AVB vs. JLL: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AVB and JLL, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
AVB’s market capitalization of 28.84 billion USD is substantially larger than JLL’s 12.37 billion USD, indicating a significant difference in their market valuations.
JLL carries a higher beta at 1.32, indicating it’s more sensitive to market moves, while AVB (beta: 0.87) exhibits greater stability.
| Symbol | AVB | JLL |
|---|---|---|
| Company Name | AvalonBay Communities, Inc. | Jones Lang LaSalle Incorporated |
| Country | US | US |
| Sector | Real Estate | Real Estate |
| Industry | REIT - Residential | Real Estate - Services |
| CEO | Benjamin W. Schall | Christian Ulbrich |
| Price | 202.57 USD | 260.64 USD |
| Market Cap | 28.84 billion USD | 12.37 billion USD |
| Beta | 0.87 | 1.32 |
| Exchange | NYSE | NYSE |
| IPO Date | March 11, 1994 | July 17, 1997 |
| ADR | No | No |
Historical Performance
This chart compares the performance of AVB and JLL by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
AVB
9.65%
REIT - Residential Industry
- Max
- 23.34%
- Q3
- 9.08%
- Median
- 3.28%
- Q1
- -1.03%
- Min
- -7.42%
Return on Equity is often not a primary performance indicator in the REIT - Residential industry.
JLL
8.05%
Real Estate - Services Industry
- Max
- 11.91%
- Q3
- 9.21%
- Median
- 1.80%
- Q1
- -6.57%
- Min
- -12.86%
JLL’s Return on Equity of 8.05% is on par with the norm for the Real Estate - Services industry, indicating its profitability relative to shareholder equity is typical for the sector.
Return on Invested Capital
AVB
4.55%
REIT - Residential Industry
- Max
- 5.46%
- Q3
- 5.07%
- Median
- 3.70%
- Q1
- 2.44%
- Min
- -1.04%
Return on Invested Capital is often not a primary measure of capital efficiency in the REIT - Residential industry.
JLL
5.99%
Real Estate - Services Industry
- Max
- 24.08%
- Q3
- 6.27%
- Median
- 3.51%
- Q1
- -7.42%
- Min
- -22.36%
JLL’s Return on Invested Capital of 5.99% is in line with the norm for the Real Estate - Services industry, reflecting a standard level of efficiency in generating profits from its capital base.
Net Profit Margin
AVB
38.86%
REIT - Residential Industry
- Max
- 38.86%
- Q3
- 24.60%
- Median
- 7.62%
- Q1
- -2.65%
- Min
- -12.57%
In the REIT - Residential industry, Net Profit Margin is often not the primary profitability metric.
JLL
2.23%
Real Estate - Services Industry
- Max
- 9.09%
- Q3
- 2.89%
- Median
- 2.32%
- Q1
- -1.64%
- Min
- -7.18%
JLL’s Net Profit Margin of 2.23% is aligned with the median group of its peers in the Real Estate - Services industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin
AVB
31.58%
REIT - Residential Industry
- Max
- 45.77%
- Q3
- 30.12%
- Median
- 19.58%
- Q1
- 17.52%
- Min
- 8.22%
In the REIT - Residential industry, Operating Profit Margin is often not the primary measure of operational efficiency.
JLL
3.63%
Real Estate - Services Industry
- Max
- 20.42%
- Q3
- 7.02%
- Median
- 3.99%
- Q1
- -3.44%
- Min
- -16.39%
JLL’s Operating Profit Margin of 3.63% is around the midpoint for the Real Estate - Services industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | AVB | JLL |
|---|---|---|
| Return on Equity (TTM) | 9.65% | 8.05% |
| Return on Assets (TTM) | 5.40% | 3.22% |
| Return on Invested Capital (TTM) | 4.55% | 5.99% |
| Net Profit Margin (TTM) | 38.86% | 2.23% |
| Operating Profit Margin (TTM) | 31.58% | 3.63% |
| Gross Profit Margin (TTM) | 63.13% | 88.07% |
Financial Strength
Current Ratio
AVB
0.22
REIT - Residential Industry
- Max
- 2.65
- Q3
- 2.05
- Median
- 0.62
- Q1
- 0.13
- Min
- 0.05
For the REIT - Residential industry, the Current Ratio is often not the most suitable measure of short-term liquidity.
