JLL vs AMT Stock Comparison

Jones Lang Lasalle and American Tower Prices as of Oct 23, 2026 Peers: Industry group
JLL Jones Lang Lasalle Inc
$300.19 -7.3% 1M -5.1% 1Y
Market cap
$13.88B
P/E
13.9x
Revenue (TTM)
$27.43B
Div. yield
–
Commercial Real Estate Services Real Estate
7 wins
AMT American Tower Corp /Ma/
$188.97 +10.6% 1M -0.7% 1Y
Market cap
$87.68B
P/E
25.8x
Revenue (TTM)
$10.94B
Div. yield
–
Tower REITs Real Estate
4 wins

Head to Head

11 decided of 12

Jones Lang Lasalle leads on 7 of the 12 questions below (Jones Lang Lasalle 7, American Tower 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionJLLAMTLeader
Larger companyMarket capitalisation $13.88B $87.68B AMT
Cheaper on earningsLower P/E, profitable companies only 13.9x 25.8x JLL
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.5x 28.0x JLL
Faster revenue growthRevenue growth, trailing twelve months +11.2% +6.6% JLL
More profitableNet margin, trailing twelve months 3.6% 31.1% AMT
Better return on capitalReturn on invested capital 10.6% 9.2% JLL
Less leveragedLower net debt / EBITDA 0.9x 5.1x JLL
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -5.1% -0.7% AMT
Better 5-year returnAnnualised price return, 5 years +2.7%/yr -7.9%/yr JLL
Less volatileAnnualised volatility, 1 year 36.0% 28.5% AMT
Higher overall scoreMean of the five percentile scores vs peers 70/100 56/100 JLL

Percentile Scorecard

JLLAMT

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

AxisJLLAMT
Valuation 94 #2 of 18 30 #8 of 11
Growth 87 #3 of 16 89 #2 of 10
Profitability 87 #3 of 16 67 #4 of 10
Financial Health 56 #8 of 17 40 #7 of 11
Shareholder Returns 29 #6 of 8 –
Overall 70 56
  • JLL ranked among 19 companies in Real Estate Services
  • AMT ranked among 11 companies in Infrastructure REITs

Price Performance

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

Returns

PeriodJLLAMTSPY
1 month -7.3%+10.6% -1.0%
3 months -7.7%+13.4% +2.9%
6 months -11.3%+6.0% +6.4%
Year to date -10.8%+7.6% +11.4%
1 year -5.1%-0.7% +13.1%
3 years +140.1%+15.8% +79.4%
3 years, per year +33.9%+5.0% +21.5%
5 years +14.1%-33.6% +67.7%
5 years, per year +2.7%-7.9% +10.9%
10 years +194.1%+63.3% +255.2%
10 years, per year +11.4%+5.0% +13.5%

Risk

MeasureJLLAMTSPY
Volatility, 1Y 36.0%28.5% 12.7%
Downside volatility, 1Y 37.8%28.7% 12.7%
Beta vs S&P 500, 1Y 0.95-0.06 1.00
Return / volatility, 1Y -0.14-0.02 1.03
Max drawdown, 5Y -55.5%-46.1% -25.4%
From 52-week high -23.6%-2.7% -2.5%
52-week high $392.79$194.12 $779.14
52-week low $280.16$161.11 $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.

MultipleJLLAMT
P/E now vs peer median 13.9xmedian 20.5x 25.9xmedian 24.1x
P/S now vs peer median 0.5xmedian 0.7x 8.0xmedian 6.3x
EV/EBITDA now vs peer median 9.4xmedian 9.9x 17.7xmedian 16.7x
P/FCF now vs peer median 12.3xmedian 12.3x 22.2xmedian 18.0x
P/B now vs peer median 1.8xmedian 1.8x 8.6xmedian 2.3x
PEG now vs peer median 0.28median 0.50 0.50median 0.71

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 monthsJLLAMT
Revenue $27.43B $10.94B
Gross profit – $10.78B
Operating income $1.28B $4.90B
Net income $997.90M $3.52B
Free cash flow $1.12B $3.96B
EPS (diluted) $21.29 $7.29
Cash & equivalents $458.20M $1.76B
Total debt $8.26B $37.19B
Shares (diluted) 46.93M 466.27M
Enterprise value $11.96B $80.88B

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
MetricJLLAMT
P/E 13.9x 25.9x
P/FCF 12.3x 22.2x
P/Operating cash flow 10.1x 15.2x
P/S 0.5x 8.0x
P/B 1.8x 8.6x
P/Tangible book 2.0x -23.6x
EV/EBITDA 9.4x 17.7x
EV/EBIT 12.0x 25.2x
EV/Revenue 0.6x 11.3x
EV/FCF 13.6x 31.2x
EV/Operating cash flow 11.2x 21.4x
PEG (3Y EPS CAGR) 0.28 0.50

