What is Jones Lang LaSalle's effect of cross-border tax laws?

Jones Lang LaSalle (JLL) reported effect of cross-border tax laws of -0.3% in Q4 2025.

What does effect of cross-border tax laws mean?

The percentage impact of cross-border tax laws on the effective tax rate.

How do you interpret effect of cross-border tax laws?

A lower absolute value suggests a more stable or predictable international tax profile.

How does effect of cross-border tax laws compare across companies?

Standard metric for assessing the tax-rate sensitivity of global companies.

Jones Lang LaSalle JLL Effect of cross-border tax laws

Effect of cross-border tax laws at other companies

Baxter InternationalBAX

1.6%—

RBC BearingsRBC

-$250K—

SBA CommunicationsSBAC

1.5%—

Baxter InternationalBAX

-4.8%—

Hyatt HotelsH

-7%—

SBA CommunicationsSBAC

2.2%—

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$13.79B+21.4%

Enterprise value$16.67B+13.0%

P/E15.4×-5.7×

P/S0.5×0.0×

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 us-gaap:EffectiveIncomeTaxRateReconciliationCrossBorderTaxEffectPercent.

The official record: Jones Lang LaSalle’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Jones Lang LaSalle's effect of cross-border tax laws?: Jones Lang LaSalle (JLL) reported effect of cross-border tax laws of -0.3% in Q4 2025.
What does effect of cross-border tax laws mean?: The percentage impact of cross-border tax laws on the effective tax rate.
How do you interpret effect of cross-border tax laws?: A lower absolute value suggests a more stable or predictable international tax profile.
How does effect of cross-border tax laws compare across companies?: Standard metric for assessing the tax-rate sensitivity of global companies.