Tutor Perini (TPC) AI Stock Analysis

• Market Cap: $3.29B
• Dividend Yield: N/A
• Average Volume (3M): 704.14K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.85
• Revenue Growth: 12.03%
• EPS Growth: -93.60%
• Country: US
• Employees: 7,500
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.38
• Shares Outstanding: 52,743,248
• 10 Day Avg. Volume: 539,944
• 30 Day Avg. Volume: 704,136
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.70
• Enterprise Value/Revenue: 0.49
• Enterprise Value/Gross Profit: 7.86
• Enterprise Value/Ebitda: 122.59
• 1Y Price Target: $71.00
• Price Target Upside: 12.90% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 63 Neutral
• Price Target: $61.00 ▼(-3.01% Downside)

Tutor Perini's overall stock score is driven by strong earnings call guidance and positive technical momentum. However, significant profitability challenges and a negative P/E ratio weigh on the valuation, limiting the overall score.

Positive Factors

Revenue Growth

The significant revenue growth indicates strong demand for Tutor Perini's services, enhancing its market position and supporting future expansion.

Backlog Increase

A record backlog provides long-term revenue visibility and stability, ensuring sustained business operations and financial health.

Cash Flow Improvement

Improved cash flow enhances financial flexibility, allowing the company to invest in growth opportunities and manage debt effectively.

Negative Factors

Profitability Challenges

Ongoing profitability issues could hinder the company's ability to reinvest in its business and affect long-term shareholder value.

Specialty Contractors Segment Loss

Losses in the Specialty Contractors segment may indicate operational inefficiencies, potentially impacting overall profitability and strategic focus.

Increased Share-Based Compensation Expense

Rising compensation expenses can pressure profit margins and affect the company's ability to maintain competitive pricing and invest in growth.

Tutor Perini Business Overview & Revenue Model

Company Description

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide. It operates through three segments: Civil, Building, and Specialty Contractors. The Civil segment engages in the public works construction and the replacement and reconstruction of infrastructure, construction and rehabilitation of highways, bridges, tunnels, mass-transit systems, military defense facilities, and water management and wastewater treatment facilities. This segment also provides drilling, foundation, and excavation support for shoring, bridges, piers, roads, and highway projects. The Building segment offers services in various specialized building markets, including hospitality and gaming, transportation, health care, commercial offices, government facilities, sports and entertainment, education, correctional facilities, biotech, pharmaceutical, and industrial and technology. The Specialty Contractors segment provides electrical, mechanical, plumbing, and fire protection systems, as well as heating, ventilation, and air conditioning services (HVAC) for the industrial, commercial, hospitality and gaming, and mass-transit end markets. It also offers general contracting, pre-construction planning, and project management services, including planning and scheduling of manpower, equipment, materials, and subcontractors; and self-performed construction services, such as site work, concrete forming and placement, steel erection, electrical, plumbing, HVAC, and mechanical. The company was formerly known as Perini Corporation and changed its name to Tutor Perini Corporation in May 2009. Tutor Perini Corporation was founded in 1894 and is headquartered in Sylmar, California.

How the Company Makes Money

Tutor Perini generates revenue primarily through its contracts for construction services, which include fixed-price contracts, cost-plus contracts, and time and materials contracts. The company's key revenue streams come from large-scale public and private projects, often funded by government agencies, municipalities, and private sector clients. TPC also benefits from long-term relationships and partnerships with major clients, which provide a steady flow of project opportunities. Additionally, the company may engage in joint ventures or collaborations with other firms to undertake significant projects, thereby sharing risks and expanding its capabilities. Factors contributing to its earnings include the cyclical nature of the construction industry, the overall health of the economy, and ongoing investment in infrastructure development.

Tutor Perini Financial Statement Overview

Summary

Tutor Perini faces significant profitability challenges, with negative margins and net losses. The balance sheet shows a stable debt position, but the company needs to improve its return on equity. Cash flow generation has improved, providing some financial flexibility.

