What is Tutor Perini Corporation's earnings per share (EPS)?

Tutor Perini Corporation (TPC) reported diluted earnings per share of $1.51 for fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Tutor Perini Corporation (TPC) Financials

TPC NYSE

Trailing 12 months to June 30, 2026

Revenue $5.9B +24.7% YoY

Net Income $123.9M n/m YoY

EPS (Diluted) $2.32 n/m YoY

Free Cash Flow $621.3M +10.1% YoY

Market Cap $4.0B as of Oct 23, 2026

Price / Sales 0.7x on $5.9B revenue, trailing 12 months to June 30, 2026

Price / Earnings 32.6x on $123.9M net income, trailing 12 months to June 30, 2026

Price / Book 3.2x on $1.3B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 5, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TPC SEC filings page.

Tutor Perini Corporation (TPC) reported $5.9B in revenue over the twelve months to Jun 30, 2026, up 24.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI TPC FY2025 2026-10-24

FY2025’s sharp operating recovery improved profitability, but short-term liabilities now carry more of the balance-sheet load.

Revenue expanded 28.1% while cost of revenue rose 18.5%, creating room for operating improvement beyond simple volume growth. Gross margin expansion of 7.1 pp indicates that the economics of the reported work improved materially, through cost absorption, mix, or both.

The cash-conversion pattern is much stronger than reported earnings: operating cash flow reached $748M while net income was $80.4M, so cash generation was not simply a mirror of accounting profit. In FY2024, the company reported a net loss of $164M alongside operating cash flow of $504M, showing that this divergence predates the latest profit.

The financing mix is becoming more short-term: current liabilities rose 38.9% while the current ratio fell to 1.3x, even as long-term debt declined. Meanwhile, capital expenditures surged 383.5% but free cash flow still increased 21.7%, indicating heavier reinvestment without eliminating reported cash generation.

Financial Health Signals

Financial Health Score 55/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Tutor Perini Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Tutor Perini Corporation has an operating margin of 4.2%, meaning the company retains $4 of operating profit per $100 of revenue. Among its peers this margin ranks in the lower range, for a profitability score of 25/100. This is up from -2.4% the prior year.

Growth

Tutor Perini Corporation's revenue surged 28.1% year-over-year to $5.5B, reflecting rapid business expansion. This strong growth earns a score of 81/100.

Leverage

Tutor Perini Corporation carries a low D/E ratio of 0.32, meaning only $0.32 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Tutor Perini Corporation's current ratio of 1.27 indicates adequate short-term liquidity, earning a score of 33/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Tutor Perini Corporation converts 10.2% of revenue into free cash flow ($567.2M). This strong cash generation earns a score of 65/100.

Returns

Tutor Perini Corporation generates a 6.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 29/100. This is up from -14.4% the prior year.

Altman Z-Score Grey Zone

2.06

Tutor Perini Corporation scores 2.06, placing it in the grey zone between 1.81 and 2.99. The largest contribution to the score comes from revenue of $5.5B against total assets of $5.2B. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Strong

7/9

Tutor Perini Corporation passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

9.30x

For every $1 of reported earnings, Tutor Perini Corporation generates $9.30 in operating cash flow ($748.1M OCF vs $80.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

4.22x

Tutor Perini Corporation earns $4.22 in operating income for every $1 of interest expense ($232.0M vs $55.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.6B

YoY+19.2%

QoQ+17.8%

5Y CAGR+6.1%

Tutor Perini Corporation generated $1.6B in revenue in Q2 2026. This represents an increase of 19.2% from the same quarter a year earlier. Against the prior quarter it is up 17.8%.

EBITDA

$128.0M

YoY+43.2%

QoQ+81.1%

5Y CAGR+4.2%

Tutor Perini Corporation's EBITDA was $128.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 43.2% from the same quarter a year earlier. Against the prior quarter it is up 81.1%.

Net Income

$65.7M

YoY+229.1%

QoQ+155.8%

5Y CAGR+16.1%

10Y CAGR+11.9%

Tutor Perini Corporation reported $65.7M in net income in Q2 2026. This represents an increase of 229.1% from the same quarter a year earlier. Against the prior quarter it is up 155.8%.

EPS (Diluted)

$1.23

YoY+223.7%

QoQ+156.3%

5Y CAGR+15.1%

10Y CAGR+11.1%

Tutor Perini Corporation earned $1.23 per diluted share (EPS) in Q2 2026. This represents an increase of 223.7% from the same quarter a year earlier. Against the prior quarter it is up 156.3%.

