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News Release JLL Reports Exceptional Second - Quarter 2021 Top and Bottom - Line Results Diluted earnings per share of $ 3.82 , up from $ 0.29 last year ; adjusted diluted earnings per share ' of $ 4.20 , up from $ 0.71 JLL CHICAGO , August 4 , 2021 - Jones Lang LaSalle Incorporated ( NYSE : JLL ) today reported outstanding operating performance for the second quarter of 2021 . Consolidated revenue of $ 4.5 billion and fee revenue¹ of $ 1.8 billion , substantial increases of 18 % and 41 % , respectively ° Broad - based growth across all segments and service lines as many geographies continued to see macroeconomic recovery Leasing and Capital Markets strongly rebounded , nearly doubling prior - year fee revenue Outstanding margin performance highlighted by ° Substantial revenue growth , particularly in transaction - based service lines Higher equity earnings driven by JLL Technologies investments and LaSalle Share repurchases returned $ 100 million of capital to shareholders through July " JLL delivered an exceptional second quarter led by a strong recovery in our transaction - based businesses , " noted Christian Ulbrich , JLL CEO . " Continued investments in our platform , people and technology , coupled with financial discipline and strong operational execution , have been instrumental to our success . Given the strong momentum in the business , the successful integration of HFF and increased visibility into a post- pandemic future , we are increasing our 2021 Adjusted EBITDA margin target range to 16 % to 19 % . " Summary Financial Results Three months ended June 30 , Six months ended June 30 , ( $ in millions , except per share data , " LC " = local currency ) 2021 Revenue $ 4,495.0 $ 2020 3,670.4 % Change % Change in USD in LC 2021 2020 % Change % Change in USD in LC 22 % Revenue before reimbursements 2,507.5 1,828.5 37 18 % $ 32 Fee revenue¹ 1,816.9 1,244.9 46 41 8,532.1 $ 4,637.1 3,259.6 7,766.4 10 % 4,061.5 14 6 % 10 2,750.1 19 15 Net income attributable to common shareholders $ 200.0 $ 15.2 n.m. n.m. $ 303.0 $ 20.5 n.m. n.m. Adjusted net income attributable to common shareholders¹ 220.1 36.8 498 % 477 % 329.8 62.6 427 % 409 % Diluted earnings per share $ 3.82 $ 0.29 n.m. n.m. $ 5.80 $ 0.39 n.m. n.m. Adjusted diluted earnings per share 4.20 0.71 492 % 476 % 6.31 1.20 426 % 409 % Adjusted EBITDA¹ $ 332.4 $ 103.3 222 % 215 % $ 522.5 $ 198.9 163 % 158 % Adjusted EBITDA , Real Estate Services 291.3 76.4 281 272 460.5 196.5 134 130 Adjusted EBITDA , LaSalle 41.1 26.8 53 51 62.0 2.4 n.m. n.m. ( 1 ) For discussion of non - GAAP financial measures , see Note 1 following the Financial Statements in this news release . n.m .: not meaningful , represented by a percentage change of greater than 1,000 % , favorably or unfavorably . -continued-