TPCNYSEGeneral Bldg Contractors - Nonresidential BldgsFiscal year ends December 31
TUTOR PERINI CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$78.27+0.62 (+0.80%)
Close on Oct 19, 2026
- Market cap
- $4.19B
- P/E (TTM)
- 33.7
- Dividend yield
- 0.08%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
11.7%+2.5 pts over 5 years
Operating margin
4.2%−0.7 pts over 5 years
Net margin
1.5%−0.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +28.1% | +13.5% | +0.8% | – | |
| Gross profit | +228.6% | +179.6% | +5.9% | +6.2% | |
| Operating income | – | – | -2.4% | +8.2% | |
| Net income | – | – | -5.8% | +5.9% | |
| EPS, diluted | – | – | -6.6% | +5.2% | |
| Free cash flow | +21.7% | +56.8% | +36.9% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 6.4% | 7.2% | 6.8% | |
| Return on assets | 2.4% | 2.3% | 1.7% | |
| Current ratio | 1.87 | 1.80 | 1.27 | |
| Debt to equity | 0.49 | 0.66 | 0.33 | |
| Net debt to EBITDA | 2.09× | 1.55× | -1.16× | |
| Interest coverage | 3.4× | 3.4× | 4.2× | |
| Capex to revenue | 0.3% | 1.0% | 3.3% | |
| Diluted shares | 50M | 51M | 53M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Tutor Perini generated $1.92B from operations and spent $372.76M on capital expenditure, dividends and share buybacks. 99% of that went back into the business.
Generated
$1.92B
Used
$372.76M
Capital expenditure$369.59M99%Dividends$3.17M1%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin1.5%
×Asset turnover1.18×
×Equity multiplier4.00×
=Return on equity, FY20256.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 1.5% | 1.18× | 4.00× | 6.8% |
| FY2024 | -3.8% | 1.00× | 3.57× | -13.5% |
| FY2023 | -4.4% | 0.86× | 3.27× | -12.5% |
| FY2022 | -5.5% | 0.82× | 2.99× | -13.5% |
| FY2021 | 2.0% | 0.95× | 3.04× | 5.7% |
| FY2020 | 2.0% | 1.12× | 3.18× | 7.2% |
| FY2019 | -8.7% | 1.00× | 2.73× | -23.9% |
| FY2018 | 1.9% | 1.03× | 2.46× | 4.7% |
| FY2017 | 3.1% | 1.15× | 2.54× | 9.1% |
| FY2016 | 1.9% | 1.26× | 2.66× | 6.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$80.44M
- Cash generatingOperating cash flow above zero$748.07M
- Return on assets improvedROA up on the prior year-3.7% → 1.9%
- Earnings backed by cashOperating cash flow above net income$748.07M vs $80.44M
- Less leverageLong-term debt to assets fell12.0% → 7.6%
- Better liquidityCurrent ratio rose1.41 → 1.27
- No dilutionShare count did not rise52M → 53M
- Gross margin improvedGross margin up on the prior year4.55% → 11.68%
- More efficientAsset turnover rose0.98 → 1.31