Growth

14 metrics
MetricJLLAMT
Revenue growth (1Y) 11.2% 6.6%
Revenue CAGR (3Y) 10.1% 5.4%
Gross profit growth (1Y) – 6.5%
Gross profit CAGR (3Y) – 5.2%
Operating income growth (1Y) 38.9% 4.9%
Operating income CAGR (3Y) 26.9% 20.1%
Net income growth (1Y) 76.7% 164.5%
Net income CAGR (3Y) 47.6% 58.7%
EPS growth (1Y) 82.5% 164.5%
EPS CAGR (3Y) 49.4% 52.1%
Operating cash flow growth (1Y) 80.6% 10.1%
Operating cash flow CAGR (3Y) 73.7% 9.5%
Free cash flow growth (1Y) 99.7% 5.8%
Free cash flow CAGR (3Y) 176.7% 18.2%

Profitability

14 metrics
MetricJLLAMT
Gross margin – 98.5%
EBITDA margin 5.9% 63.7%
Operating margin 4.7% 44.8%
Pretax margin 4.5% 36.0%
Net margin 3.6% 31.1%
FCF margin 4.1% 36.2%
Operating cash flow margin 5.0% 52.8%
Return on equity 13.3% 34.5%
Return on assets 5.6% 5.6%
Return on invested capital 10.6% 9.2%
Return on capital employed 11.9% 9.0%
Asset turnover 1.6x 0.2x
Cash conversion (OCF / net income) 1.4x 1.6x
Stock comp / revenue – 1.5%

Financial Health

11 metrics
MetricJLLAMT
Debt / assets 11.0% 58.8%
Debt / equity 0.3x 3.6x
Net debt / EBITDA 0.9x 5.1x
Debt / FCF 1.7x 9.4x
Liabilities / assets 56.5% 83.8%
Equity / assets 43.5% 16.2%
Interest coverage – 3.5x
Current ratio 1.1x 0.4x
Quick ratio 0.4x 0.3x
Cash ratio 0.1x 0.2x
Altman Z-score 3.31 1.20

Shareholder Returns

7 metrics
MetricJLLAMT
Dividend yield – 3.7%
Net buyback yield 4.1% 0.2%
Shareholder yield 4.1% 3.9%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

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.

ConsensusJLLAMT
Forward P/E 12.5xFY2026 28.0xFY2026
EPS, next fiscal year $24.04FY2026 $6.75FY2026
EPS growth, next FY +27.9%FY2026 +25.0%FY2026
EPS growth, the year after +10.9% -0.3%
Revenue, next fiscal year $30.90BFY2026 $11.51BFY2026
Revenue growth, next FY +18.3%FY2026 +8.2%FY2026
Revenue growth, the year after +3.5% +4.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersJLLAMT
Held by institutions 93.2% 94.4%
Institutions holding 661 1,743
Change in shares held, QoQ +0.2% +2.5%
Institutions buying 317 860
Institutions selling 264 657
Buyers to sellers 1.20 1.31

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.

JLLAMT
JLL 1.00 0.05
AMT 0.05 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, JLL and AMT?

American Tower (AMT) is the largest by market capitalisation: Jones Lang Lasalle (JLL) $13.88B, American Tower (AMT) $87.68B.

Which stock is cheaper, JLL and AMT?

Jones Lang Lasalle (JLL) trades on the lowest price-to-earnings ratio (Jones Lang Lasalle (JLL) 13.9x, American Tower (AMT) 25.8x). On next year's consensus earnings, Jones Lang Lasalle (JLL) is cheapest (Jones Lang Lasalle (JLL) 12.5x, American Tower (AMT) 28.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Jones Lang Lasalle (JLL) grew revenue fastest over the trailing twelve months: Jones Lang Lasalle (JLL) +11.2%, American Tower (AMT) +6.6%.

Which company is more profitable?

American Tower (AMT) has the highest net margin (Jones Lang Lasalle (JLL) 3.6%, American Tower (AMT) 31.1%). On return on invested capital, Jones Lang Lasalle (JLL) leads (Jones Lang Lasalle (JLL) 10.6%, American Tower (AMT) 9.2%).

Which stock has performed better?

Over the past year American Tower (AMT) returned the most: Jones Lang Lasalle (JLL) -5.1%, American Tower (AMT) -0.7%. Over five years, Jones Lang Lasalle (JLL) compounded fastest (Jones Lang Lasalle (JLL) +2.7%/yr, American Tower (AMT) -7.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, American Tower (AMT) has been the steadiest (Jones Lang Lasalle (JLL) 36.0%, American Tower (AMT) 28.5%). Volatility measures how widely the price swings, not the risk of the business.

Do JLL and AMT move together?

Their daily returns over the past year have a correlation of 0.05, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, JLL and AMT?

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 7. 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.