TUTOR PERINI CORP
TPC· NYSE· General Bldg Contractors - Nonresidential Bldgs
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 10.2%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +0.8%
We record prices for the companies we cover; TPC is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 53.4M
- Revenue
- $5.5B
- Free cash flow
- $567.2M
- Owner earnings
- $417.2M
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- 11.7%
- Operating
- 4.2%
- Net
- 1.5%
- Free cash flow
- 10.2%
- Owner earnings
- 7.5%
- Stock pay
- 2.7%
Returns
- ROIC, FY2025
- 18.5%
- ROIC, 5 yr avg
- –
- ROE, FY2025
- 6.6%
- ROE, 5 yr avg
- -6.0%
Growth (CAGR)
- Revenue, 3 yr
- 13.5%
- Revenue, 5 yr
- 0.8%
- Revenue, 9 yr
- 1.2%
- Diluted EPS, 3 yr
- –
- Diluted EPS, 5 yr
- -6.6%
- Diluted EPS, 9 yr
- -2.6%
- Free cash flow, 3 yr
- 56.8%
- Free cash flow, 5 yr
- 36.9%
- Free cash flow, 9 yr
- 21.6%
Financial health · FY2025
- Cash and investments
- $734.6M
- Total debt
- $392.8M
- Net cash
- $341.8M
- Debt/Equity
- 0.3x
- Debt/FCF
- 0.7x
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- 3.9%
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- 0.9%
Financials: ten years from the 10-Ks
Revenue
$5.5B
+1.2% a year over 9 years
FY2016FY2025
Margins
Gross11.7%Operating4.2%Net1.5%
FY2025
FY2016FY2025
Free cash flow and owner earnings
Free cash flow$567.2MOwner earnings$417.2M
Free cash flow +21.6% a year
FY2016FY2025
Diluted shares
53.4M
+7.1% over 9 years, net dilution
FY2016FY2025
Return on invested capital
18.5%
FY2025
FY2016FY2025
Net cash
$341.8M
$341.8M more cash than debt
FY2016FY2025
Every figure, year by year
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $5.0B | $4.8B | $4.5B | $4.5B | $5.3B | $4.6B | $3.8B | $3.9B | $4.3B | $5.5B |
| Revenue growth | – | -4.3% | -6.4% | -0.1% | 19.5% | -12.7% | -18.3% | 2.4% | 11.5% | 28.1% |
| Gross margin | 9.2% | 9.6% | 10.2% | 5.4% | 9.1% | 10.0% | 0.8% | 3.6% | 4.6% | 11.7% |
| Operating margin | 4.1% | 3.8% | 4.3% | -8.2% | 4.9% | 4.9% | -5.4% | -3.0% | -2.4% | 4.2% |
| Net income | $95.8M | $148.4M | $83.4M | -$387.7M | $108.4M | $91.9M | -$210.0M | -$171.2M | -$163.7M | $80.4M |
| Net margin | 1.9% | 3.1% | 1.9% | -8.7% | 2.0% | 2.0% | -5.5% | -4.4% | -3.8% | 1.5% |
| Diluted EPS | $1.92 | $2.92 | $1.66 | $-7.72 | $2.12 | $1.79 | $-4.09 | $-3.30 | $-3.13 | $1.51 |
| Return on invested capital? | 6.0% | – | 5.8% | – | 10.9% | 7.9% | – | – | – | 18.5% |
| Cash | ||||||||||
| Operating cash flow | $113.3M | $163.6M | $21.4M | $136.5M | $172.8M | -$148.5M | $207.0M | $308.5M | $503.5M | $748.1M |
| Capital expenditure | $15.7M | $30.3M | $77.1M | $84.2M | $54.8M | $38.6M | $59.8M | $53.0M | $37.4M | $180.9M |
| Free cash flow | $97.6M | $133.3M | -$55.7M | $52.3M | $118.0M | -$187.0M | $147.2M | $255.5M | $466.1M | $567.2M |
| Stock-based compensation | $13.4M | $21.2M | $22.8M | $19.1M | $11.8M | $11.6M | $9.1M | $12.3M | $40.4M | $150.0M |
| Owner earnings? | $84.2M | $112.1M | -$78.4M | $33.2M | $106.2M | -$198.7M | $138.1M | $243.3M | $425.8M | $417.2M |
| Free cash flow per share | $1.96 | $2.63 | $-1.11 | $1.04 | $2.31 | $-3.64 | $2.87 | $4.93 | $8.91 | $10.62 |
| Capital allocation | ||||||||||
| Dividends paid | – | – | – | – | – | – | – | $0 | $0 | $3.2M |
| Share repurchases | – | – | – | – | – | – | – | – | – | – |
| Diluted shares | 49.9M | 50.8M | 50.3M | 50.2M | 51.1M | 51.4M | 51.3M | 51.8M | 52.3M | 53.4M |
| Share count change? | 0.4% | 1.8% | -0.9% | -0.2% | 1.7% | 0.6% | -0.1% | 1.0% | 0.9% | 2.1% |
| Balance sheet | ||||||||||
| Cash and equivalents | $146.1M | $192.9M | $116.1M | $193.7M | $374.3M | $202.2M | $259.4M | $380.6M | $455.1M | $734.6M |
| Short-term investments | – | – | – | – | – | – | – | – | – | – |
| Total debt | $759.5M | $705.5M | $744.7M | $710.4M | $925.3M | $969.2M | $888.2M | $782.3M | $510.0M | $392.8M |
| Net debt | $613.4M | $512.7M | $628.7M | $516.7M | $551.0M | $767.1M | $628.8M | $401.8M | $54.9M | -$341.8M |
| Shareholders' equity | $1.6B | $1.7B | $1.8B | $1.4B | $1.6B | $1.7B | $1.4B | $1.3B | $1.1B | $1.2B |
Latest filings
| 2026-08-05 | 10-Q | Quarterly report |
| 2026-08-05 | 8-K | Earnings release |
| 2026-05-06 | 10-Q | Quarterly report |
| 2026-05-06 | 8-K | Earnings release |
| 2026-04-09 | DEF 14A | Proxy statement |
| 2026-02-26 | 10-K | Annual report |
| 2026-02-26 | 8-K | Earnings release |
| 2025-11-05 | 10-Q | Quarterly report |
| 2025-11-05 | 8-K | Earnings release |
| 2025-08-06 | 10-Q | Quarterly report |
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