APPF vs ICE vs JLL Stock Comparison

Appfolio, Intercontinental Exchange and Jones Lang Lasalle Prices as of Oct 26, 2026 Peers: Industry group
APPF Appfolio Inc
$214.32 +4.9% 1M -11.7% 1Y
Market cap
$7.16B
P/E
42.1x
Revenue (TTM)
$1.09B
Div. yield
–
Real Estate Software Technology
2 wins
JLL Jones Lang Lasalle Inc
$300.64 -6.6% 1M -5.2% 1Y
Market cap
$13.89B
P/E
13.9x
Revenue (TTM)
$27.43B
Div. yield
–
Commercial Real Estate Services Real Estate
5 wins

Head to Head

11 decided of 12

Jones Lang Lasalle leads on 5 of the 12 questions below (Jones Lang Lasalle 5, Intercontinental Exchange 4, Appfolio 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPPFICEJLLLeader
Larger companyMarket capitalisation $7.16B $88.01B $13.89B ICE
Cheaper on earningsLower P/E, profitable companies only 42.1x 21.8x 13.9x JLL
Cheaper on forward earningsLower price / next fiscal year consensus EPS 32.1x 18.4x 12.5x JLL
Faster revenue growthRevenue growth, trailing twelve months +20.0% +6.9% +11.2% APPF
More profitableNet margin, trailing twelve months 15.6% 30.1% 3.6% ICE
Better return on capitalReturn on invested capital — 8.5% 10.6% JLL
Less leveragedLower net debt / EBITDA — 2.6x 0.9x JLL
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months -11.7% +1.5% -5.2% ICE
Better 5-year returnAnnualised price return, 5 years +10.6%/yr +3.8%/yr +2.9%/yr APPF
Less volatileAnnualised volatility, 1 year 44.8% 25.7% 36.1% ICE
Higher overall scoreMean of the five percentile scores vs peers 75/100 56/100 81/100 JLL

Percentile Scorecard

APPFICEJLL

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAPPFICEJLL
Valuation 46 #49 of 90 59 #40 of 97 94 #2 of 18
Growth 91 #8 of 82 52 #33 of 68 87 #3 of 16
Profitability 92 #7 of 77 83 #12 of 67 87 #3 of 16
Financial Health 90 #11 of 96 35 #63 of 97 56 #8 of 17
Shareholder Returns 57 #24 of 54 49 #21 of 40 –
Overall 75 56 81
  • APPF ranked among 99 companies in Vertical Software
  • ICE ranked among 112 companies in Capital Markets
  • JLL ranked among 19 companies in Real Estate Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAPPFICEJLLSPY
1 month +4.9%+3.7%-6.6% -0.8%
3 months +27.0%+7.7%-9.8% +3.5%
6 months +26.3%+2.0%-12.1% +7.0%
Year to date -7.9%-1.2%-10.6% +12.2%
1 year -11.7%+1.5%-5.2% +13.0%
3 years +14.0%+52.8%+143.9% +86.3%
3 years, per year +4.5%+15.2%+34.6% +23.1%
5 years +65.2%+20.4%+15.4% +68.6%
5 years, per year +10.6%+3.8%+2.9% +11.0%
10 years +1,022.7%+200.5%+196.2% +258.0%
10 years, per year +27.4%+11.6%+11.5% +13.6%

Risk

MeasureAPPFICEJLLSPY
Volatility, 1Y 44.8%25.7%36.1% 12.7%
Downside volatility, 1Y 43.1%27.3%37.9% 12.7%
Beta vs S&P 500, 1Y 0.460.170.97 1.00
Return / volatility, 1Y -0.260.06-0.14 1.02
Max drawdown, 5Y -55.4%-35.1%-55.5% -25.4%
From 52-week high -18.3%-8.6%-23.5% -1.8%
52-week high $262.26$175.10$392.79 $779.14
52-week low $143.34$122.91$280.16 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAPPFICEJLL
P/E now vs peer median 44.7xmedian 42.4x 22.4xmedian 29.4x 13.9xmedian 21.2x
P/S now vs peer median 7.0xmedian 2.7x 6.7xmedian 2.9x 0.5xmedian 0.7x
EV/EBITDA now vs peer median 30.7xmedian 19.0x 15.3xmedian 13.7x 9.4xmedian 9.8x
P/FCF now vs peer median 26.9xmedian 19.4x 17.7xmedian 16.0x 12.3xmedian 12.3x
P/B now vs peer median 13.0xmedian 1.8x 3.0xmedian 2.3x 1.8xmedian 1.8x
PEG now vs peer median 0.57median 1.75 0.67median 0.52 0.28median 0.51

