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JONES LANG LASALLE INC (JLL) Stock Fundamental Analysis

NYSE:JLL - New York Stock Exchange, Inc. - US48020Q1076 - Common Stock - Currency: USD

238.46  +1.02 (+0.43%)

After market: 238.46 0 (0%)

Fundamental Rating

5

Overall JLL gets a fundamental rating of 5 out of 10. We evaluated JLL against 64 industry peers in the Real Estate Management & Development industry. Both the profitability and the financial health of JLL get a neutral evaluation. Nothing too spectacular is happening here. JLL is valued quite cheap, while showing a decent growth score. This is a good combination! This makes JLL very considerable for value investing!


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

In the past year JLL was profitable.
JLL had a positive operating cash flow in the past year.
In the past 5 years JLL has always been profitable.
Each year in the past 5 years JLL had a positive operating cash flow.
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 3.22%, JLL belongs to the best of the industry, outperforming 85.94% of the companies in the same industry.
JLL has a better Return On Equity (7.84%) than 81.25% of its industry peers.
JLL's Return On Invested Capital of 6.72% is amongst the best of the industry. JLL outperforms 89.06% of its industry peers.
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 5.60%.
Industry RankSector Rank
ROA 3.22%
ROE 7.84%
ROIC 6.72%
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 has a Profit Margin of 2.23%. This is in the better half of the industry: JLL outperforms 67.19% of its industry peers.
JLL's Profit Margin has declined in the last couple of years.
JLL's Operating Margin of 3.80% is fine compared to the rest of the industry. JLL outperforms 62.50% of its industry peers.
In the last couple of years the Operating Margin of JLL has declined.
Industry RankSector Rank
OM 3.8%
PM (TTM) 2.23%
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

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), JLL is destroying value.
Compared to 1 year ago, JLL has about the same amount of shares outstanding.
The number of shares outstanding for JLL has been reduced compared to 5 years ago.
The debt/assets ratio for JLL has been reduced compared to a year ago.
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

JLL has an Altman-Z score of 2.90. This is not the best score and indicates that JLL is in the grey zone with still only limited risk for bankruptcy at the moment.
JLL's Altman-Z score of 2.90 is fine compared to the rest of the industry. JLL outperforms 73.44% of its industry peers.
JLL has a debt to FCF ratio of 5.45. This is a neutral value as JLL would need 5.45 years to pay back of all of its debts.
JLL has a Debt to FCF ratio of 5.45. This is in the better half of the industry: JLL outperforms 78.13% of its industry peers.
A Debt/Equity ratio of 0.40 indicates that JLL is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.40, JLL is in line with its industry, outperforming 56.25% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.4
Debt/FCF 5.45
Altman-Z 2.9
ROIC/WACC0.79
WACC8.53%
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 1.09 indicates that JLL should not have too much problems paying its short term obligations.
JLL's Current ratio of 1.09 is on the low side compared to the rest of the industry. JLL is outperformed by 64.06% of its industry peers.
A Quick Ratio of 1.09 indicates that JLL should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.09, JLL is in line with its industry, outperforming 42.19% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.09
Quick Ratio 1.09
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

4

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 70.31% 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 13.63% in the last year.
JLL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.44% yearly.
EPS 1Y (TTM)70.31%
EPS 3Y-10.53%
EPS 5Y0.41%
EPS Q2Q%29.78%
Revenue 1Y (TTM)13.63%
Revenue growth 3Y6.56%
Revenue growth 5Y5.44%
Sales Q2Q%251.46%

3.2 Future

The Earnings Per Share is expected to grow by 16.05% on average over the next years. This is quite good.
The Revenue is expected to decrease by -0.94% on average over the next years.
EPS Next Y19.89%
EPS Next 2Y19.51%
EPS Next 3Y17.12%
EPS Next 5Y16.05%
Revenue Next Year9.55%
Revenue Next 2Y8.9%
Revenue Next 3Y8.51%
Revenue Next 5Y-0.94%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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

8

4. Valuation

4.1 Price/Earnings Ratio

JLL is valuated correctly with a Price/Earnings ratio of 16.43.
Based on the Price/Earnings ratio, JLL is valued cheaper than 82.81% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.35. JLL is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 11.94 indicates a reasonable valuation of JLL.
Based on the Price/Forward Earnings ratio, JLL is valued cheaper than 93.75% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.19. JLL is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 16.43
Fwd PE 11.94
JLL Price Earnings VS Forward Price EarningsJLL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, JLL is valued cheaper than 87.50% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, JLL is valued cheaply inside the industry as 81.25% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 22.27
EV/EBITDA 10.22
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

