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Side-by-side financial comparison of JONES LANG LASALLE INC (JLL) and NEWMARK GROUP, INC. (NMRK). 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 $859.5M, roughly 8.9× NEWMARK GROUP, INC.). NEWMARK GROUP, INC. runs the higher net margin — 7.9% vs 5.3%, a 2.6% gap on every dollar of revenue. On growth, NEWMARK GROUP, INC. posted the faster year-over-year revenue change (18.1% vs 11.7%). Over the past eight quarters, NEWMARK GROUP, INC.'s revenue compounded faster (38.2% CAGR vs 21.9%).
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.
Newmark Group Inc. is a global commercial real estate advisory and services firm headquartered in New York City. It operates as Newmark, and is listed on the NASDAQ Global Select Market under the symbol "NMRK".
JLL vs NMRK — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $7.6B | $859.5M |
| Net Profit | $401.8M | $68.0M |
| Gross Margin | — | — |
| Operating Margin | 6.7% | 14.4% |
| Net Margin | 5.3% | 7.9% |
| Revenue YoY | 11.7% | 18.1% |
| Net Profit YoY | 66.6% | 49.7% |
| EPS (diluted) | $8.33 | $0.37 |
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.
| Q4 25 | $7.6B | $859.5M | ||
| Q3 25 | $6.5B | $715.0M | ||
| Q2 25 | $6.3B | $639.6M | ||
| Q1 25 | $5.7B | $556.2M | ||
| Q4 24 | $6.8B | $727.5M | ||
| Q3 24 | $5.9B | $568.0M | ||
| Q2 24 | $5.6B | $527.3M | ||
| Q1 24 | $5.1B | $450.2M |
| Q4 25 | $401.8M | $68.0M | ||
| Q3 25 | $222.4M | $46.2M | ||
| Q2 25 | $110.5M | $20.8M | ||
| Q1 25 | $57.5M | $-8.8M | ||
| Q4 24 | $241.2M | $45.4M | ||
| Q3 24 | $155.1M | $17.8M | ||
| Q2 24 | $84.4M | $14.3M | ||
| Q1 24 | $66.1M | $-16.3M |
| Q4 25 | 6.7% | 14.4% | ||
| Q3 25 | 4.2% | 11.9% | ||
| Q2 25 | 3.2% | 6.7% | ||
| Q1 25 | 2.1% | -3.1% | ||
| Q4 24 | 5.5% | 14.3% | ||
| Q3 24 | 3.9% | 7.2% | ||
| Q2 24 | 2.7% | 7.7% | ||
| Q1 24 | 2.2% | -5.0% |
| Q4 25 | 5.3% | 7.9% | ||
| Q3 25 | 3.4% | 6.5% | ||
| Q2 25 | 1.8% | 3.3% | ||
| Q1 25 | 1.0% | -1.6% | ||
| Q4 24 | 3.5% | 6.2% | ||
| Q3 24 | 2.6% | 3.1% | ||
| Q2 24 | 1.5% | 2.7% | ||
| Q1 24 | 1.3% | -3.6% |
| Q4 25 | $8.33 | $0.37 | ||
| Q3 25 | $4.61 | $0.25 | ||
| Q2 25 | $2.32 | $0.11 | ||
| Q1 25 | $1.14 | $-0.05 | ||
| Q4 24 | $4.98 | $0.25 | ||
| Q3 24 | $3.20 | $0.10 | ||
| Q2 24 | $1.75 | $0.08 | ||
| Q1 24 | $1.37 | $-0.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $599.1M | $229.1M |
| Total DebtLower is stronger | — | $671.7M |
| Stockholders' EquityBook value | $7.5B | $1.5B |
| Total Assets | $17.8B | $5.0B |
| Debt / EquityLower = less leverage | — | 0.46× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $599.1M | $229.1M | ||
| Q3 25 | $428.9M | $224.1M | ||
| Q2 25 | $401.4M | $195.8M | ||
| Q1 25 | $432.4M | $157.1M | ||
| Q4 24 | $416.3M | $197.7M | ||
| Q3 24 | $437.8M | $178.6M | ||
| Q2 24 | $424.4M | $176.4M | ||
| Q1 24 | $396.7M | $140.9M |
| Q4 25 | — | $671.7M | ||
| Q3 25 | — | $746.5M | ||
| Q2 25 | — | $871.2M | ||
