Jones Lang LaSalle Incorporated (JLL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Jones Lang LaSalle Incorporated

NYSE•Real Estate•Real Estate Services

$359.79+6.32(0.02%)Market closed

Market Cap

$16.52B

P/E

15.1x

P/S

0.6x

P/B

2.2x

Jones Lang LaSalle Incorporated operates as a commercial real estate and investment management company. It engages in buying, building, occupying, managing, and investing in office, industrial, hotel, multi-family, retail and data center properties in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company also offers agency leasing, tenant representation, property management, advisory, and consulting services; and debt advisory, loan sales and servicing, value and risk advisory, equity and funds placement, merger and acquisition, corporate advisory, and investment sales and advisory services. In addition, it provides on-site real estate management services for office, industrial, retail, multifamily residential, and other properties; cloud-based software solutions; integrated facilities management, space planning, office design, and workplace strategy consulting services; program and project management, implementation and support, managed services, and advisory/consulting services; and investment management services to institutional investors and high-net-worth individuals, as well as designing, building, management, and consulting services to tenants of leased space, owners in self-occupied buildings, and owners of real estate investments. It provides its services to real estate owners, occupiers, investors, and developers for various property types, including critical environments and data centers, offices, industrial and warehouses, residential properties, infrastructure projects, retail and shopping malls, logistics, and military housing and transportation centers; and hotels and hospitality, cultural, educational, government, healthcare and laboratory, and sports facilities. The company was formerly known as LaSalle Partners Incorporated and changed its name to Jones Lang LaSalle Incorporated in March 1999. Jones Lang LaSalle Incorporated was incorporated in 1997 and is headquartered in Chicago, Illinois.

How this company scores

ExcellentMetricSide Score: 82/100

Strongest: Growth (23/25); weakest: Profitability (17/25).

Profitability17/25

Growth23/25

Balance Sheet & Red Flags19/25

Cash & Earnings Quality23/25

Strengths

Rising free cash flowRising earningsLow leverageCash-backed earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 15.1x5y range 7.9x – 39.8x

Currently below its 20-quarter median.

P/S · 0.6x5y range 0.3x – 0.7x

Currently near its 20-quarter median.

P/B · 2.2x5y range 1.1x – 2.2x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Cash Burn

Watch

FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $16.52B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $28.20B
Q. Revenue: $7.28B
TTM EBITDA: $1.62B
TTM Op. Income: $1.39B
Q. Op. Income: $391.00M
TTM Net Income: $1.09B
Q. Net Income: $318.60M
EPS: $6.97
Shares Out.: $45.91M

$28.20B in TTM revenue grew 11.4% YoY, reaching $7.28B last quarter. TTM EBITDA of $1.62B and TTM operating income of $1.39B show growth is flowing through to the bottom line. TTM net income of $1.09B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 6.1%
Op. Margin: 5.4%
Net Margin: 4.4%

Op. margin of 5.4% is up 1.2% YoY — cost efficiency is improving. Net margin at 4.4% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 15.1x
P/S Ratio: 0.6x
P/B Ratio: 2.2x

At 15.1x P/E, the stock trades within typical market levels. P/S of 0.6x and P/B of 2.2x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 33% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $18.24B
Cash: $514.30M
Long-Term Debt: $836.30M
Book Value: $7.67B
D/E Ratio: 0.1
Debt/EBITDA: 1.9

With $18.24B in assets and $836.30M in long-term debt, D/E is 0.1and book value is $7.67B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $609.70M
TTM Free Cash Flow: $1.11B
FCF Margin: 3.9%
FCF / Net Income: 1.0

TTM FCF of $1.11B on $609.70M in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 22% — a weakening trend.