(TPC) Tutor Perini - Overview
Sector: Industrials | Industry: Engineering & Construction | Exchange: NYSE (USA) | Market Cap: 3.955m USD | Total Return: 97.7% in 12m
Avg Turnover: 37.0M
Qual. Beats: 0
Rev. Trend: 97.3%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
Confidence
Tutor Perini Corporation (TPC) is a diversified general contractor providing design-build and construction management services for public and private infrastructure projects. The company operates through three primary segments: Civil, Building, and Specialty Contractors. Its Civil division focuses on large-scale public works such as mass-transit systems, bridges, and water treatment facilities, while the Building segment serves specialized markets including healthcare, technology, and hospitality. The Specialty Contractors unit provides essential mechanical, electrical, and plumbing (MEP) services.
The business model relies heavily on a mix of self-performed labor and project management, which allows for greater control over scheduling and costs in complex environments. In the Construction & Engineering sector, companies often face high capital intensity and thin margins, making backlogs and contract structures critical indicators of long-term stability. Tutor Perini’s historical focus on large-scale infrastructure positions it to benefit from public sector spending and multi-year government contracts.
To better understand the companys valuation and project pipeline, you may wish to explore the data available on ValueRay.
- Federal infrastructure spending and large-scale civil project awards drive backlog growth
- Resolution of legacy legal disputes and unbilled receivables improves cash flow liquidity
- High interest rates increase debt servicing costs for capital-intensive construction operations
- Public sector budget shifts impact mass-transit and highway reconstruction contract volume
- Labor shortages and rising material costs pressure margins on fixed-price contracts
| Net Income: 78.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 5.36 > 1.0 |
| NWC/Revenue: 15.64% < 20% (prev 19.03%; Δ -3.38% < -1%) |
| CFO/TA 0.17 > 3% & CFO 872.1m > Net Income 78.1m |
| Net Debt (-616.7m) to EBITDA (297.4m): -2.07 < 3 |
| Current Ratio: 1.28 > 1.5 & < 3 |
| Outstanding Shares: last quarter (53.8m) vs 12m ago 1.40% < -2% |
| Gross Margin: 11.74% > 18% (prev 0.05%; Δ 1.17k% > 0.5%) |
| Asset Turnover: 118.6% > 50% (prev 101.6%; Δ 16.98% > 0%) |
| Interest Coverage Ratio: 4.60 > 6 (EBITDA TTM 297.4m / Interest Expense TTM 54.0m) |
| A: 0.17 (Total Current Assets 4.10b - Total Current Liabilities 3.21b) / Total Assets 5.14b |
| B: 0.01 (Retained Earnings 55.0m / Total Assets 5.14b) |
| C: 0.05 (EBIT TTM 248.6m / Avg Total Assets 4.80b) |
| D: 0.02 (Book Value of Equity 76.6m / Total Liabilities 3.87b) |
| Altman-Z'' = 1.54 = BB |
| DSRI: 0.82 (Receivables 2.94b/2.84b, Revenue 5.69b/4.52b) |
| GMI: 0.41 (GM 11.74% / 4.78%) |
| AQI: 0.70 (AQ_t 0.08 / AQ_t-1 0.12) |
| SGI: 1.26 (Revenue 5.69b / 4.52b) |
| TATA: -0.15 (NI 78.1m - CFO 872.1m) / TA 5.14b) |
| Beneish M = -3.86 (Cap -4..+1) = AAA |
As of May 25, 2026, the stock is trading at USD 72.76 with a total of 287,769 shares traded.
Over the past week, the price has changed by -8.40%,
over one month by -16.07%,
over three months by -15.13% and
over the past year by +97.67%.
Tutor Perini has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy TPC.
- StrongBuy: 4
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 113.3 | 55.6% |
P/E Trailing = 51.3082
P/E Forward = 14.0056
P/S = 0.6955
P/B = 3.4448
P/EG = 0.6164
Revenue TTM = 5.69b USD
EBIT TTM = 248.6m USD
EBITDA TTM = 297.4m USD
Long Term Debt = 390.8m USD (from longTermDebt, last quarter)
Short Term Debt = 20.4m USD (from shortTermDebt, last quarter)
Debt = 466.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -616.7m USD (calculated: Debt 466.0m - CCE 1.08b)
Enterprise Value = 3.34b USD (3.95b + Debt 466.0m - CCE 1.08b)
Interest Coverage Ratio = 4.60 (Ebit TTM 248.6m / Interest Expense TTM 54.0m)
EV/FCF = 4.75x (Enterprise Value 3.34b / FCF TTM 703.3m)
FCF Yield = 21.07% (FCF TTM 703.3m / Enterprise Value 3.34b)
FCF Margin = 12.37% (FCF TTM 703.3m / Revenue TTM 5.69b)
Net Margin = 1.37% (Net Income TTM 78.1m / Revenue TTM 5.69b)
Gross Margin = 11.74% ((Revenue TTM 5.69b - Cost of Revenue TTM 5.02b) / Revenue TTM)
Gross Margin QoQ = 11.13% (prev 9.80%)
Tobins Q-Ratio = 0.65 (Enterprise Value 3.34b / Total Assets 5.14b)
Interest Expense / Debt = 11.59% (Interest Expense 54.0m / Debt 466.0m)
Taxrate = 30.05% (17.0m / 56.5m)
NOPAT = 173.9m (EBIT 248.6m * (1 - 30.05%))
Current Ratio = 1.28 (Total Current Assets 4.10b / Total Current Liabilities 3.21b)
Debt / Equity = 0.38 (Debt 466.0m / totalStockholderEquity, last quarter 1.21b)
Debt / EBITDA = -2.07 (Net Debt -616.7m / EBITDA 297.4m)
Debt / FCF = -0.88 (Net Debt -616.7m / FCF TTM 703.3m)
Total Stockholder Equity = 1.20b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.63% (Net Income 78.1m / Total Assets 5.14b)
RoE = 6.50% (Net Income TTM 78.1m / Total Stockholder Equity 1.20b)
RoCE = 15.61% (EBIT 248.6m / Capital Employed (Equity 1.20b + L.T.Debt 390.8m))
RoIC = 9.04% (NOPAT 173.9m / Invested Capital 1.92b)
WACC = 13.28% (E(3.95b)/V(4.42b) * Re(13.89%) + D(466.0m)/V(4.42b) * Rd(11.59%) * (1-Tc(0.30)))
Discount Rate = 13.89% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 77.78 | Cagr: 1.46%
[DCF] Terminal Value 63.72% ; FCFF base≈570.4m ; Y1≈653.9m ; Y5≈962.3m
[DCF] Fair Price = 158.0 (EV 7.70b - Net Debt -616.7m = Equity 8.31b / Shares 52.6m; r=13.28% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.09 | # QB: 0
Revenue Correlation: 97.34 | Revenue CAGR: 16.29% | SUE: -0.47 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.26 | Chg30d=+3.32% | Revisions=+20% | Analysts=3
EPS next Quarter (2026-09-30): EPS=1.43 | Chg30d=+1.91% | Revisions=+33% | Analysts=3
EPS current Year (2026-12-31): EPS=5.07 | Chg30d=+2.59% | Revisions=+33% | GrowthEPS=+235.8% | GrowthRev=+13.1%
EPS next Year (2027-12-31): EPS=6.02 | Chg30d=+2.28% | Revisions=+33% | GrowthEPS=+18.8% | GrowthRev=+10.3%
[Analyst] Revisions Ratio: +33%