15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 9.5% per year over the past 5 years.
Net income has grown faster than revenue (14.5% vs 9.5% per year).
Operating margin has been roughly flat, at 4.2% in the latest year.
Free cash flow has grown 24.7% per year over the past 5 years.
Financial health
Total debt ($890M) exceeds cash ($599M); net debt is $291M.
Total debt has grown slower than revenue (3.3% vs 9.5% per year).
Total debt is 0.7× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$26.1B
$792M
0.0%
4.2%
—
$890M
$599M
2024
$23.4B
$547M
0.0%
3.7%
—
$1.2B
$416M
2023
$20.8B
$225M
0.0%
2.8%
—
$1.5B
$410M
2022
$20.9B
$655M
0.0%
4.2%
—
$1.8B
$519M
2021
$19.4B
$962M
0.0%
5.4%
—
$956M
$594M
2020
$16.6B
$403M
0.0%
3.4%
—
$755M
$574M
2019
$18.0B
$535M
0.0%
4.0%
—
$1.3B
$452M
2018
$16.3B
$485M
0.0%
4.3%
$557M
$688M
$481M
2017
$14.5B
$276M
0.0%
3.8%
$796M
$753M
$268M
2016
$13.0B
$330M
0.0%
3.5%
$123M
$1.3B
$259M
2015
$6.0B
$439M
0.0%
8.9%
$375M
$561M
$217M
2014
$5.4B
$386M
0.0%
8.6%
$475M
$295M
$250M
2013
$4.5B
$270M
0.0%
8.3%
$184M
$300M
$153M
2012
$3.9B
$208M
0.0%
7.4%
$230M
—
$152M
2011
$3.6B
$164M
0.0%
7.0%
$119M
—
$184M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$6.4B
$159M
0.0%
3.2%
—
$1.9B
$436M
Dec '25
$7.6B
$402M
0.0%
6.7%
—
$890M
$599M
Sep '25
$6.5B
$222M
0.0%
4.2%
—
$1.5B
$429M
Jun '25
$6.3B
$111M
0.0%
3.2%
—
$2.0B
$401M
Mar '25
$5.7B
$58M
0.0%
2.1%
—
$2.2B
$432M
Dec '24
$6.8B
$242M
0.0%
5.5%
—
$1.2B
$416M
Sep '24
$5.9B
$155M
0.0%
3.9%
—
$2.0B
$438M
Jun '24
$5.6B
$85M
0.0%
2.7%
—
$2.2B
$424M
Mar '24
$5.1B
$66M
0.0%
2.2%
—
$2.3B
$397M
Dec '23
$5.9B
$172M
0.0%
4.9%
—
$1.5B
$410M
Sep '23
$5.1B
$59M
0.0%
2.3%
—
$2.1B
$390M
Jun '23
$5.1B
$3M
0.0%
3.0%
—
$2.3B
$403M
Mar '23
$4.7B
-$9M
0.0%
0.4%
—
$2.6B
$485M
Dec '22
$5.6B
$176M
0.0%
4.5%
—
$1.8B
$519M
Sep '22
$5.2B
$138M
0.0%
3.9%
—
$2.2B
$489M
Jun '22
$5.3B
$336M
0.0%
4.5%
—
$2.1B
$568M
Mar '22
$4.8B
$144M
0.0%
3.7%
—
$1.9B
$576M
Dec '21
$5.9B
$421M
0.0%
7.5%
—
$956M
$594M
Sep '21
$4.9B
$237M
0.0%
6.0%
—
$1.0B
$536M
Jun '21
$4.5B
$199M
0.0%
5.0%
—
$1.1B
$494M
Valuation over time
How the market has priced JLL against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 10.3× (Mar '23) to 17.8× (Jun '26).
The price-to-sales ratio has risen from 0.3× (Mar '23) to 0.5× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is JLL growing its revenue and profit?
Over the past 5 years, Jones Lang Lasalle Inc's revenue has grown 9.5% per year, and net income grown 14.5% per year. These are computed facts, not advice.
How much debt does JLL have?
As of FY2025, Jones Lang Lasalle Inc reported $890M of total debt against $599M of cash.
What is JLL's profit margin?
In FY2025, gross margin was —, operating margin 4.2%, and net margin 3.0%.
What is JLL's P/E ratio?
As of Jun '26, Jones Lang Lasalle Inc traded at a price-to-earnings ratio of about 17.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.