Jones Lang LaSalle Incorporated (JLL) Financial Statements (2025 and earlier)

Company Profile

Business Address 200 E RANDOLPH DR
CHICAGO, IL 60601
State of Incorp. MD
Fiscal Year End December 31
Industry (SIC) 6531 - Real Estate Agents and Managers (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

3/31/2025
MRQ
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments416410519594574452
Cash and cash equivalent416410519594574452
Receivables2,8292,7582,8342,5812,3282,742
Contract with customer, asset, after allowance for credit loss335338360343266333
Other undisclosed current assets3,8993,3512,8572,8703,2862,341
Total current assets:7,4796,8576,5706,3886,4545,869
Noncurrent Assets
Operating lease, right-of-use asset743731776723707804
Property, plant and equipment598614583740664702
Long-term investments and receivables1,2071,1801,2051,062662654
Long-term investments813817874746431404
Accounts and financing receivable, after allowance for credit loss395364331316231250
Intangible assets, net (including goodwill)5,3355,3725,3875,4994,9054,851
Goodwill4,6114,5874,5284,6124,2254,168
Intangible assets, net (excluding goodwill)724785859887680683
Deferred costs664604518529446350
Deferred income tax assets518497380331297 
Other noncurrent assets219209176234182197
Other undisclosed noncurrent assets      245
Total noncurrent assets:9,2859,2089,0249,1177,8637,804
TOTAL ASSETS:16,76416,06515,59415,50514,31713,673
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,3231,4071,2371,2631,2301,289
Taxes payable221201231
Employee-related liabilities2,0301,4331,729
Accrued liabilities2,0552,0681,964   
Other undisclosed accounts payable and accrued liabilities(732)(662)(727)(988)(404)(671)
Deferred revenue204226217208193159
Debt1,1948116201,21862274
Business combination, contingent consideration, liability  2023469274
Other liabilities322326331218300203
Other undisclosed current liabilities4,1023,6573,4863,5334,2523,491
Total current liabilities:7,1456,4465,9126,4876,1285,490
Noncurrent Liabilities
Long-term debt and lease obligation7577793731,1101,3861,416
Long-term debt, excluding current maturities757779373396702665
Liabilities, other than long-term debt1,9411,9072,0601,3491,1941,087
Deferred compensation liability, classified665580492525450374
Deferred income tax liabilities4645194180120 
Liability for uncertainty in income taxes 6288115  152
Other liabilities419389407578598436
Operating lease, liability749755776714684751
Business combination, contingent consideration, liability  51766626124
Other undisclosed noncurrent liabilities265231,099138(9)467
Total noncurrent liabilities:2,7243,2093,5322,5972,5712,969
Total liabilities:9,8699,6559,4449,0848,6998,459
Temporary equity, including noncontrolling interest   7889
Equity
Equity, attributable to parent, including:6,7726,2946,0216,1855,5215,118
Common stock111111
Treasury stock, value(938)(920)(935)(406)(96) 
Additional paid in capital2,0332,0202,0232,0542,0231,963
Accumulated other comprehensive loss(647)(592)(648)(395)(377)(428)
Retained earnings6,3355,7965,5904,9383,9763,588
Other undisclosed equity, attributable to parent(12)(10)(10)(5)(6)(6)
Equity, attributable to noncontrolling interest1241161222298987
Total equity:6,8956,4106,1436,4135,6105,205
TOTAL LIABILITIES AND EQUITY:16,76416,06515,59415,50514,31713,673

Income Statement (P&L) ($ in millions)

3/31/2025
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Revenues23,43320,76120,86219,36716,59017,983
Gross profit:23,43320,76120,86219,36716,59017,983
Operating expenses(22,565)(20,184)(19,994)(18,324)(16,031)(17,268)
Operating income:8685778681,044559715
Nonoperating income
(Other Nonoperating income)
19515011152
Income from continuing operations before equity method investments, income taxes:8875811,0181,054574718
Income (loss) from equity method investments(71)(194)51209836
Other undisclosed loss from continuing operations before income taxes(137)(135)(75)(40)(53)(56)
Income from continuing operations before income taxes:6792529941,224530698
Income tax expense(133)(26)(201)(264)(107)(160)
Income from continuing operations:547226793959423538
Income before gain (loss) on sale of properties:959423538
Net income:547226793959423538
Net income (loss) attributable to noncontrolling interest (1)(139)2(20)(3)
Other undisclosed net loss attributable to parent      
Net income attributable to parent:547225655962403535
Other undisclosed net loss available to common stockholders, basic      (1)
Net income available to common stockholders, diluted:547225655962403534

Comprehensive Income ($ in millions)

3/31/2025
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Net income:547226793959423538
Comprehensive income:547226793959423538
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (1)(139)2(20)(3)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(55)57(253)(18)5128
Comprehensive income, net of tax, attributable to parent:491282402943453564

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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