Welcome to our dedicated page for Tutor Perini news (Ticker: TPC), a resource for investors and traders seeking the latest updates and insights on Tutor Perini stock.
Tutor Perini Corporation (NYSE: TPC) is a civil, building and specialty construction company whose news flow reflects activity across major infrastructure and building markets. Company press releases highlight contract awards, change orders, financial results and capital allocation decisions, giving investors and industry observers insight into its construction backlog and operating performance.
Recent announcements have described new and expanded projects such as a design change order for the City Center Guideway and Stations Project in Honolulu, a Central Utility Plant expansion for UC Davis Health in Sacramento, the Diego Rivera Performing Arts Center at City College of San Francisco, and multiple mechanical and electrical contracts in Florida and at the Port of Miami. Subsidiaries including Rudolph and Sletten, Perini Management Services, Inc., Nagelbush Mechanical and Fisk Electric Company feature prominently in these updates.
News about Tutor Perini also covers large military and defense-related contracts, such as a multiple-award task order contract with the U.S. Army Corps of Engineers Middle East District and a tool and die facility project for the Iowa Army Ammunition Plant. Financial news items include quarterly earnings releases, record operating cash flow and backlog figures, as well as the initiation of a quarterly dividend and authorization of a share repurchase program.
This page aggregates such releases and related coverage so readers can follow developments in Tutor Perini’s civil infrastructure, building and specialty contracting activities. By reviewing this news stream over time, users can see how new awards, project milestones and financial updates shape the company’s construction portfolio and strategic direction.
Tutor Perini (NYSE:TPC) was awarded a design change order valued at approximately $53 million for the City Center Guideway and Stations Project in Honolulu, HI.
The change order covers design of a rail extension that would lengthen the current terminus to connect Kaka’ako to Ala Moana and adds two stations along the alignment. The company said its total contract value could increase substantially if the Honolulu Authority for Rapid Transportation secures additional funding and elects to extend construction toward Ala Moana.
Tutor Perini (NYSE: TPC) subsidiary Rudolph and Sletten was awarded the UC Davis Health Central Utility Plant (CUP) Expansion contract for the Sacramento healthcare campus.
Key project features: a new two-story, 32,000-square-foot CUP Annex with plant operations and hospital support space; expansion of normal and emergency power including three 3MW generators; and renovations to the existing central plant (chilled/hot water systems, electrical reconfiguration, fuel oil capacity, industrial controls, control room and admin space).
Work is underway, with substantial completion expected in fall 2027. The current contract value is approximately $253 million, including $108 million added to the company backlog in Q4 2025.
Tutor Perini (NYSE: TPC) subsidiary Rudolph and Sletten was awarded a contract valued at approximately $155 million to build the Diego Rivera Performing Arts Center on the City College of San Francisco campus.
The project covers an approximately 78,000 square-foot theatrical and music arts building featuring a 631-seat main performing arts center with an 80-foot concrete fly tower, a 90-seat recital hall, scene shop, rehearsal spaces, and classroom and exhibit areas. Work starts immediately with substantial completion anticipated in fall 2028. The contract was added to company backlog in Q3 2025.
Tutor Perini Corporation (NYSE: TPC) announced that its subsidiary, Perini Management Services, Inc., was awarded a U.S. Army Corps of Engineers Middle East District multiple-award task order contract (MATOC) providing a $900 million shared capacity over seven years (two-year base period plus five one-year options) for design-bid-build services in Israel, primarily for the Israeli Ministry of Defense and other customers with requirements in Israel.
Perini Management Services will compete for individual task orders under the MATOC; eligible work may include maintenance, repairs, alteration, construction, demolition, excavation, airfield pavements, hangars, utility plants, maintenance facilities, warehouses, and other facilities. The award builds on PMSI's Middle East portfolio, which includes projects in Iraq, Afghanistan, Saudi Arabia, Pakistan, Lebanon, and Egypt.