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAPPFICEJLL
Revenue $1.09B $13.43B $27.43B
Gross profit $693.53M – –
Operating income $204.71M $5.47B $1.28B
Net income $169.86M $4.10B $997.90M
Free cash flow $282.10M $5.08B $1.12B
R&D $199.70M – –
EPS (diluted) $4.77 $7.13 $21.29
Cash & equivalents $258.54M $1.07B $458.20M
Total debt – $19.85B $1.92B
Shares (diluted) 35.58M 566.00M 46.93M
Enterprise value $6.23B $81.75B $11.97B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAPPFICEJLL
P/E 44.7x 22.4x 13.9x
P/FCF 26.9x 17.7x 12.3x
P/Operating cash flow 26.8x 16.3x 10.2x
P/S 7.0x 6.7x 0.5x
P/B 13.0x 3.0x 1.8x
P/Tangible book 13.8x 6.1x 2.0x
EV/EBITDA 30.7x 15.3x 9.4x
EV/EBIT 35.6x 19.7x 12.0x
EV/Revenue 6.7x 8.0x 0.6x
EV/FCF 25.8x 21.2x 13.6x
EV/Operating cash flow 25.7x 19.5x 11.2x
PEG (3Y EPS CAGR) 0.57 0.67 0.28

Growth

14 metrics
MetricAPPFICEJLL
Revenue growth (1Y) 20.0% 6.9% 11.2%
Revenue CAGR (3Y) 23.8% 11.9% 10.1%
Gross profit growth (1Y) 20.6% – –
Gross profit CAGR (3Y) 26.1% – –
Operating income growth (1Y) 54.7% 16.4% 38.9%
Operating income CAGR (3Y) 85.0% 13.9% 26.9%
Net income growth (1Y) -16.6% 34.1% 76.7%
Net income CAGR (3Y) 77.5% 33.1% 47.6%
EPS growth (1Y) -15.0% 36.6% 82.5%
EPS CAGR (3Y) 78.5% 33.3% 49.4%
Operating cash flow growth (1Y) 32.7% 13.1% 80.6%
Operating cash flow CAGR (3Y) 100.5% 14.9% 73.7%
Free cash flow growth (1Y) 33.3% 13.9% 99.7%
Free cash flow CAGR (3Y) 114.3% 14.1% 176.7%

Profitability

14 metrics
MetricAPPFICEJLL
Gross margin 63.8% – –
EBITDA margin 21.9% 52.3% 5.9%
Operating margin 18.8% 40.7% 4.7%
Pretax margin 19.6% 39.7% 4.5%
Net margin 15.6% 30.1% 3.6%
FCF margin 25.9% 37.8% 4.1%
Operating cash flow margin 26.1% 41.1% 5.0%
Return on equity 30.6% 13.9% 13.3%
Return on assets 24.9% 2.3% 5.6%
Return on invested capital – 8.5% 10.6%
Return on capital employed 35.3% 9.7% 11.9%
Asset turnover 1.6x 0.1x 1.6x
Cash conversion (OCF / net income) 1.7x 1.3x 1.4x
Stock comp / revenue 6.8% 2.0% –

Financial Health

11 metrics
MetricAPPFICEJLL
Debt / assets – 11.4% 11.0%
Debt / equity – 0.7x 0.3x
Net debt / EBITDA – 2.6x 0.9x
Debt / FCF – 3.9x 1.7x
Liabilities / assets 18.6% 83.0% 56.5%
Equity / assets 81.4% 17.0% 43.5%
Interest coverage – 6.8x –
Current ratio 4.0x 1.0x 1.1x
Quick ratio 3.5x 0.0x 0.4x
Cash ratio 3.0x 0.0x 0.1x
Altman Z-score 38.29 0.74 3.31

