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Jones Lang Lasalle Inc. (JLL)
NYSE:JLL
Earnings Data
Report Date
May 11, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
2.95Last Year’s EPS
2.31Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed predominantly positive momentum: strong revenue and adjusted EBITDA growth, margin achievement, record cash flow and substantially reduced leverage, robust transactional and leasing momentum, and meaningful productivity gains from proprietary data and AI. The company also highlighted targeted near-term headwinds — notably a ~$11M healthcare cost impact, elevated property-management contract turnover and a decline in incentive fees in investment management — and cautioned about tougher year‑over‑year comps and working-capital timing effects. Overall, management presented confidence in continued growth, a strong pipeline, and plans to increase capital returns, indicating that the positive developments materially outweigh the specific, manageable challenges.Company Guidance
Sustained Top- and Bottom-Line Momentum
Seventh consecutive quarter of double-digit revenue gains and ninth consecutive quarter of double-digit EPS growth; full-year 2025 revenue increased 11% and fourth-quarter revenue rose 10%.
Record Adjusted EBITDA and Margin Achievement
Full-year adjusted EBITDA of $1,450,000,000, up 22% year-over-year and at the top end of guidance; company achieved its midterm margin target in 2025.
Strong Transactional Performance — Capital Markets & Leasing
Broad-based transactional strength: investment sales and related capital markets businesses accelerated (management commentary noted ~26–27% quarter-over-quarter growth in investment sales/capital markets and a 20% increase in debt advisory during the quarter). On a two-year stack, investment sales were +63% and debt advisory revenue was +90%. Leasing revenue rose 17% in Q4, with office leasing up 26% and industrial up 11%; two-year stack leasing growth accelerated to 31%.
Real Estate Management Services Growth and Pipeline
Real estate management services revenue increased 9% in the quarter and 11% for the full year, led by workplace management and double-digit project management growth; management cited a strong pipeline for continued momentum into 2026.
Cash Generation, Leverage and Capital Return
Free cash flow reached an all-time high and cash conversion was meaningfully above long-term average; net leverage improved to 0.2x at year-end (full-year average leverage 0.9x). Share repurchases totaled $80,000,000 in Q4 and $212,000,000 year-to-date (vs $80,000,000 in 2024), and management expects to increase repurchases in 2026. 2026 adjusted EBITDA guidance is $1,575,000,000–$1,675,000,000 (midpoint ≈ +12% YoY).
Technology, Data and AI Driving Productivity
Double-digit software revenue growth in both the quarter and full year; the software and tech segment achieved profitability in the quarter. Management emphasized proprietary data, AI and tech-enabled productivity gains as contributors to margin expansion and higher revenue per producer. Data center-related work doubled year-over-year across lines of business.
Leasing Quality and Market Signals
Office demand reached the highest level since 2019 according to management; large deals (≥100,000 sq ft) were up ~15% YoY, rents were up ~4% in Q4 (JLL data), and average lease durations have increased to ~8 years—signals of improving leasing fundamentals.
JLL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
JLL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 18, 2026 | $286.83 | $314.42 | +9.62% |
Nov 05, 2025 | $299.04 | $287.62 | -3.82% |
Aug 06, 2025 | $273.02 | $275.24 | +0.81% |
May 07, 2025 | $229.88 | $228.16 | -0.75% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Jones Lang Lasalle Inc. (JLL) report earnings?
Jones Lang Lasalle Inc. (JLL) is schdueled to report earning on May 11, 2026, Before Open (Confirmed).
What is Jones Lang Lasalle Inc. (JLL) earnings time?
Jones Lang Lasalle Inc. (JLL) earnings time is at May 11, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is JLL EPS forecast?
JLL EPS forecast for the fiscal quarter 2026 (Q1) is 2.95.