analyzeportfolio
NYSE · Real Estate

JONES LANG LASALLE INC (JLL)

As-reported financials and SEC filings for JONES LANG LASALLE INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About JONES LANG LASALLE INC

Jones Lang LaSalle Incorporated (JLL) is a global commercial real estate services and investment management company operating in over 80 countries. It provides a range of services including workplace management, project management, and property management for various property types such as office, industrial, retail, and data centers. JLL serves clients including real estate owners, occupiers, investors, developers, public-private partnerships, and government entities.

Snapshot

Revenue
$26.12B
Revenue growth (YoY)
11.4%
Net income
$792.1M
Diluted EPS
$16.40
Gross margin
Operating margin
4.2%
Net margin
3.0%
FCF margin
ROE
10.4%
net income / fiscal-year-end equity
P/E
18.8×
trailing when available, otherwise FY EPS
Market cap
$17.76B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Jones Lang Lasalle

  • Revenue grew 11.4% to $26.1B in FY2025, in line with the 12.9% the year before.
  • Operating margin is 4.2% in FY2025, -1.2 pp against 5.4% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $6.9B, up 10.8% from Q2 FY2025.
  • Net income rose 44.9% to $792M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Jones Lang Lasalle’s fundamentals sit among the 226 Real Estate companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin4.2%
27th percentile of 122
Net margin3.0%
40th percentile of 211
Revenue growth (YoY)+11.4%
79th percentile of 221
ROE10.4%
85th percentile of 195
P/E18.8×
24th percentile of 137
Short interest2.85d
23rd percentile of 211

Jones Lang Lasalle’s return on equity of 10.4% ranks in the 85th percentile of the 195 Real Estate companies reporting it.

No reported insider purchases (code P) in the last 90 days; 7 insider sales totaling $4.0M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+6 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
6
5 trimmed, 1 exited
Combined position
$512.9M
reported long value
InvestorAs ofPosition valueSharesChange
Millennium ManagementquantQ2 2026$269.5M869.4KAdded
AQR Capital ManagementquantQ2 2026$170.7M550.7KReduced
Renaissance TechnologiesquantQ2 2026$30.4M98.0KAdded
D. E. ShawquantQ2 2026$18.8M60.6KReduced
Gotham Asset ManagementQ2 2026$18.5M59.7KReduced
Two Sigma InvestmentsquantQ2 2026$2.7M8.7KAdded
Citadel AdvisorsquantQ2 2026$1.3M4.2KReduced
Bridgewater AssociatesQ2 2026$1.1M3.5KReduced

No longer held by: First Eagle Investment Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
7
$4.0M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-21
Ulbrich ChristianCEO & PresidentSell2.0K$386.99$774K
2026-08-20
Ulbrich ChristianCEO & PresidentSell2.0K$385.53$771K
2026-08-19
filed 2026-08-20
Ulbrich ChristianCEO & PresidentSell2.0K$375.16$750K
2026-08-18
Ulbrich ChristianCEO & PresidentSell2.0K$375.00$750K
2026-08-14
filed 2026-08-17
Ulbrich ChristianCEO & PresidentSell2.0K$375.00$750K
2026-06-12
filed 2026-06-16
Quinlan LarryDirectorSell402$301.73$121K
2026-06-05
filed 2026-06-08
Quinlan LarryDirectorSell403$295.14$119K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
823.6K
settled 2026-08-14
Change vs prior
-15.0%
vs previous settlement
Days to cover
2.85
at avg daily volume
Avg daily volume
288.5K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-14823.6K-15.0%2.85
2026-07-31968.8K-10.8%2.32
2026-07-151.1M+2.3%2.93
2026-06-301.1M-6.6%2.28
2026-06-151.1M+21.1%3.27
2026-05-29937.9K+17.2%2.50
2026-05-15800.1K+18.1%2.09
2026-04-30677.7K-8.0%1.39

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$26.12B$23.43B$20.76B$20.86B$19.37B
Gross profit
Operating income$1.10B$868.1M$576.5M$868.1M$1.04B
Net income$792.1M$546.8M$225.4M$654.5M$961.6M
Diluted EPS$16.40$11.30$4.67$13.27$18.47

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$599.1M$416.3M$410.0M$519.3M$593.7M
Current assets$8.18B$7.48B$6.86B$6.57B$6.39B
Total assets$17.80B$16.76B$16.06B$15.59B$15.51B
Current liabilities$7.39B$7.14B$6.45B$5.91B$6.49B
Long-term debt
Total liabilities$10.18B$9.87B$9.65B$9.44B$9.08B
Total equity$7.62B$6.90B$6.41B$6.14B$6.41B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.19B$785.3M$575.8M$199.9M$972.4M
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$6.93B10.8%$214.3M$4.59
Q1 FY2026$6.39B11.1%$159.4M$3.33
Q4 FY2025$7.61B11.7%$8.33
Q3 FY2025$6.51B10.9%$222.4M$4.61
Q2 FY2025$6.25B11.0%$110.5M$2.32
Q1 FY2025$5.75B12.1%$57.5M$1.14
Q4 FY2024$6.81B15.8%$241.2M$4.98
Q3 FY2024$5.87B14.8%$155.1M$3.20

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorReal Estate
SIC industryReal Estate Agents & Managers (For Others)
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2017
SEC CIK1037976

Selected SEC filings

10-Q2026-07-30
View on EDGAR →
10-Q2026-04-30
View on EDGAR →
8-K2026-07-30
View on EDGAR →
8-K2026-05-28
View on EDGAR →
8-K2026-04-30
View on EDGAR →

Largest Real Estate peers

All Real Estate companies →

Monitor JLL

Get an alert when Jones Lang Lasalle files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor JLL free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.