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News Release JLL Reports Financial Results for Third - Quarter 2021 Diluted earnings per share of $ 4.57 , up from $ 2.52 last year ; adjusted diluted earnings per share of $ 4.56 , up from $ 2.99 JLL CHICAGO , November 3 , 2021 - Jones Lang LaSalle Incorporated ( NYSE : JLL ) today announced operating performance for the third quarter of 2021 . Consolidated revenue of $ 4.9 billion and fee revenue of $ 2.1 billion , increases of 22 % and 45 % , respectively ° ° Growth momentum continued in all segments and service lines , led by the Americas Rebound in transaction - based revenue highlighted by Capital Markets and Leasing , which grew 103 % and 73 % , respectively LaSalle delivered strong incentive and advisory fee performance ; raised record $ 4 billion of capital this quarter Margin performance versus the prior year reflected Transaction - based revenue growth across Real Estate Services о Expected reduction of certain non - permanent cost savings from 2020 Incremental investments in people and technology Continued return of capital to shareholders with $ 150 million of share repurchases this quarter , over $ 190 million year - to - date " JLL delivered another quarter of exceptional performance , continuing our strong momentum . The robust growth in revenue and profits was fueled by the ongoing recovery across the commercial real estate industry and the high demand for services and products from our clients , " said Christian Ulbrich , JLL CEO . " Our disciplined approach to capital allocation balances our commitment to investing strategically to drive future growth with the return of capital to shareholders . Going forward , we remain confident in our ability to drive meaningful top and bottom - line growth and create long - term value for all our stakeholders . " Nine months ended September 30 , Summary Financial Results Three months ended September 30 , ( $ in millions , except per share data , " LC " = local currency ) 2021 2020 % Change % Change in USD in LC 2021 Revenue $ 4,889.2 $ 3,978.1 Revenue before reimbursements 2,804.9 2,091.4 Fee revenue¹ 2,072.9 1,417.6 Net income attributable to common shareholders $ 237.2 $ 131.9 Adjusted net income attributable to common shareholders¹ 236.8 156.4 23485 23 % 46 80 % 51 2245 22 % $ 32 13,421.3 $ 7,442.0 2020 11,744.5 % Change % Change in USD in LC 14 % 11 % 6,152.9 21 18 5,332.5 4,167.7 28 25 80 % $ 540.2 $ 152.4 254 % 249 % 51 566.6 219.0 159 153 Diluted earnings per share $ 4.57 $ 2.52 81 % 81 % $ 10.35 $ 2.92 254 % 249 % Adjusted diluted earnings per share 4.56 2.99 53 52 10.86 4.19 159 153 Adjusted EBITDA¹ $ 352.0 $ 243.6 44 % 44 % $ 874.5 $ 442.5 98 % 95 % Adjusted EBITDA , Real Estate Services 321.0 212.3 51 51 781.5 408.8 91 89 Adjusted EBITDA , LaSalle 31.0 31.3 ( 1 ) - 93.0 33.7 176 174 ( 1 ) For discussion of non - GAAP financial measures , see Note 1 following the Financial Statements in this news release . -continued-