What does investment management — capex mean?

The amount spent on purchasing or improving physical assets for the investment division.

How do you interpret investment management — capex?

High levels of spending may indicate significant investment in technology or office infrastructure to support growth.

How does investment management — capex compare across companies?

Standard 'Capital Expenditures' (CapEx) metric reported by business segments.

Jones Lang LaSalle JLL Investment Management — CapEx

Discontinued — last reported Q4 '19

Similar metrics at other companies

XPO

XPOOperating Segments — CapEx

$58.95M+530%

MTDOther Operations Segment — Payments to Acquire Property, Plant, and Equipment

$1.42M-51.3%

SJMOperating Segments — CapEx

$80.48M+67.3%

RVTYAll Segments — Payments to Acquire Property, Plant, and Equipment

$20.34M-5.0%

LULUOperating Segments — CapEx

$19.96M+118%

CSL

CSLOperating Segments — CapEx

$39.68M+61.8%

Other financials

Income statement

See full

Revenue$6.4B+11.1%

Operating income$204.6M+70.5%

Net income$159.4M+177%

EPS (diluted)$3.33+192%

Balance sheet

See full

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

See full

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

See full

Operating margin4.4%+0.8pp

Net margin3.3%+1.1pp

FCF margin3.6%—

Returns & leverage

See full

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:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Jones Lang LaSalle’s 10-K, filed February 27, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does investment management — capex mean?: The amount spent on purchasing or improving physical assets for the investment division.
How do you interpret investment management — capex?: High levels of spending may indicate significant investment in technology or office infrastructure to support growth.
How does investment management — capex compare across companies?: Standard 'Capital Expenditures' (CapEx) metric reported by business segments.