TPC Stock Analysis: Tutor Perini | NYSE
Engineering & Construction | NYSE, USA | Market Cap: 4.754m USD | 12M Return: 56.5% | US9011091082 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 50.8M
Qual. Beats: 0
Rev. Trend: 98.0%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Tutor Perini Corporation (NYSE: TPC) is a U.S.-based construction company operating within the Construction & Engineering sub-industry of the Industrials sector. The company provides diversified general contracting, construction management, and design-build services to both private clients and public agencies, with operations spanning the United States and select international markets. As a mid-cap stock with roots dating back to 1894, Tutor Perini is among the longer-tenured firms in the U.S. construction industry, and its business model relies heavily on a contract-based backlog of awarded projects.
The company operates through three reportable segments: Civil, Building, and Specialty Contractors. The Civil segment focuses on public works and infrastructure projects, including highways, bridges, tunnels, mass-transit systems, military and government facilities, and water/wastewater treatment infrastructure. The Building segment serves a diverse range of end markets such as hospitality and gaming, transportation, healthcare, commercial offices, government facilities, sports and entertainment, education, correctional facilities, biotech, pharmaceutical, industrial, and technology. The Specialty Contractors segment provides electrical, mechanical, plumbing, fire protection, and HVAC systems across industrial, commercial, hospitality and gaming, and mass-transit end markets.
In addition to its core construction services, Tutor Perini offers pre-construction planning and project management services, which include scheduling of manpower, equipment, materials, and subcontractors. The company also self-performs key scopes of work such as site work, concrete forming and placement, and steel erection-an approach that reduces reliance on subcontractors and supports margin control. The firm is headquartered in Sylmar, California, and was originally founded as Perini Corporation before adopting its current name in May 2009.
- Federal IIJA funding accelerates civil segment backlog growth
- Margin recovery on legacy problem projects drives earnings
- Cash flow and working capital on large infrastructure projects
| Net Income: 123.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 0.00 > 1.0 |
| NWC/Revenue: 16.06% < 20% (prev 19.75%; Δ -3.70% < -1%) |
| CFO/TA 0.15 > 3% & CFO 796.9m > Net Income 123.9m |
| Net Debt (-744.2m) to EBITDA (302.9m): -2.46 < 3 |
| Current Ratio: 1.29 > 1.5 & < 3 |
| Outstanding Shares: last quarter (53.5m) vs 12m ago 0.52% < -2% |
| Gross Margin: 11.48% > 18% (prev 6.19%; Δ 5.30% > 0.5%) |
| Asset Turnover: 116.3% > 50% (prev 97.96%; Δ 18.33% > 0%) |
| Interest Coverage Ratio: 4.74 > 6 (EBIT TTM 256.8m / Interest Expense TTM 54.1m) |
| A: 0.18 (Total Current Assets 4.30b - Total Current Liabilities 3.35b) / Total Assets 5.36b |
| B: 0.02 (Retained Earnings 110.5m / Total Assets 5.36b) |
| C: 0.05 (EBIT TTM 256.8m / Avg Total Assets 5.12b) |
| D: 0.31 (Book Value of Equity 1.27b / Total Liabilities 4.03b) |
| Altman-Z'' = 1.90 = BBB |
| DSRI: 0.54 (Receivables 1.90b/2.82b, Revenue 5.95b/4.77b) |
| GMI: 0.54 (GM 6.19% / 11.48%) |
| AQI: 1.96 (AQ_t 0.19 / AQ_t-1 0.09) |
| SGI: 1.25 (Revenue 5.95b / 4.77b) |
| TATA: -0.13 (NI 123.9m - CFO 796.9m) / TA 5.36b) |
| Beneish M = -3.09 (Cap -4..+1) = AA |
As of August 24, 2026, the stock is trading at USD 91.27 with a total of 309,140 shares traded. Over the past week, the price has changed by -5.64%, over one month by +4.22%, over three months by +22.35% and over the past year by +56.51%.
