Seeking Alpha·Oct 28, 2026
Jones Lang LaSalle Incorporated (JLL) Q3 2026 Earnings Call TranscriptJones Lang LaSalle Incorporated (JLL) Q3 2026 Earnings Call Transcript
JLL's revenue grew roughly 11 to 12 percent year over year, with Q3 2026 revenue near $7.3B, suggesting sustained demand across its advisory and services platform.
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Revenue climbed to roughly $7.3B in Q3 2026 with growth near 11.8 percent, yet thin net margins of about 4.4 percent and a sharp quarter-to-quarter earnings swing suggest that top-line expansion is not yet translating consistently into profitability.
JLL is shifting its revenue focus from traditional office spaces to high-growth sectors like data centers, life sciences, and logistics. This diversification is driven by increasing demand for AI compute needs and e-commerce expansion.
JLL is investing heavily in technology, including AI/ML and PropTech, to enhance client value and scale digital services. The rollout of JLL GPT and investments through JLL Spark aim to improve efficiency and service offerings.
Analysts expect a rebound in global investment sales volumes as interest rates stabilize, which will boost JLL's fee revenue from advisory and capital markets services. The company's strong performance in Markets Advisory and Capital Markets is contributing to revised EPS estimates.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 28, 2026 | $6.76+9.9% vs $6.15 | $7.3B+0.6% vs $7.2B |
Q3 2026 Jul 30, 2026 | $5.26+15.4% vs $4.56 | $6.9B+0.7% vs $6.9B |
Q2 2026 Apr 30, 2026 | $3.43+14.0% vs $3.01 | $6.4B+6.5% vs $6.0B |
Q1 2026 Feb 18, 2026 | $8.71+20.1% vs $7.25 | $7.6B+2.2% vs $7.4B |
Jones Lang LaSalle Incorporated (JLL) Q3 2026 Earnings Call Transcript
Jones Lang LaSalle NYSE: JLL reported record third-quarter results, with revenue rising 12% and adjusted EBITDA increasing 33% from a year earlier. Adjusted earnings per share climbed 52%, as the commercial real estate services company cited accelerating advisory demand, continued growth in its resilient businesses and operating leverage from platform initiatives.
While the top- and bottom-line numbers for Jones Lang LaSalle (JLL) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Jones Lang LaSalle (JLL) came out with quarterly earnings of $6.76 per share, beating the Zacks Consensus Estimate of $6.01 per share. This compares to earnings of $4.5 per share a year ago.
Benchmark JLL against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Jones Lang LaSalle Incorporated (JLL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $370.80 | $17.2B | 15.80 | 11.45% | 3.89% | 14.39% | — | |
| $135.51 | $39.68B | 28.61 | 13.37% | 3.08% | 14.87% | — | |
| $13.96 | $3.27B | 47.43 | 8.91% | 0.63% | 3.48% | — | |
| $27.75 | $1.05B | 70.27 | 8.49% | 1.83% | 2.6% | 1.9% | |
| $45.00 | $157.22M | 26.16 | 10.76% | -3.52% | — | 10.67% | |
| $11.91 | $1.86B | 19.93 | 21.86% | 4.07% | 8.67% | 0.72% |
Jones Lang LaSalle Incorporated (JLL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Jones Lang LaSalle Incorporated (JLL) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 28, 2026·SEC
Sep 30, 2026·SEC
Jul 30, 2026·SEC
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Jones Lang LaSalle Incorporated (JLL) stock FAQ — growth, dividends, profitability & financials explained
Jones Lang LaSalle Incorporated (JLL) reported $28.20B in revenue over the trailing twelve months. Revenue was $26.12B in fiscal year 2025. That is 16616% more than the $156.2M of fiscal year 1996.
Jones Lang LaSalle Incorporated (JLL) grew revenue by 11.4% over the trailing twelve months, compared with the twelve months before.
Yes. Jones Lang LaSalle Incorporated (JLL) earned $1.10B in net income over the trailing twelve months (a 3.9% net margin).
Jones Lang LaSalle Incorporated (JLL) had a return on equity (ROE) of 14.4% over the trailing twelve months. That is in line with the market's typical 10-15%.
Jones Lang LaSalle Incorporated (JLL) generated Funds From Operations (FFO) of $1.32B in the trailing twelve months. FFO is the primary profitability metric for REITs.