JLL
1.09
Real Estate - Services Industry
- Max
- 3.77
- Q3
- 2.87
- Median
- 1.40
- Q1
- 1.11
- Min
- 0.31
JLL’s Current Ratio of 1.09 falls into the lower quartile for the Real Estate - Services industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
Debt-to-Equity Ratio
AVB
0.71
REIT - Residential Industry
- Max
- 1.76
- Q3
- 1.60
- Median
- 1.15
- Q1
- 0.71
- Min
- 0.06
AVB’s Debt-to-Equity Ratio of 0.71 is typical for the REIT - Residential industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
JLL
0.54
Real Estate - Services Industry
- Max
- 2.11
- Q3
- 1.66
- Median
- 0.54
- Q1
- 0.24
- Min
- 0.00
JLL’s Debt-to-Equity Ratio of 0.54 is typical for the Real Estate - Services industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio
AVB
4.02
REIT - Residential Industry
- Max
- 4.02
- Q3
- 3.42
- Median
- 2.09
- Q1
- 0.77
- Min
- -0.24
AVB’s Interest Coverage Ratio of 4.02 is in the upper quartile for the REIT - Residential industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
JLL
12.80
Real Estate - Services Industry
- Max
- 12.80
- Q3
- 6.13
- Median
- 2.49
- Q1
- -1.96
- Min
- -9.17
JLL’s Interest Coverage Ratio of 12.80 is in the upper quartile for the Real Estate - Services industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
Financial Strength at a Glance
| Symbol | AVB | JLL |
|---|---|---|
| Current Ratio (TTM) | 0.22 | 1.09 |
| Quick Ratio (TTM) | 0.22 | 1.09 |
| Debt-to-Equity Ratio (TTM) | 0.71 | 0.54 |
| Debt-to-Asset Ratio (TTM) | 0.40 | 0.22 |
| Net Debt-to-EBITDA Ratio (TTM) | 3.78 | 2.75 |
| Interest Coverage Ratio (TTM) | 4.02 | 12.80 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for AVB and JLL. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
AVB
3.41%
REIT - Residential Industry
- Max
- 6.90%
- Q3
- 5.06%
- Median
- 3.70%
- Q1
- 3.35%
- Min
- 1.32%
AVB’s Dividend Yield of 3.41% is consistent with its peers in the REIT - Residential industry, providing a dividend return that is standard for its sector.
JLL
0.00%
Real Estate - Services Industry
- Max
- 10.79%
- Q3
- 1.45%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
JLL currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio
AVB
84.58%
REIT - Residential Industry
- Max
- 647.59%
- Q3
- 358.74%
- Median
- 123.11%
- Q1
- 73.29%
- Min
- 0.00%
AVB’s Dividend Payout Ratio of 84.58% is within the typical range for the REIT - Residential industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
JLL
0.00%
Real Estate - Services Industry
- Max
- 34.56%
- Q3
- 3.97%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
JLL has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | AVB | JLL |
|---|---|---|
| Dividend Yield (TTM) | 3.41% | 0.00% |
| Dividend Payout Ratio (TTM) | 84.58% | 0.00% |
Valuation
Price-to-Earnings Ratio
AVB
25.14
REIT - Residential Industry
- Max
- 209.03
- Q3
- 105.65
- Median
- 37.25
- Q1
- 29.74
- Min
- 25.36
The P/E Ratio is often not the primary metric for valuation in the REIT - Residential industry.
JLL
23.08
Real Estate - Services Industry
- Max
- 76.80
- Q3
- 59.95
- Median
- 42.42
- Q1
- 19.27
- Min
- 12.83
JLL’s P/E Ratio of 23.08 is within the middle range for the Real Estate - Services industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Forward P/E to Growth Ratio
AVB
4.92
REIT - Residential Industry
- Max
- 8.96
- Q3
- 6.40
- Median
- 3.83
- Q1
- 0.72
- Min
- 0.26
The Forward PEG Ratio is often not a primary valuation metric in the REIT - Residential industry.
JLL
1.42
Real Estate - Services Industry
- Max
- 13.06
- Q3
- 6.50
- Median
- 1.45
- Q1
- 0.67
- Min
- 0.01
JLL’s Forward PEG Ratio of 1.42 is within the middle range of its peers in the Real Estate - Services industry. This suggests a reasonable balance between the stock’s price and its expected growth, aligning with sector valuation norms.
Price-to-Sales Ratio
AVB
9.79
REIT - Residential Industry
- Max
- 10.14
- Q3
- 8.03
- Median
- 7.51
- Q1
- 5.76
- Min
- 3.29
AVB’s P/S Ratio of 9.79 is in the upper echelon for the REIT - Residential industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
JLL
0.51
Real Estate - Services Industry
- Max
- 1.84
- Q3
- 1.80
- Median
- 1.22
- Q1
- 0.65
- Min
- 0.07
In the lower quartile for the Real Estate - Services industry, JLL’s P/S Ratio of 0.51 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.
Price-to-Book Ratio
AVB
2.42
REIT - Residential Industry
- Max
- 4.04
- Q3
- 3.00
- Median
- 2.31
- Q1
- 1.78
- Min
- 0.81
AVB’s P/B Ratio of 2.42 is within the conventional range for the REIT - Residential industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
JLL
1.81
Real Estate - Services Industry
- Max
- 6.77
- Q3
- 5.49
- Median
- 1.72
- Q1
- 0.71
- Min
- 0.28
The P/B Ratio is often not a primary valuation metric for the Real Estate - Services industry.
Valuation at a Glance
| Symbol | AVB | JLL |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 25.14 | 23.08 |
| Forward PEG Ratio (TTM) | 4.92 | 1.42 |
| Price-to-Sales Ratio (P/S, TTM) | 9.79 | 0.51 |
| Price-to-Book Ratio (P/B, TTM) | 2.42 | 1.81 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 20.56 | 19.39 |
| EV-to-EBITDA (TTM) | 16.71 | 13.22 |
| EV-to-Sales (TTM) | 12.64 | 0.65 |