(JLL) Jones Lang LaSalle - Overview
Stock: Leasing, Management, Investment, Advisory, Consulting
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 38.5% |
| Relative Tail Risk | -10.2% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.63 |
| Alpha | 3.38 |
| Character TTM | |
|---|---|
| Beta | 1.117 |
| Beta Downside | 1.257 |
| Drawdowns 3y | |
|---|---|
| Max DD | 32.82% |
| CAGR/Max DD | 0.75 |
Description: JLL Jones Lang LaSalle January 03, 2026
Jones Lang LaSalle Inc. (JLL) is a global commercial real-estate and investment-management firm that buys, builds, occupies, manages, and invests across a full spectrum of property types-including office, industrial, hotel, residential, retail, data-center, and specialized assets such as military housing and healthcare facilities-in the Americas, EMEA, and APAC.
Beyond core brokerage and property-management services, JLL offers a suite of advisory capabilities: tenant representation, debt and equity placement, M&A advisory, risk-and-value consulting, and cloud-based real-estate software. It also delivers integrated facilities management, space-planning, workplace-strategy consulting, and project-implementation services for both owners and occupiers.
Key operational metrics (FY 2023) illustrate the scale and efficiency of the business: total revenue of $20.5 billion, adjusted EBITDA margin of ≈ 31 %, and a diversified client base of ≈ 2,600 institutional investors and high-net-worth individuals. Occupancy rates in its core office and industrial segments remain above 90 % in North America, while its logistics platform has benefited from a 12 % YoY increase in warehouse leasing volume driven by e-commerce demand.
Macro-level drivers that materially affect JLL’s outlook include: (1) the trajectory of U.S. and European interest rates, which influence cap-rate compression and financing costs; (2) the ongoing office-to-flex-space transition, prompting higher demand for hybrid-work design services; and (3) ESG and sustainability mandates, under which JLL’s Green Lease and carbon-management offerings are gaining traction and can translate into fee-based revenue growth.
For a deeper quantitative view of JLL’s valuation and risk profile, you might explore ValueRay’s analyst tools to supplement your research.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 631.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 3.00 > 1.0 |
| NWC/Revenue: 2.71% < 20% (prev 1.68%; Δ 1.03% < -1%) |
| CFO/TA 0.06 > 3% & CFO 1.11b > Net Income 631.6m |
| Net Debt (3.05b) to EBITDA (1.43b): 2.14 < 3 |
| Current Ratio: 1.10 > 1.5 & < 3 |
| Outstanding Shares: last quarter (48.3m) vs 12m ago -0.31% < -2% |
| Gross Margin: 51.15% > 18% (prev 0.52%; Δ 5063 % > 0.5%) |
| Asset Turnover: 144.7% > 50% (prev 126.3%; Δ 18.39% > 0%) |
| Interest Coverage Ratio: 11.58 > 6 (EBITDA TTM 1.43b / Interest Expense TTM 91.1m) |
Altman Z'' 2.59
| A: 0.04 (Total Current Assets 7.64b - Total Current Liabilities 6.96b) / Total Assets 17.18b |
| B: 0.39 (Retained Earnings 6.71b / Total Assets 17.18b) |
| C: 0.06 (EBIT TTM 1.05b / Avg Total Assets 17.50b) |
| D: 0.62 (Book Value of Equity 6.14b / Total Liabilities 9.88b) |
| Altman-Z'' Score: 2.59 = A |
Beneish M -3.01
| DSRI: 0.89 (Receivables 2.34b/2.33b, Revenue 25.32b/22.50b) |
| GMI: 1.01 (GM 51.15% / 51.54%) |
| AQI: 1.05 (AQ_t 0.48 / AQ_t-1 0.45) |
| SGI: 1.13 (Revenue 25.32b / 22.50b) |
| TATA: -0.03 (NI 631.6m - CFO 1.11b) / TA 17.18b) |
| Beneish M-Score: -3.01 (Cap -4..+1) = AA |
What is the price of JLL shares?