Cash & Balance Sheet

Free Cash Flow

$153.6M

YoY-34.8%

QoQ+19.2%

5Y CAGRn/m

10Y CAGRn/m

Tutor Perini Corporation generated $153.6M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 34.8% from the same quarter a year earlier. Against the prior quarter it is up 19.2%.

Cash & Debt

$938.2M

YoY+78.3%

QoQ+16.8%

5Y CAGR+32.3%

10Y CAGR+25.9%

Tutor Perini Corporation held $938.2M in cash against $391.3M in long-term debt as of Q2 2026.

Dividends Per Share

$0.06

QoQ0.0%

Tutor Perini Corporation paid $0.06 per share in dividends in Q2 2026. It is unchanged from the prior quarter.

Shares Outstanding

53M

YoY-0.3%

QoQ-0.1%

5Y CAGR+0.6%

10Y CAGR+0.7%

Tutor Perini Corporation had 53M shares outstanding in Q2 2026. This represents a decrease of 0.3% from the same quarter a year earlier. Against the prior quarter it is down 0.1%.

Margins & Returns

Gross Margin

12.9%

YoY-1.4pp

QoQ+1.8pp

5Y change+2.4pp

Tutor Perini Corporation's gross margin was 12.9% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.8 percentage points.

Operating Margin

7.2%

YoY+1.6pp

QoQ+2.9pp

5Y change+1.6pp

Tutor Perini Corporation's operating margin was 7.2% in Q2 2026, reflecting core business profitability. This is up 1.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.9 percentage points.

Net Margin

4.0%

YoY+2.6pp

QoQ+2.2pp

5Y change+1.5pp

Tutor Perini Corporation's net profit margin was 4.0% in Q2 2026, showing the share of revenue converted to profit. This is up 2.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.2 percentage points.

Return on Equity

5.2%

YoY+3.5pp

QoQ+3.1pp

5Y change+3.3pp

10Y change+3.8pp

Tutor Perini Corporation's quarterly ROE was 5.2% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is up 3.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.1 percentage points.

Capital Allocation

Share Buybacks

$10.0M

YoYn/m

QoQ-50.0%

Tutor Perini Corporation spent $10.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 50.0%.

Capital Expenditures

$33.7M

YoY+25.5%

QoQ+87.2%

5Y CAGR+30.1%

10Y CAGR+24.2%

Tutor Perini Corporation invested $33.7M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 25.5% from the same quarter a year earlier. Against the prior quarter it is up 87.2%.

R&D Spending

Not reported for Q2 2026.

