Jones Lang Lasalle (JLL) Operating Expenses (2009 - 2026)
Jones Lang Lasalle (JLL) recorded Operating Expenses of $6.64 billion in Q2 2026, up 9.7% from $6.05 billion a year earlier and up 7.4% from the prior quarter.
Jones Lang Lasalle (JLL) Operating Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Jones Lang Lasalle's Operating Expenses came in at $26.16 billion as of Jun 30, 2026, up 10.1% year-over-year; for FY2025, it came in at $25.02 billion, up 10.9% from FY2024.
- Annual Operating Expenses has increased for five straight years, with a five-year compound annual growth rate of 9.3% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $22.56 billion in FY2024 (+11.8%), $20.18 billion in FY2023 (+1.0%), $19.99 billion in FY2022 (+9.1%) and $18.32 billion in FY2021 (+14.3%).
- Quarterly Operating Expenses has ranged from $4.6 billion in Q3 2021 to $7.1 billion in Q4 2025 over the past five years.
- On a year-over-year basis, Operating Expenses has increased for 12 consecutive quarters, with growth averaging 11.4% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 21.8% in Q4 2021, against a decline of 2.8% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $6.18 billion (Q1 2026), $7.1 billion (Q4 2025) and $6.24 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | KE Holdings | 38.10 Bn | 18.80 Bn | 1.03 Bn | -587.69 Mn |
| 2 | Cbre | 37.79 Bn | 31.56 Bn | 2.09 Bn | - |
| 3 | Jones Lang Lasalle | 14.45 Bn | 12.66 Bn | - | 6.64 Bn |
| 4 | Compass | 6.85 Bn | 5.32 Bn | - | 4.18 Bn |
| 5 | Colliers International | 4.59 Bn | 3.67 Bn | 635.11 Mn | 485.10 Mn |
| 6 | Cushman & Wakefield | 2.78 Bn | 264.20 Mn | 512.00 Mn | 2.63 Bn |
| 7 | Newmark | 1.99 Bn | 1.37 Bn | - | 848.02 Mn |
| 8 | Marcus & Millichap | 1.10 Bn | 194.81 Mn | - | 200.70 Mn |
| 9 | Rmr | 593.80 Mn | 518.26 Mn | - | 162.79 Mn |
| 10 | Agnt | 586.58 Mn | 116.27 Mn | 98.80 Mn | 97.16 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.64 Bn |
| Mar 31, 2026 | 6.18 Bn |
| Dec 31, 2025 | 7.10 Bn |
| Sep 30, 2025 | 6.24 Bn |
| Jun 30, 2025 | 6.05 Bn |
| Mar 31, 2025 | 5.63 Bn |
| Dec 31, 2024 | 6.44 Bn |
| Sep 30, 2024 | 5.64 Bn |
| Jun 30, 2024 | 5.48 Bn |
| Mar 31, 2024 | 5.01 Bn |
| Dec 31, 2023 | 5.59 Bn |
| Sep 30, 2023 | 4.99 Bn |
| Jun 30, 2023 | 4.90 Bn |
| Mar 31, 2023 | 4.70 Bn |
| Dec 31, 2022 | 5.35 Bn |
| Sep 30, 2022 | 4.97 Bn |
| Jun 30, 2022 | 5.04 Bn |
| Mar 31, 2022 | 4.63 Bn |
| Dec 31, 2021 | 5.50 Bn |
| Sep 30, 2021 | 4.60 Bn |
Jones Lang Lasalle Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=JLL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "JLL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=JLL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();