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Side-by-side financial comparison of JONES LANG LASALLE INC (JLL) and Sempra (SRE). 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 $3.3B, roughly 1.9× Sempra). Sempra runs the higher net margin — 10.7% vs 2.5%, a 8.2% gap on every dollar of revenue. On growth, JONES LANG LASALLE INC posted the faster year-over-year revenue change (11.1% vs 6.9%). JONES LANG LASALLE INC produced more free cash flow last quarter ($-819.9M vs $-2.2B). Over the past eight quarters, JONES LANG LASALLE INC's revenue compounded faster (6.5% CAGR vs -5.8%).

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.

Sempra is a North American public utility holding company based in San Diego, California. The company is one of the largest utility holding companies in the United States with nearly 40 million consumers.

JLL vs SRE — Head-to-Head

Bigger by revenue
JLL
JLL
1.9× larger
JLL
$6.4B
$3.3B
SRE
Growing faster (revenue YoY)
JLL
JLL
+4.2% gap
JLL
11.1%
6.9%
SRE
Higher net margin
SRE
SRE
8.2% more per $
SRE
10.7%
2.5%
JLL
More free cash flow
JLL
JLL
$1.4B more FCF
JLL
$-819.9M
$-2.2B
SRE
Faster 2-yr revenue CAGR
JLL
JLL
Annualised
JLL
6.5%
-5.8%
SRE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
JLL
JLL
SRE
SRE
Revenue
$6.4B
$3.3B
Net Profit
$159.0M
$352.0M
Gross Margin
Operating Margin
3.2%
7.2%
Net Margin
2.5%
10.7%
Revenue YoY
11.1%
6.9%
Net Profit YoY
-47.9%
EPS (diluted)
$3.33
$0.53

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
SRE
SRE
Q1 26
$6.4B
Q4 25
$7.6B
$3.3B
Q3 25
$6.5B
$2.8B
Q2 25
$6.3B
$2.7B
Q1 25
$5.7B
$3.7B
Q4 24
$6.8B
$3.1B
Q3 24
$5.9B
$2.6B
Q2 24
$5.6B
$2.5B
Net Profit
JLL
JLL
SRE
SRE
Q1 26
$159.0M
Q4 25
$401.8M
$352.0M
Q3 25
$222.4M
$95.0M
Q2 25
$110.5M
$473.0M
Q1 25
$57.5M
$917.0M
Q4 24
$241.2M
$676.0M
Q3 24
$155.1M
$649.0M
Q2 24
$84.4M
$725.0M
Operating Margin
JLL
JLL
SRE
SRE
Q1 26
3.2%
Q4 25
6.7%
7.2%
Q3 25
4.2%
10.6%
Q2 25
3.2%
17.3%
Q1 25
2.1%
21.5%
Q4 24
5.5%
35.0%
Q3 24
3.9%
12.9%
Q2 24
2.7%
18.8%
Net Margin
JLL
JLL
SRE
SRE
Q1 26
2.5%
Q4 25
5.3%
10.7%
Q3 25
3.4%
3.4%
Q2 25
1.8%
17.5%
Q1 25
1.0%
24.9%
Q4 24
3.5%
22.0%
Q3 24
2.6%
25.3%
Q2 24
1.5%
29.2%
EPS (diluted)
JLL
JLL
SRE
SRE
Q1 26
$3.33
Q4 25
$8.33
$0.53
Q3 25
$4.61
$0.12
Q2 25
$2.32
$0.71
Q1 25
$1.14
$1.39
Q4 24
$4.98
$1.04
Q3 24
$3.20
$1.00
Q2 24
$1.75
$1.12