TPC Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

TPC quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$5.9B	$5.5B+28.1%	$4.3B+11.5%	$3.9B+2.4%	$3.8B-18.3%	$4.6B-12.7%	$5.3B+19.5%	$4.5B-0.1%	$4.5B-6.4%	$4.8B-4.3%	$5.0B	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	$5.3B	$4.9B+18.5%	$4.1B+10.4%	$3.7B-0.6%	$3.8B-9.9%	$4.2B-13.6%	$4.8B+14.8%	$4.2B+5.2%	$4.0B-7.0%	$4.3B-4.7%	$4.5B	N/A	N/A	N/A	N/A	N/A
Gross Profit	$683.0M	$647.5M+228.6%	$197.0M+40.1%	$140.6M+374.9%	$29.6M-93.7%	$466.4M-4.1%	$486.2M+101.1%	$241.8M-46.8%	$454.5M0.0%	$454.4M-0.6%	$457.2M+28.3%	$356.3M-29.5%	$505.4M+8.3%	$466.9M+12.5%	$415.1M+5.0%	$395.3M
SG&A Expenses	$415.9M	$415.6M+38.2%	$300.8M+17.9%	$255.2M+8.9%	$234.4M-2.2%	$239.6M+7.0%	$223.8M-1.4%	$226.9M-13.6%	$262.6M-4.5%	$274.9M+7.7%	$255.3M+1.8%	$250.8M-4.9%	$263.8M+0.3%	$263.1M+1.0%	$260.4M+14.7%	$227.0M
Operating Income	$267.1M	$232.0Mn/m	-$103.8Mn/m	-$114.6Mn/m	-$204.8M-190.3%	$226.8M-13.5%	$262.3Mn/m	-$365.0M-290.2%	$191.9M+6.9%	$179.5M-11.1%	$201.9M+91.6%	$105.4M-56.4%	$241.7M+18.6%	$203.8Mn/m	-$221.8M-231.7%	$168.4M
EBITDA	N/A	$281.8Mn/m	-$50.0Mn/m	-$69.4Mn/m	-$140.4M-140.7%	$345.0M-6.6%	$369.4Mn/m	-$300.0M-225.4%	$239.1M+3.3%	$231.4M-14.0%	$269.2M+83.1%	$147.0M-50.2%	$295.4M+12.2%	$263.2Mn/m	-$160.4M-174.2%	$216.0M
Interest Expense	$54.1M	$55.0M-38.3%	$89.1M+4.7%	$85.2M+22.3%	$69.6M+0.9%	$69.0M-9.4%	$76.2M+12.9%	$67.5M+6.3%	$63.5M-8.5%	$69.4M+16.1%	$59.8M+32.4%	$45.1M-1.9%	$46.0M+0.9%	$45.6M+3.3%	$44.2M+23.6%	$35.8M
Income Tax	$74.3M	$61.4Mn/m	-$50.7Mn/m	-$55.0Mn/m	-$75.1M-393.0%	$25.6M+16.8%	$21.9Mn/m	-$65.6M-288.4%	$34.8Mn/m	-$569K-101.1%	$53.3M+86.7%	$28.5M-64.1%	$79.5M+52.0%	$52.3Mn/m	-$2.4M-104.8%	$50.9M
Net Income	$123.9M	$80.4Mn/m	-$163.7Mn/m	-$171.2Mn/m	-$210.0M-328.5%	$91.9M-15.2%	$108.4Mn/m	-$387.7M-564.7%	$83.4M-43.8%	$148.4M+54.9%	$95.8M+111.6%	$45.3M-58.0%	$107.9M+23.6%	$87.3Mn/m	-$265.4M-408.1%	$86.1M
