Jones Lang LaSalle reported FY2025 revenue of $26.1 billion and Q1 2026 revenue of $6.4 billion. The thesis depends on capital-markets recovery, leasing demand, workplace services, margins and cash conversion.
JLL: Commercial real estate scale needs proof the recovery converts to cash
NYSEJLLCoverage BootstrapJones Lang LaSalle Incorporated
Thesis summary
Jones Lang LaSalle reported FY2025 revenue of $26.1 billion and Q1 2026 revenue of $6.4 billion. The thesis depends on capital-markets recovery, leasing demand, workplace services, margins and cash conversion.
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