JLL (NYSE: JLL) delivered double-digit revenue growth in 2024, driven by strong transactional activity and sustained expansion in resilient business lines. Q4 revenue increased 16% year-over-year, reaching $6.8 billion, with capital markets surging 32% and leasing up 14%. For the full year, revenue totaled $23.4 billion, reflecting a 13% increase.

CEO Christian Ulbrich highlighted JLL’s operating efficiency, market momentum, and focus on innovation as key drivers of profitability. The firm also reported $785 million in operating cash flow, a 143% increase in net income, and 28% growth in adjusted EBITDA.

With a strengthened position in an improving real estate cycle, JLL remains focused on expanding market share and driving profitable growth into 2025.