EPS (Basic)	N/A	$1.53n/m	-$3.13n/m	-$3.30n/m	-$4.09-327.2%	$1.80-15.9%	$2.14n/m	-$7.72-562.3%	$1.67-44.1%	$2.99+53.3%	$1.95+112.0%	$0.92-58.6%	$2.22+22.0%	$1.82n/m	-$5.59-407.1%	$1.82
EPS (Diluted)	$2.32	$1.51n/m	-$3.13n/m	-$3.30n/m	-$4.09-328.5%	$1.79-15.6%	$2.12n/m	-$7.72-565.1%	$1.66-43.2%	$2.92+52.1%	$1.92+111.0%	$0.91-58.6%	$2.20+22.2%	$1.80n/m	-$5.59-410.6%	$1.80
Diluted Shares (Avg)	N/A	53M+2.1%	52M+0.9%	52M+1.0%	51M-0.1%	51M+0.6%	51M+1.7%	50M-0.2%	50M-0.9%	51M+1.8%	50M+0.4%	50M+1.1%	49M+1.1%	49M+2.4%	47M-0.9%	48M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$1.6B+19.2%	$1.4B+11.5%	$1.5B+41.2%	$1.4B+30.7%	$1.4B+21.8%	$1.2B+18.8%	$1.1B+4.5%	$1.1B+2.1%
Cost of Revenue	$1.4B+21.1%	$1.2B+11.0%	$1.4B+26.2%	$1.2B+12.4%	$1.2B+16.6%	$1.1B+19.1%	$1.1B+10.8%	$1.1B+9.8%
Gross Profit	$211.3M+7.8%	$154.6M+15.1%	$147.7Mn/m	$169.4Mn/m	$196.0M+67.4%	$134.4M+16.6%	-$9.5M-119.3%	-$25.8M-150.7%
SG&A Expenses	$93.5M-21.8%	$95.5M+38.2%	$97.6M+27.1%	$129.3M+59.7%	$119.6M+56.1%	$69.1M+4.0%	$76.8M+7.5%	$81.0M+27.6%
Operating Income	$117.7M+54.0%	$59.2M-9.4%	$50.1Mn/m	$40.1Mn/m	$76.4M+88.7%	$65.3M+33.8%	-$86.2Mn/m	-$106.8Mn/m
EBITDA	$128.0M+43.2%	$70.7M-9.3%	$62.2Mn/m	$52.3Mn/m	$89.3M+63.9%	$77.9M+24.9%	-$73.6Mn/m	-$93.3Mn/m
Interest Expense	$13.7M+1.0%	$13.4M-6.7%	$13.5M-47.2%	$13.5M-36.2%	$13.6M-41.1%	$14.4M-25.7%	$25.5M+19.7%	$21.2M+4.5%
Income Tax	$30.8M+40.2%	$17.0M+31.5%	$11.4Mn/m	$15.2Mn/m	$22.0M+201.7%	$12.9M+76.7%	-$31.3Mn/m	-$33.9Mn/m
Net Income	$65.7M+229.1%	$25.7M-8.2%	$28.8Mn/m	$3.6Mn/m	$20.0M+2359.9%	$28.0M+77.7%	-$79.4Mn/m	-$100.9Mn/m
EPS (Basic)	$1.25+228.9%	$0.49-7.5%	$0.55n/m	$0.07n/m	$0.38+1800.0%	$0.53+76.7%	-$1.52n/m	-$1.92n/m
EPS (Diluted)	$1.23+223.7%	$0.48-9.4%	$0.54n/m	$0.07n/m	$0.38+1800.0%	$0.53+76.7%	-$1.52n/m	-$1.92n/m
Diluted Shares (Avg)	53M+0.5%	54M+1.4%	N/A	54M+2.4%	53M+0.7%	53M+0.9%	N/A	52M+0.8%

