JONES LANG LASALLE INC
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JLL Q1 2026 request
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Income Statement
| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Revenue | 6,386.5 | 5,746.4 | +11.1% |
Show Business Segments breakouts |
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| Capital Markets Services | 535.2 | 435.3 | +22.9% |
| Capital Markets Services · Investment Sales, Debt/Equity Advisory and Other | 402.5 | 312.6 | +28.8% |
| Capital Markets Services · Loan Servicing | 43.4 | 41.1 | +5.6% |
| Capital Markets Services · Value and Risk Advisory | 89.3 | 81.6 | +9.4% |
| Investment Management | 99.3 | 98.5 | +0.8% |
| Investment Management · Advisory Fees | 89.9 | 89.3 | +0.7% |
| Investment Management · Incentive and transaction fees | 9.4 | 9.2 | +2.2% |
| Leasing Advisory | 686.3 | 586.1 | +17.1% |
| Real Estate Management Services | 5,065.7 | 4,626.5 | +9.5% |
| Real Estate Management Services · Portfolio Services and Other | 110.9 | 112.7 | -1.6% |
| Real Estate Management Services · Project Management | 844 | 747.5 | +12.9% |
| Real Estate Management Services · Property Management | 471.1 | 445.6 | +5.7% |
| Real Estate Management Services · Software and Technology Solutions | 56.8 | 57.1 | -0.5% |
| Real Estate Management Services · Workplace Management | 3,582.9 | 3,263.6 | +9.8% |
| Operating Expenses | 6,181.9 | 5,626.4 | +9.9% |
| Operating Income | 204.6 | 120 | +70.5% |
| Other Non-Operating Income (Expense) | 2.4 | 1.7 | +41.2% |
| Income Before Taxes | 197.5 | 71.5 | +176.2% |
| Income Tax Expense (Benefit) | 38.1 | 14 | +172.1% |
| Comprehensive Income | 146.6 | 91.6 | +60.0% |
| Other Comprehensive Income (Q) | — | — | — |
Show Equity Components breakouts |
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| Accumulated Other Comprehensive Income | -12.4 | 36.3 | -134.2% |
| EPS (Basic) | 3.4 | 1.17 | +190.6% |
| EPS (Diluted) | 3.33 | 1.14 | +192.1% |
| Wtd Avg Shares (Basic) | 46,835 | 47,466 | -1.3% |
| Wtd Avg Shares (Diluted) | 47,802 | 48,376 | -1.2% |
| Net Income Loss Available To Common Stockholders Basic | 159 | 55.3 | +187.5% |
| Interest Income Expense Net | 17 | 24.6 | -30.9% |
Show Derivative Risk breakouts |
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| Net Investment Hedging | -2.5 | — | — |
| Labor And Related Expense | 2,936.1 | 2,674.6 | +9.8% |
| Net Income Loss Attributable To Noncontrolling Interest | 0.4 | 2.2 | -81.8% |
Balance Sheet
| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 436.2 | 432.4 | +0.9% |
| Accounts Receivable | 2,161.7 | 2,013.3 | +7.4% |
| Notes And Loans Receivable Net Current | 443 | 457.4 | -3.1% |
| Accounts Receivable Reimbursedby Client Current | 3,162.5 | 2,833.9 | +11.6% |
| Loans Receivable Gross Mortgage Warehouse Lending. | 1,141.8 | 601.6 | +89.8% |
| Contract With Customer Asset Net Current | 342.9 | 314.8 | +8.9% |
| Prepaid Expenses & Other Current Assets | 616.6 | 580.3 | +6.3% |
| Total Current Assets | 8,304.7 | 7,233.7 | +14.8% |
| Non-Current Assets | |||
| Property, Plant & Equipment | 634 | 585.9 | +8.2% |
| Operating Lease Right-of-Use Assets | 681.7 | 737.6 | -7.6% |
| Goodwill | 4,691 | 4,642.5 | +1.0% |
Show Business Segments breakouts |
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| Capital Markets Services | 2,012.4 | 1,985.7 | +1.3% |
| Investment Management | 56.8 | 56.4 | +0.7% |
| Leasing Advisory | 1,400.1 | 1,385.4 | +1.1% |
| Real Estate Management Services | 1,221.7 | 1,215 | +0.6% |
| Long Term Accounts Notes And Loans Receivable Net Noncurrent | 415.3 | 387.6 | +7.1% |
