Company: JLL
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001037976-25-000071
Chunk: 66

Company: JONES LANG LASALLE INC
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 66
---
 and Investment Management).

11

Summarized financial information by business segment is as follows.Real Estate Management ServicesThree Months Ended September 30,Nine Months Ended September 30,(in millions)2025202420252024Workplace Management$3,423.6 3,164.6 $10,036.3 9,057.4 Project Management967.9 771.3 2,687.0 2,215.8 Property Management461.1 452.3 1,361.1 1,318.6 Portfolio Services and Other129.8 132.3 361.4 367.8 Revenue$4,982.4 4,520.5 $14,445.8 12,959.6 Less:Platform compensation and benefits$475.2 436.4 $1,372.6 1,253.4 Platform operating, administrative and other148.4 159.5 435.1 434.9 Gross contract costs4,255.5 3,829.9 12,358.8 11,016.1 Add:Equity earnings0.1 1.1 1.0 2.5 Other segment items(1.2)(1.3)(5.2)(3.2)Adjusted EBITDA$102.2 94.5 $275.1 254.5 Depreciation and amortization(1)$25.1 32.0 $84.9 88.3 (1) Excludes the noncontrolling interest portion of amortization of acquisition-related intangibles which is not attributable to common shareholders.Leasing AdvisoryThree Months Ended September 30,Nine Months Ended September 30,(in millions)2025202420252024Leasing$719.1 665.4 $1,936.7 1,781.8 Advisory, Consulting and Other22.8 26.1 68.1 72.3 Revenue$741.9 691.5 $2,004.8 1,854.1 Less:Platform compensation and benefits$538.3 494.9 $1,444.4 1,337.4 Platform operating, administrative and other64.2 55.5 198.8 174.4 Gross contract costs3.1