JLL
Jones Lang LaSalle Incorporated333.73
+4.74+1.44%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Reinforces AI moat, ramps buybacks
Q&A reinforced prepared optimism on 2026 growth amid tougher transactional comps and REMS back-half weighting, while executives dismissed AI disruption fears citing proprietary data fueling efficiencies and revenue gains without headcount adds. Office leasing details emerged: 15% YoY rise in 100k+ sq ft deals, flight to quality, 40% portfolio exposure. Data centers doubled YoY across lines. Management pledged aggressive 2026 buybacks over M&A at current valuation. Property management exits low-margin contracts for H2 rebound. No AI threat looms near-term. Investors eye execution on margins, transactional durability.
Key Stats
Market Cap
15.81BP/E (TTM)
25.57Basic EPS (TTM)
13.05Dividend Yield
0%Recent Filings
8-K
JLL launches Accelerate 2030, $3B buybacks
JLL unveiled its Accelerate 2030 strategy and long-term targets—8% revenue growth, 12% adjusted EBITDA growth, 16% adjusted EPS growth through the cycle—at its March 12, 2026 investor briefing. The board authorized $2.2 billion more in share repurchases, boosting total capacity to $3 billion atop $800 million remaining. Capital returns signal confidence. Program flexible, tied to market conditions.
8-K
JLL recasts financials
JLL recast 2023-2025 financials on March 3, 2026, reflecting a new reporting structure effective January 1, 2026. Software and Technology Solutions now operates as a fifth Real Estate Management Services line, Leasing Advisory revenue disaggregation collapses, and Investment Management simplifies to advisory and incentive/transaction fees. Real Estate Management Services revenue climbed to $20.2B in 2025 from $16.1B in 2023. Recasts available at ir.jll.com.
10-K
FY2025 results
JLL posted $26.1B revenue for FY2025 ended December 31, 2025, up 11% y/y, with resilient revenue growing 11% on project (+20%) and workplace management (+10%) strength while transactional lines like investment sales/debt advisory (+23%) and leasing (+11%) accelerated. Q4 momentum built on this, outpacing the broader investment sales market per JLL Research, fueling 26% operating income growth to $1.1B and Adjusted EBITDA up 22% to $1.5B. Platform leverage expanded across segments; $3.9B liquidity and $212M in Q4 buybacks underscore capital discipline. Yet cybersecurity threats loom large.
8-K
JLL Q4 revenue up 10%, EPS soars
JLL posted record Q4 revenue of $7.6B, up 10% in local currency, with Transactional revenues surging 15% on leasing and capital markets strength while Resilient grew 9%. Diluted EPS hit $8.34, up 66%; full-year free cash flow reached $979M. Record cash flow slashed net debt to $304M. Healthy growth runway ahead.
8-K
JLL Q3 revenue up 10%
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