JLL Posts Record Q2: EPS Doubles to $4.59, Raises Full-Year Outlook
JLL sits 32% above its 52-week low of $259.83.
Summary
Jones Lang LaSalle reported record Q2 2026 results with diluted EPS of $4.59, up 100% in local currency, and raised its full-year Adjusted EPS guidance to 34% year-over-year growth at the mid-point.
Key Events · Earnings and Guidance · JLL
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Record Q2 Earnings
Diluted EPS of $4.59, up 100% in local currency; Adjusted diluted EPS of $5.26, up 61% in local currency. Revenue reached $6.9 billion, up 10% in local currency.
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Broad-Based Revenue Growth
Advisory revenue up 21% in local currency, led by Leasing Advisory (+24%) and Capital Markets (+19%). Resilient revenue up 8%, driven by Workplace Management (+10%).
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Margin Expansion and Cash Flow
Adjusted EBITDA of $386.3 million, up 33% in local currency, with margin expansion across segments. Operating cash flow of $488.1 million, up 47% year-over-year.
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Raised Full-Year Guidance
Management raised its full-year Adjusted EPS target range, now reflecting 34% year-over-year growth at the mid-point, citing strong business momentum.
Analysis · JLL · Real Estate & Construction
JLL delivered a standout quarter with earnings per share doubling year-over-year on strong revenue growth across Advisory and Resilient segments. Leasing and Capital Markets both accelerated, driving margin expansion and a 47% jump in operating cash flow. Management raised its full-year Adjusted EPS target, signaling confidence that the momentum will continue. The $410 million in share repurchases year-to-date further underscores capital discipline and a commitment to returning cash to shareholders.
At the time of this filing, JLL was trading at $343.08 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $15.8B. The 52-week trading range was $259.83 to $363.06. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.