Security
TPC · TUTOR PERINI CORP
TPCNYSECommon stockCurrentCIK 77543Updated Sep 27, 2026
Name history
PERINI CORP · through May 8, 2009
TPC price & chart
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NYSE:TPC on TradingView ↗About the company
Tutor Perini Corporation is a leading civil, building and specialty construction company offering diversified general contracting and design-build services to private customers and public agencies throughout the world. We have provided construction services since 1894 and have established a strong reputation within our markets by executing large, complex projects on time and within budget while adhering to strict safety and quality control measures. We offer general contracting, pre-construction planning and comprehensive project management services, and have strong expertise in delivering design-bid-build, design-build, construction management, and public-private partnership (P3) projects. We often self-perform multiple project components, including earthwork, excavation, concrete forming and placement, steel erection, electrical, mechanical, plumbing, heating, ventilation and air conditioning (HVAC), and fire protection.
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Krystal Biotech Set to Join S&P MidCap 400; Tutor Perini and V2X to Join S&P SmallCap 600 ↗
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 5,160,422,000Source | 4,242,710,000Source | 4,429,856,000Source | 4,542,800,000Source |
| Property, Plant and Equipment, NetUSD | 547,995,000Source | 422,988,000Source | 441,291,000Source | 435,088,000Source |
| GoodwillUSD | 205,143,000Source | 205,143,000Source | 205,143,000Source | 205,143,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 63,832,000Source | 66,069,000Source | 68,305,000Source | 70,542,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 734,553,000Source | 455,084,000Source | 380,564,000Source | 259,351,000Source |
| Assets, CurrentUSD | 4,116,885,000Source | 3,286,667,000Source | 3,521,354,000Source | 3,678,771,000Source |
| Operating Lease, Right-of-Use AssetUSD | 58,608,000Source | 41,695,000Source | 48,878,000Source | 50,825,000Source |
| Other Assets, NoncurrentUSD | 129,994,000Source | 118,554,000Source | 119,680,000Source | 153,256,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 3,897,760,000Source | 3,084,104,000Source | 3,145,945,000Source | 3,100,816,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 52,791,000Source | 52,486,000Source | 52,025,000Source | 51,521,000Source |
| Retained Earnings (Accumulated Deficit)USD | 46,443,000Source | -30,575,000Source | 133,146,000Source | 304,301,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -29,234,000Source | -33,988,000Source | -39,787,000Source | -47,037,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,218,634,000Source | 1,134,723,000Source | 1,291,588,000Source | 1,449,718,000Source |
| Additional Paid in Capital, Common StockUSD | 1,148,634,000Source | 1,146,800,000Source | 1,146,204,000Source | 1,140,933,000Source |
| Liabilities and EquityUSD | 5,160,422,000Source | 4,242,710,000Source | 4,429,856,000Source | 4,542,800,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 3,239,498,000Source | 2,332,700,000Source | 2,124,953,000Source | 1,967,527,000Source |
| Operating Lease, Liability, CurrentUSD | 11,763,000Source | 7,066,000Source | 6,275,000Source | 6,709,000Source |
| Accounts Payable, CurrentUSD | 724,932,000Source | 631,468,000Source | 466,545,000Source | 495,345,000Source |
| Operating Lease, Liability, NoncurrentUSD | 51,783,000Source | 38,630,000Source | 47,781,000Source | 49,176,000Source |
| Deferred Income Tax Liabilities, NetUSD | 0Source | 0Source | 956,000Source | 4,649,000Source |
| Other Liabilities, NoncurrentUSD | 265,477,000Source | 241,379,000Source | 237,722,000Source | 240,486,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 44,028,000Source | 23,883,000Source | -7,677,000Source | -7,734,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 396,121,000Source | 219,525,000Source | 214,309,000Source | 179,523,000Source |
| Dividends PayableUSD | 300,000Source | — | — | — |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 392,785,000Source | 510,025,000Source | 782,314,000Source | 888,154,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 143,081,000Source | -122,339,000Source | -127,597,000Source | -192,572,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 150,002,000Source | 40,356,000Source | 12,259,000Source | 9,065,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 229,726,000Source | -66,921,000Source | -116,310,000Source | -276,450,000Source |
