TPC · Tutor Perini Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.39B | - | $1.42B | $1.37B | $1.25B | - | $1.08B | $1.13B | $1.05B | - |
| Cost of Revenue | $1.23B | - | $1.25B | $1.18B | $1.11B | - | $1.11B | $1.01B | $933.74M | - |
| Gross Profit | $154.63M | - | $169.40M | $196.00M | $134.40M | - | ($25.83M) | $117.08M | $115.25M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $95.45M | - | $129.30M | $119.56M | $69.08M | - | $80.98M | $76.58M | $66.44M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $11.47M | - | $12.21M | $12.90M | $12.57M | - | $13.51M | $14.01M | $13.58M | - |
| Operating Income | $59.18M | - | $40.09M | $76.43M | $65.33M | - | ($106.81M) | $40.49M | $48.81M | - |
| Interest Expense | $13.40M | - | $13.55M | $13.59M | $19.31M | - | $20.31M | $22.02M | $19.31M | - |
| Income Tax | $16.98M | - | $15.15M | $21.96M | $12.91M | - | ($33.94M) | $7.28M | $7.31M | - |
| Net Income | $25.70M | - | $3.63M | $19.97M | $28.00M | - | ($100.86M) | $812.0K | $15.76M | - |
| EPS - Basic | $0.49 | - | $0.07 | $0.38 | $0.53 | - | ($1.92) | $0.02 | $0.30 | - |
| EPS - Diluted | $0.48 | - | $0.07 | $0.38 | $0.53 | - | ($1.92) | $0.02 | $0.30 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $802.98M | $734.55M | $695.73M | $526.09M | $276.49M | $455.08M | $287.40M | $267.07M | $358.30M | $380.56M |
| Accounts Receivable | $1.14B | $1.22B | $1.30B | $1.34B | $1.30B | $986.89M | $1.31B | $1.09B | $1.06B | $1.05B |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $679.13M | $724.93M | $647.05M | $716.43M | $757.65M | $631.47M | $651.68M | $622.78M | $600.19M | $466.55M |
| Current Assets | $4.10B | $4.12B | $4.17B | $3.90B | $3.49B | $3.29B | $3.45B | $3.40B | $3.47B | $3.52B |
| Total Assets | $5.14B | $5.16B | $5.17B | $4.87B | $4.45B | $4.24B | $4.39B | $4.29B | $4.37B | $4.43B |
| Current Liabilities | $3.21B | $3.24B | $3.21B | $2.96B | $2.63B | $2.33B | $2.23B | $2.06B | $2.04B | $2.12B |
| Long-term Debt | $390.79M | $392.79M | $393.01M | $393.30M | $391.75M | $510.02M | $655.71M | $657.84M | $780.06M | $782.31M |
| Total Liabilities | $3.87B | $3.90B | $3.91B | $3.63B | $3.27B | $3.08B | $3.15B | $2.98B | $3.07B | $3.15B |
| Stockholders' Equity | $1.21B | $1.22B | $1.19B | $1.19B | $1.16B | $1.13B | $1.21B | $1.31B | $1.31B | $1.29B |
| Retained Earnings | $55.01M | $46.44M | $21.03M | $17.40M | ($2.58M) | ($30.57M) | $48.86M | $149.72M | $148.91M | $133.15M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $146.86M | - | - | - | $22.86M | - | - | - | $98.27M | - |
| Investing Cash Flow | ($43.79M) | - | - | - | ($23.87M) | - | - | - | ($10.32M) | - |
| Financing Cash Flow | ($46.48M) | - | - | - | ($146.39M) | - | - | - | ($109.58M) | - |
| CapEx | $17.99M | - | $48.95M | $26.84M | $30.10M | - | $6.91M | $10.92M | $10.43M | - |
| Free Cash Flow | $128.87M | - | - | - | ($7.24M) | - | - | - | $87.84M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 11.1% | - | 12.0% | 14.3% | 10.8% | - | -2.4% | 10.4% | 11.0% | - |
| Operating margin | 4.3% | - | 2.8% | 5.6% | 5.2% | - | -9.9% | 3.6% | 4.7% | - |
| EBITDA margin | 5.1% | - | 3.7% | 6.5% | 6.2% | - | -8.6% | 4.8% | 5.9% | - |
| Net margin | 1.8% | - | 0.3% | 1.5% | 2.2% | - | -9.3% | 0.1% | 1.5% | - |
| Free cash flow margin | 9.3% | - | - | - | -0.6% | - | - | - | 8.4% | - |
| FCF / Net income | 5.02 | - | - | - | -0.26 | - | - | - | 5.57 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 6.9% | - | 9.1% | 8.7% | 5.5% | - | 7.5% | 6.8% | 6.3% | - |
| Effective tax rate | 39.8% | - | 80.7% | 52.4% | 31.6% | - | - | 90.0% | 31.7% | - |
| Return on assets | 0.5% | - | 0.1% | 0.4% | 0.6% | - | -2.3% | 0.0% | 0.4% | - |
