Financials Jones Lang LaSalle Incorporated

Equities

JLL

US48020Q1076

Real Estate Services

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
182.5 USD +1.10% Intraday chart for Jones Lang LaSalle Incorporated +4.22% -3.37%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 8,972 7,591 13,593 7,564 8,985 8,668 - -
Enterprise Value (EV) 1 9,817 7,772 13,956 8,796 8,985 9,339 8,945 8,577
P/E ratio 16 x 19.3 x 14.6 x 12 x 40.4 x 17.5 x 12.9 x 10.7 x
Yield 0.49% - - - - - - -
Capitalization / Revenue 0.89 x 0.85 x 1.23 x 0.36 x 0.43 x 0.4 x 0.37 x 0.35 x
EV / Revenue 0.98 x 0.87 x 1.26 x 0.42 x 0.43 x 0.43 x 0.38 x 0.35 x
EV / EBITDA 8.8 x 9.04 x 9.33 x 7.05 x 12.2 x 8.96 x 7.13 x 6.09 x
EV / FCF 16.5 x 15.9 x 17.5 x -1,491 x - 21.9 x 15.2 x 11.8 x
FCF Yield 6.06% 6.29% 5.71% -0.07% - 4.56% 6.56% 8.44%
Price to Book 1.65 x 1.37 x 2.18 x 1.28 x - 1.23 x 1.12 x 1.03 x
Nbr of stocks (in thousands) 51,535 51,163 50,468 47,463 47,573 47,497 - -
Reference price 2 174.1 148.4 269.3 159.4 188.9 182.5 182.5 182.5
Announcement Date 2/11/20 2/9/21 2/28/22 2/28/23 2/27/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 10,031 8,900 11,046 20,862 20,761 21,772 23,310 24,769
EBITDA 1 1,116 859.6 1,496 1,247 736.7 1,042 1,254 1,408
EBIT 1 715.4 559.1 1,044 868.1 576.5 771.5 965.2 1,099
Operating Margin 7.13% 6.28% 9.45% 4.16% 2.78% 3.54% 4.14% 4.44%
Earnings before Tax (EBT) 1 697.6 529.6 1,224 994.2 251.9 653.2 866.5 978.9
Net income 1 534.4 402.5 961.6 654.5 225.4 498.6 672.3 786
Net margin 5.33% 4.52% 8.71% 3.14% 1.09% 2.29% 2.88% 3.17%
EPS 2 10.87 7.700 18.47 13.27 4.670 10.43 14.14 17.10
Free Cash Flow 1 595.1 488.7 796.5 -5.9 - 426 587 724
FCF margin 5.93% 5.49% 7.21% -0.03% - 1.96% 2.52% 2.92%
FCF Conversion (EBITDA) 53.32% 56.85% 53.22% - - 40.89% 46.81% 51.4%
FCF Conversion (Net income) 111.36% 121.42% 82.83% - - 85.44% 87.31% 92.12%
Dividend per Share 2 0.8600 - - - - - - -
Announcement Date 2/11/20 2/9/21 2/28/22 2/28/23 2/27/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 2,805 3,604 4,801 5,278 5,178 5,605 4,716 5,052 5,111 5,881 4,818 5,224 5,324 6,386 5,478
EBITDA 1 352 622 273.6 359 276.2 338.5 109 116.1 205.2 306.4 133 229.5 254.7 435.2 179
EBIT 1 292.9 445.6 175.7 235.1 202.6 254.7 17.8 149.2 119.1 290.4 69.37 156.3 182.5 352 -
Operating Margin 10.44% 12.37% 3.66% 4.45% 3.91% 4.54% 0.38% 2.95% 2.33% 4.94% 1.44% 2.99% 3.43% 5.51% -
Earnings before Tax (EBT) 1 302 536.7 184.2 408.3 180.4 221.3 -11 4 73.8 185.1 38.51 126.3 156.7 330.8 -
Net income 1 237.2 421.4 145.6 193.9 140.2 174.8 -9.2 2.5 59.7 172.4 27.22 96.89 115.6 263.2 -
Net margin 8.46% 11.69% 3.03% 3.67% 2.71% 3.12% -0.2% 0.05% 1.17% 2.93% 0.57% 1.85% 2.17% 4.12% -
EPS 2 4.570 8.160 2.860 3.900 2.880 3.620 -0.1900 0.0500 1.230 3.570 0.6109 2.043 2.463 5.413 1.740
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/3/21 2/28/22 5/9/22 8/3/22 11/2/22 2/28/23 5/4/23 8/3/23 11/2/23 2/27/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 846 181 363 1,232 - 670 277 -
Net Cash position 1 - - - - - - - 91.2
Leverage (Debt/EBITDA) 0.7575 x 0.2106 x 0.2424 x 0.9873 x - 0.6435 x 0.2208 x -
Free Cash Flow 1 595 489 797 -5.9 - 426 587 724
ROE (net income / shareholders' equity) 12.1% 7.57% 17.3% 12.7% - 8% 9.85% 10.5%
ROA (Net income/ Total Assets) 4.51% 2.88% 6.8% 4.99% - 3.18% 3.93% 4.42%
Assets 1 11,849 13,995 14,146 13,129 - 15,679 17,120 17,802
Book Value Per Share 2 105.0 108.0 124.0 124.0 - 149.0 163.0 177.0
Cash Flow per Share 9.840 21.30 18.70 - - - - -
Capex 1 188 149 176 206 - 200 212 232
Capex / Sales 1.87% 1.68% 1.59% 0.99% - 0.92% 0.91% 0.94%
Announcement Date 2/11/20 2/9/21 2/28/22 2/28/23 2/27/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
182.5 USD
Average target price
218.9 USD
Spread / Average Target
+19.92%
Consensus
  1. Stock Market
  2. Equities
  3. JLL Stock
  4. Financials Jones Lang LaSalle Incorporated