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JONES LANG LASALLE INC (JLL) Stock Fundamental Analysis

USA - NYSE:JLL - US48020Q1076 - Common Stock

321.18 USD
+4.2 (+1.33%)
Last: 9/18/2025, 10:00:38 AM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to JLL. JLL was compared to 63 industry peers in the Real Estate Management & Development industry. JLL has only an average score on both its financial health and profitability. JLL has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

JLL had positive earnings in the past year.
In the past year JLL had a positive cash flow from operations.
Each year in the past 5 years JLL has been profitable.
In the past 5 years JLL always reported a positive cash flow from operatings.
JLL Yearly Net Income VS EBIT VS OCF VS FCFJLL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M 1B

1.2 Ratios

With an excellent Return On Assets value of 3.25%, JLL belongs to the best of the industry, outperforming 82.54% of the companies in the same industry.
With a decent Return On Equity value of 8.01%, JLL is doing good in the industry, outperforming 79.37% of the companies in the same industry.
With an excellent Return On Invested Capital value of 6.77%, JLL belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
JLL had an Average Return On Invested Capital over the past 3 years of 6.88%. This is in line with the industry average of 6.57%.
Industry RankSector Rank
ROA 3.25%
ROE 8.01%
ROIC 6.77%
ROA(3y)2.96%
ROA(5y)3.58%
ROE(3y)7.51%
ROE(5y)9.08%
ROIC(3y)6.88%
ROIC(5y)7.31%
JLL Yearly ROA, ROE, ROICJLL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

JLL's Profit Margin of 2.29% is fine compared to the rest of the industry. JLL outperforms 63.49% of its industry peers.
JLL's Profit Margin has declined in the last couple of years.
JLL has a Operating Margin (3.93%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of JLL has declined.
Industry RankSector Rank
OM 3.93%
PM (TTM) 2.29%
GM N/A
OM growth 3Y-13.42%
OM growth 5Y-5.33%
PM growth 3Y-22.26%
PM growth 5Y-4.71%
GM growth 3YN/A
GM growth 5YN/A
JLL Yearly Profit, Operating, Gross MarginsJLL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

5

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so JLL is destroying value.
JLL has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, JLL has less shares outstanding
JLL has a better debt/assets ratio than last year.
JLL Yearly Shares OutstandingJLL Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
JLL Yearly Total Debt VS Total AssetsJLL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.2 Solvency

An Altman-Z score of 3.05 indicates that JLL is not in any danger for bankruptcy at the moment.
JLL has a better Altman-Z score (3.05) than 69.84% of its industry peers.
JLL has a debt to FCF ratio of 5.69. This is a neutral value as JLL would need 5.69 years to pay back of all of its debts.
JLL's Debt to FCF ratio of 5.69 is fine compared to the rest of the industry. JLL outperforms 71.43% of its industry peers.
A Debt/Equity ratio of 0.45 indicates that JLL is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.45, JLL is in line with its industry, outperforming 53.97% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF 5.69
Altman-Z 3.05
ROIC/WACC0.72
WACC9.46%
JLL Yearly LT Debt VS Equity VS FCFJLL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B

2.3 Liquidity

A Current Ratio of 1.10 indicates that JLL should not have too much problems paying its short term obligations.
JLL's Current ratio of 1.10 is on the low side compared to the rest of the industry. JLL is outperformed by 65.08% of its industry peers.
JLL has a Quick Ratio of 1.10. This is a normal value and indicates that JLL is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.10, JLL is not doing good in the industry: 65.08% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.1
Quick Ratio 1.1
JLL Yearly Current Assets VS Current LiabilitesJLL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

6

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 44.37% over the past year.
The Earnings Per Share has been growing slightly by 0.41% on average over the past years.
Looking at the last year, JLL shows a quite strong growth in Revenue. The Revenue has grown by 13.47% in the last year.
The Revenue has been growing slightly by 5.44% on average over the past years.
EPS 1Y (TTM)44.37%
EPS 3Y-10.53%
EPS 5Y0.41%
EPS Q2Q%29.41%
Revenue 1Y (TTM)13.47%
Revenue growth 3Y6.56%
Revenue growth 5Y5.44%
Sales Q2Q%230.17%

3.2 Future

The Earnings Per Share is expected to grow by 16.43% on average over the next years. This is quite good.
JLL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.37% yearly.
EPS Next Y20.31%
EPS Next 2Y19.54%
EPS Next 3Y17.61%
EPS Next 5Y16.43%
Revenue Next Year11.39%
Revenue Next 2Y9.98%
Revenue Next 3Y9.24%
Revenue Next 5Y7.37%

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
JLL Yearly Revenue VS EstimatesJLL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 10B 20B 30B
JLL Yearly EPS VS EstimatesJLL Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 10 20 30

6

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 21.05 indicates a rather expensive valuation of JLL.
82.54% of the companies in the same industry are more expensive than JLL, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of JLL to the average of the S&P500 Index (27.20), we can say JLL is valued slightly cheaper.
The Price/Forward Earnings ratio is 16.08, which indicates a correct valuation of JLL.
JLL's Price/Forward Earnings ratio is rather cheap when compared to the industry. JLL is cheaper than 90.48% of the companies in the same industry.
JLL is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.70, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 21.05
Fwd PE 16.08
JLL Price Earnings VS Forward Price EarningsJLL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of JLL indicates a rather cheap valuation: JLL is cheaper than 85.71% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, JLL is valued cheaper than 80.95% of the companies in the same industry.
Industry RankSector Rank
P/FCF 27.12
EV/EBITDA 12.72
JLL Per share dataJLL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 100 200 300 400 500

