JLL delivered a robust third quarter in 2025, marked by its sixth consecutive quarter of double-digit revenue growth, reaching $6.5 billion. Diluted earnings per share surged by 45% to $4.61, and adjusted diluted earnings per share increased by 29% to $4.50. The company saw accelerated transactional revenue growth and sustained momentum in its resilient businesses, leading to improved profitability and strong free cash flow generation.
Third-quarter revenue increased by 10% in local currency to $6.5 billion, driven by both transactional and resilient revenues.
Diluted earnings per share rose by 45% to $4.61, and adjusted diluted earnings per share increased by 29% to $4.50.
Adjusted EBITDA grew by 16% in local currency to $347.3 million, reflecting enhanced platform leverage and cost discipline.
Free Cash Flow significantly improved to $567.6 million for the quarter, demonstrating strong cash generation.
JLL anticipates continued momentum into the fourth quarter of 2025 and has raised the mid-point of its full-year Adjusted EBITDA target, driven by strong alignment of data, technology, and AI capabilities with core businesses.