Jones Lang Lasalle Inc

Finance
Real Estate
www.jll.com

Earnings Score
Moat Score
Safety Score

Market Cap $10.91B
PE 20
Debt $1.20B
Cash $652.70M
EV $11.45B
FCF $599.80M

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	$546.80M
EBIT	$868.10M
ROE	8%
ROA	5%
FCF	$599.80M
Equity	$6.90B
Growth Stability	34%
PE	19.95
PEG	-2.16
PB	1.58
P/FCF	18.18
P/S	0.47
Price/Cash	0.06
Debt/Equity	0.17
Debt/FCF	2
Net Margins	2%
Op. Margins	4%
Earnings CAGR	5%
Sales Growth YoY	16%
Sales Growth QoQ	16%
Sales CAGR	16%
FCF CAGR	7%
Equity CAGR	12%
Earnings Stability	0.09
Earnings Growth YoY	40%
Earnings Growth QoQ	56%

Earnings CAGR 5Y	-9%
Sales CAGR 5Y	6%
FCF CAGR 5Y	-15%
Equity CAGR 5Y	5%
Earnings CAGR 3Y	4%
Sales CAGR 3Y	4%
FCF CAGR 3Y	17%
Equity CAGR 3Y	4%
Market Cap	$10.91B
Revenue	$23.43B
Assets	$16.76B
Total Debt	$1.20B
Cash	$652.70M
Shares Outstanding	47.42M
EV	11.45B
Earnings Score	7%
Moat Score	70%
Safety Score	66%
Final Score	48%
Working Capital	334M
Current Ratio	1.05
Shares Growth 3y	-1%
Equity Growth QoQ	2%
Equity Growth YoY	8%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

Jones Lang LaSalle provides a wide range of real estate-related services to owners, occupiers, and investors worldwide, including leasing, property and project management, and capital markets advisory. JLL's investment management arm, LaSalle Investment Management, manages over $70 billion for clients across diverse public and private real estate strategies.

SEC Filings

Direct access to Jones Lang Lasalle Inc (JLL) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Jones Lang Lasalle Inc compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Jones Lang Lasalle Inc compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 5%

Stability 9%

loading chart...

Jones Lang Lasalle Inc Discounted Cash Flow

Fully customizable DCF calculator online for Jones Lang Lasalle Inc.

Years

Calculation mode

= $9.7B

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$600M	$642M	$687M	$735M	$786M	$841M	$900M	$962M	$1B	$1.1B	$1.2B	$12B
DCF		$583M	$567M	$552M	$537M	$522M	$508M	$494M	$480M	$467M	$454M	$4.5B
Value	$9.7B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	12/2024	TTM
Net Margins	7%	5%	3%	3%	3%	2%	5%	3%	1%	2%	2%
ROA	-	6%	7%	7%	5%	4%	8%	6%	4%	5%	5%
ROE	-	11%	8%	13%	10%	7%	15%	11%	4%	8%	8%

Bad Net Margins (2.33%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	12/2024	TTM
Debt over FCF	-	-745.65	1.18	1.56	4.38	0.78	1.2	-296.75	3.95	2	2
Debt over Equity	0.21	0.45	0.23	0.18	0.25	0.13	0.15	0.29	0.24	0.17	0.17
Growth Stability	-	-	-	100%	100%	95%	100%	100%	34%	89%	34%

Good Debt/FCF ratio (2)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Good Debt/Equity ratio (0.17)

The company is not overleveraged and has a good balance between equity and debt.

Bad Graham’s Stability (34%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	12/2024	CAGR 5Y
Revenue YoY growth	-	14%	17%	106%	10%	-8%	17%	8%	-0%	13%	6%
Earnings YoY growth	-	-28%	-20%	91%	10%	-25%	138%	-32%	-66%	143%	-9%
Equity YoY growth	-	4%	17%	14%	39%	8%	14%	-4%	4%	8%	5%
FCF YoY growth	-	-101%	-38K%	-31%	-33%	226%	-17%	-101%	-7K%	54%	-15%