4.3 Compensation for Growth

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
JLL's earnings are expected to grow with 17.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.04
PEG (5Y)51.91
EPS Next 2Y19.54%
EPS Next 3Y17.61%

0

5. Dividend

5.1 Amount

No dividends for JLL!.
Industry RankSector Rank
Dividend Yield N/A

JONES LANG LASALLE INC

NYSE:JLL (9/18/2025, 10:00:38 AM)

321.18

+4.2 (+1.33%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)08-06 2025-08-06/bmo
Earnings (Next)11-04 2025-11-04/bmo
Inst Owners97.25%
Inst Owner Change-1.09%
Ins Owners0.83%
Ins Owner Change2.35%
Market Cap15.22B
Analysts81.33
Price Target350.44 (9.11%)
Short Float %1.69%
Short Ratio1.85
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.43%
Min EPS beat(2)2.06%
Max EPS beat(2)4.8%
EPS beat(4)4
Avg EPS beat(4)8.26%
Min EPS beat(4)2.06%
Max EPS beat(4)23.2%
EPS beat(8)7
Avg EPS beat(8)19.18%
EPS beat(12)7
Avg EPS beat(12)-1.06%
EPS beat(16)11
Avg EPS beat(16)6.39%
Revenue beat(2)1
Avg Revenue beat(2)1.42%
Min Revenue beat(2)-0.41%
Max Revenue beat(2)3.26%
Revenue beat(4)2
Avg Revenue beat(4)-15.27%
Min Revenue beat(4)-64.39%
Max Revenue beat(4)3.26%
Revenue beat(8)4
Avg Revenue beat(8)-14.58%
Revenue beat(12)7
Avg Revenue beat(12)14.52%
Revenue beat(16)11
Avg Revenue beat(16)50.48%
PT rev (1m)8.48%
PT rev (3m)15.57%
EPS NQ rev (1m)-0.36%
EPS NQ rev (3m)-0.88%
EPS NY rev (1m)0.36%
EPS NY rev (3m)1.55%
Revenue NQ rev (1m)2.04%
Revenue NQ rev (3m)4.02%
Revenue NY rev (1m)-0.59%
Revenue NY rev (3m)1.46%
Valuation
Industry RankSector Rank
PE 21.05
Fwd PE 16.08
P/S 0.62
P/FCF 27.12
P/OCF 20.18
P/B 2.16
P/tB 9.27
EV/EBITDA 12.72
EPS(TTM)15.26
EY4.75%
EPS(NY)19.98
Fwd EY6.22%
FCF(TTM)11.84
FCFY3.69%
OCF(TTM)15.92
OCFY4.96%
SpS520.81
BVpS148.58
TBVpS34.66
PEG (NY)1.04
PEG (5Y)51.91
Profitability
Industry RankSector Rank
ROA 3.25%
ROE 8.01%
ROCE 9.53%
ROIC 6.77%
ROICexc 7%
ROICexgc 12.91%
OM 3.93%
PM (TTM) 2.29%
GM N/A
FCFM 2.27%
ROA(3y)2.96%
ROA(5y)3.58%
ROE(3y)7.51%
ROE(5y)9.08%
ROIC(3y)6.88%
ROIC(5y)7.31%
ROICexc(3y)7.19%
ROICexc(5y)7.7%
ROICexgc(3y)15.45%
ROICexgc(5y)17.13%
ROCE(3y)8.81%
ROCE(5y)9.53%
ROICexcg growth 3Y-15.65%
ROICexcg growth 5Y-7.84%
ROICexc growth 3Y-10.9%
ROICexc growth 5Y-4.7%
OM growth 3Y-13.42%
OM growth 5Y-5.33%
PM growth 3Y-22.26%
PM growth 5Y-4.71%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover1.42
Health
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF 5.69
Debt/EBITDA 2.57
Cap/Depr 71.01%
Cap/Sales 0.78%
Interest Coverage 7.25
Cash Conversion 60.74%
Profit Quality 99.5%
Current Ratio 1.1
Quick Ratio 1.1
Altman-Z 3.05
F-Score8
WACC9.46%
ROIC/WACC0.72
Cap/Depr(3y)80.38%
Cap/Depr(5y)77.6%
Cap/Sales(3y)0.89%
Cap/Sales(5y)0.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)44.37%
EPS 3Y-10.53%
EPS 5Y0.41%
EPS Q2Q%29.41%
EPS Next Y20.31%
EPS Next 2Y19.54%
EPS Next 3Y17.61%
EPS Next 5Y16.43%
Revenue 1Y (TTM)13.47%
Revenue growth 3Y6.56%
Revenue growth 5Y5.44%
Sales Q2Q%230.17%
Revenue Next Year11.39%
Revenue Next 2Y9.98%
Revenue Next 3Y9.24%
Revenue Next 5Y7.37%
EBIT growth 1Y30.61%
EBIT growth 3Y-7.75%
EBIT growth 5Y-0.18%
EBIT Next Year50.42%
EBIT Next 3Y22.49%
EBIT Next 5Y16.12%
FCF growth 1Y960.68%
FCF growth 3Y-9.02%
FCF growth 5Y22.57%
OCF growth 1Y190.04%
OCF growth 3Y-6.88%
OCF growth 5Y10.17%