JLL Q4 2021 Earnings Report
Key Takeaways
JLL reported record fourth-quarter revenue of $5.9 billion and fee revenue of $2.8 billion. Diluted earnings per share were $8.16, and adjusted diluted earnings per share were $8.66. The company's performance was led by Leasing and Capital Markets, with significant free cash flow generation.
Consolidated fourth-quarter revenue increased 23% and fee revenue increased 42%.
Leasing and Capital Markets led Real Estate Services fee revenue growth, up 68% and 62%, respectively.
Americas achieved a 56% increase in fee revenue.
Strong incentive and advisory fee performance drove over 50% fee revenue growth for LaSalle.
JLL
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JLL Revenue by Segment
Forward Guidance
JLL is well-positioned to seize opportunities across the commercial real estate sector and continue to generate long-term value for stakeholders.
Revenue & Expenses
Visualization of income flow from segment revenue to net income