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Jones Lang LaSalle JLL State income taxes – net of federal income tax benefit

State income taxes – net of federal income tax benefit at other companies

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GarminGRMN
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PopularBPOP

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:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes.

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 state income taxes – net of federal income tax benefit?
Jones Lang LaSalle (JLL) reported state income taxes – net of federal income tax benefit of 1.3% in Q4 2025.
How has Jones Lang LaSalle's state income taxes – net of federal income tax benefit changed year-over-year?
Jones Lang LaSalle's state income taxes – net of federal income tax benefit increased by 62.5% year-over-year, from 0.8% to 1.3%.
What does state income taxes – net of federal income tax benefit mean?
The net cost of state and local taxes after federal tax deductions.
How do you interpret state income taxes – net of federal income tax benefit?
Lower values indicate more efficient state tax management or operations in lower-tax jurisdictions.
How does state income taxes – net of federal income tax benefit compare across companies?
Standard tax reconciliation item for U.S. companies with multi-state operations.