📊 JLL Key Takeaways
Is Jones Lang Lasalle Inc. (JLL) a Good Investment?
JLL exhibits concerning operational dynamics despite positive net income, with negative operating cash flow of -$755M indicating the company is burning cash despite $6.4B in revenue. Razor-thin profit margins (2.5% net, 3.2% operating) and extremely poor capital returns (ROE 2.2%, ROA 0.9%) reflect a structurally low-margin business model. Deteriorating liquidity (1.12x current ratio) combined with negative free cash flow of -$822.6M raises sustainability concerns.
JLL shows strong fundamental health with low leverage (0.04x D/E), high interest coverage (39x), and robust free cash flow ($1.13B) supported by an asset-light model. EPS rose 45% with stable net income, indicating capital efficiency and resilience despite thin margins. If operating discipline sustains and cash conversion remains strong, the company is well positioned to compound through cycles.
Why Buy Jones Lang Lasalle Inc. Stock? JLL Key Strengths
- Low financial leverage with debt-to-equity of 0.04x reduces bankruptcy risk
- Adequate interest coverage ratio of 7.3x demonstrates ability to service debt obligations
- Positive net income of $159M and $436.2M cash balance provides near-term cushion
- Robust free cash flow with low capex (asset-light)
- Pristine balance sheet: very low debt and strong coverage
- Solid ROE (10.6%) with strong EPS growth
JLL Stock Risks: Jones Lang Lasalle Inc. Investment Risks
- Negative operating cash flow of -$755M is unsustainable and indicates accounting profits are not converting to actual cash generation
- Negative free cash flow of -$822.6M with -12.9% FCF margin signals the company is consuming capital rather than generating it
- Extremely low profitability margins (2.5% net, 3.2% operating) and poor capital efficiency (2.2% ROE, 0.9% ROA) indicate weak fundamental business quality
- Tight liquidity position with 1.12x current ratio approaching concerning levels if cash burn continues
- Highly suspicious 24,438.9% YoY revenue growth suggests data anomaly or accounting methodology change requiring clarification
- Thin margins (4.2% operating, 3.0% net) limit cushion
- Working-capital sensitivity and cyclical real estate activity (current ratio 1.11x)
- Data quality/normalization risk given extreme reported revenue growth and missing gross margin
Key Metrics to Watch
- Operating cash flow trend - critical to confirm if negative cash flow reverses
- Free cash flow and FCF margin - must return to positive to validate business sustainability
- Current ratio and cash balance depletion rate - track liquidity runway
- Operating and net profit margins - monitor if company can improve structural profitability
- Operating margin and FCF conversion (FCF/Net income)
- Working capital efficiency (DSO/current ratio)
Jones Lang Lasalle Inc. (JLL) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Jones Lang Lasalle Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
JLL Profit Margin, ROE & Profitability Analysis
JLL vs Real Estate Sector: How Jones Lang Lasalle Inc. Compares
How Jones Lang Lasalle Inc. compares to Real Estate sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Jones Lang Lasalle Inc. Stock Overvalued? JLL Valuation Analysis 2026
Based on fundamental analysis, Jones Lang Lasalle Inc. has mixed fundamental signals relative to the Real Estate sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Jones Lang Lasalle Inc. Balance Sheet: JLL Debt, Cash & Liquidity
JLL Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Jones Lang Lasalle Inc.'s revenue has grown significantly by 35% over the 5-year period, indicating strong business expansion. The most recent EPS of $4.67 reflects profitable operations.
JLL Revenue Growth, EPS Growth & YoY Performance
JLL Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $5.7B | N/A | $1.14 |
| Q3 2025 | $5.9B | N/A | $3.20 |
| Q2 2025 | $5.6B | N/A | $1.75 |
| Q1 2025 | $5.1B | N/A | $1.14 |
| Q3 2024 | $5.1B | $53.0M | $1.10 |
| Q2 2024 | $5.1B | $2.5M | $0.05 |
| Q1 2024 | $4.7B | -$9.2M | $-0.19 |
| Q3 2023 | $5.1B | $53.0M | $1.10 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Jones Lang Lasalle Inc. Dividends, Buybacks & Capital Allocation
JLL SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Jones Lang Lasalle Inc. (CIK: 0001037976)
📋 Recent SEC Filings
❓ Frequently Asked Questions about JLL
What is the AI rating for JLL?
Jones Lang Lasalle Inc. (JLL) has a Combined AI Rating of HOLD from Claude (SELL) and ChatGPT (BUY) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are JLL's key strengths?
Claude: Low financial leverage with debt-to-equity of 0.04x reduces bankruptcy risk. Adequate interest coverage ratio of 7.3x demonstrates ability to service debt obligations. ChatGPT: Robust free cash flow with low capex (asset-light). Pristine balance sheet: very low debt and strong coverage.
What are the risks of investing in JLL?
Claude: Negative operating cash flow of -$755M is unsustainable and indicates accounting profits are not converting to actual cash generation. Negative free cash flow of -$822.6M with -12.9% FCF margin signals the company is consuming capital rather than generating it. ChatGPT: Thin margins (4.2% operating, 3.0% net) limit cushion. Working-capital sensitivity and cyclical real estate activity (current ratio 1.11x).
What is JLL's revenue and growth?
Jones Lang Lasalle Inc. reported revenue of $6.4B.
Does JLL pay dividends?
Jones Lang Lasalle Inc. does not currently pay dividends.
Where can I find JLL SEC filings?
Official SEC filings for Jones Lang Lasalle Inc. (CIK: 0001037976) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is JLL's EPS?
Jones Lang Lasalle Inc. has a diluted EPS of $3.33.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is JLL a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, Jones Lang Lasalle Inc. has a HOLD rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is JLL stock overvalued or undervalued?
Valuation metrics for JLL: ROE of 2.2% (sector avg: 8%), net margin of 2.5% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.
Should I buy JLL stock in 2026?
Our dual AI analysis gives Jones Lang Lasalle Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is JLL's free cash flow?
Jones Lang Lasalle Inc.'s operating cash flow is $-755.0M, with capital expenditures of $67.6M. FCF margin is -12.9%.
How does JLL compare to other Real Estate stocks?
Vs Real Estate sector averages: Net margin 2.5% (avg: 20%), ROE 2.2% (avg: 8%), current ratio 1.12 (avg: 1.5).