Current recommended Stop Loss: 84.30 (which is 7.6% or 1.6 ATR below the current price).
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 | 116.3 | 27.4% |
P/E Trailing = 38.9483
P/E Forward = 14.0056
P/S = 0.7991
P/B = 3.7502
P/EG = 0.6164
Revenue TTM = 5.95b USD
EBIT TTM = 256.8m USD
EBITDA TTM = 302.9m USD
Long Term Debt = 391.3m USD (from longTermDebt, last quarter)
Short Term Debt = 18.2m USD (from shortTermDebt, last quarter)
Debt = 464.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -744.2m USD (calculated: Debt 464.9m - CCE 1.21b)
Enterprise Value = 4.01b USD (4.75b + Debt 464.9m - CCE 1.21b)
Interest Coverage Ratio = 4.74 (Ebit TTM 256.8m / Interest Expense TTM 54.1m)
EV/FCF = 6.45x (Enterprise Value 4.01b / FCF TTM 621.3m)
FCF Yield = 15.49% (FCF TTM 621.3m / Enterprise Value 4.01b)
FCF Margin = 10.44% (FCF TTM 621.3m / Revenue TTM 5.95b)
Net Margin = 2.08% (Net Income TTM 123.9m / Revenue TTM 5.95b)
Gross Margin = 11.48% ((Revenue TTM 5.95b - Cost of Revenue TTM 5.27b) / Revenue TTM)
Gross Margin QoQ = 12.91% (prev 11.13%)
Tobins Q-Ratio = 0.75 (Enterprise Value 4.01b / Total Assets 5.36b)
Interest Expense / Debt = 11.65% (Interest Expense 54.1m / Debt 464.9m)
Taxrate = 29.59% (74.3m / 251.2m)
NOPAT = 180.8m (EBIT 256.8m * (1 - 29.59%))
Current Ratio = 1.29 (Total Current Assets 4.30b / Total Current Liabilities 3.35b)
Debt / Equity = 0.37 (Debt 464.9m / totalStockholderEquity, last quarter 1.27b)
Debt / EBITDA = -2.46 (Net Debt -744.2m / EBITDA 302.9m)
Debt / FCF = -1.20 (Net Debt -744.2m / FCF TTM 621.3m)
Total Stockholder Equity = 1.22b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.42% (Net Income 123.9m / Total Assets 5.36b)
RoE = 10.13% (Net Income TTM 123.9m / Total Stockholder Equity 1.22b)
RoCE = 15.91% (EBIT 256.8m / Capital Employed (Equity 1.22b + L.T.Debt 391.3m))
RoIC = 10.43% (NOPAT 180.8m / Invested Capital 1.73b)
WACC = 13.12% (E(4.75b)/V(5.22b) * Re(13.60%) + D(464.9m)/V(5.22b) * Rd(11.65%) * (1-Tc(0.30)))
Discount Rate = 13.60% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 86.48 | Cagr: 0.81%
[DCF] Terminal Value 62.33% ; FCFF base≈598.6m ; Y1≈651.1m ; Y5≈809.6m
[DCF] Fair Price = 142.8 (EV 6.77b - Net Debt -744.2m = Equity 7.51b / Shares 52.6m; r=13.12% [WACC]; 5y FCF grow 10.09% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.39 | # QB: 0
Revenue Correlation: 98.04 | Revenue CAGR: 17.89% | SUE: 0.71 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.34 | Chg30d=-6.32% | Revisions=+25% | Analysts=2
EPS current Year (2026-12-31): EPS=5.38 | Chg30d=+6.25% | Revisions=+25% | GrowthEPS=+256.0% | GrowthRev=+15.1%
EPS next Year (2027-12-31): EPS=6.07 | Chg30d=+0.72% | Revisions=+25% | GrowthEPS=+12.8% | GrowthRev=+12.7%
[Analyst] Revisions Ratio: +50% (up=3, down=0)