vs

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

JONES LANG LASALLE INC is the larger business by last-quarter revenue ($6.4B vs $750.8M, roughly 8.5× Principal Financial Group). JONES LANG LASALLE INC runs the higher net margin — 2.5% vs 0.3%, a 2.2% gap on every dollar of revenue. On growth, JONES LANG LASALLE INC posted the faster year-over-year revenue change (11.1% vs 4.0%). Over the past eight quarters, JONES LANG LASALLE INC's revenue compounded faster (6.5% CAGR vs -58.3%).

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.

Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.

JLL vs PFG — Head-to-Head

Bigger by revenue
JLL
JLL
8.5× larger
JLL
$6.4B
$750.8M
PFG
Growing faster (revenue YoY)
JLL
JLL
+7.1% gap
JLL
11.1%
4.0%
PFG
Higher net margin
JLL
JLL
2.2% more per $
JLL
2.5%
0.3%
PFG
Faster 2-yr revenue CAGR
JLL
JLL
Annualised
JLL
6.5%
-58.3%
PFG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
JLL
JLL
PFG
PFG
Revenue
$6.4B
$750.8M
Net Profit
$159.0M
$1.9M
Gross Margin
Operating Margin
3.2%
Net Margin
2.5%
0.3%
Revenue YoY
11.1%
4.0%
Net Profit YoY
783.0%
EPS (diluted)
$3.33

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
JLL
JLL
PFG
PFG
Q1 26
$6.4B
$750.8M
Q4 25
$7.6B
$4.6B
Q3 25
$6.5B
$3.7B
Q2 25
$6.3B
$3.7B
Q1 25
$5.7B
$3.7B
Q4 24
$6.8B
$4.8B
Q3 24
$5.9B
$3.0B
Q2 24
$5.6B
$4.3B
Net Profit
JLL
JLL
PFG
PFG
Q1 26
$159.0M
$1.9M
Q4 25
$401.8M
$517.0M
Q3 25
$222.4M
$213.8M
Q2 25
$110.5M
$406.2M
Q1 25
$57.5M
$48.1M
Q4 24
$241.2M
$905.4M
Q3 24
$155.1M
$-220.0M
Q2 24
$84.4M
$353.1M
Operating Margin
JLL
JLL
PFG
PFG
Q1 26
3.2%
Q4 25
6.7%
Q3 25
4.2%
Q2 25
3.2%
Q1 25
2.1%
Q4 24
5.5%
Q3 24
3.9%
Q2 24
2.7%
Net Margin
JLL
JLL
PFG
PFG
Q1 26
2.5%
0.3%
Q4 25
5.3%
11.3%
Q3 25
3.4%
5.8%
Q2 25
1.8%
11.1%
Q1 25
1.0%
1.3%
Q4 24
3.5%
19.1%
Q3 24
2.6%
-7.3%
Q2 24
1.5%
8.2%
EPS (diluted)
JLL
JLL
PFG
PFG
Q1 26
$3.33
Q4 25
$8.33
$2.30
Q3 25
$4.61
$0.95
Q2 25
$2.32
$1.79
Q1 25
$1.14
$0.21
Q4 24
$4.98
$3.92
Q3 24
$3.20
$-0.95
Q2 24
$1.75
$1.49

Balance Sheet & Financial Strength

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

Metric
JLL
JLL
PFG
PFG
Cash + ST InvestmentsLiquidity on hand
$436.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.4B
Total Assets
$17.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JLL
JLL
PFG
PFG
Q1 26
$436.2M
Q4 25
$599.1M
$4.4B
Q3 25
$428.9M
$5.1B
Q2 25
$401.4M
$3.7B
Q1 25
$432.4M
$3.9B
Q4 24
$416.3M
$4.2B
Q3 24
$437.8M
$6.2B
Q2 24
$424.4M
$4.8B
Total Debt
JLL
JLL
PFG
PFG
Q1 26
Q4 25
$3.9B
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$4.3B
Q4 24
$4.0B
Q3 24
$3.9B
Q2 24
$3.9B
Stockholders' Equity
JLL
JLL
PFG
PFG
Q1 26
$7.4B
Q4 25
$7.5B
$11.9B
Q3 25
$7.2B
$11.7B
Q2 25
$7.0B
$11.4B
Q1 25
$6.8B
$11.2B
Q4 24
$6.8B
$11.1B
Q3 24
$6.6B
$11.2B
Q2 24
$6.4B
$11.0B
Total Assets
JLL
JLL
PFG
PFG
Q1 26
$17.9B
Q4 25
$17.8B
$341.4B
Q3 25
$17.2B
$334.5B
Q2 25
$17.3B
$323.1B
Q1 25
$16.6B
$313.0B
Q4 24
$16.8B
$313.7B
Q3 24
$17.8B
$322.9B
Q2 24
$15.9B
$308.8B
Debt / Equity
JLL
JLL
PFG
PFG
Q1 26
Q4 25
0.33×
Q3 25
0.34×
Q2 25
0.34×
Q1 25
0.39×
Q4 24
0.36×
Q3 24
0.35×
Q2 24
0.36×

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
PFG
PFG
Operating Cash FlowLast quarter
$-17.7M
Free Cash FlowOCF − Capex
$-819.9M
FCF MarginFCF / Revenue
-12.8%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.11×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JLL
JLL
PFG
PFG
Q1 26
$-17.7M
Q4 25
$1.0B
$1.7B
Q3 25
$617.1M
$1.0B
Q2 25
$332.8M
$811.9M
Q1 25
$-767.6M
$977.3M
Q4 24
$927.3M
$1.5B
Q3 24
$261.6M
$1.1B
Q2 24
$273.9M
$1.4B
Free Cash Flow
JLL
JLL
PFG
PFG
Q1 26
$-819.9M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
JLL
JLL
PFG
PFG
Q1 26
-12.8%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
JLL
JLL
PFG
PFG
Q1 26
-0.11×
Q4 25
2.52×
3.37×
Q3 25
2.77×
4.70×
Q2 25
3.01×
2.00×
Q1 25
-13.35×
20.32×
Q4 24
3.84×
1.61×
Q3 24
1.69×
Q2 24
3.25×
4.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

JLL
JLL

Real Estate Management Services$5.1B79%
Leasing Advisory$686.3M11%
Capital Markets Services$535.2M8%
Investment Management$99.3M2%

PFG
PFG

Segment breakdown not available.

Related Comparisons