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Jones Lang LaSalle (Jones Lang LaSalle) Return-on-Tangible-Equity : 28.08% (As of Mar. 2024)


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What is Jones Lang LaSalle Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Jones Lang LaSalle's annualized net income for the quarter that ended in Mar. 2024 was $264 Mil. Jones Lang LaSalle's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $942 Mil. Therefore, Jones Lang LaSalle's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 28.08%.

The historical rank and industry rank for Jones Lang LaSalle's Return-on-Tangible-Equity or its related term are showing as below:

JLL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 28.98   Med: 114.98   Max: 280
Current: 38.5

During the past 13 years, Jones Lang LaSalle's highest Return-on-Tangible-Equity was 280.00%. The lowest was 28.98%. And the median was 114.98%.

JLL's Return-on-Tangible-Equity is ranked better than
94.51% of 1767 companies
in the Real Estate industry
Industry Median: 3.06 vs JLL: 38.50

Jones Lang LaSalle Return-on-Tangible-Equity Historical Data

The historical data trend for Jones Lang LaSalle's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jones Lang LaSalle Return-on-Tangible-Equity Chart

Jones Lang LaSalle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.85 91.10 147.64 99.11 28.98

Jones Lang LaSalle Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.70 1.51 34.98 85.09 28.08

Competitive Comparison of Jones Lang LaSalle's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Jones Lang LaSalle's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jones Lang LaSalle's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jones Lang LaSalle's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Jones Lang LaSalle's Return-on-Tangible-Equity falls into.



Jones Lang LaSalle Return-on-Tangible-Equity Calculation

Jones Lang LaSalle's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=225.4/( (634.4+921.4 )/ 2 )
=225.4/777.9
=28.98 %

Jones Lang LaSalle's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=264.4/( (921.4+961.8)/ 2 )
=264.4/941.6
=28.08 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Jones Lang LaSalle  (NYSE:JLL) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Jones Lang LaSalle Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Jones Lang LaSalle's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Jones Lang LaSalle (Jones Lang LaSalle) Business Description

Traded in Other Exchanges
Address
200 East Randolph Drive, Chicago, IL, USA, 60601
Jones Lang LaSalle provides a wide range of real estate-related services to owners, occupiers, and investors worldwide, including leasing, property and project management, and capital markets advisory. JLL's investment management arm, LaSalle Investment Management, manages over $70 billion for clients across diverse public and private real estate strategies.
Executives
Andrew W Poppink officer: CEO, Markets Advisory 200 E. RANDOLPH, CHICAGO IL 60601
Moses Ifidon Ojeisekhoba director 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Laura M. Adams officer: Chief Human Resources Officer 200 E. RANDOLPH, CHICAGO IL 60601
Larry Quinlan director 2225 LAWSON LANE, SANTA CLARA CA 95054
Mark Gabbay officer: CEO LaSalle Investment Mgmt 200 E. RANDOLPH, CHICAGO IL 60601
Benjamin G. Hawke officer: Chief Accounting Officer 200 E. RANDOLPH, CHICAGO IL 60601
Efrain Rivera director 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Louis F Bowers officer: Global Controller 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Kylie L Kendrick officer: Chief Operating Officer 200 E. RANDOLPH, CHICAGO IL 60601
Tina L. Ju director 200 E. RANDOLPH, CHICAGO IL 60601
Richard Bloxam officer: Global Head, Capital Markets 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Jeff A Jacobson officer: CEO, LaSalle Investment Mgmt 200 E. RANDOLPH DR., CHICAGO IL 60601
Karen G Brennan officer: Chief Financial Officer 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Yishai Lerner officer: Co-CEO JLL Technologies 200 E. RANDOLPH STREET, CHICAGO IL 60601
Mihir Shah officer: Co-CEO JLL Technologies 200 E. RANDOLPH STREET, CHICAGO IL 60601