What does investment management — reimbursement revenue mean?

Revenue received from clients to cover specific operating expenses incurred on their behalf.

How do you interpret investment management — reimbursement revenue?

An increase reflects higher levels of client-funded project activity or administrative support, while a decrease suggests lower client-reimbursable activity.

How does investment management — reimbursement revenue compare across companies?

Similar to 'Reimbursable Revenue' or 'Cost Recoveries' in professional services and property management industries.

Jones Lang LaSalle JLL Investment Management — Reimbursement Revenue

Discontinued — last reported Q2 '18

Similar metrics at other companies

WPCInvestment Management — Reimbursement Revenue

$6.21M-57.3%

WPCAsset Management Income — Reimbursement Revenue

$13.48M+11.5%

WPCAsset Management Income — Related Party Reimbursement Revenue

$20.06M-26.9%

KKRAsset Management — Segment Revenue Adjustment, Expense Reimbursement

$55.57M+72.5%

AJGRisk Management — Reimbursements

$42M+7.7%

WPCInvestment Management — Related Party Reimbursement Revenue

$5.3M-79.4%

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

See full

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:ReimbursementRevenue.

The official record: Jones Lang LaSalle’s 10-Q, filed August 8, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does investment management — reimbursement revenue mean?: Revenue received from clients to cover specific operating expenses incurred on their behalf.
How do you interpret investment management — reimbursement revenue?: An increase reflects higher levels of client-funded project activity or administrative support, while a decrease suggests lower client-reimbursable activity.
How does investment management — reimbursement revenue compare across companies?: Similar to 'Reimbursable Revenue' or 'Cost Recoveries' in professional services and property management industries.