JLL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
JLL has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as JLL's earnings are expected to grow with 17.12% in the coming years.
PEG (NY)0.83
PEG (5Y)40.53
EPS Next 2Y19.51%
EPS Next 3Y17.12%

0

5. Dividend

5.1 Amount

JLL does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

JONES LANG LASALLE INC

NYSE:JLL (6/20/2025, 8:04:00 PM)

After market: 238.46 0 (0%)

238.46

+1.02 (+0.43%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)05-07 2025-05-07/bmo
Earnings (Next)08-04 2025-08-04/bmo
Inst Owners96.73%
Inst Owner Change2.11%
Ins Owners0.83%
Ins Owner Change4.64%
Market Cap11.32B
Analysts82.86
Price Target303.23 (27.16%)
Short Float %1.12%
Short Ratio1.23
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)3.9%
Min EPS beat(2)3%
Max EPS beat(2)4.8%
EPS beat(4)4
Avg EPS beat(4)8.11%
Min EPS beat(4)1.44%
Max EPS beat(4)23.2%
EPS beat(8)6
Avg EPS beat(8)9.47%
EPS beat(12)7
Avg EPS beat(12)-0.97%
EPS beat(16)11
Avg EPS beat(16)15.42%
Revenue beat(2)2
Avg Revenue beat(2)1.87%
Min Revenue beat(2)0.47%
Max Revenue beat(2)3.26%
Revenue beat(4)2
Avg Revenue beat(4)-15.61%
Min Revenue beat(4)-64.39%
Max Revenue beat(4)3.26%
Revenue beat(8)5
Avg Revenue beat(8)-7.02%
Revenue beat(12)8
Avg Revenue beat(12)32.68%
Revenue beat(16)12
Avg Revenue beat(16)66.54%
PT rev (1m)-1%
PT rev (3m)-10.66%
EPS NQ rev (1m)-0.05%
EPS NQ rev (3m)-8.82%
EPS NY rev (1m)1.19%
EPS NY rev (3m)-0.78%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)-2.74%
Revenue NY rev (1m)0.81%
Revenue NY rev (3m)-1.47%
Valuation
Industry RankSector Rank
PE 16.43
Fwd PE 11.94
P/S 0.47
P/FCF 22.27
P/OCF 16.28
P/B 1.66
P/tB 7.57
EV/EBITDA 10.22
EPS(TTM)14.51
EY6.08%
EPS(NY)19.97
Fwd EY8.37%
FCF(TTM)10.71
FCFY4.49%
OCF(TTM)14.65
OCFY6.14%
SpS506.74
BVpS144.07
TBVpS31.49
PEG (NY)0.83
PEG (5Y)40.53
Profitability
Industry RankSector Rank
ROA 3.22%
ROE 7.84%
ROCE 9.15%
ROIC 6.72%
ROICexc 6.98%
ROICexgc 13.4%
OM 3.8%
PM (TTM) 2.23%
GM N/A
FCFM 2.11%
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 Turnover1.45
Health
Industry RankSector Rank
Debt/Equity 0.4
Debt/FCF 5.45
Debt/EBITDA 2.34
Cap/Depr 70.12%
Cap/Sales 0.78%
Interest Coverage 6.38
Cash Conversion 58.85%
Profit Quality 94.85%
Current Ratio 1.09
Quick Ratio 1.09
Altman-Z 2.9
F-Score8
WACC8.53%
ROIC/WACC0.79
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)70.31%
EPS 3Y-10.53%
EPS 5Y0.41%
EPS Q2Q%29.78%
EPS Next Y19.89%
EPS Next 2Y19.51%
EPS Next 3Y17.12%
EPS Next 5Y16.05%
Revenue 1Y (TTM)13.63%
Revenue growth 3Y6.56%
Revenue growth 5Y5.44%
Sales Q2Q%251.46%
Revenue Next Year9.55%
Revenue Next 2Y8.9%
Revenue Next 3Y8.51%
Revenue Next 5Y-0.94%
EBIT growth 1Y23.72%
EBIT growth 3Y-7.75%
EBIT growth 5Y-0.18%
EBIT Next Year50.42%
EBIT Next 3Y22.81%
EBIT Next 5Y15.9%
FCF growth 1Y6081.18%
FCF growth 3Y-9.02%
FCF growth 5Y22.57%
OCF growth 1Y247.6%
OCF growth 3Y-6.88%
OCF growth 5Y10.17%