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Side-by-side financial comparison of JONES LANG LASALLE INC (JLL) and Opendoor Technologies Inc. (OPEN). 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 $736.0M, roughly 10.3× Opendoor Technologies Inc.). JONES LANG LASALLE INC runs the higher net margin — 5.3% vs -148.9%, a 154.2% gap on every dollar of revenue. On growth, JONES LANG LASALLE INC posted the faster year-over-year revenue change (11.7% vs -32.1%). Over the past eight quarters, JONES LANG LASALLE INC's revenue compounded faster (21.9% CAGR vs -21.1%).

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.

Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and re-lists them for sale. It also provides mobile application-based home buying services along with financing. As of November 2021, the company operates in 44 markets in the US.

JLL vs OPEN — Head-to-Head

Bigger by revenue
JLL
JLL
10.3× larger
JLL
$7.6B
$736.0M
OPEN
Growing faster (revenue YoY)
JLL
JLL
+43.8% gap
JLL
11.7%
-32.1%
OPEN
Higher net margin
JLL
JLL
154.2% more per $
JLL
5.3%
-148.9%
OPEN
Faster 2-yr revenue CAGR
JLL
JLL
Annualised
JLL
21.9%
-21.1%
OPEN

Income Statement — Q4 2025 vs Q4 2025

Metric
JLL
JLL
OPEN
OPEN
Revenue
$7.6B
$736.0M
Net Profit
$401.8M
$-1.1B
Gross Margin
7.7%
Operating Margin
6.7%
-20.4%
Net Margin
5.3%
-148.9%
Revenue YoY
11.7%
-32.1%
Net Profit YoY
66.6%
-869.9%
EPS (diluted)
$8.33
$-1.42

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
JLL
JLL
OPEN
OPEN
Q4 25
$7.6B
$736.0M
Q3 25
$6.5B
$915.0M
Q2 25
$6.3B
$1.6B
Q1 25
$5.7B
$1.2B
Q4 24
$6.8B
$1.1B
Q3 24
$5.9B
$1.4B
Q2 24
$5.6B
$1.5B
Q1 24
$5.1B
$1.2B
Net Profit
JLL
JLL
OPEN
OPEN
Q4 25
$401.8M
$-1.1B
Q3 25
$222.4M
$-90.0M
Q2 25
$110.5M
$-29.0M
Q1 25
$57.5M
$-85.0M
Q4 24
$241.2M
$-113.0M
Q3 24
$155.1M
$-78.0M
Q2 24
$84.4M
$-92.0M
Q1 24
$66.1M
$-109.0M
Gross Margin
JLL
JLL
OPEN
OPEN
Q4 25
7.7%
Q3 25
7.2%
Q2 25
8.2%
Q1 25
8.6%
Q4 24
7.8%
Q3 24
7.6%
Q2 24
8.5%
Q1 24
9.7%
Operating Margin
JLL
JLL
OPEN
OPEN
Q4 25
6.7%
-20.4%
Q3 25
4.2%
-7.4%
Q2 25
3.2%
-0.8%
Q1 25
2.1%
-4.9%
Q4 24
5.5%
-8.7%
Q3 24
3.9%
-4.9%
Q2 24
2.7%
-4.8%
Q1 24
2.2%
-7.4%
Net Margin
JLL
JLL
OPEN
OPEN
Q4 25
5.3%
-148.9%
Q3 25
3.4%
-9.8%
Q2 25
1.8%
-1.9%
Q1 25
1.0%
-7.4%
Q4 24
3.5%
-10.4%
Q3 24
2.6%
-5.7%
Q2 24
1.5%
-6.1%
Q1 24
1.3%
-9.2%
EPS (diluted)
JLL
JLL
OPEN
OPEN
Q4 25
$8.33
$-1.42
Q3 25
$4.61
$-0.12
Q2 25
$2.32
$-0.04
Q1 25
$1.14
$-0.12
Q4 24
$4.98
$-0.16
Q3 24
$3.20
$-0.11
Q2 24
$1.75
$-0.13
Q1 24
$1.37
$-0.16

Balance Sheet & Financial Strength

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

Metric
JLL
JLL
OPEN
OPEN
Cash + ST InvestmentsLiquidity on hand
$599.1M
$962.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.5B
$1.0B
Total Assets
$17.8B
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JLL
JLL
OPEN
OPEN
Q4 25
$599.1M
$962.0M
Q3 25
$428.9M
$962.0M
Q2 25
$401.4M
$789.0M
Q1 25
$432.4M
$559.0M
Q4 24
$416.3M
$679.0M
Q3 24
$437.8M
$837.0M
Q2 24
$424.4M
$809.0M
Q1 24
$396.7M
$990.0M
Stockholders' Equity
JLL
JLL
OPEN
OPEN
Q4 25
$7.5B
$1.0B
Q3 25
$7.2B
$811.0M
Q2 25
$7.0B
$631.0M
Q1 25
$6.8B
$645.0M
Q4 24
$6.8B
$713.0M
Q3 24
$6.6B
$801.0M
Q2 24
$6.4B
$845.0M
Q1 24
$6.3B
$899.0M
Total Assets
JLL
JLL
OPEN
OPEN
Q4 25
$17.8B
$2.4B
Q3 25
$17.2B
$2.7B
Q2 25
$17.3B
$2.9B
Q1 25
$16.6B
$3.3B
Q4 24
$16.8B
$3.1B
Q3 24
$17.8B
$3.4B
Q2 24
$15.9B
$3.4B
Q1 24
$15.5B
$3.4B

Cash Flow & Capital Efficiency

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

Metric
JLL
JLL
OPEN
OPEN
Operating Cash FlowLast quarter
$1.0B
$70.0M
Free Cash FlowOCF − Capex
$67.0M
FCF MarginFCF / Revenue
9.1%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
2.52×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JLL
JLL
OPEN
OPEN
Q4 25
$1.0B
$70.0M
Q3 25
$617.1M
$435.0M
Q2 25
$332.8M
$823.0M
Q1 25
$-767.6M
$-279.0M
Q4 24
$927.3M
$-80.0M
Q3 24
$261.6M
$62.0M
Q2 24
$273.9M
$-399.0M
Q1 24
$-677.5M
$-178.0M
Free Cash Flow
JLL
JLL
OPEN
OPEN
Q4 25
$67.0M
Q3 25
$432.0M
Q2 25
$821.0M
Q1 25
$-283.0M
Q4 24
$-83.0M
Q3 24
$56.0M
Q2 24
$-407.0M
Q1 24
$-186.0M
FCF Margin
JLL
JLL
OPEN
OPEN
Q4 25
9.1%
Q3 25
47.2%
Q2 25
52.4%
Q1 25
-24.5%
Q4 24
-7.7%
Q3 24
4.1%
Q2 24
-26.9%
Q1 24
-15.7%
Capex Intensity
JLL
JLL
OPEN
OPEN
Q4 25
0.4%
Q3 25
0.3%
Q2 25
0.1%
Q1 25
0.3%
Q4 24
0.3%
Q3 24
0.4%
Q2 24
0.5%
Q1 24
0.7%
Cash Conversion
JLL
JLL
OPEN
OPEN
Q4 25
2.52×
Q3 25
2.77×
Q2 25
3.01×
Q1 25
-13.35×
Q4 24
3.84×
Q3 24
1.69×
Q2 24
3.25×
Q1 24
-10.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

OPEN
OPEN

Segment breakdown not available.

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