Jones Lang Lasalle Revamps Financial Reporting Standards

Jones Lang Lasalle Inc. (JLL) has provided an update.

Jones Lang LaSalle Incorporated (JLL) has updated its financial reporting standards and definitions, impacting key metrics like Adjusted EBITDA and net income. These revisions, which exclude certain earnings and losses and incorporate uncalled committed capital into assets under management, have been applied retrospectively to past financial data for consistent comparison. Additionally, JLL has ceased reporting certain non-GAAP measures and margins due to SEC guidance, emphasizing that these changes do not influence core financial results or business operations. Updated financials reflecting these modifications can be found on JLL’s Investor Relations website.

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