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Jones Lang LaSalle JLL Leasing Advisory — Gross contract costs

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DOUGCommercial Leasing Contracts — Contract Liabilities
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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:GrossContractCosts.

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
Leasing Advisory / (in millions)Three Months Ended March 31, 20262025
Less:
Platform compensation and benefits$498.6426.8
Platform operating, administrative and other68.160.4
Gross contract costs2.42.0
Add:
Equity losses(0.1)
Other segment items(0.2)0.1
Adjusted EBITDA$116.997.0

Item 1. Consolidated Financial Statements:

FAQ

What is Jones Lang LaSalle's leasing advisory — gross contract costs?
Jones Lang LaSalle (JLL) reported leasing advisory — gross contract costs of $2.4M in Q1 2026.
How has Jones Lang LaSalle's leasing advisory — gross contract costs changed year-over-year?
Jones Lang LaSalle's leasing advisory — gross contract costs increased by 20.0% year-over-year, from $2M to $2.4M.
What is the long-term trend for Jones Lang LaSalle's leasing advisory — gross contract costs?
Over 2 years (2023 to 2025), Jones Lang LaSalle's leasing advisory — gross contract costs has grown at a -38.0% compound annual growth rate (CAGR), from $30.2M to $11.6M.
What does leasing advisory — gross contract costs mean?
Reflects direct costs incurred in fulfilling specific client contracts that are often passed through or reimbursed. These costs are distinct from standard operating expenses and are tied to specific service delivery obligations.

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