Not reported in any period shown, so not listed: R&D Expenses.

TPC Balance Sheet

TPC quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$5.2B+21.6%	$4.2B-4.2%	$4.4B-2.5%	$4.5B-3.9%	$4.7B-6.4%	$5.0B+12.5%	$4.5B+2.2%	$4.4B+2.9%	$4.3B+5.6%	$4.0B+4.6%	$3.9B+2.3%	$3.8B+11.1%	$3.4B+3.1%	$3.3B-8.8%	$3.6B
Current Assets	$4.1B+25.3%	$3.3B-6.7%	$3.5B-4.3%	$3.7B-4.8%	$3.9B-5.3%	$4.1B+16.2%	$3.5B+10.6%	$3.2B+3.3%	$3.1B+8.3%	$2.8B+8.8%	$2.6B+5.5%	$2.5B+18.5%	$2.1B+5.3%	$2.0B+1.6%	$2.0B
Cash & Equivalents	$734.6M+61.4%	$455.1M+19.6%	$380.6M+46.7%	$259.4M+28.3%	$202.2M-46.0%	$374.3M+93.2%	$193.7M+66.9%	$116.1M-39.8%	$192.9M+32.0%	$146.1M+93.6%	$75.5M-44.3%	$135.6M+13.1%	$119.9M-28.6%	$168.1M-17.7%	$204.2M
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0-100.0%	$46.3M0.0%	$46.3M-25.7%	$62.3M
Goodwill	$205.1M0.0%	$205.1M0.0%	$205.1M0.0%	$205.1M0.0%	$205.1M0.0%	$205.1M0.0%	$205.1M-64.9%	$585.0M0.0%	$585.0M0.0%	$585.0M0.0%	$585.0M0.0%	$585.0M+1.3%	$577.8M+1.2%	$570.6M-46.1%	$1.1B
Total Liabilities	$3.9B+26.4%	$3.1B-2.0%	$3.1B+1.5%	$3.1B+1.6%	$3.1B-12.9%	$3.5B+14.6%	$3.1B+17.5%	$2.6B+1.6%	$2.6B+3.0%	$2.5B+1.8%	$2.4B+1.4%	$2.4B+12.0%	$2.1B-0.1%	$2.2B-2.7%	$2.2B
Current Liabilities	$3.2B+38.9%	$2.3B+9.8%	$2.1B+8.0%	$2.0B+10.7%	$1.8B-21.5%	$2.3B+7.3%	$2.1B+32.0%	$1.6B+1.0%	$1.6B+4.1%	$1.5B+4.8%	$1.4B+6.6%	$1.4B+4.6%	$1.3B+5.2%	$1.2B-11.4%	$1.4B
Non-Current Liabilities	$658.3M-12.4%	$751.4M-26.4%	$1.0B-9.9%	$1.1B-11.0%	$1.3B+2.9%	$1.2B+31.0%	$945.4M-5.6%	$1.0B+2.5%	$977.5M+1.1%	$966.7M-2.6%	$992.3M-5.4%	$1.0B+23.2%	$851.4M-7.3%	$918.3M+12.0%	$820.1M
Long-Term Debt	$392.8M-23.0%	$510.0M-34.8%	$782.3M-11.9%	$888.2M-8.4%	$969.2M+4.8%	$925.3M+30.2%	$710.4M-4.6%	$744.7M+5.6%	$705.5M+4.7%	$673.6M-7.6%	$728.8M-7.1%	$784.1M+26.6%	$619.2M-7.5%	$669.4M+9.3%	$612.5M
Total Equity	$1.2B+7.4%	$1.1B-12.1%	$1.3B-10.9%	$1.4B-12.4%	$1.7B+6.5%	$1.6B+7.9%	$1.4B-20.4%	$1.8B+5.6%	$1.7B+10.3%	$1.6B+9.4%	$1.4B+4.0%	$1.4B+9.5%	$1.2B+9.1%	$1.1B-18.3%	$1.4B
Retained Earnings	$46.4Mn/m	-$30.6M-123.0%	$133.1M-56.2%	$304.3M-40.8%	$514.3M+21.8%	$422.4M+34.5%	$314.0M-55.3%	$701.7M+12.8%	$622.0M+31.3%	$473.6M+25.4%	$377.8M+13.6%	$332.5M+48.1%	$224.6M+63.6%	$137.3M-65.9%	$402.7M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$5.4B+10.1%	$5.1B+15.3%	$5.2B+21.6%	$5.2B+17.8%	$4.9B+13.4%	$4.5B+1.9%	$4.2B-4.2%	$4.4B-2.2%
Current Assets	$4.3B+10.4%	$4.1B+17.5%	$4.1B+25.3%	$4.2B+20.9%	$3.9B+14.8%	$3.5B+0.6%	$3.3B-6.7%	$3.5B-3.3%
Cash & Equivalents	$938.2M+78.3%	$803.0M+190.4%	$734.6M+61.4%	$695.7M+142.1%	$526.1M+97.0%	$276.5M-22.8%	$455.1M+19.6%	$287.4M-0.9%
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Goodwill	$205.1M0.0%	$205.1M0.0%	$205.1M0.0%	$205.1M0.0%	$205.1M0.0%	$205.1M0.0%	$205.1M0.0%	$205.1M0.0%
Total Liabilities	$4.0B+10.9%	$3.9B+18.5%	$3.9B+26.4%	$3.9B+24.0%	$3.6B+21.9%	$3.3B+6.5%	$3.1B-2.0%	$3.2B+0.1%
Current Liabilities	$3.3B+13.3%	$3.2B+22.1%	$3.2B+38.9%	$3.2B+43.7%	$3.0B+43.4%	$2.6B+28.6%	$2.3B+9.8%	$2.2B+9.6%
Non-Current Liabilities	$677.3M+0.4%	$662.9M+3.8%	$658.3M-12.4%	$703.5M-23.8%	$674.3M-26.5%	$638.5M-37.6%	$751.4M-26.4%	$922.7M-17.3%
Long-Term Debt	$391.3M-0.5%	$390.8M-0.2%	$392.8M-23.0%	$393.0M-40.1%	$393.3M-40.2%	$391.8M-49.8%	$510.0M-34.8%	$655.7M-25.2%
Total Equity	$1.3B+6.8%	$1.2B+4.6%	$1.2B+7.4%	$1.2B-1.8%	$1.2B-9.5%	$1.2B-11.2%	$1.1B-12.1%	$1.2B-8.9%
Retained Earnings	$110.5M+535.1%	$55.0Mn/m	$46.4Mn/m	$21.0M-57.0%	$17.4M-88.4%	-$2.6M-101.7%	-$30.6M-123.0%	$48.9M-73.0%