| Increase (Decrease) in Accounts PayableUSD | 93,464,000Source | 164,923,000Source | -28,800,000Source | -15,783,000Source |
| Deferred Income Tax Expense (Benefit)USD | 46,861,000Source | -78,008,000Source | -64,820,000Source | -79,449,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 748,065,000Source | 503,544,000Source | 308,471,000Source | 206,971,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -257,309,000Source | -40,687,000Source | -78,245,000Source | -65,636,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 180,854,000Source | 37,409,000Source | 52,953,000Source | 59,780,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 6,788,000Source | 5,556,000Source | 969,000Source | 1,734,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -184,750,000Source | -393,349,000Source | -109,377,000Source | -78,900,000Source |
| Dividends paid | — | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 306,006,000Source | 69,508,000Source | 120,849,000Source | 62,435,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 770,194,000Source | 464,188,000Source | 394,680,000Source | 273,831,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 50,419,000Source | 73,674,000Source | 80,286,000Source | 64,764,000Source |
| Income Taxes Paid, NetUSD | 8,705,000Source | 18,069,000Source | 828,000Source | 9,952,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 150,000,000Source | 40,400,000Source | — | — |
| Amortization of Debt Issuance Costs and DiscountsUSD | — | — | 5,458,000Source | 3,697,000Source |
| Amortization of Intangible AssetsUSD | 2,237,000Source | 2,236,000Source | 2,237,000Source | 14,526,000Source |
| DepreciationUSD | 47,578,000Source | 51,551,000Source | 42,992,000Source | 49,838,000Source |
| Dividends PayableUSD | 300,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 2,050,000Source | -116,000Source | 5,016,000Source | -145,000Source |
| General and Administrative ExpenseUSD | 415,554,000Source | 300,791,000Source | 255,221,000Source | 234,376,000Source |
| GoodwillUSD | 205,143,000Source | 205,143,000Source | 205,143,000Source | 205,143,000Source |
| Goodwill, Impairment LossUSD | 0Source | — | — | — |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 0Source | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 61,427,000Source | -50,669,000Source | -54,957,000Source | -75,098,000Source |
| InterestExpenseNonoperatingUSD | 54,965,000Source | 89,133,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 80,440,000Source | -163,721,000Source | -171,155,000Source | -210,009,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 62,641,000Source | 41,382,000Source | 43,558,000Source | 17,437,000Source |
| Other Nonoperating Income (Expense)USD | 27,512,000Source | 19,878,000Source | 17,200,000Source | 6,732,000Source |
| Payments of Financing CostsUSD | 0Source | 25,093,000Source | 2,233,000Source | 124,000Source |
| Proceeds from Noncontrolling InterestsUSD | 7,614,000Source | 15,230,000Source | 2,000,000Source | 8,688,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 5,543,039,000Source | 4,326,922,000Source | 3,880,227,000Source | 3,790,755,000Source |
| Cost of RevenueUSD | 4,895,524,000Source | 4,129,884,000Source | 3,739,603,000Source | 3,761,143,000Source |
| Operating Income (Loss)USD | 231,961,000Source | -103,753,000Source | -114,597,000Source | -204,764,000Source |
| Other Nonoperating Income (Expense)USD | 27,512,000Source | 19,878,000Source | 17,200,000Source | 6,732,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 204,508,000Source | -173,008,000Source | -182,554,000Source | -267,670,000Source |
| Income Tax Expense (Benefit)USD | 61,427,000Source | -50,669,000Source | -54,957,000Source | -75,098,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 62,641,000Source | 41,382,000Source | 43,558,000Source | 17,437,000Source |
| Net Income (Loss) Attributable to ParentUSD | 80,440,000Source | -163,721,000Source | -171,155,000Source | -210,009,000Source |
| Earnings Per Share, BasicUSD per share | 1.53Source | -3.13Source | -3.3Source | -4.09Source |
