---
schema_version: "secwatch.filing_event.v1"
accession: "0001037976-23-000005"
form_type: "8-K"
ticker: "JLL"
cik: "0001037976"
company_name: "JONES LANG LASALLE INC"
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T19:57:45.658442+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# JLL Q4 2022 EPS $3.62, down 56% YoY; fee revenue falls 16% in local currency

## Summary
- Net income $174.8M vs $421.4M prior year; adjusted EPS $4.36 vs $8.66.
- Revenue $5.6B (-2% LC); fee revenue $2.2B (-16% LC) driven by Capital Markets and Markets Advisory declines.
- Work Dynamics annuity business grew, but higher fixed costs and lower equity earnings from JLL Technologies and LaSalle hurt margins.
- CEO expects market recovery in H2 2023; cost structure reduced in response to challenging environment.
- Full-year 2022 diluted EPS $13.27 vs $18.47; adjusted EPS $15.71 vs $19.47.

## SEC filing metadata
- accession: 0001037976-23-000005
- form_type: 8-K
- ticker: JLL
- cik: 0001037976
- company_name: JONES LANG LASALLE INC
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1037976/000103797623000005/0001037976-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1037976/000103797623000005/jll-20230228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001037976-23-000005
- JSON: https://secwatch.observer/filing/0001037976-23-000005.json
- Plain text: https://secwatch.observer/filing/0001037976-23-000005.txt

## Key facts
- Earnings Releases
  JONES LANG LASALLE INC reported year ended December 31, 2022 results: revenue $20,862.1, net income $654.5, EPS $13.27.
  - Period: year ended December 31, 2022
  - Revenue: $20,862.1
  - Net income: $654.5
  - EPS: $13.27
  - Result: reported results
  source text: Revenue $ 5,604.8 $ 5,945.7 (6) % (2) % $ 20,862.1 $ 19,367.0 8 % 11 % Fee revenue 1 2,214.1 2,748.1 (19) (16) 8,302.0 8,017.5 4 7 Net income attributable to common shareholders $ 174.8 $ 421.4 (59) % (55) % $ 654.5 $ 961.6 (32) % (30) % Adjusted net income attributable to common shareholders 1 210.6 447.0 (53) (49) 775.1 1,013.6 (24) (21) Diluted earnings per share $ 3.62 $ 8.16 (56) % (52) % $ 13.27 $ 18.47 (28) % (26) %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1037976/000103797623000005/0001037976-23-000005-index.htm
- Earnings Releases
  JONES LANG LASALLE INC reported three months ended December 31, 2022 results: revenue $5,604.8, net income $174.8, EPS $3.62.
  - Period: three months ended December 31, 2022
  - Revenue: $5,604.8
  - Net income: $174.8
  - EPS: $3.62
  - Result: reported results
  source text: Revenue $ 5,604.8 $ 5,945.7 (6) % (2) % $ 20,862.1 $ 19,367.0 8 % 11 % Fee revenue 1 2,214.1 2,748.1 (19) (16) 8,302.0 8,017.5 4 7 Net income attributable to common shareholders $ 174.8 $ 421.4 (59) % (55) % $ 654.5 $ 961.6 (32) % (30) % Adjusted net income attributable to common shareholders 1 210.6 447.0 (53) (49) 775.1 1,013.6 (24) (21) Diluted earnings per share $ 3.62 $ 8.16 (56) % (52) % $ 13.27 $ 18.47 (28) % (26) %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1037976/000103797623000005/0001037976-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.