Jones Lang Lasalle (JLL) AI Stock Analysis

• Market Cap: $14.76B
• Dividend Yield: N/A
• Average Volume (3M): 457.10K
• Price to Earnings (P/E): 26.8
• Beta (1Y): 1.39
• Revenue Growth: 13.47%
• EPS Growth: 47.52%
• Country: US
• Employees: 112,100
• Sector: Real Estate
• Sector Strength: 52
• Industry: Real Estate - Services
• EPS (TTM): 3.30
• Shares Outstanding: 47,381,230
• 10 Day Avg. Volume: 364,024
• 30 Day Avg. Volume: 457,096
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.10
• Enterprise Value/Revenue: 0.66
• Enterprise Value/Gross Profit: 1.02
• Enterprise Value/Ebitda: 12.31
• 1Y Price Target: $342.00
• Price Target Upside: 9.79% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 78 Outperform
• Price Target: $334.00 ▲(7.23% Upside)

Jones Lang Lasalle's overall stock score is driven by strong financial performance and positive earnings call sentiment, indicating robust growth and operational efficiency. Technical analysis shows bullish momentum, although valuation concerns exist due to a high P/E ratio and no dividend yield. The company's strategic focus on sustainable growth and improved liquidity further supports the positive outlook.

Positive Factors

Financial Performance

JLL reported a gross revenue increase of 11% year-over-year in constant currency, which was in line with estimates and slightly above consensus.

Market Trends

Management believes there are several industry trends that will serve as long-term growth drivers, including growing propensity to outsource real estate services and increased urbanization.

Profit Guidance

Management raised the low end of its profit guidance by $50 million, reflecting growth expectations of 21% at the midpoint.

Negative Factors

Earnings

Adjusted EPS were $0.13 below the estimate due to the impact of a $14 million loan loss in the DUS business.

Interest Rates

The recent rise in interest rates could begin to weigh on activity.

Macro Uncertainty

Decision-making may be delayed some due to increased macro uncertainty.

Jones Lang Lasalle Business Overview & Revenue Model

Company Description

Jones Lang LaSalle Incorporated, a professional services company, provides real estate and investment management services in Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a range of real estate services, including agency leasing and tenant representation services; and capital market services, such as debt advisory, loan sales, equity advisory, loan servicing, merger and acquisition, corporate advisory, and investment sales and advisory services. It also provides on-site management services for office, industrial, retail, multifamily residential, and specialty properties; integrated facilities management services; designing, building, management, and consulting services to tenants of leased space, owners in self-occupied buildings, and owners of real estate investments; and advisory, consulting, valuation, and energy and sustainability services. In addition, the company offers investment management services to institutional and retail investors, including high-net-worth individuals. It provides its services to real estate owners, occupiers, investors, and developers for various property types, including cultural, educational, government, healthcare, laboratory, hotel, hospitality, and sports facilities; industrial and warehouse, office, and residential properties; retail and shopping malls; critical environment, data, transportation, and sort and fulfillment centers; infrastructure projects; and military housings. 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 the Company Makes Money

JLL generates revenue through multiple streams primarily from its service offerings. Key revenue streams include property and facility management fees, leasing commissions, and advisory services. The company earns property management fees by managing real estate assets on behalf of clients, while leasing commissions are generated from facilitating transactions between landlords and tenants. Additionally, JLL provides capital markets services, which involve advising clients on real estate investments and financing, further contributing to its income. Strategic partnerships with financial institutions and real estate developers also enhance JLL's service capabilities and market reach. The firm leverages its global presence and expertise in technology to optimize operations and improve client outcomes, thereby driving profitability.

Jones Lang Lasalle Financial Statement Overview

Summary

Jones Lang Lasalle demonstrates strong revenue growth and cost management with high gross profit margins. However, the net profit margin is relatively low, indicating room for improvement in profitability. The balance sheet shows a balanced leverage strategy with a solid equity base, and cash flow generation is improving, though there are some constraints in operating cash flow relative to net income.

