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NYSE · Industrials

TUTOR PERINI CORP (TPC)

As-reported financials and SEC filings for TUTOR PERINI CORP. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About TUTOR PERINI CORP

Tutor Perini Corporation is a construction company that provides general contracting, construction management, and design-build services to private customers and public agencies worldwide. The company operates through three segments: Civil, Building, and Specialty Contractors, focusing on infrastructure projects such as highways, bridges, tunnels, mass-transit systems, and various building developments including hospitality, healthcare, and government facilities. Tutor Perini serves clients across the United States and internationally, including major public infrastructure and private sector projects.

Snapshot

Revenue
$5.54B
Revenue growth (YoY)
28.1%
Net income
$80.4M
Diluted EPS
$1.51
Gross margin
11.7%
Operating margin
4.2%
Net margin
1.5%
FCF margin
10.2%
ROE
6.4%
net income / fiscal-year-end equity
P/E
39.6×
trailing when available, otherwise FY EPS
Market cap
$4.84B
Long-term debt / equity
0.31×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Tutor Perini

  • Revenue grew 28.1% to $5.5B in FY2025, faster than the 11.5% the year before.
  • Operating margin is 4.2% in FY2025, -0.7 pp against 4.9% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $1.6B, up 19.2% from Q2 FY2025.
  • Free cash flow was $567M in FY2025, 10.2% of revenue.
  • Net income turned positive at $80M in FY2025, from a $164M loss in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Tutor Perini’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin11.7%
17th percentile of 466
Operating margin4.2%
46th percentile of 605
Net margin1.5%
38th percentile of 645
FCF margin10.2%
71st percentile of 562
Revenue growth (YoY)+28.1%
88th percentile of 668
ROE6.4%
47th percentile of 600
P/E39.6×
79th percentile of 434
Long-term debt / equity0.31×
37th percentile of 409
Short interest2.97d
44th percentile of 676

Tutor Perini’s revenue growth of +28.1% ranks in the 88th percentile of the 668 Industrials companies reporting it.

No reported insider purchases (code P) in the last 90 days; 6 insider sales totaling $19.1M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+7 quant / multi-strat
Initiated / added
2
0 new, 2 added
Reduced / exited
6
6 trimmed, 0 exited
Combined position
$156.2M
reported long value
InvestorAs ofPosition valueSharesChange
Renaissance TechnologiesquantQ2 2026$66.4M800.3KReduced
AQR Capital ManagementquantQ2 2026$31.4M378.6KReduced
Millennium ManagementquantQ2 2026$22.3M268.9KReduced
Two Sigma InvestmentsquantQ2 2026$14.2M171.2KReduced
D. E. ShawquantQ2 2026$7.6M92.0KAdded
Citadel AdvisorsquantQ2 2026$7.5M90.6KReduced
Gotham Asset ManagementQ2 2026$4.7M57.0KReduced
Point72 Asset ManagementquantQ2 2026$2.0M24.6KAdded

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
6
$19.1M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-27
filed 2026-08-28
REISS DALE ANNEDirectorSell7.4K$92.02$681K
2026-08-27
filed 2026-08-28
REISS DALE ANNEDirectorSell6.0K$92.07$552K
2026-08-07
filed 2026-08-11
FELTENSTEIN SIDNEY JDirectorSell62.5K$98.18$6.1M
2026-08-07
filed 2026-08-11
FELTENSTEIN SIDNEY JDirectorSell52.6K$96.26$5.1M
2026-08-07
filed 2026-08-11
FELTENSTEIN SIDNEY JDirectorSell36.5K$97.50$3.6M
2026-08-07
filed 2026-08-11
FELTENSTEIN SIDNEY JDirectorSell32.7K$95.66$3.1M
2026-05-27
filed 2026-05-29
Lieber Robert CDirectorSell17.5K$75.36$1.3M
2026-05-19
filed 2026-05-21
Lieber Robert CDirectorSell10.0K$74.25$743K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
1.8M
settled 2026-08-14
Change vs prior
-28.0%
vs previous settlement
Days to cover
2.97
at avg daily volume
Avg daily volume
604.6K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-141.8M-28.0%2.97
2026-07-312.5M+12.6%1.71
2026-07-152.2M-5.2%4.59
2026-06-302.3M+11.3%3.18
2026-06-152.1M+11.6%4.48
2026-05-291.9M+4.5%3.70
2026-05-151.8M-1.9%2.74
2026-04-301.8M-6.7%4.13

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$5.54B$4.33B$3.88B$3.79B$4.64B
Gross profit$647.5M$197.0M$140.6M$29.6M$466.4M
Operating income$232.0M$-103.8M$-114.6M$-204.8M$226.8M
Net income$80.4M$-163.7M$-171.2M$-210.0M$91.9M
Diluted EPS$1.51$-3.13$-3.30$-4.09$1.79

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$748.1M$503.5M$308.5M$207.0M$-148.5M
Capital expenditure$180.9M$37.4M$53.0M$59.8M$38.6M
Free cash flow$567.2M$466.1M$255.5M$147.2M$-187.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$1.64B19.2%$65.7M$1.23
Q1 FY2026$1.39B11.5%$25.7M$0.48
Q4 FY2025$1.51B41.2%$28.8M$0.54
Q3 FY2025$1.42B30.7%$3.6M$0.07
Q2 FY2025$1.37B21.8%$20.0M$0.38
Q1 FY2025$1.25B18.8%$28.0M$0.53
Q4 FY2024$1.07B4.5%$-79.4M$-1.51
Q3 FY2024$1.08B2.1%$-100.9M$-1.92

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryGeneral Bldg Contractors - Nonresidential Bldgs
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2010
SEC CIK77543

Selected SEC filings

10-Q2026-08-05
View on EDGAR →
10-Q2026-05-06
View on EDGAR →
8-K2026-08-14
View on EDGAR →
8-K2026-08-05
View on EDGAR →
8-K2026-07-06
View on EDGAR →
8-K2026-06-22
View on EDGAR →

Largest Industrials peers

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.