Balance Sheet & Financial Strength

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

Metric
JLL
JLL
SRE
SRE
Cash + ST InvestmentsLiquidity on hand
$436.2M
$29.0M
Total DebtLower is stronger
$29.0B
Stockholders' EquityBook value
$7.4B
$31.6B
Total Assets
$17.9B
$110.9B
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JLL
JLL
SRE
SRE
Q1 26
$436.2M
Q4 25
$599.1M
$29.0M
Q3 25
$428.9M
$5.0M
Q2 25
$401.4M
$155.0M
Q1 25
$432.4M
$1.7B
Q4 24
$416.3M
$1.6B
Q3 24
$437.8M
$560.0M
Q2 24
$424.4M
$228.0M
Total Debt
JLL
JLL
SRE
SRE
Q1 26
Q4 25
$29.0B
Q3 25
$29.0B
Q2 25
$34.9B
Q1 25
$33.3B
Q4 24
$31.6B
Q3 24
$31.0B
Q2 24
$29.0B
Stockholders' Equity
JLL
JLL
SRE
SRE
Q1 26
$7.4B
Q4 25
$7.5B
$31.6B
Q3 25
$7.2B
$31.2B
Q2 25
$7.0B
$31.7B
Q1 25
$6.8B
$31.6B
Q4 24
$6.8B
$31.2B
Q3 24
$6.6B
$29.7B
Q2 24
$6.4B
$29.5B
Total Assets
JLL
JLL
SRE
SRE
Q1 26
$17.9B
Q4 25
$17.8B
$110.9B
Q3 25
$17.2B
$106.9B
Q2 25
$17.3B
$99.9B
Q1 25
$16.6B
$99.0B
Q4 24
$16.8B
$96.2B
Q3 24
$17.8B
$93.7B
Q2 24
$15.9B
$90.5B
Debt / Equity
JLL
JLL
SRE
SRE
Q1 26
Q4 25
0.92×
Q3 25
0.93×
Q2 25
1.10×
Q1 25
1.05×
Q4 24
1.01×
Q3 24
1.04×
Q2 24
0.98×

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
SRE
SRE
Operating Cash FlowLast quarter
$-17.7M
$1.2B
Free Cash FlowOCF − Capex
$-819.9M
$-2.2B
FCF MarginFCF / Revenue
-12.8%
-67.7%
Capex IntensityCapex / Revenue
104.0%
Cash ConversionOCF / Net Profit
-0.11×
3.38×
TTM Free Cash FlowTrailing 4 quarters
$-6.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JLL
JLL
SRE
SRE
Q1 26
$-17.7M
Q4 25
$1.0B
$1.2B
Q3 25
$617.1M
$1.1B
Q2 25
$332.8M
$784.0M
Q1 25
$-767.6M
$1.5B
Q4 24
$927.3M
$1.4B
Q3 24
$261.6M
$1.0B
Q2 24
$273.9M
$669.0M
Free Cash Flow
JLL
JLL
SRE
SRE
Q1 26
$-819.9M
Q4 25
$-2.2B
Q3 25
$-1.5B
Q2 25
$-1.5B
Q1 25
$-854.0M
Q4 24
$-1.1B
Q3 24
$-913.0M
Q2 24
$-1.2B
FCF Margin
JLL
JLL
SRE
SRE
Q1 26
-12.8%
Q4 25
-67.7%
Q3 25
-52.6%
Q2 25
-56.3%
Q1 25
-23.2%
Q4 24
-35.4%
Q3 24
-35.5%
Q2 24
-49.4%
Capex Intensity
JLL
JLL
SRE
SRE
Q1 26
Q4 25
104.0%
Q3 25
92.9%
Q2 25
85.3%
Q1 25
63.5%
Q4 24
79.9%
Q3 24
75.3%
Q2 24
76.4%
Cash Conversion
JLL
JLL
SRE
SRE
Q1 26
-0.11×
Q4 25
2.52×
3.38×
Q3 25
2.77×
11.68×
Q2 25
3.01×
1.66×
Q1 25
-13.35×
1.62×
Q4 24
3.84×
2.02×
Q3 24
1.69×
1.57×
Q2 24
3.25×
0.92×

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%

SRE
SRE

Segment breakdown not available.

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