| Q1 25 | — | $770.9M | ||
| Q4 24 | — | $670.7M | ||
| Q3 24 | — | $770.4M | ||
| Q2 24 | — | $745.2M | ||
| Q1 24 | — | $670.2M |
| Q4 25 | $7.5B | $1.5B | ||
| Q3 25 | $7.2B | $1.4B | ||
| Q2 25 | $7.0B | $1.3B | ||
| Q1 25 | $6.8B | $1.3B | ||
| Q4 24 | $6.8B | $1.2B | ||
| Q3 24 | $6.6B | $1.2B | ||
| Q2 24 | $6.4B | $1.2B | ||
| Q1 24 | $6.3B | $1.2B |
| Q4 25 | $17.8B | $5.0B | ||
| Q3 25 | $17.2B | $5.5B | ||
| Q2 25 | $17.3B | $5.4B | ||
| Q1 25 | $16.6B | $4.8B | ||
| Q4 24 | $16.8B | $4.7B | ||
| Q3 24 | $17.8B | $5.0B | ||
| Q2 24 | $15.9B | $4.8B | ||
| Q1 24 | $15.5B | $4.4B |
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.55× | ||
| Q2 25 | — | 0.68× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 0.56× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.62× | ||
| Q1 24 | — | 0.54× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.0B | $618.5M |
| Free Cash FlowOCF − Capex | — | $608.8M |
| FCF MarginFCF / Revenue | — | 70.8% |
| Capex IntensityCapex / Revenue | — | 1.1% |
| Cash ConversionOCF / Net Profit | 2.52× | 9.10× |
| TTM Free Cash FlowTrailing 4 quarters | — | $142.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.0B | $618.5M | ||
| Q3 25 | $617.1M | $112.6M | ||
| Q2 25 | $332.8M | $-379.7M | ||
| Q1 25 | $-767.6M | $-179.4M | ||
| Q4 24 | $927.3M | $402.6M | ||
| Q3 24 | $261.6M | $-85.2M | ||
| Q2 24 | $273.9M | $-258.5M | ||
| Q1 24 | $-677.5M | $-68.8M |
| Q4 25 | — | $608.8M | ||
| Q3 25 | — | $104.9M | ||
| Q2 25 | — | $-386.2M | ||
| Q1 25 | — | $-184.8M | ||
| Q4 24 | — | $396.6M | ||
| Q3 24 | — | $-94.4M | ||
| Q2 24 | — | $-267.8M | ||
| Q1 24 | — | $-75.8M |
| Q4 25 | — | 70.8% | ||
| Q3 25 | — | 14.7% | ||
| Q2 25 | — | -60.4% | ||
| Q1 25 | — | -33.2% | ||
| Q4 24 | — | 54.5% | ||
| Q3 24 | — | -16.6% | ||
| Q2 24 | — | -50.8% | ||
| Q1 24 | — | -16.8% |
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 0.8% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | — | 1.8% | ||
| Q1 24 | — | 1.6% |
| Q4 25 | 2.52× | 9.10× | ||
| Q3 25 | 2.77× | 2.44× | ||
| Q2 25 | 3.01× | -18.24× | ||
| Q1 25 | -13.35× | — | ||
| Q4 24 | 3.84× | 8.86× | ||
| Q3 24 | 1.69× | -4.79× | ||
| Q2 24 | 3.25× | -18.10× | ||
| Q1 24 | -10.25× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
JLL
| Workplace Management | $3.8B | 50% |
| Project Management | $1.1B | 15% |
| Leasing Advisory | $1.0B | 13% |
| Leasing | $964.9M | 13% |
| Property Management | $480.2M | 6% |
| Portfolio Services And Other | $152.1M | 2% |
| Advisory Fees | $98.1M | 1% |
| Loan Servicing | $42.2M | 1% |
| Transaction Fees Other | $16.4M | 0% |
NMRK
| Management Services | $263.1M | 31% |
| Investment Advice | $200.1M | 23% |
| Mortgage Brokerage And Debt Placement | $83.1M | 10% |
| Servicing Fees And Other | $80.7M | 9% |
| GB | $69.0M | 8% |
| Other Geographical Areas | $63.6M | 7% |
| Servicing | $36.2M | 4% |
| Other | $34.2M | 4% |
| Loan Originations Related Fees And Sales Premiums Net | $29.6M | 3% |
