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Side-by-side financial comparison of International Paper (IP) 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 $4.7B, roughly 1.6× International Paper). JONES LANG LASALLE INC runs the higher net margin — 5.3% vs -50.3%, a 55.5% gap on every dollar of revenue. On growth, JONES LANG LASALLE INC posted the faster year-over-year revenue change (11.7% vs 3.6%). Over the past eight quarters, JONES LANG LASALLE INC's revenue compounded faster (21.9% CAGR vs 1.3%).

The International Paper Company is an American pulp and paper company, the largest such company in the world. It has approximately 39,000 employees, and is headquartered in Memphis, Tennessee.

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.

IP vs JLL — Head-to-Head

Bigger by revenue
JLL
JLL
1.6× larger
JLL
$7.6B
$4.7B
IP
Growing faster (revenue YoY)
JLL
JLL
+8.1% gap
JLL
11.7%
3.6%
IP
Higher net margin
JLL
JLL
55.5% more per $
JLL
5.3%
-50.3%
IP
Faster 2-yr revenue CAGR
JLL
JLL
Annualised
JLL
21.9%
1.3%
IP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IP
IP
JLL
JLL
Revenue
$4.7B
$7.6B
Net Profit
$-2.4B
$401.8M
Gross Margin
32.2%
Operating Margin
-56.4%
6.7%
Net Margin
-50.3%
5.3%
Revenue YoY
3.6%
11.7%
Net Profit YoY
-1521.8%
66.6%
EPS (diluted)
$-4.76
$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
IP
IP
JLL
JLL
Q4 25
$4.7B
$7.6B
Q3 25
$6.2B
$6.5B
Q2 25
$6.8B
$6.3B
Q1 25
$5.9B
$5.7B
Q4 24
$4.6B
$6.8B
Q3 24
$4.7B
$5.9B
Q2 24
$4.7B
$5.6B
Q1 24
$4.6B
$5.1B
Net Profit
IP
IP
JLL
JLL
Q4 25
$-2.4B
$401.8M
Q3 25
$-1.1B
$222.4M
Q2 25
$75.0M
$110.5M
Q1 25
$-105.0M
$57.5M
Q4 24
$-147.0M
$241.2M
Q3 24
$150.0M
$155.1M
Q2 24
$498.0M
$84.4M
Q1 24
$56.0M
$66.1M
Gross Margin
IP
IP
JLL
JLL
Q4 25
32.2%
Q3 25
31.1%
Q2 25
27.9%
Q1 25
27.8%
Q4 24
29.0%
Q3 24
28.7%
Q2 24
29.0%
Q1 24
25.9%
Operating Margin
IP
IP
JLL
JLL
Q4 25
-56.4%
6.7%
Q3 25
-10.8%
4.2%
Q2 25
1.7%
3.2%
Q1 25
-2.3%
2.1%
Q4 24
-4.9%
5.5%
Q3 24
5.1%
3.9%
Q2 24
6.8%
2.7%
Q1 24
3.7%
2.2%
Net Margin
IP
IP
JLL
JLL
Q4 25
-50.3%
5.3%
Q3 25
-17.7%
3.4%
Q2 25
1.1%
1.8%
Q1 25
-1.8%
1.0%
Q4 24
-3.2%
3.5%
Q3 24
3.2%
2.6%
Q2 24
10.5%
1.5%
Q1 24
1.2%
1.3%
EPS (diluted)
IP
IP
JLL
JLL
Q4 25
$-4.76
$8.33
Q3 25
$-2.09
$4.61
Q2 25
$0.14
$2.32
Q1 25
$-0.24
$1.14
Q4 24
$-0.42
$4.98
Q3 24
$0.42
$3.20
Q2 24
$1.41
$1.75
Q1 24
$0.16
$1.37

