Jones Lang LaSalle (JLL) financial statements
Jones Lang LaSalle reported revenue of $26.1B in fiscal 2025, up 8.1% a year over 9 years.
Net income was $792M and the operating margin 4.2%, against 3.5% in 2016.
The diluted share count rose 6% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Jones Lang LaSalle's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.0B | $14.5B | $16.3B | $18.0B | $16.6B | $19.4B | $20.9B | $20.8B | $23.4B | $26.1B |
| Operating income | $456M | $546M | $707M | $715M | $559M | $1.0B | $868M | $576M | $868M | $1.1B |
| Pre-tax income | $464M | $536M | $706M | $698M | $530M | $1.2B | $994M | $252M | $679M | $982M |
| Income tax | $118M | $256M | $214M | $160M | $107M | $264M | $201M | $26M | $132M | $190M |
| Net income | $330M | $276M | $484M | $535M | $402M | $962M | $654M | $225M | $547M | $792M |
| EPS (diluted) | $7.23 | $6.03 | $10.54 | $10.87 | $7.70 | $18.47 | $13.27 | $4.67 | $11.30 | $16.40 |
| Diluted shares | 46M | 46M | 46M | 49M | 52M | 52M | 49M | 48M | 48M | 48M |
| Operating margin | 3.5% | 3.8% | 4.3% | 4.0% | 3.4% | 5.4% | 4.2% | 2.8% | 3.7% | 4.2% |
| Net margin | 2.5% | 1.9% | 3.0% | 3.0% | 2.4% | 5.0% | 3.1% | 1.1% | 2.3% | 3.0% |
Balance sheet
Fiscal years, from Jones Lang LaSalle's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $258M | $268M | $481M | $452M | $574M | $594M | $519M | $410M | $416M | $599M |
| Receivables | $1.9B | $1.7B | $1.9B | $2.0B | $1.6B | $2.0B | $2.1B | $2.1B | $2.2B | $2.3B |
| Total current assets | $3.3B | $4.5B | $5.2B | $5.9B | $6.5B | $6.4B | $6.6B | $6.9B | $7.5B | $8.2B |
| Property, plant and equipment | $501M | $544M | $568M | $702M | $664M | $740M | $583M | $614M | $598M | $631M |
| Goodwill | $2.6B | $2.7B | $2.7B | $4.2B | $4.2B | $4.6B | $4.5B | $4.6B | $4.6B | $4.7B |
| Total assets | $7.6B | $9.3B | $10.0B | $13.7B | $14.3B | $15.5B | $15.6B | $16.1B | $16.8B | $17.8B |
| Total current liabilities | $3.0B | $4.3B | $4.8B | $5.5B | $6.1B | $6.5B | $5.9B | $6.4B | $7.1B | $7.4B |
| Total liabilities | $4.8B | $5.9B | $6.3B | $8.5B | $8.7B | $9.1B | $9.4B | $9.7B | $9.9B | $10.2B |
| Shareholders' equity | $2.8B | $3.3B | $3.7B | $5.1B | $5.5B | $6.2B | $6.0B | $6.3B | $6.8B | $7.5B |
| Net debt | -$258M | -$268M | -$481M | -$452M | -$574M | -$319M | -$519M | -$410M | -$416M | -$599M |
Cash flow
Fiscal years, from Jones Lang LaSalle's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $223M | $799M | $604M | $484M | $1.1B | $972M | $200M | $576M | $785M | $1.2B |
| Capital spending | $100M | $2M | $47M | — | — | — | — | — | — | — |
| Free cash flow | $123M | $796M | $557M | — | — | — | — | — | — | — |
| Stock-based compensation | $27M | $25M | $0 | $28M | $37M | $18M | $6M | $3M | $2M | $3M |
| Dividends paid | $29M | $33M | $38M | $43M | $0 | $0 | — | — | — | — |
| Share buybacks (net) | — | — | $0 | $0 | -$100M | -$343M | -$601M | -$62M | -$81M | -$212M |
| Net borrowing | — | -$16M | -$41M | $87M | -$64M | $92M | $20M | -$25M | $3M | -$64M |
| Free cash flow margin | 0.9% | 5.5% | 3.4% | — | — | — | — | — | — | — |
| Dividends per share | $0.65 | $0.72 | $0.82 | $0.87 | — | — | — | — | — | — |
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What was Jones Lang LaSalle's revenue in 2025?
$26.1B in fiscal 2025, from its 10-K filing.
From Jones Lang LaSalle's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.