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Side-by-side financial comparison of Ecolab (ECL) and JONES LANG LASALLE INC (JLL). Click either name above to swap in a different company.

JONES LANG LASALLE INC is the larger business by last-quarter revenue ($7.6B vs $4.1B, roughly 1.9× Ecolab). Ecolab runs the higher net margin — 10.6% vs 5.3%, a 5.4% gap on every dollar of revenue. On growth, JONES LANG LASALLE INC posted the faster year-over-year revenue change (11.7% vs 10.0%). Over the past eight quarters, JONES LANG LASALLE INC's revenue compounded faster (21.9% CAGR vs 1.0%).

Ecolab Inc., headquartered in Saint Paul, Minnesota, provides products related to water treatment, sanitation, and hygiene, primarily to commercial and industrial customers.

Jones Lang LaSalle Incorporated (JLL) is a global real estate services company headquartered in Chicago. The company has offices in 80 countries. It offers investment management services worldwide, including services to institutional and retail investors, and to high-net-worth individuals, as well as technology products through JLL Technologies, and venture capital investments through its PropTech fund, JLL Spark. The company is ranked 188 on the Fortune 500.

ECL vs JLL — Head-to-Head

Bigger by revenue
JLL
JLL
1.9× larger
JLL
$7.6B
$4.1B
ECL
Growing faster (revenue YoY)
JLL
JLL
+1.7% gap
JLL
11.7%
10.0%
ECL
Higher net margin
ECL
ECL
5.4% more per $
ECL
10.6%
5.3%
JLL
Faster 2-yr revenue CAGR
JLL
JLL
Annualised
JLL
21.9%
1.0%
ECL

