Jones Lang LaSalle Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	792.1	546.8	225.4	654.5	961.6
Depreciation & Amortization	363.1	358	238.4	228.1	217.5
Loss (Gain) From Sale of Assets	-	-	-	-133.9	-10.9
Loss (Gain) on Equity Investments	49.5	88.5	206.5	-29.8	-180.8
Stock-Based Compensation	114.7	97.4	78.3	85.8	96.4
Provision & Write-off of Bad Debts	41.6	38	20.3	27	12.1
Other Operating Activities	-74.5	-78.4	41.3	138.6	-71.2
Change in Accounts Receivable	-148.8	-207.9	11.1	-291.3	-436.2
Change in Accounts Payable	60.9	36.2	78.5	-78.4	-12.8
Change in Income Taxes	-51.3	-137.6	-138.8	-105.1	35
Change in Other Net Operating Assets	46.8	44.3	-185.2	-295.6	361.7
Operating Cash Flow	1,194	785.3	575.8	199.9	972.4
Operating Cash Flow Growth	52.06%	36.38%	188.04%	-79.44%	-12.77%
Capital Expenditures	-215.6	-185.5	-186.9	-205.8	-175.9
Cash Acquisitions	-7.7	-60.9	-13.6	-5.7	-416.8
Sale (Purchase) of Real Estate	-	-	-	134.8	-70.9
Investment in Securities	-111.1	-69.4	-85.7	-142.9	-107.1
Other Investing Activities	-2.2	-1	-4.2	-23.5	-35.1
Investing Cash Flow	-336.6	-316.8	-290.4	-243.1	-805.8
Short-Term Debt Issued	3,771	912.9	-	20.1	91.8
Long-Term Debt Issued	9,130	8,043	8,084	7,560	5,094
Total Debt Issued	12,901	8,956	8,084	7,580	5,186
Short-Term Debt Repaid	-4,035	-710	-24.8	-	-
Long-Term Debt Repaid	-9,230	-8,568	-8,284	-6,760	-4,944
Total Debt Repaid	-13,265	-9,278	-8,309	-6,760	-4,944
Net Debt Issued (Repaid)	-363.9	-322.1	-224.8	820.1	241.8
Repurchase of Common Stock	-251.1	-112.5	-92.2	-688.4	-395.8
Other Financing Activities	-28.2	-16.6	-57.3	-144.8	10.2
Financing Cash Flow	-643.2	-451.2	-374.3	-13.1	-143.8
Foreign Exchange Rate Adjustments	31.9	-28	6.3	-39.3	-21
Net Cash Flow	246.2	-10.7	-82.6	-95.6	1.8
Free Cash Flow	978.5	599.8	388.9	-5.9	796.5
Free Cash Flow Growth	63.14%	54.23%	-	-	-17.49%
Free Cash Flow Margin	3.75%	2.56%	1.87%	-0.03%	4.11%
Free Cash Flow Per Share	20.25	12.40	8.05	-0.12	15.30
Cash Interest Paid	118.5	147	144.8	74.3	38.8
Cash Income Tax Paid	226	284.9	158.5	321.3	262.5
Levered Free Cash Flow	985.45	445.74	409.23	430.16	1,616
Unlevered Free Cash Flow	1,053	531.3	493.85	477.16	1,641
Change in Working Capital	-92.4	-265	-234.4	-770.4	-52.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.