JLL (Jones Lang LaSalle) Return-on-Tangible-Equity: 31.07% (As of Mar. 2026) — 69% Below Median


JLL Jones Lang LaSalle Inc JLL
92 GF Score
Price $313.08
GF Value $293.88
Valuation Fairly Valued
! 3 Warning Signs
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What is Jones Lang LaSalle Return-on-Tangible-Equity?

Jones Lang LaSalle JLL -0.63% 92 Return-on-Tangible-Equity is 31.07% as of Mar. 2026, which is 69% below its 10-year median of 98.87. GuruFocus rates JLL with a GF Score™ of 92/100 and a GF Value™ of $293.88 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,718 Real Estate companies, Jones Lang LaSalle ranks better than 96.04% on this metric.

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. 2026 was $636 Mil. Jones Lang LaSalle's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $2,047 Mil. Therefore, Jones Lang LaSalle's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 31.07%.

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: 98.87   Max: 280
Current: 49.6

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 98.87%.

JLL's Return-on-Tangible-Equity is ranked better than
96.04% of 1718 companies
in the Real Estate industry
Industry Median: 4.195 vs JLL: 49.60

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


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

* Premium members only.

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.

Jones Lang LaSalle Return-on-Tangible-Equity Chart

Jones Lang LaSalle Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 147.64 99.11 28.98 46.39 44.44

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
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 15.09 28.64 51.81 81.83 31.07

JLL vs BEKE, CSGP, COMP: Return-on-Tangible-Equity Comparison

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 Return-on-Tangible-Equity vs 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.


JLL
92GF Score
Jones Lang LaSalle Inc JLL
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=792.1/( (1436.1+2128.8 )/ 2 )
=792.1/1782.45
=44.44 %

Jones Lang LaSalle's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=636/( (2128.8+1965.6)/ 2 )
=636/2047.2
=31.07 %

* 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. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 31.07% mean?
Jones Lang LaSalle (JLL) has a Return-on-Tangible-Equity of 31.07% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Jones Lang LaSalle and its competitors. This is 69% below median its historical median of 98.87. Over the past decade, Jones Lang LaSalle's Return-on-Tangible-Equity has ranged from 28.98 to 280.00. According to the industry distribution chart, Jones Lang LaSalle ranks #68 out of 1718 companies in the Real Estate industry, placing it in the top 4%.
Is Jones Lang LaSalle's Return-on-Tangible-Equity too high?
Jones Lang LaSalle's current Return-on-Tangible-Equity of 31.07% is 69% below median its 10-year median of 98.87. Over the past 10 years, this metric has ranged from a low of 28.98 to a high of 280.00. The Real Estate industry median Return-on-Tangible-Equity is 4.20. Jones Lang LaSalle's value of 31.07% is 640.6% above this industry median. Based on the distribution chart, Jones Lang LaSalle ranks #68 out of 1718 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. 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 Return-on-Tangible-Equity compare to BEKE and CSGP?
According to the Real Estate industry distribution chart, Jones Lang LaSalle ranks #68 out of 1718 companies for Return-on-Tangible-Equity. This places Jones Lang LaSalle in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.20. Jones Lang LaSalle's value of 31.07% is 640.6% above this benchmark. Historically, Jones Lang LaSalle's own Return-on-Tangible-Equity has ranged from 28.98 to 280.00 over the past decade. While the company's 10-year median is 98.87 vs. the industry median of 4.20, Jones Lang LaSalle has consistently been above 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 Return-on-Tangible-Equity for a Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.20, based on 1,718 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jones Lang LaSalle's current Return-on-Tangible-Equity of 31.07% is 640.6% above 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Jones Lang LaSalle and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jones Lang LaSalle's current Return-on-Tangible-Equity is 31.07%, which is 69% below median its own 10-year median of 98.87. 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 $293.88, compared to a current price of $313.08 — trading 6.5% above its estimated fair value. The current Return-on-Tangible-Equity is 31.07%, which is 69% below median its 10-year median of 98.87 and 640.6% above the Real Estate industry median of 4.20. Jones Lang LaSalle's overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Jones Lang LaSalle (JLL), the current Return-on-Tangible-Equity is 31.07% 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 $313.08 is trading 6.5% above its estimated GF Value™ of $293.88. GuruFocus considers Jones Lang LaSalle to be Fairly Valued.

Key valuation signals for JLL:

  • Return-on-Tangible-Equity: 31.07% (69% below median its 10-year median of 98.87)
  • GF Value™: $293.88 vs. price of $313.08 (6.5% above fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 640.6% above the Real Estate median (#68 of 1718)

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

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$313.08
Price
$293.88
GF Value