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
ECL
ECL
JLL
JLL
Revenue
$4.1B
$7.6B
Net Profit
$432.6M
$401.8M
Gross Margin
Operating Margin
15.3%
6.7%
Net Margin
10.6%
5.3%
Revenue YoY
10.0%
11.7%
Net Profit YoY
1.3%
66.6%
EPS (diluted)
$1.52
$8.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ECL
ECL
JLL
JLL
Q2 26
$4.1B
Q4 25
$4.2B
$7.6B
Q3 25
$4.2B
$6.5B
Q2 25
$4.0B
$6.3B
Q1 25
$3.7B
$5.7B
Q4 24
$4.0B
$6.8B
Q3 24
$4.0B
$5.9B
Q2 24
$4.0B
$5.6B
Net Profit
ECL
ECL
JLL
JLL
Q2 26
$432.6M
Q4 25
$563.9M
$401.8M
Q3 25
$585.0M
$222.4M
Q2 25
$524.2M
$110.5M
Q1 25
$402.5M
$57.5M
Q4 24
$472.9M
$241.2M
Q3 24
$736.5M
$155.1M
Q2 24
$490.9M
$84.4M
Gross Margin
ECL
ECL
JLL
JLL
Q2 26
Q4 25
44.0%
Q3 25
44.8%
Q2 25
44.8%
Q1 25
44.2%
Q4 24
43.3%
Q3 24
43.4%
Q2 24
43.8%
Operating Margin
ECL
ECL
JLL
JLL
Q2 26
15.3%
Q4 25
17.0%
6.7%
Q3 25
18.3%
4.2%
Q2 25
17.6%
3.2%
Q1 25
15.0%
2.1%
Q4 24
14.6%
5.5%
Q3 24
26.1%
3.9%
Q2 24
16.5%
2.7%
Net Margin
ECL
ECL
JLL
JLL
Q2 26
10.6%
Q4 25
13.4%
5.3%
Q3 25
14.0%
3.4%
Q2 25
13.0%
1.8%
Q1 25
10.9%
1.0%
Q4 24
11.8%
3.5%
Q3 24
18.4%
2.6%
Q2 24
12.3%
1.5%
EPS (diluted)
ECL
ECL
JLL
JLL
Q2 26
$1.52
Q4 25
$1.98
$8.33
Q3 25
$2.05
$4.61
Q2 25
$1.84
$2.32
Q1 25
$1.41
$1.14
Q4 24
$1.65
$4.98
Q3 24
$2.58
$3.20
Q2 24
$1.71
$1.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ECL
ECL
JLL
JLL
Cash + ST InvestmentsLiquidity on hand
$519.8K
$599.1M
Total DebtLower is stronger
$8.5M
Stockholders' EquityBook value
$10.0M
$7.5B
Total Assets
$25.0M
$17.8B
Debt / EquityLower = less leverage
0.85×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECL
ECL
JLL
JLL
Q2 26
$519.8K
Q4 25
$646.2M
$599.1M
Q3 25
$2.0B
$428.9M
Q2 25
$1.9B
$401.4M
Q1 25
$1.2B
$432.4M
Q4 24
$1.3B
$416.3M
Q3 24
$1.3B
$437.8M
Q2 24
$384.0M
$424.4M
Total Debt
ECL
ECL
JLL
JLL
Q2 26
$8.5M
Q4 25
$7.4B
Q3 25
$8.1B
Q2 25
$7.5B
Q1 25
$7.0B
Q4 24
$6.9B
Q3 24
$7.0B
Q2 24
$7.5B
Stockholders' Equity
ECL
ECL
JLL
JLL
Q2 26
$10.0M
Q4 25
$9.8B
$7.5B
Q3 25
$9.7B
$7.2B
Q2 25
$9.3B
$7.0B
Q1 25
$8.9B
$6.8B
Q4 24
$8.8B
$6.8B
Q3 24
$8.5B
$6.6B
Q2 24
$8.3B
$6.4B
Total Assets
ECL
ECL
JLL
JLL
Q2 26
$25.0M
Q4 25
$24.7B
$17.8B
Q3 25
$23.9B
$17.2B
Q2 25
$23.7B
$17.3B
Q1 25
$22.4B
$16.6B
Q4 24
$22.4B
$16.8B
Q3 24
$22.1B
$17.8B
Q2 24
$21.5B
$15.9B
Debt / Equity
ECL
ECL
JLL
JLL
Q2 26
0.85×
Q4 25
0.75×
Q3 25
0.83×
Q2 25
0.81×
Q1 25
0.79×
Q4 24
0.79×
Q3 24
0.82×
Q2 24
0.91×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ECL
ECL
JLL
JLL
Operating Cash FlowLast quarter
$1.0B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.52×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECL
ECL
JLL
JLL
Q2 26
Q4 25
$1.1B
$1.0B
Q3 25
$791.3M
$617.1M
Q2 25
$701.8M
$332.8M
Q1 25
$369.4M
$-767.6M
Q4 24
$766.7M
$927.3M
Q3 24
$786.7M
$261.6M
Q2 24
$611.1M
$273.9M
Free Cash Flow
ECL
ECL
JLL
JLL
Q2 26
Q4 25
$758.0M
Q3 25
$529.7M
Q2 25
$485.1M
Q1 25
$131.5M
Q4 24
$407.0M
Q3 24
$550.3M
Q2 24
$414.2M
FCF Margin
ECL
ECL
JLL
JLL
Q2 26
Q4 25
18.1%
Q3 25
12.7%
Q2 25
12.1%
Q1 25
3.6%
Q4 24
10.2%
Q3 24
13.8%
Q2 24
10.4%
Capex Intensity
ECL
ECL
JLL
JLL
Q2 26
Q4 25
7.9%
Q3 25
6.3%
Q2 25
5.4%
Q1 25
6.4%
Q4 24
9.0%
Q3 24
5.9%
Q2 24
4.9%
Cash Conversion
ECL
ECL
JLL
JLL
Q2 26
Q4 25
1.93×
2.52×
Q3 25
1.35×
2.77×
Q2 25
1.34×
3.01×
Q1 25
0.92×
-13.35×
Q4 24
1.62×
3.84×
Q3 24
1.07×
1.69×
Q2 24
1.24×
3.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ECL
ECL

Product and equipment sales$3.2B78%
Service and lease sales$891.5M22%

JLL
JLL

Workplace Management$3.8B50%
Project Management$1.1B15%
Leasing Advisory$1.0B13%
Leasing$964.9M13%
Property Management$480.2M6%
Portfolio Services And Other$152.1M2%
Advisory Fees$98.1M1%
Loan Servicing$42.2M1%
Transaction Fees Other$16.4M0%

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