Balance Sheet & Financial Strength

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

Metric
IP
IP
JLL
JLL
Cash + ST InvestmentsLiquidity on hand
$1.1B
$599.1M
Total DebtLower is stronger
$8.8B
Stockholders' EquityBook value
$14.8B
$7.5B
Total Assets
$38.0B
$17.8B
Debt / EquityLower = less leverage
0.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IP
IP
JLL
JLL
Q4 25
$1.1B
$599.1M
Q3 25
$995.0M
$428.9M
Q2 25
$1.1B
$401.4M
Q1 25
$1.2B
$432.4M
Q4 24
$1.2B
$416.3M
Q3 24
$1.2B
$437.8M
Q2 24
$1.0B
$424.4M
Q1 24
$1.1B
$396.7M
Total Debt
IP
IP
JLL
JLL
Q4 25
$8.8B
Q3 25
$9.0B
Q2 25
$9.7B
Q1 25
$9.2B
Q4 24
$5.4B
Q3 24
$5.3B
Q2 24
$5.3B
Q1 24
$5.5B
Stockholders' Equity
IP
IP
JLL
JLL
Q4 25
$14.8B
$7.5B
Q3 25
$17.3B
$7.2B
Q2 25
$18.6B
$7.0B
Q1 25
$18.1B
$6.8B
Q4 24
$8.2B
$6.8B
Q3 24
$8.6B
$6.6B
Q2 24
$8.6B
$6.4B
Q1 24
$8.3B
$6.3B
Total Assets
IP
IP
JLL
JLL
Q4 25
$38.0B
$17.8B
Q3 25
$40.6B
$17.2B
Q2 25
$42.4B
$17.3B
Q1 25
$41.2B
$16.6B
Q4 24
$22.8B
$16.8B
Q3 24
$23.2B
$17.8B
Q2 24
$23.1B
$15.9B
Q1 24
$23.0B
$15.5B
Debt / Equity
IP
IP
JLL
JLL
Q4 25
0.60×
Q3 25
0.52×
Q2 25
0.52×
Q1 25
0.51×
Q4 24
0.66×
Q3 24
0.62×
Q2 24
0.62×
Q1 24
0.66×

Cash Flow & Capital Efficiency

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

Metric
IP
IP
JLL
JLL
Operating Cash FlowLast quarter
$905.0M
$1.0B
Free Cash FlowOCF − Capex
$255.0M
FCF MarginFCF / Revenue
5.4%
Capex IntensityCapex / Revenue
13.7%
Cash ConversionOCF / Net Profit
2.52×
TTM Free Cash FlowTrailing 4 quarters
$-159.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IP
IP
JLL
JLL
Q4 25
$905.0M
$1.0B
Q3 25
$605.0M
$617.1M
Q2 25
$476.0M
$332.8M
Q1 25
$-288.0M
$-767.6M
Q4 24
$397.0M
$927.3M
Q3 24
$521.0M
$261.6M
Q2 24
$365.0M
$273.9M
Q1 24
$395.0M
$-677.5M
Free Cash Flow
IP
IP
JLL
JLL
Q4 25
$255.0M
Q3 25
$150.0M
Q2 25
$54.0M
Q1 25
$-618.0M
Q4 24
$137.0M
Q3 24
$309.0M
Q2 24
$167.0M
Q1 24
$144.0M
FCF Margin
IP
IP
JLL
JLL
Q4 25
5.4%
Q3 25
2.4%
Q2 25
0.8%
Q1 25
-10.5%
Q4 24
3.0%
Q3 24
6.6%
Q2 24
3.5%
Q1 24
3.1%
Capex Intensity
IP
IP
JLL
JLL
Q4 25
13.7%
Q3 25
7.3%
Q2 25
6.2%
Q1 25
5.6%
Q4 24
5.7%
Q3 24
4.5%
Q2 24
4.2%
Q1 24
5.4%
Cash Conversion
IP
IP
JLL
JLL
Q4 25
2.52×
Q3 25
2.77×
Q2 25
6.35×
3.01×
Q1 25
-13.35×
Q4 24
3.84×
Q3 24
3.47×
1.69×
Q2 24
0.73×
3.25×
Q1 24
7.05×
-10.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IP
IP

Other$2.4B52%
DS Smith Packaging$2.3B48%

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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