| Earnings Per Share, DilutedUSD per share | 1.51Source | -3.13Source | -3.3Source | -4.09Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 52,693,000Source | 52,322,000Source | 51,845,000Source | 51,324,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 53,413,000Source | 52,322,000Source | 51,845,000Source | 51,324,000Source |
| Interest Expense (non-operating)USD | 54,965,000Source | 89,133,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 2,237,000Source | 2,236,000Source | 2,237,000Source | 14,526,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.06Source | — | — | — |
| Current Income Tax Expense (Benefit)USD | 14,566,000Source | 27,339,000Source | 9,863,000Source | 4,351,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 49,815,000Source | 53,787,000Source | 45,229,000Source | 64,364,000Source |
| General and Administrative ExpenseUSD | 415,554,000Source | 300,791,000Source | 255,221,000Source | 234,376,000Source |
| Goodwill, Impairment LossUSD | 0Source | — | — | — |
| Gross ProfitUSD | 647,515,000Source | 197,038,000Source | 140,624,000Source | 29,612,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 164,017,000Source | -261,147,000Source | -232,512,000Source | -288,954,000Source |
| Interest ExpenseUSD | — | — | 85,157,000Source | 69,638,000Source |
Filing attachments
tpc20260805ex991.htm · 8-K · 2026-08-05
EX-99.1 2 tpc20260805ex991.htm EX-99.1 Document News Release Tutor Perini Reports Strong Second Quarter 2026 Financial Results; Raises 2026 Adjusted EPS Guidance; Increases Quarterly Dividend 50% • Record revenue of $1.6 billion, up 19% Y/Y • Record income from construction operations of $117.7 million, up 54% Y/Y reflecting continued strong operating performance and growing contributions from higher-margin projects • Diluted earnings per share ("EPS") of $1.23, up 224% compared to $0.3…
Read attachment ↗tpc20260622ex991.htm · 8-K · 2026-06-22
EX-99.1 2 tpc20260622ex991.htm EX-99.1 Document News Release Tutor Perini Announces Proposed Offering of $400 Million of Senior Notes Due 2033 LOS ANGELES - (BUSINESS WIRE) - June 22, 2026 - Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it is offering $400 million aggregate principal amount of senior notes due 2033 (the “Notes”) in a private offering. The Notes will be senior unsecured obligations o…
Read attachment ↗tpc20260506ex991.htm · 8-K · 2026-05-06
EX-99.1 2 tpc20260506ex991.htm EX-99.1 Document News Release Tutor Perini Reports Strong First Quarter 2026 Results; Affirms 2026 Adjusted EPS Guidance • Record Q1 2026 operating cash flow of $146.9 million, up 542% Y/Y • Revenue of $1.4 billion in Q1 2026, up 11% Y/Y • Income from construction operations of $59.2 million, reflecting continued strong operating performance and contributions from higher-margin projects • Diluted earnings per share ("EPS") of $0.48 compared to $0.53 in Q1…
Read attachment ↗tpc20260226ex991.htm · 8-K · 2026-02-26
EX-99.1 2 tpc20260226ex991.htm EX-99.1 Document News Release Tutor Perini Reports Strong Fourth Quarter and Full Year 2025 Results • Record operating cash flow of $748.1 million in 2025, up 49% Y/Y • Record revenue of $5.5 billion in 2025, up 28% Y/Y • Income from construction operations of $232.0 million in 2025, up significantly compared to a loss from construction operations of $103.8 million in 2024, reflecting continued strong operating performance and contributions from higher-mar…
Read attachment ↗tpc20251118ex991.htm · 8-K · 2025-11-18
EX-99.1 2 tpc20251118ex991.htm EX-99.1 Document News Release Tutor Perini Initiates a Quarterly Cash Dividend and a $200 Million Share Repurchase Program LOS ANGELES - (BUSINESS WIRE) - November 18, 2025 - Tutor Perini Corporation (the "Company") (NYSE: TPC), a leading civil, building and specialty construction company, announced today that, in light of the Company’s strong third quarter and year-to-date 2025 results, which included record year-to-date operating cash flow of $574.4 millio…
Read attachment ↗tpc20251105ex991.htm · 8-K · 2025-11-05
EX-99.1 2 tpc20251105ex991.htm EX-99.1 Document News Release Tutor Perini Reports Strong Third Quarter 2025 Results; Further Raises 2025 Adjusted EPS Guidance • Revenue of $1.42 billion in Q3 2025, up 31% Y/Y • Income from construction operations of $40.1 million, up significantly compared to a loss from construction operations of $106.8 million in Q3 2024, reflecting continued strong operating performance and contributions from higher-margin projects • Diluted earnings per share ("EPS"…
Read attachment ↗