Not reported in any period shown, so not listed: Inventory, Accounts Receivable.

TPC Cash Flow Statement

TPC quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$796.9M	$748.1M+48.6%	$503.5M+63.2%	$308.5M+49.0%	$207.0Mn/m	-$148.5M-185.9%	$172.8M+26.5%	$136.5M+537.9%	$21.4M-86.9%	$163.6M+44.3%	$113.3M+705.4%	$14.1Mn/m	-$56.7M-211.7%	$50.7Mn/m	-$67.9Mn/m	-$31.6M
Depreciation & Amortization	N/A	$49.8M-7.4%	$53.8M+18.9%	$45.2M-29.7%	$64.4M-45.6%	$118.2M+10.5%	$107.0M+64.6%	$65.0M+37.6%	$47.3M-9.0%	$51.9M-22.8%	$67.3M+61.7%	$41.6M-22.5%	$53.7M-9.6%	$59.4M-3.3%	$61.5M+29.0%	$47.6M
Stock-Based Compensation	N/A	$150.0M+271.7%	$40.4M+229.2%	$12.3M+35.2%	$9.1M-22.1%	$11.6M-1.6%	$11.8M-38.2%	$19.1M-16.0%	$22.8M+7.6%	$21.2M+57.7%	$13.4M+41.6%	$9.5M-49.1%	$18.6M+181.1%	$6.6M-30.1%	$9.5M+7.4%	$8.8M
Capital Expenditures	$175.6M	$180.9M+383.5%	$37.4M-29.4%	$53.0M-11.4%	$59.8M+54.9%	$38.6M-29.5%	$54.8M-34.9%	$84.2M+9.2%	$77.1M+154.5%	$30.3M+92.3%	$15.7M-56.2%	$35.9M-52.1%	$75.0M+77.1%	$42.4M+2.4%	$41.4M-38.0%	$66.7M
Free Cash Flow	$621.3M	$567.2M+21.7%	$466.1M+82.4%	$255.5M+73.6%	$147.2Mn/m	-$187.0M-258.5%	$118.0M+125.5%	$52.3Mn/m	-$55.7M-141.8%	$133.3M+36.6%	$97.6Mn/m	-$21.8Mn/m	-$131.7M-1673.7%	$8.4Mn/m	-$109.2Mn/m	-$98.4M
Investing Cash Flow	-$281.3M	-$257.3Mn/m	-$40.7Mn/m	-$78.2Mn/m	-$65.6Mn/m	-$37.3Mn/m	-$46.4Mn/m	-$76.1Mn/m	-$70.2Mn/m	-$87.1Mn/m	-$13.8M	N/A	-$27.0Mn/m	-$43.6Mn/m	-$16.9Mn/m	-$375.2M
Financing Cash Flow	-$117.5M	-$184.8Mn/m	-$393.3Mn/m	-$109.4Mn/m	-$78.9Mn/m	-$54.7M-144.3%	$123.3M+466.7%	$21.8Mn/m	-$29.0Mn/m	-$75.4Mn/m	-$24.2M	N/A	$99.3Mn/m	-$55.3M-213.9%	$48.5M-65.3%	$139.7M
Dividends Paid	N/A	$3.2Mn/m	$0n/m	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0n/m	$0
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0n/m	$0

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$187.3M-28.6%	$146.9M+542.4%	$173.7M-47.3%	$289.1M+1181.7%	$262.4M+393.8%	$22.9M-76.7%	$329.6M+158.2%	$22.6M-78.1%
Depreciation & Amortization	$10.2M-20.8%	$11.5M-8.8%	$12.1M-4.4%	$12.2M-9.6%	$12.9M-7.9%	$12.6M-7.4%	$12.7M-4.2%	$13.5M+20.3%
Stock-Based Compensation	$27.9M-49.6%	$30.1M+357.7%	N/A	$58.7M+255.8%	$55.4M+227.8%	$6.6M+18.8%	N/A	$16.5M+371.4%
Capital Expenditures	$33.7M+25.5%	$18.0M-40.2%	$75.0M+719.9%	$49.0M+608.0%	$26.8M+145.8%	$30.1M+188.5%	$9.1M+24.2%	$6.9M-53.8%
Free Cash Flow	$153.6M-34.8%	$128.9Mn/m	$98.7M-69.2%	$240.2M+1435.3%	$235.6M+458.0%	-$7.2M-108.2%	$320.4M+166.4%	$15.6M-82.3%
Investing Cash Flow	-$47.9Mn/m	-$43.8Mn/m	-$126.4Mn/m	-$63.3Mn/m	-$43.8Mn/m	-$23.9Mn/m	-$13.4Mn/m	-$3.3Mn/m
Financing Cash Flow	-$21.0M-279.7%	-$46.5Mn/m	-$35.2Mn/m	-$14.8M-663.6%	$11.7Mn/m	-$146.4Mn/m	-$153.4Mn/m	$2.6Mn/m
Dividends Paid	$3.2Mn/m	$3.3Mn/m	N/A	N/A	$0	$0	N/A	N/A
Share Buybacks	$10.0Mn/m	$20.0Mn/m	N/A	N/A	$0	$0	N/A	N/A