Income Statement

Tutor Perini's income statement shows a challenging financial position with negative net profit margins and EBIT margins over the TTM period. Despite a slight revenue growth of 5.44% in the TTM, the company is struggling with profitability, as evidenced by negative EBIT and net income figures. The gross profit margin has improved slightly compared to previous years, but overall profitability remains a concern.

Balance Sheet

The balance sheet reflects moderate financial stability with a debt-to-equity ratio of 0.40, indicating a manageable level of debt relative to equity. However, the return on equity is negative, highlighting ongoing profitability challenges. The equity ratio suggests a reasonable level of equity financing, but the company needs to improve its return metrics to enhance shareholder value.

Cash Flow

Cash flow analysis reveals a strong free cash flow growth rate of 54.89% in the TTM, indicating improved cash generation capabilities. The operating cash flow to net income ratio is positive, suggesting that the company is generating cash from operations despite net losses. The free cash flow to net income ratio is close to 1, which is a positive sign, but overall cash flow stability needs to be maintained.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.77B	4.33B	3.88B	3.79B	4.64B	5.32B
Gross Profit	295.11M	197.04M	140.62M	29.61M	466.39M	486.15M
EBITDA	18.91M	-34.75M	-52.17M	-133.67M	347.04M	357.52M
Net Income	-132.32M	-163.72M	-171.16M	-192.57M	134.15M	152.34M
Balance Sheet
Total Assets	4.87B	4.24B	4.43B	4.54B	4.72B	5.05B
Cash, Cash Equivalents and Short-Term Investments	704.45M	455.08M	380.56M	259.35M	202.20M	374.29M
Total Debt	479.53M	534.14M	899.75M	958.44M	993.65M	1.03B
Total Liabilities	3.63B	3.08B	3.15B	3.10B	3.05B	3.50B
Stockholders Equity	1.19B	1.13B	1.29B	1.45B	1.65B	1.55B
Cash Flow
Free Cash Flow	621.35M	466.13M	255.52M	147.19M	-187.05M	117.99M
Operating Cash Flow	637.41M	503.54M	308.47M	206.97M	-148.45M	172.77M
Investing Cash Flow	-84.36M	-40.69M	-78.25M	-65.64M	-37.34M	-46.36M
Financing Cash Flow	-285.46M	-393.35M	-109.38M	-78.90M	-54.66M	123.34M

Tutor Perini Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 62.89
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TPC, the sentiment is Positive. The current price of 62.89 is above the 20-day moving average (MA) of 59.18, above the 50-day MA of 53.47, and above the 200-day MA of 34.42, indicating a bullish trend. The MACD of 2.65 indicates Positive momentum. The RSI at 69.67 is Neutral, neither overbought nor oversold. The STOCH value of 74.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TPC.

Tutor Perini Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GVA	74 Outperform	$4.75B	36.26	15.89%	0.47%	7.18%	77.84%
STRL	73 Outperform	$9.16B	32.74	36.72%	―	3.31%	76.94%
MYRG	69 Neutral	$2.77B	37.22	12.56%	―	-3.80%	62.94%
AMRC	68 Neutral	$1.44B	23.48	6.36%	―	22.85%	8.26%
Sector *	65 Neutral	$2.70B	14.70	12.10%	3.45%	2.94%	43.39%
TPC	63 Neutral	$3.29B	―	-10.61%	―	12.03%	-93.60%
FLR	54 Neutral	$6.69B	1.70	102.24%	―	3.62%	943.43%

Tutor Perini Corporate Events

Tutor Perini Updates Executive Separation Agreement

On June 19, 2025, Tutor Perini Corporation entered into a letter agreement with Ghassan M. Ariqat, Executive Vice President, Building and Specialty Contractors Groups, which updates his separation benefits agreement. The agreement includes a $2.5 million long-term equity incentive award in 2027, potentially impacting the company’s executive compensation strategy and stakeholder interests.