Adjusted operating income margin was 14.5% and adjusted EBITDA margin was 17.8%, with adjusted EPS increasing 11% year-over-year.
Agtech backlog increased 71%, despite delays in controlled environment agriculture projects, with adjusted EBITDA margin improving 20 basis points.
Gibraltar Industries delivered 14% adjusted sales growth in Q2 2025, driven by acquisitions in metal roofing and structures, participation gains in building accessories, and growth in infrastructure.
Infrastructure net sales grew 1.6%, with operating and EBITDA margins improving by approximately 300 basis points each.
Operating cash flow was $44 million and free cash flow was $25 million, with capital expenditures at 5.9% of sales in the quarter.
Residential segment sales increased 8.9%, led by metal roofing acquisitions, while organic revenue was slightly down less than 1%.
Adjusted EBITDA grew by 17%, and adjusted EPS increased by 29%, reflecting strong margin expansion and earnings growth.
Capital Markets Services grew 7% overall, with Debt Advisory up 27% and Investment Sales up 9%, supported by resilient debt markets and refinancing activity.
Investment Management experienced lower assets under management compared to the prior year due to dispositions but raised $1 billion in private equity capital in Q2.
JLL reported a 10% increase in consolidated revenue for Q2 2025, marking the fifth consecutive quarter of double-digit revenue growth.
Real Estate Management Services saw high single-digit to low double-digit revenue growth, led by Workplace Management and Project Management.
Software and Technology Solutions showed low double-digit revenue growth but faced reduced spend from some large clients.
Dafinchi