TPC Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

TPC quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	11.7%+7.1pp	4.5%+0.9pp	3.6%+2.8pp	0.8%-9.3pp	10.1%+0.9pp	9.1%+3.7pp	5.4%-4.8pp	10.2%+0.6pp	9.6%+0.4pp	9.2%	N/A	N/A	N/A	N/A	N/A
Operating Margin	4.2%+6.6pp	-2.4%+0.5pp	-2.9%+2.5pp	-5.4%-10.3pp	4.9%0.0pp	4.9%+13.1pp	-8.2%-12.5pp	4.3%+0.5pp	3.8%-0.3pp	4.1%	N/A	N/A	N/A	N/A	N/A
Net Margin	1.5%+5.2pp	-3.8%+0.6pp	-4.4%+1.1pp	-5.5%-7.5pp	2.0%-0.1pp	2.0%+10.8pp	-8.7%-10.6pp	1.9%-1.2pp	3.1%+1.2pp	1.9%	N/A	N/A	N/A	N/A	N/A
Return on Equity	6.6%+21.0pp	-14.4%-1.2pp	-13.3%+1.2pp	-14.5%-20.0pp	5.5%-1.4pp	7.0%+33.9pp	-26.9%-31.5pp	4.6%-4.0pp	8.7%+2.5pp	6.2%+3.0pp	3.2%-4.7pp	7.9%+0.9pp	7.0%+30.2pp	-23.2%-29.3pp	6.2%
Return on Assets	1.6%+5.4pp	-3.9%0.0pp	-3.9%+0.8pp	-4.6%-6.6pp	1.9%-0.2pp	2.1%+10.8pp	-8.6%-10.5pp	1.9%-1.6pp	3.5%+1.1pp	2.4%+1.2pp	1.2%-1.7pp	2.9%+0.3pp	2.6%+10.6pp	-8.1%-10.4pp	2.4%
Current Ratio	1.27-0.1x	1.41-0.2x	1.66-0.2x	1.87-0.3x	2.17+0.4x	1.80+0.1x	1.66-0.3x	1.990.0x	1.94+0.1x	1.87+0.1x	1.800.0x	1.82+0.2x	1.610.0x	1.61+0.2x	1.40
Debt-to-Equity	0.32-0.1x	0.45-0.2x	0.610.0x	0.610.0x	0.590.0x	0.60+0.1x	0.49+0.1x	0.410.0x	0.410.0x	0.43-0.1x	0.51-0.1x	0.57+0.1x	0.50-0.1x	0.59+0.1x	0.44
Liabilities-to-Equity	3.20+0.5x	2.72+0.3x	2.44+0.3x	2.14+0.3x	1.84-0.4x	2.25+0.1x	2.12+0.7x	1.44-0.1x	1.49-0.1x	1.60-0.1x	1.720.0x	1.760.0x	1.72-0.2x	1.88+0.3x	1.58
Asset Turnover	1.07+0.1x	1.02+0.1x	0.880.0x	0.83-0.1x	0.98-0.1x	1.05+0.1x	0.990.0x	1.02-0.1x	1.12-0.1x	1.23	N/A	N/A	N/A	N/A	N/A
FCF Margin	10.2%-0.5pp	10.8%+4.2pp	6.6%+2.7pp	3.9%+7.9pp	-4.0%-6.3pp	2.2%+1.0pp	1.2%+2.4pp	-1.3%-4.0pp	2.8%+0.8pp	2.0%	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	12.9%-1.4pp	11.1%+0.3pp	9.8%+10.7pp	12.0%+14.4pp	14.3%+3.9pp	10.8%-0.2pp	-0.9%-5.7pp	-2.4%-7.2pp
Operating Margin	7.2%+1.6pp	4.3%-1.0pp	3.3%+11.4pp	2.8%+12.7pp	5.6%+2.0pp	5.2%+0.6pp	-8.1%-5.9pp	-9.9%-8.7pp
Net Margin	4.0%+2.6pp	1.8%-0.4pp	1.9%+9.3pp	0.3%+9.6pp	1.5%+1.4pp	2.3%+0.8pp	-7.4%-2.8pp	-9.3%-5.8pp
Return on Equity	5.2%+3.5pp	2.1%-0.3pp	2.4%+9.4pp	0.3%+8.6pp	1.7%+1.6pp	2.4%+1.2pp	-7.0%-3.3pp	-8.3%-5.5pp
Return on Assets	1.2%+0.8pp	0.5%-0.1pp	0.6%+2.4pp	0.1%+2.4pp	0.4%+0.4pp	0.6%+0.3pp	-1.9%-0.8pp	-2.3%-1.5pp
Current Ratio	1.290.0x	1.28-0.1x	1.27-0.1x	1.30-0.2x	1.32-0.3x	1.33-0.4x	1.41-0.2x	1.55-0.2x
Debt-to-Equity	0.310.0x	0.320.0x	0.32-0.1x	0.33-0.2x	0.33-0.2x	0.34-0.3x	0.45-0.2x	0.54-0.1x
Liabilities-to-Equity	3.18+0.1x	3.19+0.4x	3.20+0.5x	3.28+0.7x	3.06+0.8x	2.82+0.5x	2.72+0.3x	2.60+0.2x
Asset Turnover	0.310.0x	0.270.0x	0.290.0x	0.270.0x	0.280.0x	0.280.0x	0.250.0x	0.250.0x
FCF Margin	9.4%-7.8pp	9.3%+9.8pp	6.6%-23.5pp	17.0%+15.5pp	17.2%+13.4pp	-0.6%-8.9pp	30.0%+18.2pp	1.4%-6.9pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Tutor Perini Corporation TPC	FY2025	$5.5B	$80.4M	1.5%	$4.0B	55/100
Argan, Inc AGX	FY2026	$944.6M	$137.8M	14.6%	$4.6B	70/100
MYR Group, Inc. MYRG	FY2025	$3.7B	$118.4M	3.2%	$4.0B	54/100
Exponent Inc EXPO	FY2025	$582.0M	$106.0M	18.2%	$3.7B	70/100
Everus Construction Group, Inc. ECG	FY2025	$3.7B	$201.8M	5.4%	$4.8B	66/100
Granite Construction Inc. GVA	FY2025	$4.4B	$193.0M	4.4%	$4.7B	51/100

