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TPCTutor Perini Corporation
$74.87$4.0B
Overview & Verdict
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TPC logoTutor Perini Corporation(TPC)Earnings, Financials & Key Ratios

TPC•NYSE
$74.87
49.6× P/E·Price updated Jul 7, 2026
SectorIndustrialsIndustryEngineering & ConstructionSub-IndustryCivil infrastructure construction
AboutTutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide. 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, construction and rehabilitation of highways, bridges, tunnels, mass-transit systems, military defense facilities, and water management and wastewater treatment facilities. This segment also provides drilling, foundation, and excavation support for shoring, bridges, piers, roads, and highway projects. The Building segment offers services in various specialized building markets, including hospitality and gaming, transportation, health care, commercial offices, government facilities, sports and entertainment, education, correctional facilities, biotech, pharmaceutical, and 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 the industrial, commercial, hospitality and gaming, and mass-transit end markets. It also offers general contracting, pre-construction planning, and project management services, including planning and scheduling of manpower, equipment, materials, and subcontractors; and self-performed construction services, such as site work, concrete forming and placement, steel erection, electrical, plumbing, HVAC, and mechanical. 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.Show more
  • Revenue$5.54B+28.1%
  • EBITDA$282M+663.9%
  • Net Income$80M+149.1%
  • EPS (Diluted)1.51+148.2%
  • Gross Margin11.68%+156.5%
  • EBITDA Margin5.08%+540.2%
  • Operating Margin4.18%+274.5%
  • Net Margin1.45%+138.4%
  • ROE6.64%+149.6%

TPC Price & Volume

Tutor Perini Corporation (TPC) stock price & volume — 10-year historical chart

Loading chart...

Revenue Scaling Masks Persistent Margin Volatility Risks

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Accelerating
Profitability:Strained
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Unbilled receivables collection risk

Key Thesis Takeaways

  • Tutor Perini is currently navigating a period of rapid revenue expansion, evidenced by a 41.2% year-over-year growth rate in 2025Q4, while simultaneously executing a successful deleveraging strategy that reduced the debt-to-equity ratio to 0.01 by 2026Q1.
  • However, the investment outlook remains tempered by structural margin instability and a heavy reliance on unbilled receivables, which may obscure the true quality of earnings.
  • Investors should monitor the company's ability to convert these complex, claims-heavy project accruals into sustainable cash flow given the historical volatility in free cash flow margins.

Verdict Logic

while the company has successfully improved its balance sheet with a 0.01 debt-to-equity ratio, the high P/E of 52.67 and reliance on non-cash accruals warrant caution regarding future earnings quality.

TPC Growth Metrics

Tutor Perini Corporation (TPC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years1.2%
5 Years0.83%
3 Years13.5%
TTM25.67%

Profit CAGR

10 Years5.91%
5 Years-5.79%
3 Years-
TTM183.14%

EPS CAGR

10 Years5.19%
5 Years-12.71%
3 Years-
TTM150.88%

Return on Capital

10 Years2.09%
5 Years0.6%
3 Years0.83%
Last Year12.11%

TPC Recent Earnings

Tutor Perini Corporation (TPC) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
May 6, 2026
Metric
Actual
Est
EPS
$1.03+7.3%
$0.96
Rev
$1.4B-3.3%
$1.4B
Q1 2026
Feb 26, 2026
Metric
Actual
Est
EPS
$1.07+16.3%
$0.92
Rev
$1.5B+11.0%
$1.4B
Q4 2025
Nov 5, 2025
Metric
Actual
Est
EPS
$1.15+19.8%
$0.96
Rev
$1.4B+4.6%
$1.4B
Q3 2025
Aug 6, 2025
Metric
Actual
Est
EPS
$1.41+386.2%
$0.29
Rev
$1.4B+3.2%
$1.3B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 6, 2026
$1.03vs $0.96+7.3%
$1.4Bvs $1.4B-3.3%
Q1 2026Feb 26, 2026
$1.07vs $0.92+16.3%
$1.5Bvs $1.4B+11.0%
Q4 2025Nov 5, 2025
$1.15vs $0.96+19.8%
$1.4Bvs $1.4B+4.6%
Q3 2025Aug 6, 2025
$1.41vs $0.29+386.2%
$1.4Bvs $1.3B+3.2%
Based on last 12 quarters of dataView full earnings history →