Shareholder Returns

7 metrics
MetricAPPFICEJLL
Dividend yield – 1.3% –
Net buyback yield 1.7% 2.2% 4.1%
Shareholder yield 1.7% 3.5% 4.1%
Payout ratio (earnings) – 27.8% –
Payout ratio (FCF) – 22.5% –
Dividend growth (1Y) – 6.1% –
Dividend CAGR (3Y) – 8.3% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAPPFICEJLL
Forward P/E 32.1xFY2026 18.4xFY2026 12.5xFY2026
EPS, next fiscal year $6.68FY2026 $8.69FY2026 $23.99FY2026
EPS growth, next FY +26.3%FY2026 +25.0%FY2026 +27.6%FY2026
EPS growth, the year after +17.4% -3.2% +10.6%
Revenue, next fiscal year $1.19BFY2026 $10.54BFY2026 $30.87BFY2026
Revenue growth, next FY +25.2%FY2026 +6.1%FY2026 +18.2%FY2026
Revenue growth, the year after +18.3% +16.0% +3.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPPFICEJLL
Held by institutions 96.0% 92.5% 93.2%
Institutions holding 391 1,651 661
Change in shares held, QoQ +9.3% +1.4% +0.2%
Institutions buying 225 734 317
Institutions selling 130 694 264
Buyers to sellers 1.73 1.06 1.20

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

APPFICEJLL
APPF 1.00 0.30 0.35
ICE 0.30 1.00 0.47
JLL 0.35 0.47 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, APPF, ICE and JLL?

Intercontinental Exchange (ICE) is the largest by market capitalisation: Appfolio (APPF) $7.16B, Intercontinental Exchange (ICE) $88.01B, Jones Lang Lasalle (JLL) $13.89B.

Which stock is cheaper, APPF, ICE and JLL?

Jones Lang Lasalle (JLL) trades on the lowest price-to-earnings ratio (Appfolio (APPF) 42.1x, Intercontinental Exchange (ICE) 21.8x, Jones Lang Lasalle (JLL) 13.9x). On next year's consensus earnings, Jones Lang Lasalle (JLL) is cheapest (Appfolio (APPF) 32.1x, Intercontinental Exchange (ICE) 18.4x, Jones Lang Lasalle (JLL) 12.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Appfolio (APPF) grew revenue fastest over the trailing twelve months: Appfolio (APPF) +20.0%, Intercontinental Exchange (ICE) +6.9%, Jones Lang Lasalle (JLL) +11.2%.

Which company is more profitable?

Intercontinental Exchange (ICE) has the highest net margin (Appfolio (APPF) 15.6%, Intercontinental Exchange (ICE) 30.1%, Jones Lang Lasalle (JLL) 3.6%). On return on invested capital, Jones Lang Lasalle (JLL) leads (Intercontinental Exchange (ICE) 8.5%, Jones Lang Lasalle (JLL) 10.6%).

Which stock has performed better?

Over the past year Intercontinental Exchange (ICE) returned the most: Appfolio (APPF) -11.7%, Intercontinental Exchange (ICE) +1.5%, Jones Lang Lasalle (JLL) -5.2%. Over five years, Appfolio (APPF) compounded fastest (Appfolio (APPF) +10.6%/yr, Intercontinental Exchange (ICE) +3.8%/yr, Jones Lang Lasalle (JLL) +2.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Appfolio (APPF) 0.00%, Intercontinental Exchange (ICE) 0.01%, Jones Lang Lasalle (JLL) 0.00%. Appfolio (APPF) and Jones Lang Lasalle (JLL) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Intercontinental Exchange (ICE) has been the steadiest (Appfolio (APPF) 44.8%, Intercontinental Exchange (ICE) 25.7%, Jones Lang Lasalle (JLL) 36.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, APPF, ICE and JLL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Jones Lang Lasalle (JLL) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.