| Deferred Tax Assets | 602.7 | 539.5 | +11.7% |
| Other Non-Current Assets | 270.2 | 226.7 | +19.2% |
| Total Assets | 17,888.3 | 16,631.1 | +7.6% |
| Intangible Assets | 599.1 | 653.2 | -8.3% |
| Other Assets | |||
| Intangible Assets Net Excluding Goodwill | 650.3 | 701.8 | -7.3% |
Show Finite Lived Intangible Assets By Major Class breakouts |
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| Mortgage servicing rights [Member] | 449.3 | 464.1 | -3.2% |
| Other Intangible Assets | 201 | 237.7 | -15.4% |
| Investments In Affiliates Subsidiaries Associates And Joint Ventures | 886.6 | 902.4 | -1.8% |
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts |
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| Investment Management | 495 | 514.5 | -3.8% |
| Other Investments and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | 34 | 35 | -2.9% |
| Software and Technology Solutions | 357.6 | — | — |
| Deferred Compensation Plan Assets | 751.8 | 673.4 | +11.6% |
| Current Liabilities | |||
| Accounts Payable And Accrued Liabilities Current | 1,223.7 | 1,201.4 | +1.9% |
| Accounts Payable Reimbursedby Client Current | 2,261.4 | 2,038 | +11.0% |
| Employee Related Liabilities Current | 1,302.6 | 1,162.8 | +12.0% |
| Shortterm Debt | 167.1 | 88.3 | +89.2% |
| Commercial Paper | 614.9 | 898.3 | -31.5% |
| Deferred Revenue | 228.6 | 187.7 | +21.8% |
| Warehouse Agreement Borrowings | 1,163 | 600.7 | +93.6% |
| Operating Lease Liability Current | 160.9 | 155.5 | +3.5% |
| Other Liabilities Current | 264.7 | 294 | -10.0% |
| Total Current Liabilities | 7,386.9 | 6,626.7 | +11.5% |
| Non-Current Liabilities | |||
| Longterm Lineof Credit Noncurrent Netof Debt Issuance Costs | 332.3 | 409.3 | -18.8% |
Show Credit Facility breakouts |
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| Line Of Credit | 332.3 | 409.3 | -18.8% |
| Senior Long Term Notes | 798.9 | 772.1 | +3.5% |
Show Long-Term Debt Type breakouts |
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| Long-term senior notes, 6.875%, due December 2028 | 396.2 | 394.7 | +0.4% |
| Long-term senior notes, Euro notes, 1.96%, due June 2027 [Member] | 201.4 | 188.7 | +6.7% |
| Long-term senior notes, Euro notes, 2.21%, due June 2029 [Member] | 201.3 | 188.7 | +6.7% |
| Deferred Tax Liabilities | 61 | 45.5 | +34.1% |
| Deferred Compensation Liability Classified Noncurrent | 742.3 | 649.1 | +14.4% |
| Operating Lease Liabilities | 738.4 | 754.2 | -2.1% |
| Other Non-Current Liabilities | 401.9 | 412.1 | -2.5% |
| Total Liabilities | 10,461.7 | 9,669 | +8.2% |
| Other Liabilities | |||
| Minority Interest | 119.7 | 122.9 | -2.6% |
| Stockholders' Equity | |||
| Common Stock | 0.5 | 0.5 | 0.0% |
| Additional Paid In Capital Common Stock | 1,974.4 | 2,001.9 | -1.4% |
| Retained Earnings | 7,228.1 | 6,383 | +13.2% |
| Treasury Stock Value | -1,297.3 | -923.5 | -40.5% |
| Common Stock Held In Trust | -13.9 | -12.1 | -14.9% |
| Accumulated Other Comprehensive Income | -584.9 | -610.6 | +4.2% |
| Total Stockholders' Equity | 7,306.9 | 6,839.2 | +6.8% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | 7,426.6 | 6,962.1 | +6.7% |
Show Equity Components breakouts |
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| Accumulated Defined Benefit Plans Adjustment | -63.4 | -56 | -13.2% |
| Accumulated Other Comprehensive Income | -584.9 | -610.6 | +4.2% |
| Accumulated Translation Adjustment | -521.5 | -554.6 | +6.0% |
| Additional Paid In Capital | 1,974.4 | 2,001.9 | -1.4% |
| Common Stock | 0.5 | 0.5 | 0.0% |
| Noncontrolling Interest | 119.7 | 122.9 | -2.6% |
