Company: JLL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001037976-25-000045
Chunk: 86

Company: JONES LANG LASALLE INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 8
Chunk 86
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3 25.4 86Depreciation and amortization67.7 62.3 5.4 98Total platform operating expenses1,844.6 1,717.4 127.2 7 %6 %Gross contract costs4,186.8 3,747.4 439.4 1211Restructuring and acquisition charges21.3 11.5 9.8 8587Total operating expenses$6,052.7 5,476.3 576.4 11 %10 %Operating income$197.4 152.4 45.0 30 %28 %Equity losses$(27.4)(15.4)(12.0)(78)%(79)%Net non-cash MSR and mortgage banking derivative activity$(4.2)(11.8)7.6 64 %64 %Adjusted EBITDA$291.7 246.3 45.4 18 %17 %

28

 Consolidated Operating Results (continued)

Six Months Ended June 30,Change in% Change in Local Currency($ in millions)20252024U.S. dollarsReal Estate Management Services$9,463.4 8,439.1 1,024.3 12%12%Leasing Advisory1,262.9 1,162.6 100.3 9 9 Capital Markets Services955.6 835.2 120.4 14 14 Investment Management201.6 206.0 (4.4)(2)(3)Software and Technology Solutions113.0 110.3 2.7 2 3 Revenue$11,996.5 10,753.2 1,243.3 12 %12 %Platform compensation and benefits$2,718.9 2,509.3 209.6 8 %8 %Platform operating, administrative and other expenses650.8 594.7 56.1 99Depreciation and amortization139.3 123.3 16.0 1313Total platform operating expenses$3,509.0 3,227.3 281.7 9 %9 %Gross contract costs8,129.1 7,246.1 883.0 1213Restructuring and acquisition charges41.0 13