
Tutor Perini Corporation
NYSE•TPC
CEO: Mr. Ronald N. Tutor
Sector: Industrials
Industry: Engineering & Construction
Listing Date: 1973-05-03
Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies in the United States and internationally. It operates through three segments: Civil, Building, and Specialty Contractors. The Civil segment engages in the public works construction and the replacement and reconstruction of infrastructure; and offers contracting services, including construction and rehabilitation of highways, bridges, tunnels, mass-transit systems, military defense facilities, and water management and wastewater treatment facilities, as well as provides drilling, foundation, and excavation support for shoring, bridges, piers, roads, and highway projects. The Building segment offers range of services in various specialized building markets, such as hospitality and gaming, transportation, health care, commercial offices, government facilities, sports and entertainment, education, correctional and detention facilities, biotech, pharmaceutical, industrial, and technology. The Specialty Contractors segment provides electrical, mechanical, plumbing, and fire protection systems, as well as heating, ventilation, and air conditioning services (HVAC) for civil and building construction projects in industrial, commercial, hospitality and gaming, and mass-transit end markets. It also offers pre-construction planning and project management services comprising planning and scheduling of the manpower, equipment, materials, and subcontractor services; and self-performed construction services consisting of site work, concrete forming and placement, and steel erection. The company was formerly known as Perini Corporation and changed its name to Tutor Perini Corporation in May 2009. Tutor Perini Corporation was founded in 1894 and is headquartered in Sylmar, California.
Contact Information
Market Cap
$3.62B
P/E (TTM)
-27.3
45.9
Dividend Yield
--
52W High
$77.00
52W Low
$18.34
52W Range
Rank72Top 96.8%
1.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 1.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$1.42B+30.71%
4-Quarter Trend
EPS
$0.07-103.65%
4-Quarter Trend
FCF
$240.17M+1435.32%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Revenue Growth Strong Consolidated revenue reached $4.04B USD for nine months, marking 23.8% growth over prior year period.
Construction Ops Profitability Income from construction operations $181.8M USD, reversing prior $17.5M loss for nine months ended September 30.
Record Backlog Achieved Total consolidated backlog hit record $21.6B USD as of September 30, 2025, up 54% year-over-year.
Operating Cash Flow Surge Net cash provided by operations $574.4M USD for nine months, largest result for any first nine months.
Risk Factors
Share-Based Compensation Spike G&A expenses rose due to $120.7M share-based compensation, driven by higher stock price impacting liability awards.
Litigation Contingencies Remain Unfavorable outcomes from existing or future litigation and dispute resolution proceedings pose ongoing recovery risks.
Interest Rate Sensitivity Rising interest rates could negatively impact demand for Building segment projects like commercial offices.
Prior Year Adjustments Impact 2024 results heavily impacted by $101.6M unfavorable arbitration adjustment in Civil segment operations.
Outlook
Favorable Revenue Outlook Revenue growth outlook remains highly favorable due to strong new award bookings totaling $7.0B USD in nine months.
Building Segment Record Building segment backlog set all-time record at $7.9B USD, supported by large healthcare and education projects.
Cash Flow Sustainability Expected Expect strong annual operating cash flow to continue well beyond 2025 from project execution and claim resolutions.
Equity Compensation Strategy Intends to issue equity-classified long-term incentive awards going forward to reduce future earnings volatility.
Peer Comparison
Revenue (TTM)
$9.82B
$5.46B
TPC$5.10B
Gross Margin (Latest Quarter)
51.5%
HAYW49.7%
KAI45.2%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| AGX | $4.85B | 41.1 | 31.4% | 0.0% |
| SEB | $4.21B | 10.6 | 8.3% | 24.0% |
| EXPO | $3.70B | 36.2 | 24.8% | 14.5% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
9.9%
Steady Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 5, 2025|Revenue: $1.42B+30.7%|EPS: $0.07-103.6%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 6, 2025|Revenue: $1.37B+21.8%|EPS: $0.38+2351.6%BeatForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 7, 2025|Revenue: $1.25B+18.8%|EPS: $0.53+76.7%BeatForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 27, 2025|Revenue: $4.33B+11.5%|EPS: $-3.13+5.2%MissForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 6, 2024|Revenue: $1.08B+2.1%|EPS: $-1.92+170.4%MeetForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 1, 2024|Revenue: $1.13B+10.3%|EPS: $0.02-102.2%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: Apr 25, 2024|Revenue: $1.05B+35.1%|EPS: $0.30-131.6%BeatForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 28, 2024|Revenue: $3.88B+2.4%|EPS: $-3.30+12.0%Miss