| Retained Earnings | 7,228.1 | 6,383 | +13.2% |
| Shares Held in Trust [Member] | -13.9 | -12.1 | -14.9% |
| Treasury Stock Common | -1,297.3 | -923.5 | -40.5% |
| Total Liabilities & Equity | 17,888.3 | 16,631.1 | +7.6% |
Cash Flow Statement
| Metric | YTD Q1 2026 | YTD Q1 2025 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Net Income | 159.4 | 57.5 | +177.2% |
| Depreciation And Amortization | 57.8 | 71.6 | -19.3% |
Show Business Segments breakouts |
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| Capital Markets Services | 10.4 | 18.9 | -45.0% |
| Investment Management | 2.8 | 2.9 | -3.4% |
| Leasing Advisory | 11.5 | 12 | -4.2% |
| Income Loss From Equity Method Investments | 7.5 | -25.6 | +129.3% |
Show Business Segments breakouts |
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| Capital Markets Services | 0.3 | 1.6 | -81.2% |
| Investment Management | 5.5 | -6.1 | +190.2% |
| Leasing Advisory | -0.1 | — | — |
| Real Estate Management Services | 0.5 | 0.4 | +25.0% |
| Equity Method Investment Dividends Or Distributions | 5.2 | 1.6 | +225.0% |
| Provision For Doubtful Accounts | 3.8 | 9.4 | -59.6% |
| Other Amortization Of Deferred Charges | 23.3 | 22 | +5.9% |
| Net Non Cash Mortgage Servicing Rights And Mortgage Banking Derivative Activity | 5.5 | 12.9 | -57.4% |
| Accretion Expense | 1.4 | 1.7 | -17.6% |
| Other Operating Activities Cash Flow Statement | 4.5 | 6.9 | -34.8% |
| Increase Decrease In Receivables | 121.5 | 163.5 | -25.7% |
| Increase Decreasein Reimbursable Receivablesand Reimbursable Payables | -340.8 | -271.8 | -25.4% |
| Change in Prepaid & Other Assets | 11.9 | -24 | +149.6% |
| Increase Decrease In Deferred Income Taxes | -11.6 | -22.7 | +48.9% |
| Increase Decrease In Accounts Payable And Accrued Liabilities | -147.1 | -171.3 | +14.1% |
| Increase Decrease In Other Accounts Payable And Accrued Liabilities | -642.3 | -650.5 | +1.3% |
| Net Cash from Operations | -755 | -767.6 | +1.6% |
| Stock-Based Compensation | 0.2 | 0.7 | -71.4% |
| Investing Activities | |||
| Payments For Proceeds From Productive Assets | -64.9 | -44.5 | -45.8% |
| Payments To Acquire Interest In Joint Venture | -17.7 | -112.9 | +84.3% |
| Proceeds From Real Estate And Real Estate Joint Ventures | 21.8 | 4.9 | +344.9% |
| Other Investing Activities | -0.5 | -0.3 | -66.7% |
| Net Cash from Investing | -61.3 | -152.8 | +59.9% |
| Financing Activities | |||
| Proceeds From Long Term Lines Of Credit | 1,482 | 2,232 | -33.6% |
| Repayments Of Long Term Lines Of Credit | -1,142 | -1,912 | +40.3% |
| Proceeds From Issuance Of Commercial Paper | 1,575 | 1,000 | +57.5% |
| Repayments Of Commercial Paper | -960 | -300 | -220.0% |
| Net Borrowings Repayments Of Short Term Borrowings | 73.4 | -67.2 | +209.2% |
| Payment For Contingent Consideration Liability Financing Activities | -8.5 | -0.6 | -1316.7% |
| Share Repurchases | -300 | -19.7 | -1422.8% |
| Proceeds From Payments For Other Financing Activities | -70.5 | -31.8 | -121.7% |
| Net Cash from Financing | 649.4 | 900.7 | -27.9% |
| Supplemental | |||
| Restricted Cashbeginningofperiod | 299.8 | 236.5 | +26.8% |
| Restricted Cashendofperiod | 283.1 | 212.3 | +33.3% |
| Interest Paid | 11.3 | 19.3 | -41.5% |
| Income Taxes Paid | 54.7 | 31 | +76.5% |
| Operating Lease Payments | 52.2 | 48.7 | +7.2% |
| Other Cash Flow | |||
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | -12.7 | 11.7 | -208.5% |
| Net Change in Cash | -179.6 | -8 | -2145.0% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 719.3 | 644.7 | +11.6% |
Values in millions USD. Source: SEC EDGAR 10-Q filing.