CluenexJones Lang LaSalle JLL
Jones Lang LaSalle scores average on business quality (5.6 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Jones Lang LaSalle does
Jones Lang LaSalle makes money by providing professional real estate and investment management services, earning fees from property leasing, capital markets transactions, and facility management for corporate clients. The company is actively capturing major mandates like San Francisco's Fifty at First tower leasing and securing large financing deals such as $406 million in Dallas.
- What it does best
JLL excels at capturing large-scale commercial leasing and capital markets mandates through its global advisory network. With revenue growth in the top quartile of its sector at 82nd percentile, it outpaces peers like CBRE's 13.3% revenue growth by leveraging its massive institutional client base.
- The main risk
Commercial real estate market downturns directly threaten transaction volumes and advisory fee income. If leasing activity stalls or debt financing dries up, revenue from major advisory projects like the Dallas and San Francisco developments faces immediate pressure.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin rests at 4.9% while net margin is 3.6%, reflecting a low-margin agency model where profitability stays compressed despite rising scale.
The moat relies on enterprise client lock-in built through global scale and multi-service delivery. Its operating margin sits in the bottom quartile at the 10th percentile, reflecting high operational costs that limit the durability of this advantage.
Revenue reached $27.4 billion with an 11.4% growth rate, continuing an upward trend visible across annual history from $20.8 billion in 2023.
Net debt sits at $1.06 billion against $1.66 billion in total debt, while free cash flow reached $1,120 million, showing a strengthening cash generation profile.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
No open market buys or unplanned sales by executives or directors.
Our sealed record on JLL
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Jones Lang LaSalle scores average on the Cluenex quality check (5.6 of 10), measured against its own industry. Profitability is weak, moat fair, growth steady and financial health strong.
In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.
Oct 28, 2026.
See JLL today
- Today's verdict on JLL, and why
- Fair value with cautious, base and optimistic cases
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- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Jones Lang LaSalle (JLL)”, https://cluenex.com/stocks/jll/, data as of Oct 10, 2026.