| Return on equity | 2.1% | - | 0.3% | 1.7% | 2.4% | - | -8.3% | 0.1% | 1.2% | - |
| Return on invested capital | 2.2% | - | 1.3% | 2.4% | 2.9% | - | -4.5% | 1.0% | 1.6% | - |
| Liquidity | ||||||||||
| Current ratio | 1.28 | 1.27 | 1.30 | 1.32 | 1.33 | 1.41 | 1.55 | 1.65 | 1.70 | 1.66 |
| Quick ratio | 1.28 | 1.27 | 1.30 | 1.32 | 1.33 | 1.41 | 1.55 | 1.65 | 1.70 | 1.66 |
| Cash ratio | 0.25 | 0.23 | 0.22 | 0.18 | 0.11 | 0.20 | 0.13 | 0.13 | 0.18 | 0.18 |
| Leverage | ||||||||||
| Debt / Equity | 0.32 | 0.32 | 0.33 | 0.33 | 0.34 | 0.45 | 0.54 | 0.50 | 0.60 | 0.61 |
| Debt / Assets | 0.08 | 0.08 | 0.08 | 0.08 | 0.09 | 0.12 | 0.15 | 0.15 | 0.18 | 0.18 |
| Debt / EBITDA | 5.53 | - | 7.51 | 4.40 | 5.03 | - | - | 12.07 | 12.50 | - |
| Interest coverage | 4.4x | - | 3.0x | 5.6x | 3.4x | - | -5.3x | 1.8x | 2.5x | - |
| Equity multiplier | 4.23 | 4.23 | 4.33 | 4.11 | 3.84 | 3.74 | 3.61 | 3.28 | 3.34 | 3.43 |
| Liabilities / Assets | 0.75 | 0.76 | 0.76 | 0.75 | 0.73 | 0.73 | 0.72 | 0.69 | 0.70 | 0.71 |
| Efficiency | ||||||||||
| Asset turnover | 0.27 | - | 0.27 | 0.28 | 0.28 | - | 0.25 | 0.26 | 0.24 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 299d | - | 335d | 355d | 380d | - | 442d | 352d | 368d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 201d | - | 190d | 222d | 249d | - | 215d | 225d | 235d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 160.8x | - | 937.0x | 123.1x | 43.7x | - | - | 1089.0x | 48.2x | - |
| P / B | 3.4x | - | 3.0x | 2.1x | 1.1x | - | 1.2x | 0.9x | 0.6x | - |
| P / S | 3.0x | - | 2.5x | 1.8x | 1.0x | - | 1.3x | 1.0x | 0.7x | - |
| EV / EBITDA | 52.9x | - | 61.5x | 26.4x | 17.3x | - | - | 28.3x | 18.9x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 11.5% | - | 30.7% | 21.8% | 18.8% | - | 2.1% | 10.3% | 35.1% | - |
| Revenue CAGR (3y) | 21.4% | - | 9.7% | 16.8% | 9.4% | - | -2.8% | -2.6% | -4.6% | - |
| Revenue CAGR (5y) | 2.8% | - | -0.4% | 1.5% | -0.1% | - | -1.9% | 0.0% | 1.8% | - |
| Gross profit growth (YoY) | 15.1% | - | - | 67.4% | 16.6% | - | - | 80.2% | - | - |
| Operating income growth (YoY) | -9.4% | - | - | 88.7% | 33.8% | - | -750.0% | 1595.7% | - | - |
| Net income growth (YoY) | -8.2% | - | - | 2359.9% | 77.7% | - | -173.4% | - | - | - |
| EPS growth (YoY) | -9.4% | - | - | 1800.0% | 76.7% | - | -170.4% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | -68.0% | -1.1% | - |
| EPS CAGR (5y) | 9.1% | - | -37.3% | 0.5% | 9.3% | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | 2387.0% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 4.6% | 7.4% | -1.8% | -9.5% | -11.2% | -12.1% | -8.9% | -4.2% | -6.9% | -10.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$5.54B totalCivil$2.85B · 51.4%
Building Group$1.85B · 33.4%
Specialty Contractors$843.97M · 15.2%
Product / service
$4.37B totalMass Transit$1.69B · 38.6%
Health Care Facilities$943.91M · 21.6%
Military Facilities$382.51M · 8.7%
Bridges$378.50M · 8.7%
Government Contract$191.52M · 4.4%
Detention Facilities$160.35M · 3.7%
Power And Energy$144.75M · 3.3%
Commercial And Industrial Facilities$142.53M · 3.3%
Education Facilities$122.32M · 2.8%
Multi Unit Residential$102.35M · 2.3%
Commercial And Industrial Sites$82.52M · 1.9%
Water$24.43M · 0.6%
Other$8.17M · 0.2%
Geographic
$5.54B totalUS$5.05B · 91.2%
Non Us$489.73M · 8.8%
Peer comparison
Same SIC group: General Bldg Contractors - Nonresidential Bldgs
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| JFB | $23.09M | 0.5% | 0.3% |
Comparing TUTOR PERINI CORP against the 1 most active filer in the same SIC group.
Dividends
$0.18/share trailing 12 months
| Ex-date | Per share |
|---|---|
| May 21, 2026 | $0.0600 |
| Mar 10, 2026 | $0.0600 |
| Dec 9, 2025 | $0.0600 |
| Nov 2, 2010 | $1.0000 |