Saturday 17 October 2026 Export TPC’s income statement to Excel — free account

Tutor Perini Corporation

TPC Industrials Engineering & Construction

Tutor Perini Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.5 billion, up 28.1% from fiscal 2024. In the quarter to June 2026, revenue grew 19.2%, EPS grew 229.0%, free cash flow fell 35.1% and total debt fell 5.50%, each against the same quarter a year earlier. Revenue growth for three consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

77.65 1.00 −1.27%

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Market cap: $4.1B
P/E: 32.9×
Fwd P/E: 19.8×
Dividend yield: 0.35%
F-score: 7/9
Altman Z: 1.98
Beneish M: −3.23
Dividend safety: 70/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 5.43

Total sells 218.88

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	2	—	—	—	2	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	2	—	—	3	—	—

Insider Ownership 10.08%

Capital & Financial Ratios $m

Market Cap 4,130.00

Revenue 5,949.23

Net Income 176.84

Free Cash Flow 630.18

Net Debt (819.69)

Current Ratio 1.29

Debt/Equity 0.30

P/E ratio 32.90

Fwd P/E 19.80

P/S ratio 0.69

P/B ratio 3.06

Past 5Y EPS Growth (6.56%)

This Y EPS Growth 115.45%

Next Y EPS Growth 56.45%

Next Y revenue growth 15.10%

Next 5Y EPS Growth 76.56%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 86.80%

10-year low 10-year high

P/S against its own 10 years 92.19%

10-year low 10-year high

P/B against its own 10 years 94.07%

10-year low 10-year high

EV/Sales against its own 10 years 90.05%

10-year low 10-year high

EV/FCF against its own 10 years 26.34%

10-year low 10-year high

Dividends

Payout Ratio 0.12

Annual Dividend Rate 0.27

Annual Dividend Yield 0.35%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.30	0.06 0.06 0.09
2025	0.00	0.06
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	525	604	999	1,216
Receivables	1,635	1,547	1,888	1,902
Inventory	—	—	—	—
Other	1,361	1,135	1,230	1,186
	3,521	3,287	4,117	4,304

	2023	2024	2025	Q'26
Payables	467	631	725	731
ST’ Debt	117	24	15	5
Other	1,104	1,217	1,839	1,930
	2,125	2,333	3,239	3,349

Compound Annual Growth %

	10y	5y	3y
Sales	1.20%	0.83%	13.50%
Cash Flow	48.78%	34.06%	53.47%
Earnings	5.91%	(5.79%)	0.00%
Book Value	(1.17%)	(3.93%)	(4.33%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,389	1,637	—	—	—
’25	1,247	1,374	1,415	1,507	5,543
’24	1,049	1,127	1,083	1,068	4,327
’23	776	1,022	1,061	1,021	3,880
’22	952	861	1,071	907	3,791
’21	1,208	1,219	1,178	1,037	4,642
’20	1,251	1,276	1,442	1,350	5,319

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	147	187	—	—	—
’25	23	262	289	174	748
’24	98	53	23	330	504
’23	21	56	103	128	308
’22	121	58	73	(44)	207
’21	(47)	(85)	(21)	4	(148)
’20	(34)	92	73	42	173

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	131	155	—	—	—
’25	(7)	239	241	102	576
’24	88	43	17	322	471
’23	10	44	90	121	266
’22	110	46	59	(59)	156
’21	(56)	(90)	(28)	(5)	(180)
’20	(45)	73	73	32	133

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.48	1.23	—	—	—
’25	0.53	0.38	0.07	0.54	1.51
’24	0.30	0.02	(1.92)	(1.51)	(3.13)
’23	(0.95)	(0.72)	(0.71)	(0.91)	(3.30)
’22	(0.42)	(1.23)	(0.63)	(1.80)	(4.09)
’21	0.31	0.61	0.30	0.57	1.79
’20	0.34	0.37	0.72	0.69	2.12

