Company: JLL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001037976-25-000045
Chunk: 62

Company: JONES LANG LASALLE INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 8
Chunk 62
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Summarized financial information by business segment is as follows.Real Estate Management ServicesThree Months Ended June 30,Six Months Ended June 30,(in millions)2025202420252024Workplace Management$3,349.1 3,021.1 $6,612.7 5,892.8 Project Management971.6 788.1 1,719.1 1,444.5 Property Management454.4 436.6 900.0 866.3 Portfolio Services and Other118.9 124.1 231.6 235.5 Revenue$4,894.0 4,369.9 $9,463.4 8,439.1 Less:Platform compensation and benefits$465.8 416.5 $897.4 817.0 Platform operating, administrative and other147.5 146.8 286.7 275.4 Gross contract costs4,173.0 3,717.1 8,103.3 7,186.2 Add:Equity earnings0.5 0.3 0.9 1.4 Other segment items(1.6)(1.2)(4.0)(1.9)Adjusted EBITDA$106.6 88.6 $172.9 160.0 Depreciation and amortization(1)$29.2 28.3 $59.8 56.3 (1) Excludes the noncontrolling interest portion of amortization of acquisition-related intangibles which is not attributable to common shareholders.Leasing AdvisoryThree Months Ended June 30,Six Months Ended June 30,(in millions)2025202420252024Leasing$651.5 619.1 $1,217.6 1,116.4 Advisory, Consulting and Other25.3 23.1 45.3 46.2 Revenue$676.8 642.2 $1,262.9 1,162.6 Less:Platform compensation and benefits$479.3 460.7 $906.1 842.5 Platform operating, administrative and other74.2 61.3 134.6 118.9 Gross contract costs3.3 8.3 5.3 14.7 Add:Equity earnings—