Company: JLL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001037976-25-000045
Chunk: 97

Company: JONES LANG LASALLE INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 8
Chunk 97
---
%Platform compensation and benefits$374.1 341.1 33.0 10 %8 %Platform operating, administrative and other95.0 83.3 11.7 1412Depreciation and amortization17.5 17.3 0.2 11Segment platform operating expenses486.6 441.7 44.9 109Gross contract costs1.7 11.8 (10.1)(86)(85)Segment operating expenses488.3 453.5 34.8 8 %6 %Equity earnings$0.8 0.5 0.3 60 %78 %Net non-cash MSR and mortgage banking derivative activity$(4.2)(11.8)7.6 64 %64 %Adjusted EBITDA$54.7 33.8 20.9 62 %61 %

39

Capital Markets Services (continued)

% ChangeSix Months Ended June 30,Change inin Local($ in millions)20252024U.S. dollarsCurrencyInvestment Sales, Debt/Equity Advisory and Other$693.2 579.0 114.2 20 %19 %Value and Risk Advisory179.3 176.0 3.3 2 2 Loan Servicing83.1 80.2 2.9 4 4 Revenue$955.6 835.2 120.4 14 %14 %Platform compensation and benefits$703.6 628.7 74.9 12 %12 %Platform operating, administrative and other165.7 144.1 21.6 1515Depreciation and amortization36.4 33.7 2.7 88Segment platform operating expenses905.7 806.5 99.2 1212Gross contract costs2.8 25.4 (22.6)(89)(89)Segment operating expenses908.5 831.9 76.6 9 %9 %Equity earnings$2.4 0.6 1.8 300 %311 %Net non-cash MSR and mortgage banking derivative activity$(17.1)(20.8)3.7 18 %18 %Adjusted EBITDA$103.3 58.8 44.5 76 %73