Latest TPC News

Recent stock market news and headlines for Tutor Perini Corporation (TPC)

Business Wire·2 days ago
Tutor Perini Completes Redemption of $400 Million of Senior Notes and Amendment and Restatement of Credit Agreement

LOS ANGELES--(BUSINESS WIRE)---- $TPC #debtrefinancing--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it has completed the redemption of $400 million aggregate principal amount of the Company's 11.875% Senior Notes due April 30, 2029 (the “2029 Notes”). The Company funded the redemption of the 2029 Notes with the net proceeds of its previously announced offering of $400 million in aggregate principal amount of 6.625% Senior Notes.

Zacks Investment Research·5 days ago
Tutor Perini Corporation (TPC) is Attracting Investor Attention: Here is What You Should Know

Zacks.com users have recently been watching Tutor Perini (TPC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Zacks Investment Research·5 days ago
4 Infrastructure-Driven Heavy Construction Stocks to Buy Now

Growth in telecom, data centers and energy to aid EME, MTZ, DY & TPC in the Zacks Building Products - Heavy Construction industry.

Zacks Investment Research·Jun 29, 2026
Fast-paced Momentum Stock Tutor Perini (TPC) Is Still Trading at a Bargain

Tutor Perini (TPC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Zacks Investment Research·Jun 26, 2026
Here's Why Tutor Perini (TPC) Fell More Than Broader Market

In the closing of the recent trading day, Tutor Perini (TPC) stood at $79.53, denoting a -2.49% move from the preceding trading day.

Peers Comparison

Key metrics vs top competitors for Tutor Perini Corporation (TPC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
TPC logoTPCTutor Perini CorporationCurrent
$74.87$3.95B49.5828.11%1.45%6.64%0.08%
PWR logoPWRQuanta Services, Inc.
$656.79$98.56B96.5919.76%3.72%12.96%—
FLR logoFLRFluor Corporation
$48.61$6.79B-156.81-4.97%2.3%8.03%—
KBR logoKBRKBR, Inc.
$36.67$4.65B11.420.57%5.21%26.47%—
MTZ logoMTZMasTec, Inc.
$358.85$28.29B70.7816.22%3%14.16%—
STRL logoSTRLSterling Infrastructure, Inc.
$776.55$23.83B82.7917.69%12.02%32.26%—

Compare TPC vs Peers

Tutor Perini Corporation (TPC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs PWR

Most directly comparable listed peer for TPC.

Scale Benchmark

vs CAT

Larger-name benchmark to compare TPC against a more recognizable public peer.

Peer Set

Compare Top 5

vs PWR, FLR, KBR, MTZ

TPC SEC Filings & Documents

Tutor Perini Corporation (TPC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 6, 2026·SEC

Material company update

Feb 26, 2026·SEC

Material company update

Nov 18, 2025·SEC

10-K Annual Reports

4
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 27, 2025·SEC

FY 2024

Feb 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 6, 2026·SEC

FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 6, 2025·SEC

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TPC Frequently Asked Questions

Tutor Perini Corporation (TPC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Tutor Perini Corporation's revenue?

Tutor Perini Corporation (TPC) reported $5.69B in revenue for fiscal year 2025. This represents a 348% increase from $1.27B in 1996.

How fast is Tutor Perini Corporation growing?

Tutor Perini Corporation (TPC) grew revenue by 28.1% over the past year. This is strong growth.

Is TPC profitable?

Yes, Tutor Perini Corporation (TPC) is profitable, generating $125.9M in net income for fiscal year 2025 (1.5% net margin).

Dividend & Returns
Does TPC pay dividends?

Tutor Perini Corporation (TPC) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.

What is TPC's return on equity?

Tutor Perini Corporation (TPC) has a return on equity (ROE) of 6.6%. This is below average, suggesting room for improvement.

What is Tutor Perini Corporation's free cash flow?

Tutor Perini Corporation (TPC) generated $703.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in TPC back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →