JLL's diluted earnings per share up 50% (in local currency1) to a record $6.85 for the third quarter
JLL reports financial results for Third-Quarter 2026
CHICAGO, Oct. 28, 2026 – Jones Lang LaSalle Incorporated (NYSE: JLL) today reported strong operating performance for the third quarter of 2026. Diluted earnings per share was $6.85, up 49% in USD and 50% in local currency (LC), and adjusted diluted earnings per share1 was $6.76, up 50% in USD and 52% in LC. Net income attributable to common shareholders grew 44% in USD and 45% in LC while Adjusted EBITDA increased 33% in USD and LC to $460.2 million.
- Revenue was $7.3 billion, up 12% in USD and LC1, with Advisory4 revenues up 22% in LC and Resilient4 revenues up 9% in LC
- Real Estate Management Services increased 9% in LC, driven by strength in Workplace Management and Project Management
- Leasing Advisory growth accelerated to 27% in LC, led by U.S. growth in industrial, office and data centers
- Capital Markets Services was up 21% in LC, with broad-based and diversified growth across sectors and geographies
- Continued profit growth and margin expansion largely driven by higher revenues and incremental platform leverage
- The company intends to execute a new $500 million accelerated share repurchase imminently, bringing full-year repurchases to over $1 billion
"JLL's record third quarter at the top and bottom line reflected our track record of converting growth into margin-accretive profit," said Christian Ulbrich, JLL CEO. "Given the strength of our pipelines and operating trends, we are optimistic about a strong finish to 2026 and have raised our full-year. Adjusted EPS target range, reflecting 37% growth at the midpoint. Our focus on generating robust free cash flow and maintaining an agile financial profile allows us to invest strategically for long-term growth while deploying capital opportunistically. Our imminent $500 million accelerated share repurchase underscores our conviction in our long-term strategy to build an even more integrated and resilient JLL."
About JLL
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of approximately 112,000 as of September 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.