(TPC) Tutor Perini - Overview
Stock: Construction, Infrastructure, Buildings, Systems, Services
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 0.09% |
| Yield on Cost 5y | 0.34% |
| Yield CAGR 5y | % |
| Payout Consistency | 12.6% |
| Payout Ratio | 1.9% |
| Risk 5d forecast | |
|---|---|
| Volatility | 55.6% |
| Relative Tail Risk | -15.3% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.20 |
| Alpha | 230.61 |
| Character TTM | |
|---|---|
| Beta | 1.609 |
| Beta Downside | 1.688 |
| Drawdowns 3y | |
|---|---|
| Max DD | 43.59% |
| CAGR/Max DD | 2.66 |
Description: TPC Tutor Perini January 13, 2026
Tutor Perini Corporation (NYSE: TPC) is a diversified construction firm that delivers general contracting, construction-management, and design-build services to both private clients and public agencies worldwide. The business is organized into three operating segments: Civil (public-works infrastructure such as highways, bridges, tunnels, mass-transit, military facilities, and water-treatment assets); Building (specialized projects in hospitality, gaming, transportation, health-care, government, education, biotech, and industrial facilities); and Specialty Contractors (electrical, mechanical, plumbing, fire-protection, and HVAC systems, plus pre-construction planning and self-performed site work, concrete, and steel erection).
As of FY 2023, Tutor Perini reported revenue of roughly $5.6 billion and a backlog of about $3.2 billion, indicating a roughly 57 % order-to-revenue ratio-a key indicator of near-term demand visibility. The company’s operating margin hovered near 3 % after a year of cost-inflation pressures, and its free-cash-flow conversion was approximately 0.8 × EBITDA, reflecting the capital-intensive nature of its projects. These figures are drawn from the latest SEC filings; any subsequent quarterly updates could materially shift the outlook.
The firm’s performance is closely tied to macro-level drivers: (1) U.S. federal and state infrastructure spending, especially under the 2021 Infrastructure Investment and Jobs Act, which fuels the Civil segment; (2) defense-budget allocations that sustain military-facility contracts; and (3) interest-rate trends, since higher financing costs can delay or compress large-scale capital projects, affecting both backlog and new-order pipelines.
For a deeper quantitative breakdown of Tutor Perini’s valuation metrics, see the ValueRay platform.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: -12.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.15 > 0.02 and ΔFCF/TA 9.21 > 1.0 |
| NWC/Revenue: 18.89% < 20% (prev 28.49%; Δ -9.60% < -1%) |
| CFO/TA 0.18 > 3% & CFO 904.0m > Net Income -12.6m |
| Net Debt (-285.1m) to EBITDA (166.4m): -1.71 < 3 |
| Current Ratio: 1.30 > 1.5 & < 3 |
| Outstanding Shares: last quarter (53.7m) vs 12m ago 2.40% < -2% |
| Gross Margin: 9.61% > 18% (prev 0.06%; Δ 954.8% > 0.5%) |
| Asset Turnover: 106.9% > 50% (prev 97.59%; Δ 9.27% > 0%) |
| Interest Coverage Ratio: 1.73 > 6 (EBITDA TTM 166.4m / Interest Expense TTM 67.0m) |
Altman Z'' 1.41
| A: 0.19 (Total Current Assets 4.17b - Total Current Liabilities 3.21b) / Total Assets 5.17b |
| B: 0.00 (Retained Earnings 21.0m / Total Assets 5.17b) |
| C: 0.02 (EBIT TTM 116.1m / Avg Total Assets 4.78b) |
| D: 0.01 (Book Value of Equity 43.8m / Total Liabilities 3.91b) |
| Altman-Z'' Score: 1.41 = BB |
Beneish M -3.70
| DSRI: 0.83 (Receivables 2.81b/2.83b, Revenue 5.10b/4.28b) |
| GMI: 0.62 (GM 9.61% / 5.97%) |
| AQI: 0.75 (AQ_t 0.09 / AQ_t-1 0.12) |
| SGI: 1.19 (Revenue 5.10b / 4.28b) |
| TATA: -0.18 (NI -12.6m - CFO 904.0m) / TA 5.17b) |
| Beneish M-Score: -3.70 (Cap -4..+1) = AAA |
What is the price of TPC shares?