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	10.16	22.60	14.66	9.24	2.61	11.91	5.40	4.90	7.83	18.34	Analyst estimates 2026–2028 Powerpack
	High	30.20	33.00	28.05	20.52	15.92	20.24	13.05	9.60	34.55	77.00
People
People	Employees	11,603	10,061	8,200	9,100	8,700	7,800	8,100	8,200	7,500	7,400
	Revenue/emp, $m	0.43	0.47	0.54	0.49	0.61	0.60	0.47	0.47	0.58	0.75
Income, $m
Income, $m	Revenue	4,973	4,757	4,455	4,451	5,319	4,642	3,791	3,880	4,327	5,543
	Gross margin, %	9.19	9.55	10.20	5.43	9.14	10.05	0.78	3.62	4.55	11.68
	EBT	149	154	133	(426)	174	160	(268)	(183)	(173)	205
	EBT margin, %	3.00	3.24	2.98	(9.57)	3.28	3.44	(7.06)	(4.70)	(4.00)	3.69
	Net income	96	155	98	(360)	152	134	(193)	(128)	(122)	143
	Depreciation	67	52	47	445	107	118	64	45	54	50
Per share, $
Per share, $	Revenue	101.18	95.82	89.18	88.63	105.00	90.99	73.86	74.84	82.70	105.20
	Earnings	1.95	2.99	1.67	(7.72)	2.14	1.80	(4.09)	(3.30)	(3.13)	1.53
	Cash flow	2.31	3.29	0.43	2.72	3.41	(2.91)	4.03	5.95	9.62	14.20
	Capex	(0.28)	(0.55)	(1.41)	(1.43)	(0.79)	(0.61)	(1.00)	(0.83)	(0.62)	(3.26)
	Free cash flow	2.02	2.74	(0.99)	1.29	2.62	(3.52)	3.04	5.12	9.00	10.93
	Book value	31.60	34.34	35.79	28.49	30.46	32.81	28.10	24.76	22.14	23.96
	Shares, m	49	50	50	50	51	51	51	52	52	53
Valuation, ×
Valuation, ×	P/E	14.56	8.50	9.51	0.00	6.05	6.91	0.00	0.00	0.00	43.80
	P/S	0.28	0.27	0.18	0.15	0.12	0.14	0.10	0.12	0.29	0.64
	P/B	0.90	0.74	0.45	0.45	0.43	0.38	0.27	0.37	1.09	2.80
	EV/Sales	0.39	0.37	0.31	0.27	0.22	0.29	0.26	0.22	0.28	0.53
	EV/FCF	19.69	12.84	(28.03)	18.60	8.68	(7.39)	6.29	3.18	2.54	5.10
Cash, $m
Cash, $m	Operating cash flow	113	164	21	137	173	(148)	207	308	504	748
	Capex	(14)	(28)	(71)	(72)	(40)	(31)	(51)	(43)	(33)	(172)
	Free cash flow	99	136	(49)	65	133	(180)	156	266	471	576
Balance, $m
Balance, $m	Working capital	1,319	1,493	1,578	1,401	1,816	2,085	1,711	1,396	954	877
	Total debt	760	736	762	834	1,025	994	958	900	534	407
	Net debt	563	486	583	561	495	698	593	375	(70)	(592)
	Shareholders’ equity	1,553	1,705	1,788	1,431	1,543	1,674	1,442	1,284	1,159	1,263
Returns, %
Returns, %	ROA	2.43	3.57	1.93	(8.74)	2.27	1.88	(4.53)	(3.82)	(3.78)	1.71
	ROIC	5.96	5.12	5.06	(11.45)	8.05	5.98	(6.29)	(4.32)	(5.96)	21.61
	ROE	6.45	9.11	4.78	(24.09)	7.29	5.72	(13.48)	(12.56)	(13.41)	6.64

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
AGX Argan, Inc.	$5.2B	26.9×	58.0×	+61.51% (above 0%: growing)	+47.86% (above 0%: growing)	+178.70% (above 0%: growing)	19.33%	14.79%	Compare
LGN Legence Corp.	$4.9B	— (loss-making)	13.0×	+110.74% (above 0%: growing)	n/m	+106.83% (above 0%: growing)	17.45%	(0.52%)	Compare
GVA Granite Construction Incorporated	$4.8B	— (loss-making)	26.2×	+29.30% (above 0%: growing)	n/m	+755.66% (above 0%: growing)	16.40%	8.71%	Compare
ROAD Construction Partners, Inc.	$4.7B	32.2×	38.5×	+28.25% (above 0%: growing)	+33.75% (above 0%: growing)	−19.66% (below 0%: shrinking)	16.85%	10.94%	Compare
KBR KBR, Inc.	$4.6B	11.0×	9.6×	+1.64% (above 0%: growing)	+33.93% (above 0%: growing)	−83.25% (below 0%: shrinking)	14.77%	8.67%	Compare
MYRG MYR Group, Inc.	$4.5B	26.4×	39.8×	+20.15% (above 0%: growing)	+88.24% (above 0%: growing)	−283.31% (below 0%: shrinking)	13.19%	6.28%	Compare
TPC Tutor Perini Corporation	$4.1B	32.9×	19.8×	+19.17% (above 0%: growing)	+228.95% (above 0%: growing)	−35.14% (below 0%: shrinking)	12.91%	7.19%
PRIM Primoris Services Corporation	$4.0B	28.4×	30.5×	−10.71% (below 0%: shrinking)	n/m	−149.14% (below 0%: shrinking)	4.88%	(1.59%)	Compare
EXPO Exponent, Inc.	$3.4B	32.2×	26.3×	+20.89% (above 0%: growing)	+15.38% (above 0%: growing)	−14.24% (below 0%: shrinking)	86.74%	16.33%	Compare
Median of peers	$4.7B	27.6×	28.4×	+24.57%	+33.93%	−16.95%	16.63%	8.69%

All 51 Engineering & Construction stocks →

Tutor Perini Corporation (TPC) key facts

Strength: Tutor Perini Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.5 billion, up 28.1% from fiscal 2024.
Tutor Perini Corporation (TPC) is an Engineering & Construction company in the Industrials sector, listed on the New York Stock Exchange.
Net income was $143.1 million, or $1.53 per share (basic), a net margin of 1.45%.
As of October 16, 2026, TPC traded at $77.65, a market capitalization of $4.1 billion.
At that price the stock trades at 32.9× trailing-twelve-month earnings and 0.7× sales; its P/E is higher than 87% of its own readings over the past ten years.
Tutor Perini Corporation pays an annual dividend of $0.27 per share, a yield of 0.35%, with a payout ratio of 11.6%.
Return on equity was 6.64% and debt-to-equity 0.30.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 1.98 (grey zone) for fiscal 2025.