JLL (Jones Lang LaSalle) Debt-to-EBITDA : 3.71 (As of Mar. 2026) — 47% Above Median


JLL Jones Lang LaSalle Inc JLL
92 GF Score
Price $324.44
GF Value $294.11
Valuation Fairly Valued
! 5 Warning Signs
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What is Jones Lang LaSalle Debt-to-EBITDA?

Jones Lang LaSalle JLL +0.08% 92 Debt-to-EBITDA is 3.71 as of Mar. 2026, which is 47% above its 10-year median of 2.52. GuruFocus rates JLL with a GF Score™ of 92/100 and a GF Value™ of $294.11 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,272 Real Estate companies, Jones Lang LaSalle ranks better than 70.13% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Jones Lang LaSalle's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2,106 Mil. Jones Lang LaSalle's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,870 Mil. Jones Lang LaSalle's annualized EBITDA for the quarter that ended in Mar. 2026 was $1,071 Mil. Jones Lang LaSalle's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 3.71.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Jones Lang LaSalle's Debt-to-EBITDA or its related term are showing as below:

JLL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.08   Med: 2.52   Max: 3.4
Current: 2.68

During the past 13 years, the highest Debt-to-EBITDA Ratio of Jones Lang LaSalle was 3.40. The lowest was 1.08. And the median was 2.52.

JLL's Debt-to-EBITDA is ranked better than
70.13% of 1272 companies
in the Real Estate industry
Industry Median: 5.615 vs JLL: 2.68

Jones Lang LaSalle  (NYSE:JLL) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Jones Lang LaSalle Debt-to-EBITDA Related Terms


Jones Lang LaSalle Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Jones Lang LaSalle's Debt-to-EBITDA 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.

Jones Lang LaSalle Debt-to-EBITDA Chart

Jones Lang LaSalle Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.95 2.61 3.40 2.57 1.82

Jones Lang LaSalle Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 4.35 3.59 2.54 1.11 3.71

JLL vs BEKE, CSGP, COMP: Debt-to-EBITDA Comparison

For the Real Estate Services subindustry, Jones Lang LaSalle's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Jones Lang LaSalle's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jones Lang LaSalle's Debt-to-EBITDA falls into.


JLL
92GF Score
Jones Lang LaSalle Inc JLL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Jones Lang LaSalle Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Jones Lang LaSalle's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1018.3 + 1571.8) / 1426.1
=1.82

Jones Lang LaSalle's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2105.9 + 1869.6) / 1070.8
=3.71

* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.71 mean?
Jones Lang LaSalle (JLL) has a Debt-to-EBITDA of 3.71 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Jones Lang LaSalle. This is 47% above median its historical median of 2.52. Over the past decade, Jones Lang LaSalle's Debt-to-EBITDA has ranged from 1.08 to 3.40. According to the industry distribution chart, Jones Lang LaSalle ranks #380 out of 1272 companies in the Real Estate industry, placing it in the top 29.9%.
Is Jones Lang LaSalle's Debt-to-EBITDA too high?
Jones Lang LaSalle's current Debt-to-EBITDA of 3.71 is 47% above median its 10-year median of 2.52. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 3.40. The Real Estate industry median Debt-to-EBITDA is 5.62. Jones Lang LaSalle's value of 3.71 is 33.9% below this industry median. Based on the distribution chart, Jones Lang LaSalle ranks #380 out of 1272 companies in the Real Estate industry, which is above the industry midpoint. Overall, Jones Lang LaSalle has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jones Lang LaSalle's Debt-to-EBITDA compare to BEKE and CSGP?
According to the Real Estate industry distribution chart, Jones Lang LaSalle ranks #380 out of 1272 companies for Debt-to-EBITDA. This puts Jones Lang LaSalle in the upper half of its industry. The industry median Debt-to-EBITDA is 5.62. Jones Lang LaSalle's value of 3.71 is 33.9% below this benchmark. Historically, Jones Lang LaSalle's own Debt-to-EBITDA has ranged from 1.08 to 3.40 over the past decade. While the company's 10-year median is 2.52 vs. the industry median of 5.62, Jones Lang LaSalle has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.62, based on 1,272 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jones Lang LaSalle's current Debt-to-EBITDA of 3.71 is 33.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Jones Lang LaSalle. For the Real Estate industry, the median Debt-to-EBITDA is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jones Lang LaSalle's current Debt-to-EBITDA is 3.71, which is 47% above median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jones Lang LaSalle stock overvalued right now?
Based on GuruFocus' analysis, Jones Lang LaSalle (JLL) is currently considered Fairly Valued. The stock's GF Value™ is $294.11, compared to a current price of $324.44 — trading 10.3% above its estimated fair value. The current Debt-to-EBITDA is 3.71, which is 47% above median its 10-year median of 2.52 and 33.9% below the Real Estate industry median of 5.62. Jones Lang LaSalle's overall GF Score™ is 92/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Jones Lang LaSalle (JLL), the current Debt-to-EBITDA is 3.71 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jones Lang LaSalle (JLL) Overvalued in 2026?

Based on GuruFocus' analysis, Jones Lang LaSalle stock appears to be overvalued. The current stock price of $324.44 is trading 10.3% above its estimated GF Value™ of $294.11. GuruFocus considers Jones Lang LaSalle to be Fairly Valued.

Key valuation signals for JLL:

  • Debt-to-EBITDA: 3.71 (47% above median its 10-year median of 2.52)
  • GF Value™: $294.11 vs. price of $324.44 (10.3% above fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 33.9% below the Real Estate median (#380 of 1272)

No single metric tells the full story. See the JLL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jones Lang LaSalle Business Description

Other Exchanges 0JPB:UK4J2:Germany
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 $86 billion for clients across diverse public and private real estate strategies as of the end of 2025.
92GF Score

Get the complete analysis for JLL

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$324.44
Price
$294.11
GF Value