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Jones Lang LaSalle JLL EMEA — Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)

Discontinued — last reported Q4 '19

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Other financials

Income statement

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Revenue$6.4B+11.1%
Operating income$204.6M+70.5%
Net income$159.4M+177%
EPS (diluted)$3.33+192%

Balance sheet

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Cash & equivalents$719.3M+11.6%
Total debt$3.6B-11.6%
Total equity$7.3B+6.8%
Total assets$17.9B+7.6%

Cash flow

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Operating cash flow-$755.0M+1.6%
CapEx$64.9M+45.8%
Free cash flow-$819.9M-1.0%

Valuation

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Market cap$13.79B+21.4%
Enterprise value$16.67B+13.0%
P/E15.4×-5.7×
P/S0.5×0.0×

Profitability

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Operating margin4.4%+0.8pp
Net margin3.3%+1.1pp
FCF margin3.6%

Returns & leverage

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Return on equity12.6%+4.4pp
Debt / equity0.5×-0.1×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Jones Lang LaSalle in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill.

The official record: Jones Lang LaSalle’s 10-K, filed February 18, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does EMEA — impairment of intangible assets, indefinite-lived (excluding goodwill) mean?
This metric captures the non-cash charge recognized when the carrying value of an indefinite-lived intangible asset (such as a trade name) in the EMEA segment exceeds its fair value. Unlike finite-lived assets, these are not amortized but are tested annually for impairment. A charge here indicates that the asset's expected future economic contribution has diminished.