Jones Lang LaSalle Q4 revenue up 10%, beats expectations

Jones Lang LaSalle Incorporated

18/02/2026 12:38

Overview

Real estate services firm's Q4 revenue rose 10%, beating analyst expectations

Adjusted EPS for Q4 beat analyst expectations, rising 40% yr/yr

Company repurchased $80.3 mln in shares during Q4

Outlook

Company sees significant runway for healthy growth with continued margin expansion

JLL plans to provide details on forward strategy at upcoming Investor Briefing

Result Drivers

TRANSACTIONAL REVENUE - Driven by strong growth in Capital Markets Services and Leasing Advisory, with investment sales and debt advisory transactions leading the way

REAL ESTATE MANAGEMENT - Revenue growth in Real Estate Management Services was led by Project Management and Workplace Management

COST MANAGEMENT - Effective cost management actions offset adverse impacts from healthcare claims, contributing to margin expansion

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$7.61 bln
$7.45 bln (7 Analysts)
Q4 Adjusted EPS
Beat
$8.71
$7.33 (10 Analysts)
Q4 EPS
$8.34
Q4 Adjusted Net Income
Beat
$419.70 mln
$353.31 mln (6 Analysts)
Q4 Adjusted EBITDA
Beat
$589.10 mln
$529.88 mln (8 Analysts)
Q4 Free Cash Flow
$934.60 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the real estate services peer group is "buy"

Wall Street's median 12-month price target for Jones Lang LaSalle Inc is $405.00, about 41.2% above its February 17 closing price of $286.83

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nPn5J2wKga

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)