Tutor Perini (NYSE: TPC) subsidiary Perini Management Services was awarded a contract valued at approximately $35.8 million by the U.S. Army Corps of Engineers, Omaha District to build a new 56,000 sq ft Tool and Die Facility at the Iowa Army Ammunition Plant in Middletown, IA.
The scope includes site work, structural steel and concrete, architectural finishes, HVAC, plumbing, fire protection, electrical, a facility-scale solar photovoltaic system, telecommunications and electronic security, overhead bridge cranes, and relocation of existing equipment. The facility is designed for LEED Silver certification and will have commissioning of major systems. Work began in November 2025 with substantial completion anticipated in June 2027. The $35.8M value was added to the company backlog in Q3 2025.
Tutor Perini (NYSE: TPC) declared a quarterly cash dividend of $0.06 per share payable December 23, 2025 to holders of record on December 9, 2025 (expected annualized dividend $0.24).
The Board also authorized a $200 million share repurchase program to buy shares in open-market or privately negotiated transactions, subject to market conditions. The actions follow record year-to-date operating cash flow of $574.4 million (including $289.1 million in Q3) and a record backlog of $21.6 billion, and come after three consecutive increases to 2025 earnings guidance.
Tutor Perini (NYSE:TPC) reported strong Q3 2025 results: revenue $1.42B (+31% Y/Y), income from construction operations $40.1M (vs. loss $106.8M prior year), GAAP EPS $0.07 and Adjusted EPS $1.15 for the quarter. The company generated record operating cash flow of $289.1M in Q3 and $574.4M YTD, and recorded a $21.6B backlog (+54% Y/Y) after $2.0B of new awards. Total debt fell to $413M, leaving a net cash position of $283M as of September 30, 2025. Tutor Perini raised 2025 Adjusted EPS guidance to $4.00–$4.20.
Tutor Perini (NYSE: TPC) will host a conference call on Wednesday, November 5, 2025 at 2:00 PM PT to discuss third quarter 2025 results. The company will issue its earnings release the same day after the market close.
Participants include Gary Smalley, CEO and President; Ryan Soroka, EVP and CFO; and Ronald Tutor, Executive Chairman. The live call is available by phone at 877-407-8293 (U.S.) or +1-201-689-8349 (international) and will be webcast on Tutor Perini's investor website at www.tutorperini.com. Investors should visit the website at least 15 minutes early to register and download any required software. A replay of the webcast will be available on the website shortly after the call.
Tutor Perini (NYSE: TPC) said its Florida subsidiary, Nagelbush Mechanical, secured multiple south Florida mechanical services contracts totaling $154.6 million.
The awards include work at Bentley Residences (62 stories, 213 units), 1428 Brickell Avenue (72 stories, 189 units), JEM Miami Worldcenter (61 stories; 530 rental apartments and 259 condos), and Namdar Tower 2 (42 stories, 712 rental units). These four contracts were added to backlog in Q3 2025.
Earlier, Nagelbush won the Olara project in West Palm Beach (26 stories; 287 condo units, 170 rental units, and 80,000 sq ft amenities), added to backlog in Q1 2025. Work is underway across the projects with substantial completion expected in Q2 2028.
Tutor Perini (NYSE: TPC) subsidiary Fisk Electric was awarded an approximately $43.4 million electrical contract for the Cruise Terminal G Complex at the Port of Miami.
Scope includes a new electrical vault, conduits for primary and emergency power, new main switchgear, automatic transfer switches, switchboards, and panelboards; 50 EV chargers in the Terminal G garage with infrastructure for up to 430 additional chargers; power to Terminal F chillers and fire pump; replacement of a 2000-KW generator; procurement/installation of three additional generators with emergency paralleling switchgear; and advanced lighting. Work has commenced and substantial completion is expected November 2027. The contract was added to backlog in Q3 2025.
FAQ
What is the current stock price of Tutor Perini (TPC)?
What is the market cap of Tutor Perini (TPC)?
