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Jones Lang LaSalle JLL Real Estate Management Services — Gross contract costs

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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

See full
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
Real Estate Management Services / (in millions)Three Months Ended March 31, 20262025
Less:
Platform compensation and benefits$505.6479.5
Platform operating, administrative and other163.1153.2
Gross contract costs4,330.83,931.0
Add:
Equity earnings0.50.4
Other segment items(1.3)(2.2)
Adjusted EBITDA$65.461.0

Item 1. Consolidated Financial Statements:

FAQ

What is Jones Lang LaSalle's real estate management services — gross contract costs?
Jones Lang LaSalle (JLL) reported real estate management services — gross contract costs of $4.33B in Q1 2026.
How has Jones Lang LaSalle's real estate management services — gross contract costs changed year-over-year?
Jones Lang LaSalle's real estate management services — gross contract costs increased by 10.2% year-over-year, from $3.93B to $4.33B.
What is the long-term trend for Jones Lang LaSalle's real estate management services — gross contract costs?
Over 2 years (2023 to 2025), Jones Lang LaSalle's real estate management services — gross contract costs has grown at a 13.6% compound annual growth rate (CAGR), from $13.25B to $17.1B.
What does real estate management services — gross contract costs mean?
These are the costs directly reimbursable by clients or incurred as pass-through expenses in the delivery of real estate management services. These costs are typically tied to specific client contracts and are often offset by corresponding revenue.

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