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Jones Lang LaSalle JLL Investment Management — Adjusted EBITDA

Other segment segments

Leasing Advisory
$116.9M+20.5%
Capital Markets Services
$77.1M+58.6%
Real Estate Management Services
$65.4M+7.2%
Other Operating Segment
$1M

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Other financials

Income statement

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Revenue$6.4B+11.1%
Operating income$204.6M+70.5%
Net income$159.4M+177%
EPS (diluted)$3.33+192%

Balance sheet

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Cash & equivalents$719.3M+11.6%
Total debt$3.6B-11.6%
Total equity$7.3B+6.8%
Total assets$17.9B+7.6%

Cash flow

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Operating cash flow-$755.0M+1.6%
CapEx$64.9M+45.8%
Free cash flow-$819.9M-1.0%

Valuation

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Market cap$17.17B+31.4%
Enterprise value$20.05B+24.7%
P/E19.2×-3.9×
P/S0.6×+0.1×

Profitability

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Operating margin4.4%+0.8pp
Net margin3.3%+1.1pp
FCF margin3.6%

Returns & leverage

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Return on equity12.6%+4.4pp
Debt / equity0.5×-0.1×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Jones Lang LaSalle in its filing.

Tagged under the XBRL concept jll:AdjustedEBITDA.

The source filing: Jones Lang LaSalle’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 1:49 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001037976-26-000106
Investment Management / (in millions)Three Months Ended March 31, 20262025
Platform compensation and benefits$59.258.3
Platform operating, administrative and other16.516.3
Gross contract costs8.68.2
Add:
Other segment items0.1
Adjusted EBITDA$15.015.8
Depreciation and amortization$2.82.9
Equity earnings (losses)$5.5(6.1)

Item 1. Consolidated Financial Statements:

FAQ

What is Jones Lang LaSalle's investment management — adjusted EBITDA?
Jones Lang LaSalle (JLL) reported investment management — adjusted EBITDA of $15M in Q1 2026.
How has Jones Lang LaSalle's investment management — adjusted EBITDA changed year-over-year?
Jones Lang LaSalle's investment management — adjusted EBITDA decreased by 5.1% year-over-year, from $15.8M to $15M.
What does investment management — adjusted EBITDA mean?
Measures the operational profitability of the investment management segment by excluding interest, taxes, depreciation, amortization, and non-recurring items. It serves as a proxy for the cash-generating capability of the business unit.

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