Company: JLL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001037976-25-000045
Chunk: 13

Company: JONES LANG LASALLE INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 13
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 noncontrolling interest portion of amortization of acquisition-related intangibles which is not attributable to common shareholders and (viii) the noncontrolling interest portion of Equity earnings/losses which are not attributable to common shareholders.The Chief Operating Decision Maker ("CODM") of JLL measures and evaluates the segment results based on Adjusted EBITDA for purposes of making decisions about allocating resources and assessing performance. Our CODM is not provided with total asset information by segment and accordingly does not measure or allocate resources based on total assets information. Therefore, we have not disclosed asset information by segment. As of June 30, 2025, we continue to define our Global Executive Board, collectively, as our CODM.

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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)202