Over the past week, the price has changed by -4.23%, over one month by -2.22%, over three months by +18.98% and over the past year by +21.29%.
Is JLL a buy, sell or hold?
- StrongBuy: 5
- Buy: 3
- Hold: 2
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the JLL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 381 | 11.2% |
| Analysts Target Price | 381 | 11.2% |
| ValueRay Target Price | 384.1 | 12.1% |
JLL Fundamental Data Overview January 31, 2026
P/E Forward = 17.8253
P/S = 0.6642
P/B = 2.359
P/EG = 0.933
Revenue TTM = 25.32b USD
EBIT TTM = 1.05b USD
EBITDA TTM = 1.43b USD
Long Term Debt = 982.9m USD (from longTermDebt, last quarter)
Short Term Debt = 1.71b USD (from shortTermDebt, last quarter)
Debt = 3.48b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.05b USD (from netDebt column, last quarter)
Enterprise Value = 19.87b USD (16.82b + Debt 3.48b - CCE 428.9m)
Interest Coverage Ratio = 11.58 (Ebit TTM 1.05b / Interest Expense TTM 91.1m)
EV/FCF = 21.79x (Enterprise Value 19.87b / FCF TTM 912.0m)
FCF Yield = 4.59% (FCF TTM 912.0m / Enterprise Value 19.87b)
FCF Margin = 3.60% (FCF TTM 912.0m / Revenue TTM 25.32b)
Net Margin = 2.49% (Net Income TTM 631.6m / Revenue TTM 25.32b)
Gross Margin = 51.15% ((Revenue TTM 25.32b - Cost of Revenue TTM 12.37b) / Revenue TTM)
Gross Margin QoQ = 51.58% (prev 49.94%)
Tobins Q-Ratio = 1.16 (Enterprise Value 19.87b / Total Assets 17.18b)
Interest Expense / Debt = 0.84% (Interest Expense 29.2m / Debt 3.48b)
Taxrate = 19.13% (52.6m / 275.0m)
NOPAT = 852.8m (EBIT 1.05b * (1 - 19.13%))
Current Ratio = 1.10 (Total Current Assets 7.64b / Total Current Liabilities 6.96b)
Debt / Equity = 0.49 (Debt 3.48b / totalStockholderEquity, last quarter 7.18b)
Debt / EBITDA = 2.14 (Net Debt 3.05b / EBITDA 1.43b)
Debt / FCF = 3.35 (Net Debt 3.05b / FCF TTM 912.0m)
Total Stockholder Equity = 6.96b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.61% (Net Income 631.6m / Total Assets 17.18b)
RoE = 9.08% (Net Income TTM 631.6m / Total Stockholder Equity 6.96b)
RoCE = 13.28% (EBIT 1.05b / Capital Employed (Equity 6.96b + L.T.Debt 982.9m))
RoIC = 8.90% (NOPAT 852.8m / Invested Capital 9.59b)
WACC = 8.43% (E(16.82b)/V(20.30b) * Re(10.03%) + D(3.48b)/V(20.30b) * Rd(0.84%) * (1-Tc(0.19)))
Discount Rate = 10.03% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.03%
[DCF Debug] Terminal Value 79.11% ; FCFF base≈712.0m ; Y1≈833.1m ; Y5≈1.26b
Fair Price DCF = 353.4 (EV 19.73b - Net Debt 3.05b = Equity 16.68b / Shares 47.2m; r=8.43% [WACC]; 5y FCF grow 18.11% → 2.90% )
EPS Correlation: -14.27 | EPS CAGR: -47.69% | SUE: -4.0 | # QB: 0
Revenue Correlation: 62.78 | Revenue CAGR: 2.45% | SUE: 0.01 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.91 | Chg30d=-0.011 | Revisions Net=+1 | Analysts=7
EPS next Year (2026-12-31): EPS=20.41 | Chg30d=+0.064 | Revisions Net=+1 | Growth EPS=+17.3% | Growth Revenue=+6.9%