Company: JLL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001037976-25-000045
Chunk: 45

Company: JONES LANG LASALLE INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 45
---
2)(4)(5)Revenue$4,894.0 4,369.9 524.1 12 %11 %Platform compensation and benefits$465.8 416.5 49.3 12 %11 %Platform operating, administrative and other147.5 146.8 0.7 ——Depreciation and amortization30.2 29.2 1.0 32Segment platform operating expenses643.5 592.5 51.0 97Gross contract costs4,173.0 3,717.1 455.9 1212Segment operating expenses$4,816.5 4,309.6 506.9 12%11%Equity earnings$0.5 0.3 0.2 67%25 %Adjusted EBITDA$106.6 88.6 18.0 20 %19 %

36

Real Estate Management Services (continued)

% ChangeSix Months Ended June 30,Change inin Local($ in millions)20252024U.S. dollarsCurrencyWorkplace Management$6,612.7 5,892.8 719.9 12 %13 %Project Management1,719.1 1,444.5 274.6 1919Property Management900.0 866.3 33.7 44Portfolio Services and Other231.6 235.5 (3.9)(2)(2)Revenue$9,463.4 8,439.1 1,024.3 12 %12 %Platform compensation and benefits$897.4 817.0 80.4 10 %10 %Platform operating, administrative and other286.7 275.4 11.3 45Depreciation and amortization61.7 58.2 3.5 66Segment platform operating expenses1,245.8 1,150.6 95.2 89Gross contract costs8,103.3 7,186.2 917.1 1313Segment operating expenses$9,349.1 8,336.8 1,012.3 12%12%Equity earnings$0.9 1.4 (0.5)(36%)(41)%Adjusted EBITDA$172.9 160.0 12.9 8 %