JLL · NYSE · Real Estate - Services

Jones Lang LaSalle

Managing properties and workplaces while advising on leases, transactions, capital and real-estate investment.

$378.01
After-hours close+0.01 (+0.00%)
At close$378.00(−0.20%)
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Profile

Jones Lang LaSalle IncorporatedJLLReal Estate

Provides property and workplace management, leasing advice, capital-markets services, investment management and real-estate technology across a global platform. Contract-based management and advisory fees sit alongside cyclical transaction income, making results dependent on outsourcing demand, workplace decisions, property activity, financing availability and asset values.

Provides commercial real estate management, leasing advice, capital markets services, investment management and property technology. Real Estate Management Services spans workplace, project, property and portfolio management, while Leasing Advisory and Capital Markets Services earn fees from leases, property transactions, financing and valuation work.

Operates across more than 80 countries, with most revenue generated in the United States and the rest spread internationally. LaSalle manages real estate capital for institutional and private clients, while technology products support building operations, analytics and workplace decisions.

Combines contract-based management, advisory fees and loan servicing with more cyclical transaction income. Execution depends on coordinating a large global workforce and integrating acquired capabilities. Results also depend on outsourcing demand, workplace and occupancy decisions, property transaction volumes, financing availability, asset values and technology execution.

Company facts

CEOChristian Ulbrich
ListedJul 17, 1997
ExchangeNYSE
HeadquartersChicago, IL
CountryUnited States
Employees113,200
CIK0001037976
ISINUS48020Q1076

Key statistics

Market cap$17.39B
EPS (ttm)$20.86
P/E (ttm)18.12
ROE13.6%
P/B2.36
P/S0.6339
Dividend yield
Beta0.94vs XLRE 0.66

Year to date +12.6% · Average volume (30d) 338.2K

Analysts

Price target, next 12 months$450.50+19.2%Median of 12 analysts · vs the Aug 28 close
ConsensusBuy7 of 12 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionRatingPrior targetTarget
Aug 17, 2026BarclaysReiterateEqual Weight$368$401
Jul 30, 2026Raymond JamesReiterateStrong Buy$268$500
Jul 28, 2026BarclaysReiterateEqual Weight$366$368
May 13, 2026BarclaysReiterateEqual Weight$348$366
Apr 14, 2026BarclaysReiterateEqual Weight$360$348

Earnings

EPS

Estimate$6.03
ReportedDue Nov 4, 2026

Revenue

Estimate$7.24B
ReportedDue Nov 4, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 30, 2026Q2 FY26$4.56$5.26+15.4%$6.88B$6.93B+0.7%+6.39%
Apr 30, 2026Q1 FY26$2.88$3.43+19.1%$6.00B$6.39B+6.5%−0.91%
Feb 18, 2026Q4 FY25$7.25$8.71+20.1%$7.44B$7.61B+2.2%−0.23%
Nov 5, 2025Q3 FY25$4.23$4.50+6.4%$6.49B$6.51B+0.4%+0.16%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$5.75B$6.25B$6.51B$7.61B$6.39B$6.93B
Gross profit$5.75B$6.25B$6.51B$4.83B$6.33B$6.93B
Operating income$139.7M$218.7M$285.4M$529.5M$209.9M$290.9M
Net income$55.3M$112.3M$222.8M$401.7M$159.0M$215.6M
Diluted EPS$1.14$2.32$4.61$8.34$3.33$4.58
Gross margin100.0%100.0%100.0%63.4%99.1%100.0%
Operating margin2.4%3.5%4.4%7.0%3.3%4.2%

Fiscal years (4-quarter sums)FY21 $19.37B · FY22 $20.86B · FY23 $20.76B · FY24 $23.43B · FY25 $26.12B

Revenue by product · FY25

LaSalle Investment Management$450.1M · 100%

Balance sheet, Jun 30, 2026Cash & short-term investments $458.2M · Total debt $2.52B · Total assets $17.46B · Shareholders' equity $7.46B

Dividends

No dividends on record.

Ownership

Institutions 131.04%Insiders 0.98%

A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.

Shares outstanding 46.01M · Float 45.54M · 99.0% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.4.67M10.14%13FAug 7, 2026
Vanguard Portfolio Management LLC4.34M9.43%13FAug 13, 2026
FMR LLC3.12M6.78%13FAug 13, 2026
Vanguard Capital Management LLC2.10M4.56%13FAug 13, 2026
Edgepoint Investment Group Inc.1.83M3.97%13FAug 14, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 21, 2026Christian Ulbrichdirector, officer: CEO & President−2,000$386.99
Aug 20, 2026Christian Ulbrichdirector, officer: CEO & President−2,000$385.53
Aug 19, 2026Christian Ulbrichdirector, officer: CEO & President−2,000$375.16
Aug 18, 2026Christian Ulbrichdirector, officer: CEO & President−2,000$375.00
Aug 14, 2026Christian Ulbrichdirector, officer: CEO & President−2,000$375.00
View details

Peers

  • CBRE Group

    Broadest global overlap across real estate services and investment management

  • Cushman & Wakefield

    Global contest in occupier services, leasing, capital markets, and valuation

  • Colliers International Group

    Global overlap in commercial real estate and investment management

  • Newmark Group

    Transaction-led rival spanning leasing, capital markets, and managed services

CompareAfter-hours close

CompanyPriceChange
Jones Lang LaSalle$378.01+0.00%$17.39B18.114.50.6+10.8%
CBRE Group$150.82−0.07%$43.69B34.618.81.0+15.1%
Cushman & Wakefield$14.12+0.07%$3.31B48.49.10.3+11.2%
Colliers International Group$102.93+0.07%$5.12B47.912.70.9+13.3%
Newmark Group$15.83−0.03%$2.47B19.97.60.7+17.0%
Median41.210.90.8+14.2%