Where Tutor Perini Corporation Ranks

Frequently Asked Questions

What is Tutor Perini Corporation's annual revenue?

Tutor Perini Corporation (TPC) reported $5.5B in total revenue for fiscal year 2025. This represents a 28.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Tutor Perini Corporation's revenue growing?

Tutor Perini Corporation (TPC) revenue grew by 28.1% year-over-year, from $4.3B to $5.5B in fiscal year 2025.

Is Tutor Perini Corporation profitable?

Yes, Tutor Perini Corporation (TPC) reported a net income of $123.9M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $80.4M, with a net profit margin of 1.5%.

What is Tutor Perini Corporation's EBITDA?

Tutor Perini Corporation (TPC) had EBITDA of $281.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Tutor Perini Corporation have?

As of fiscal year 2025, Tutor Perini Corporation (TPC) had $734.6M in cash and equivalents against $392.8M in long-term debt.

What is Tutor Perini Corporation's gross margin?

Tutor Perini Corporation (TPC) had a gross margin of 11.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Tutor Perini Corporation's operating margin?

Tutor Perini Corporation (TPC) had an operating margin of 4.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Tutor Perini Corporation's net profit margin?

Tutor Perini Corporation (TPC) had a net profit margin of 1.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Tutor Perini Corporation pay dividends?

Yes, Tutor Perini Corporation (TPC) paid $0.06 per share in dividends during fiscal year 2025.

What is Tutor Perini Corporation's return on equity (ROE)?

Tutor Perini Corporation (TPC) has a return on equity of 6.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Tutor Perini Corporation's free cash flow?

Tutor Perini Corporation (TPC) generated $567.2M in free cash flow during fiscal year 2025. This represents a 21.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Tutor Perini Corporation's operating cash flow?

Tutor Perini Corporation (TPC) generated $748.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Tutor Perini Corporation's total assets?

Tutor Perini Corporation (TPC) had $5.2B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Tutor Perini Corporation's capital expenditures?

Tutor Perini Corporation (TPC) invested $180.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Tutor Perini Corporation have outstanding?

Tutor Perini Corporation (TPC) had 53M shares outstanding as of fiscal year 2025.

What is Tutor Perini Corporation's current ratio?

Tutor Perini Corporation (TPC) had a current ratio of 1.27 as of fiscal year 2025, which is considered adequate.

What is Tutor Perini Corporation's debt-to-equity ratio?

Tutor Perini Corporation (TPC) had a debt-to-equity ratio of 0.32 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

What is Tutor Perini Corporation's liabilities-to-equity ratio?

Tutor Perini Corporation (TPC) had a liabilities-to-equity ratio of 3.20 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

What is Tutor Perini Corporation's return on assets (ROA)?

Tutor Perini Corporation (TPC) had a return on assets of 1.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Tutor Perini Corporation's P/E ratio?

Tutor Perini Corporation (TPC) trades at 32.6x earnings, its market capitalization divided by $123.9M net income, trailing 12 months to June 30, 2026. The market capitalization is $4.0B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Tutor Perini Corporation's price-to-sales ratio?

Tutor Perini Corporation (TPC) trades at 0.7x sales, its market capitalization divided by $5.9B revenue, trailing 12 months to June 30, 2026. The market capitalization is $4.0B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Tutor Perini Corporation's Altman Z-Score?

Tutor Perini Corporation (TPC) has an Altman Z-Score of 2.06, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Tutor Perini Corporation's Piotroski F-Score?

Tutor Perini Corporation (TPC) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Tutor Perini Corporation's earnings high quality?

Tutor Perini Corporation (TPC) has an earnings quality ratio of 9.30x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Tutor Perini Corporation cover its interest payments?

Tutor Perini Corporation (TPC) has an interest coverage ratio of 4.22x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Tutor Perini Corporation?

Tutor Perini Corporation (TPC) scores 55 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.