Tutor Perini Corporation (TPC) AI Stock Analysis

NYSE: TPCAI research summary: business, growth, valuation, analysts, bull and bear case.

TPC AI stock analysis summary

AI Research

Tutor Perini Corporation (TPC) is a global construction firm providing general contracting, construction management, and specialty services across public and private sectors. The company rebounded to profitability in FY2025 with net income of $80.4M on revenue of $5.54B, while generating $567.2M in free cash flow. As of June 30, 2026, Tutor Perini maintained a net cash position of $744.2M.

Market cap
$4.09B
Revenue (TTM)
$5.95B
P/E
33.5x
fwd 12.9x
1Y return
21.4%
S&P 500 16.8%
Avg. target
$116.25
49.7% vs last close

Bull case

  • Free cash flow expanded to $567.2M in FY2025, supported by $748.1M in operating cash flow.
  • The company maintains a strong liquidity profile with $744.2M in net cash and $1.21B in cash and short-term investments as of June 30, 2026.
  • All 4 covering analysts rate the stock a Strong Buy, targeting a mean price of $116.25 that represents 49.7% upside over the last close.

Bear case

  • Tutor Perini recorded net income of -$210.0M in FY2022 and remained unprofitable through FY2024.
  • The company's trailing operating margin of 7.2% remains below the US-listed Industrials peer median of 11.7%.
  • Long-term revenue expansion has been muted, evidenced by a 5-year compound annual growth rate of 0.8% from FY2020 to FY2025.

What Tutor Perini does

Tutor Perini Corporation delivers general contracting, construction management, and design-build services globally to public agencies and private clients. The company operates through three segments: Civil, Building, and Specialty Contractors. The Civil segment handles public infrastructure projects including highways, bridges, tunnels, mass-transit systems, military facilities, and water management installations, alongside foundation and excavation services. The Building segment serves specialized markets such as healthcare, hospitality, transportation, commercial offices, sports venues, education, and biotechnology. The Specialty Contractors segment provides electrical, mechanical, plumbing, fire protection, and HVAC systems, along with pre-construction planning and site preparation.

Growth and profitability

Tutor Perini experienced revenue volatility over recent years, with revenue contracting 18.3% to $3.79B in FY2022 before expanding 28.1% to $5.54B in FY2025. Over the five-year period from FY2020 to FY2025, revenue grew at a compound annual growth rate of 0.8%. Operating margin improved from -5.4% in FY2022 to 4.2% in FY2025, while gross margin expanded to 11.7%. The company returned to net profitability in FY2025 with net income of $80.4M and diluted EPS of $3.13, following three consecutive unprofitable years including net income of -$163.7M in FY2024. For the latest quarter ended June 30, 2026, quarterly revenue increased 19.2% year-over-year, and quarterly earnings grew 224.7%.

TPC income statement →

Balance sheet and cash flow

As of June 30, 2026, Tutor Perini held $1.21B in cash and short-term investments against total debt of $464.9M, resulting in a net cash position of $744.2M. The company reported a current ratio of 1.29 and a debt-to-equity ratio of 0.37 on shareholders' equity of $1.27B. In FY2025, operating cash flow reached $748.1M, supporting capital expenditures of $180.9M and yielding free cash flow of $567.2M. Tutor Perini also paid $3.2M in dividends during FY2025, while its share count rose 4.1% over five years.

TPC balance sheet →

Valuation and performance

Tutor Perini carries a market capitalization of $4.09B and an enterprise value of $3.89B. The stock trades at a trailing P/E of 33.5x, above the 24.8x median of its US-listed Industrials peers, but its forward P/E of 12.9x is lower than the peer median of 17.2x. Additionally, its EV/EBITDA of 11.2x and price-to-sales of 0.7x sit below peer medians of 13.9x and 1.5x, respectively. Over the past year, TPC returned 21.4%, outperforming the S&P 500 return of 16.8%, and delivered a 497.1% five-year return compared to 83.0% for the index.

TPC key metrics →

TPC dividend

Tutor Perini pays a quarterly dividend with an annualized forward rate of $0.36, representing a dividend yield of 0.46%. The company has paid dividends for 2 consecutive years and maintains a payout ratio of 5.4%. Its most recent ex-dividend date was August 19, 2026.

TPC dividend history →

What analysts expect

Wall Street coverage consists of 4 Strong Buy ratings, with zero Buy, Hold, Sell, or Strong Sell recommendations. The mean price target of $116.25 sits 49.7% above the last close of $77.65. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $5.38 on revenue of $6.38B, representing 256.0% earnings growth. Tutor Perini beat EPS estimates in each of the last 4 quarters, with next earnings scheduled for November 4, 2026.

TPC forecast and price target →

Key risks and what to watch

  • The stock exhibits elevated market volatility, reflected in a beta of 2.06.
  • Profitability has fluctuated widely in recent years, with gross margin dropping to 0.8% in FY2022 before recovering to 11.7% in FY2025.
  • The stock traded at $77.65, which is 4.2% below its 200-day moving average.
  • The business operates on narrow margins, generating a trailing twelve months profit margin of 2.1%.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this TPC AI stock analysis

This page is an AI-written research summary of Tutor Perini Corporation (TPC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: TPC income statement, TPC balance sheet, TPC key metrics, TPC analyst forecast, TPC chart. See the TPC stock overview for the latest quote and news.

TPC AI stock analysis FAQ

What is Tutor Perini's dividend yield and payment schedule?

Tutor Perini offers an annual forward dividend of $0.36 per share, translating to a dividend yield of 0.46%. Payments are distributed quarterly, supported by a 5.4% payout ratio.

What are analysts expecting for Tutor Perini's financial performance?

For the fiscal year ending December 31, 2026, analysts estimate EPS of $5.38 on revenue of $6.38B, reflecting 256.0% projected EPS growth. For FY2027, consensus projections anticipate EPS of $6.07 on revenue of $7.19B.

What is Tutor Perini's financial and liquidity position?

As of June 30, 2026, Tutor Perini reported $1.21B in cash and short-term investments and $464.9M in total debt, giving it a net cash balance of $744.2M alongside a debt-to-equity ratio of 0.37.

When does Tutor Perini report its next quarterly earnings?

Tutor Perini is scheduled to release quarterly financial results on November 4, 2026, having exceeded EPS estimates in each of the past 4 quarters.

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