 21).
Credit Jones Lang LaSalle has 1 bond outstanding ($400M), rated BBB+ by the agencies and trading like BBB at a weighted spread of 69 bp.
Short interest Short interest is 2.9% of the free float (15 Oct 2026).
Next results Next results expected around 2 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $28.2B | $26.1B | $23.4B | $20.8B | $20.9B |
| Revenue growth | — | +11% | +13% | 0% | — |
| Gross profit | $28.0B | $25.9B | $23.2B | $20.5B | $20.6B |
| EBITDA | $1.69B | $1.43B | $1.15B | $916M | $1.20B |
| Net income | $1.10B | $792M | $547M | $225M | $654M |
| Free cash flow | $1.09B | $1.03B | $757M | $413M | $59.0M |
| Capital expenditure | $246M | $216M | $186M | $187M | $206M |
| Total debt | $3.22B | $2.59B | $2.95B | $3.12B | $3.24B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Jones Lang LaSalle JLL | $16.9B | +12% | +11% | 5% | 13.4× | n/a |
| CBRE CBRE | $39.1B | -7% | +14% | 3% | 16.3× | n/a |
| Cushman & Wakefield CWK | $3.28B | -2% | +10% | 4% | 8.8× | n/a |
| Colliers International CIGI.TO | $4.88B | -5% | +14% | 7% | 11.8× | n/a |
| Newmark NMRK | $2.16B | -29% | +16% | 7% | 6.1× | n/a |
| Savills SVS.L | $2.56B | +37% | +7% | 5% | 13.4× | n/a |
| Marcus & Millichap MMI | $1.05B | -9% | +12% | 1% | 56.1× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | JLL | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +22.3% | +7.5% | highest of 21 |
| 6-month return | +12.4% | -6.2% | 4th highest of 21 |
| Distance from 52-week high | -6.3% | -15.6% | 5th highest of 21 |
| Revenue growth (TTM) | +11.4% | +1.2% | 6th highest of 21 |
| Operating margin | 5.2% | 21.9% | 3rd lowest of 21 |
| Forward P/E | 13.4× | 17.8× | 7th cheapest of 21 |
| Bond spread | 69 bp | 103 bp | 3rd tightest of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jones Lang LaSalle JLL | United States | $16.9B | +12% | +11% | 5% | 13.4× | n/a | n/a |
| Hongkong Land H78.SI | Singapore | $17.7B | -1% | -25% | 23% | 20.9× | n/a | n/a |
| Vonovia VNA.DE | Germany | $16.1B | -24% | -17% | 40% | 9.4× | n/a | n/a |
| Henderson Land 0012.HK | Hong Kong | $18.3B | -12% | +46% | 20% | 17.2× | n/a | n/a |
| China Overseas 0688.HK | Hong Kong | $18.4B | -13% | +4% | 11% | 10.2× | n/a | n/a |
| Sumitomo Realty & Development C 8830.T | Japan | $18.8B | -34% | +5% | 29% | 12.8× | n/a | n/a |
| Swire Properties 1972.HK | Hong Kong | $19.4B | +4% | +6% | 49% | 18.3× | n/a | n/a |
| DLF DLF.NS | India | $19.7B | +22% | -29% | 13% | 38.3× | n/a | n/a |
| KE Holdings, Inc. Class A 2423.HK | Hong Kong | $21.4B | +3% | -11% | 6% | 16.8× | n/a | n/a |
| CK Asset 1113.HK | Hong Kong | $21.9B | -3% | +48% | 15% | 12.8× | n/a | n/a |
| Swiss Prime Site SPSN.SW | Switzerland | $13.0B | +1% | -12% | 76% | 31.7× | n/a | n/a |
| Sino Land 0083.HK | Hong Kong | $12.8B | -20% | +15% | 34% | 20.4× | n/a | n/a |
| Wharf Reic 1997.HK | Hong Kong | $12.6B | +24% | -1% | 73% | 14.8× | n/a | n/a |
| Lodha Developers LODHA.NS | India | $12.5B | +22% | +21% | 31% | 27.0× | n/a | n/a |
| China Res Mixc 1209.HK | Hong Kong | $12.1B | -14% | +10% | 28% | 18.4× | n/a | n/a |
| Klepierre LI.PA | France | $11.6B | +8% | +3% | 63% | 13.1× | n/a | n/a |
| Mitsui Fudosan 8801.T | Japan | $27.4B | -5% | -10% | 14% | 14.9× | n/a | n/a |
| China Merchants Shekou Industrial Zone 001979.SZ | China | $10.4B | -10% | -22% | 1% | 69.7× | n/a | n/a |
| Poly Developments & 600048.SS | China | $10.1B | -9% | -4% | 4% | 48.6× | n/a | n/a |
| China Res Land 1109.HK | Hong Kong | $29.1B | -7% | -12% | 16% | 8.9× | n/a | n/a |
| Mitsubishi Estate 8802.T | Japan | $29.5B | -12% | +17% | 21% | 19.2× | n/a | n/a |
Jones Lang LaSalle has 1 bond outstanding with $400M face value. The agencies rate it BBB+; its bonds trade like BBB. Weighted yield 5.16%, a spread of 69 bp over government bonds.