Income Statement

Jones Lang Lasalle has demonstrated consistent revenue growth, with a TTM revenue growth rate of 2.58%. The gross profit margin is exceptionally high at 99.73% for TTM, indicating strong cost management. However, the net profit margin is relatively low at 2.29%, suggesting room for improvement in profitability. EBIT and EBITDA margins are stable, reflecting operational efficiency.

Balance Sheet

The company's debt-to-equity ratio is moderate at 0.58, indicating a balanced approach to leveraging. Return on equity is reasonable at 8.26%, showing effective use of equity capital. The equity ratio stands at 40.60%, suggesting a solid equity base relative to total assets.

Cash Flow

Free cash flow has shown a growth rate of 10.37% TTM, indicating improved cash generation. The operating cash flow to net income ratio is 0.11, which is relatively low, suggesting potential cash flow constraints. However, the free cash flow to net income ratio is strong at 0.74, reflecting good cash conversion efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	24.68B	23.43B	20.76B	20.86B	19.37B	16.59B
Gross Profit	15.86B	12.14B	10.69B	11.21B	10.88B	8.64B
EBITDA	1.32B	1.25B	1.01B	1.20B	1.35B	927.90M
Net Income	563.90M	546.80M	225.40M	654.50M	961.60M	402.50M
Balance Sheet
Total Assets	17.34B	16.76B	16.06B	15.59B	15.51B	14.32B
Cash, Cash Equivalents and Short-Term Investments	401.40M	416.30M	410.00M	519.30M	593.70M	574.30M
Total Debt	4.11B	2.95B	3.12B	3.14B	2.62B	3.10B
Total Liabilities	10.18B	9.87B	9.65B	9.44B	9.08B	8.70B
Stockholders Equity	7.04B	6.77B	6.29B	6.02B	6.18B	5.52B
Cash Flow
Free Cash Flow	561.10M	599.80M	388.90M	-5.90M	796.50M	965.30M
Operating Cash Flow	754.10M	785.30M	575.80M	199.90M	972.40M	1.11B
Investing Cash Flow	-363.10M	-316.80M	-290.40M	-243.10M	-805.80M	-170.60M
Financing Cash Flow	-400.30M	-451.20M	-374.30M	-13.10M	-143.80M	-771.20M

Jones Lang Lasalle Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 311.49
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JLL, the sentiment is Positive. The current price of 311.49 is above the 20-day moving average (MA) of 297.77, above the 50-day MA of 275.68, and above the 200-day MA of 256.35, indicating a bullish trend. The MACD of 9.75 indicates Positive momentum. The RSI at 71.75 is Negative, neither overbought nor oversold. The STOCH value of 75.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JLL.

Jones Lang Lasalle Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JLL	78 Outperform	$14.76B	26.77	8.40%	―	13.47%	47.52%
CWK	75 Outperform	$3.67B	18.84	11.62%	―	4.63%	887.64%
CBRE	74 Outperform	$48.11B	46.05	13.13%	―	14.96%	19.11%
CSGP	73 Outperform	$37.90B	350.96	1.30%	―	12.18%	-51.21%
NMRK	66 Neutral	$3.17B	42.02	6.00%	0.65%	16.29%	69.89%
Sector *	63 Neutral	$7.09B	13.59	-0.50%	6.85%	4.08%	-25.24%
MMI	55 Neutral	$1.29B	―	-1.99%	1.51%	17.89%	65.32%

Jones Lang Lasalle Corporate Events

Jones Lang LaSalle Holds Annual Shareholder Meeting

On May 21, 2025, Jones Lang LaSalle held its Annual Meeting of Shareholders, where 95.15% of the total outstanding shares were represented. During the meeting, thirteen directors were elected for one-year terms, executive compensation was approved, the 2019 Stock Award and Incentive Plan was amended, and KPMG, LLP was ratified as the independent accounting firm for 2025.