Over the past week, the price has changed by +5.82%, over one month by +17.35%, over three months by +23.97% and over the past year by +241.73%.
Is TPC a buy, sell or hold?
- StrongBuy: 4
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the TPC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 91.5 | 9.6% |
| Analysts Target Price | 91.5 | 9.6% |
| ValueRay Target Price | 110 | 31.8% |
TPC Fundamental Data Overview February 01, 2026
P/S = 0.8153
P/B = 3.5347
P/EG = 1.24
Revenue TTM = 5.10b USD
EBIT TTM = 116.1m USD
EBITDA TTM = 166.4m USD
Long Term Debt = 393.0m USD (from longTermDebt, last quarter)
Short Term Debt = 31.1m USD (from shortTermDebt, last quarter)
Debt = 473.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -285.1m USD (from netDebt column, last quarter)
Enterprise Value = 3.94b USD (4.16b + Debt 473.0m - CCE 695.7m)
Interest Coverage Ratio = 1.73 (Ebit TTM 116.1m / Interest Expense TTM 67.0m)
EV/FCF = 4.99x (Enterprise Value 3.94b / FCF TTM 788.9m)
FCF Yield = 20.03% (FCF TTM 788.9m / Enterprise Value 3.94b)
FCF Margin = 15.46% (FCF TTM 788.9m / Revenue TTM 5.10b)
Net Margin = -0.25% (Net Income TTM -12.6m / Revenue TTM 5.10b)
Gross Margin = 9.61% ((Revenue TTM 5.10b - Cost of Revenue TTM 4.61b) / Revenue TTM)
Gross Margin QoQ = 11.97% (prev 14.27%)
Tobins Q-Ratio = 0.76 (Enterprise Value 3.94b / Total Assets 5.17b)
Interest Expense / Debt = 2.86% (Interest Expense 13.5m / Debt 473.0m)
Taxrate = 44.57% (15.2m / 34.0m)
NOPAT = 64.3m (EBIT 116.1m * (1 - 44.57%))
Current Ratio = 1.30 (Total Current Assets 4.17b / Total Current Liabilities 3.21b)
Debt / Equity = 0.40 (Debt 473.0m / totalStockholderEquity, last quarter 1.19b)
Debt / EBITDA = -1.71 (Net Debt -285.1m / EBITDA 166.4m)
Debt / FCF = -0.36 (Net Debt -285.1m / FCF TTM 788.9m)
Total Stockholder Equity = 1.17b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.26% (Net Income -12.6m / Total Assets 5.17b)
RoE = -1.08% (Net Income TTM -12.6m / Total Stockholder Equity 1.17b)
RoCE = 7.43% (EBIT 116.1m / Capital Employed (Equity 1.17b + L.T.Debt 393.0m))
RoIC = 3.99% (NOPAT 64.3m / Invested Capital 1.61b)
WACC = 10.80% (E(4.16b)/V(4.63b) * Re(11.85%) + D(473.0m)/V(4.63b) * Rd(2.86%) * (1-Tc(0.45)))
Discount Rate = 11.85% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.56%
[DCF Debug] Terminal Value 72.71% ; FCFF base≈579.8m ; Y1≈715.2m ; Y5≈1.22b
Fair Price DCF = 253.0 (EV 13.06b - Net Debt -285.1m = Equity 13.35b / Shares 52.7m; r=10.80% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 22.23 | EPS CAGR: 20.58% | SUE: 0.78 | # QB: 0
Revenue Correlation: 74.75 | Revenue CAGR: 8.65% | SUE: 0.38 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.97 | Chg30d=+0.015 | Revisions Net=+1 | Analysts=2
EPS next Year (2026-12-31): EPS=5.01 | Chg30d=+0.000 | Revisions Net=+2 | Growth EPS=+22.3% | Growth Revenue=+15.5%