Tutor Perini (TPC) AI Stock Analysis

• Market Cap: $3.58B
• Dividend Yield: 0%
• Average Volume (3M): 495.57K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.96
• Revenue Growth: 19.22%
• EPS Growth: 78.83%
• Country: US
• Employees: 7,500
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.07
• Shares Outstanding: 52,743,248
• 10 Day Avg. Volume: 431,635
• 30 Day Avg. Volume: 495,575
• PEG Ratio: 1.50
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 0.29
• P/FCF Ratio: 2.72
• Enterprise Value/Market Cap: 0.87
• Enterprise Value/Revenue: 0.61
• Enterprise Value/Gross Profit: 6.37
• Enterprise Value/Ebitda: 18.77
• 1Y Price Target: $88.67
• Price Target Upside: 29.26% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 1.96
• Revenue Forecast (FY): $5.32B

• Rating: 65 Neutral
• Price Target: $74.00 ▲(7.87% Upside)

Tutor Perini's overall stock score is driven by strong earnings call performance and positive technical indicators, suggesting potential growth. However, the negative valuation metrics and ongoing profitability challenges weigh down the score. The company's strategic initiatives, including share buybacks and dividends, provide additional support to the stock's outlook.

Positive Factors

Record Backlog

A record backlog of $21.6 billion provides strong revenue visibility and supports long-term growth, driven by new awards and contract adjustments.

Strong Cash Flow Generation

Robust cash flow generation enhances financial flexibility, allowing for strategic investments, debt reduction, and shareholder returns.

Strategic Capital Allocation

The dividend and buyback program reflect confidence in financial health and aim to enhance shareholder value, supporting long-term growth.

Negative Factors

Profitability Challenges

Negative net margins indicate persistent profitability issues, which could hinder long-term financial performance and investor confidence.

Operational Inefficiencies

Negative EBIT and EBITDA margins suggest inefficiencies in core operations, which may impact sustainable profitability and competitive positioning.

Higher Effective Tax Rate

An increased tax rate reduces net income and cash flow, potentially limiting funds available for reinvestment and shareholder returns.

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 construction contracts, which can include fixed-price contracts, cost-plus contracts, and unit-price contracts. The company's key revenue streams are derived from project management fees, construction services, and specialized contracting work across its various sectors. Significant partnerships with government entities, municipalities, and private developers also contribute to TPC's earnings by securing long-term contracts for infrastructure projects, commercial developments, and other construction-related services. Additionally, TPC's involvement in large-scale projects often leads to supplemental revenue opportunities through change orders and additional work requested by clients during project execution.

Tutor Perini Financial Statement Overview

Summary

Tutor Perini shows signs of improvement, particularly in cash flow generation with a significant free cash flow growth rate. However, profitability remains a concern with negative net margins and low returns on equity. The reduction in leverage is a positive development, but operational efficiencies need enhancement to achieve sustainable profitability.

Income Statement

Tutor Perini's income statement shows a mixed performance. The TTM gross profit margin is relatively low at 6.19%, indicating limited profitability from core operations. The net profit margin is negative, reflecting ongoing challenges in achieving profitability. However, there is a positive revenue growth rate of 6.97% in the TTM, suggesting some recovery in sales. Despite these improvements, the EBIT and EBITDA margins remain negative, highlighting operational inefficiencies.

Balance Sheet

The balance sheet presents a moderate financial position. The debt-to-equity ratio has improved to 0.40 in the TTM, indicating reduced leverage compared to previous years. However, the return on equity remains negative, suggesting that the company is not generating sufficient returns on shareholder investments. The equity ratio is stable, reflecting a balanced asset structure.

Cash Flow

Cash flow analysis reveals strong performance with a significant free cash flow growth rate of 44.01% in the TTM. The operating cash flow to net income ratio is healthy, indicating efficient cash generation relative to net income. The free cash flow to net income ratio is close to 1, suggesting that the company is effectively converting its earnings into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.10B	4.33B	3.88B	3.79B	4.64B	5.32B
Gross Profit	490.33M	197.04M	140.62M	29.61M	466.39M	486.15M
EBITDA	166.43M	-34.75M	-54.03M	-135.28M	345.50M	346.31M
Net Income	-12.61M	-163.72M	-171.16M	-210.01M	91.92M	108.39M
Balance Sheet
Total Assets	5.17B	4.24B	4.43B	4.54B	4.72B	5.05B
Cash, Cash Equivalents and Short-Term Investments	931.52M	455.08M	380.56M	259.35M	202.20M	374.29M
Total Debt	473.03M	534.14M	899.75M	958.44M	993.65M	1.03B
Total Liabilities	3.91B	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	815.77M	466.13M	255.52M	147.19M	-187.05M	117.99M
Operating Cash Flow	903.97M	503.54M	308.47M	206.97M	-148.45M	172.77M
Investing Cash Flow	-144.34M	-40.69M	-78.25M	-65.64M	-37.34M	-46.36M
Financing Cash Flow	-302.94M	-393.35M	-109.38M	-78.90M	-54.66M	123.34M

Tutor Perini Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 68.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 68.6 is above the 20-day moving average (MA) of 63.93, above the 50-day MA of 64.68, and above the 200-day MA of 46.47, indicating a bullish trend. The MACD of 1.13 indicates Negative momentum. The RSI at 60.59 is Neutral, neither overbought nor oversold. The STOCH value of 85.51 is Negative, 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
AGX	76 Outperform	$4.33B	36.97	32.05%	0.51%	13.49%	77.73%
MYRG	76 Outperform	$3.55B	36.92	16.22%	―	-0.64%	168.51%
GVA	70 Outperform	$4.30B	28.95	16.87%	0.48%	6.87%	64.56%
TPC	65 Neutral	$3.58B	―	-2.31%	0.00%	19.22%	78.83%
FLR	64 Neutral	$7.09B	2.20	91.03%	―	-1.81%	1228.51%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
BWMN	57 Neutral	$579.74M	34.52	6.31%	―	16.73%	―

Tutor Perini Corporate Events

Tutor Perini Announces Dividend and Share Buyback

On November 18, 2025, Tutor Perini Corporation announced a quarterly cash dividend of $0.06 per share and a $200 million share repurchase program, reflecting the company’s strong financial performance in 2025, including record operating cash flow and backlog. The company’s strategic move aims to enhance capital allocation and reward shareholders amid favorable macroeconomic conditions and increased infrastructure funding, positioning Tutor Perini for significant revenue and profit growth in the coming years.