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Jones Lang LaSalle JLL Adjusted EBITDA

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Segments

By segment

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Leasing Advisory$116.9M+20.5%
Capital Markets Services$77.1M+58.6%
Real Estate Management Services$65.4M+7.2%
Investment Management$15M-5.1%
Other Operating Segment$1M

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
(in millions)Three Months Ended March 31, 20262025
Adjusted EBITDA - Capital Markets Services77.148.6
Adjusted EBITDA - Investment Management15.015.8
Adjusted EBITDA - All Other(0.8)2.4
Adjusted EBITDA - Consolidated$273.6224.8
Adjustments:
Restructuring and acquisition charges$(5.3)(19.7)
Interest on employee loans, net of forgiveness2.51.6
Equity earnings (losses) - Investment Management and Proptech Investments(1)6.0(28.7)

Item 1. Consolidated Financial Statements:

FAQ

What is Jones Lang LaSalle's adjusted EBITDA?
Jones Lang LaSalle (JLL) reported adjusted EBITDA of $273.6M in Q1 2026.
How has Jones Lang LaSalle's adjusted EBITDA changed year-over-year?
Jones Lang LaSalle's adjusted EBITDA increased by 21.7% year-over-year, from $224.8M to $273.6M.
What is the long-term trend for Jones Lang LaSalle's adjusted EBITDA?
Over 4 years (2021 to 2025), Jones Lang LaSalle's adjusted EBITDA has grown at a -0.7% compound annual growth rate (CAGR), from $1.5B to $1.45B.
What does adjusted EBITDA mean?
Adjusted EBITDA represents earnings before interest, taxes, depreciation, and amortization, further adjusted for non-recurring or non-cash items. It is a primary measure of operational profitability and cash-generating capability, excluding the impact of financing and accounting decisions.

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