Strong Revenue Growth
Revenue in the fourth quarter grew double digits, driven by an acceleration in transactional activity and sustained growth in resilient revenues. Notably, adjusted EBITDA grew 20% in the fourth quarter, and adjusted EPS grew 17%.
Market Share Gains and Profitability
JLL reported market share gains alongside an improving real estate cycle, with adjusted EBITDA and adjusted EPS growing by 28% and 38% for the full year, respectively.
AI and Technology Investments
JLL announced the consolidation of its AI capabilities into JLL Partners, including JLL GPT and JLL Azara, to enhance client service and operational efficiency.
Investor Confidence and Capital Markets
Capital markets segments saw an acceleration in investment sales, debt and equity advisory revenue due to improved investor sentiment and greater interest rate stability, leading to 35% growth in investment sales revenue.
Strong Balance Sheet and Liquidity
JLL reported strong free cash flow generation, enabling reinvestment in the business, leverage reduction, and capital return to shareholders.