Tutor Perini Corporation

Tutor Perini Corporation

Civil, building, and specialty construction contractor

Overview

Tutor Perini provides civil, building and specialty construction services for private clients and public agencies around the world, handling large, complex projects such as highways, bridges, tunnels, mass transit, hotels and casinos, government facilities, schools and healthcare buildings. Its work is delivered through a family of companies that offers end-to-end construction capabilities, including planning, electrical, mechanical, plumbing, HVAC, fire protection and pneumatically-placed concrete, with in-house project management to control schedule and cost. The company differs from competitors by its long history (since 1894), breadth across civil, building, and specialty trades, and its position as a one-stop shop that manages risk, schedule and delivery for large infrastructure and building projects. Its goal is to complete large, sophisticated infrastructure and building assignments on time and within budget while expanding market leadership in its key sectors.

About Tutor Perini Corporation

Simplify's Rating
Why Tutor Perini Corporation is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Los Angeles, California

Founded

1894

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Simplify's Take

What believers are saying

  • Backlog conversion drove 11% Q1 2026 revenue growth to $1.39 billion.
  • Cash exceeded total debt by $404 million, enabling bids, buybacks, and refinancing.
  • Perini Management Services won a $2 billion Army Corps MATOC over ten years.

What critics are saying

  • Philadelphia awarded Chestlen $174.6 million on April 10, 2026; appeal risk remains severe.
  • Q1 revenue missed consensus by roughly $40 million, exposing persistent project-timing volatility.
  • One large megaproject failure would damage margins, backlog quality, and earnings visibility.

What makes Tutor Perini Corporation unique

  • Tutor Perini is a civil, building, and specialty contractor with $19.8 billion backlog.
  • Q1 2026 operating cash flow hit $146.9 million, up 542% year over year.
  • Management says 2027 adjusted EPS will exceed 2026 guidance, supported by backlog.

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Funding

Total Funding

$400M

Above

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

401(k) Retirement Plan

Flexible Work Hours

Stock Price

Company News

Yahoo Finance
Feb 27th, 2026
Tutor Perini stock drops 7.5% despite beating Q4 earnings forecasts with $1.07 per share profit

Tutor Perini shares fell 7.5% despite beating analyst expectations in its fourth-quarter results. The civil construction firm reported earnings of $1.07 per share on sales exceeding $1.5 billion, surpassing forecasts of $0.62 per share on $1.35 billion revenue. The company's fourth-quarter sales surged 41% year over year, whilst full-year revenue reached a record $5.5 billion, up 28%. Free cash flow increased 22% to $567.3 million. Tutor Perini guided 2026 earnings between $4.90 and $5.30 per share, representing 19% growth at the midpoint and exceeding Wall Street's $4.82 estimate. The stock trades at 16.3 times pro forma profits and 7.7 times trailing free cash flow, despite the post-earnings decline.

Yahoo Finance
Feb 26th, 2026
Tutor Perini reports record $5.5B revenue and $748M operating cash flow in 2025, up 28% and 49% Y/Y

Tutor Perini, a US construction company, reported record 2025 results with revenue of $5.5 billion, up 28% year-over-year, and operating cash flow of $748.1 million, up 49%. The company swung to income from construction operations of $232.0 million from a loss of $103.8 million in 2024. Diluted earnings per share reached $1.51, compared to a loss of $3.13 in 2024, whilst adjusted EPS was $4.29. The company reduced total debt by $126.8 million, or 24%, during the year, including full payoff of its Term Loan B. Tutor Perini's backlog stood at $20.6 billion as of 31st December 2025, up 10% year-over-year. For 2026, the company expects double-digit revenue growth and adjusted EPS between $4.90 and $5.30.

Yahoo Finance
Feb 25th, 2026
Tutor Perini reports Q4 earnings tomorrow with 26.7% revenue growth expected

Tutor Perini, a general contracting company, will report fourth-quarter earnings tomorrow after market close. Analysts expect revenue to grow 26.7% year-on-year, an improvement from the 4.5% increase recorded in the same quarter last year. The company beat revenue expectations last quarter, reporting $1.42 billion in revenues, up 30.7% year-on-year. However, Tutor Perini has missed Wall Street's revenue estimates multiple times over the past two years. Analysts have generally reconfirmed their estimates over the last 30 days. The company's share price has risen 9.2% over the past month, outperforming the construction and maintenance services segment's average gain of 5.3%. The average analyst price target stands at $91.50, compared to the current share price of $86.61.

Construction Dive
Dec 12th, 2025
Tutor Perini subsidiary stamps $35.8M USACE contract

Tutor Perini subsidiary stamps $35.8M USACE contract. Tutor Perini Management Services will build a 56,000-square-foot tool and die facility at the Iowa Army Ammunition Plant in Middleton. A Tutor Perini subsidiary has stamped out a new contract with the U.S. Army Corps of Engineers. Tutor Perini Management Services, a unit of the Los Angeles-based contractor, has won a $35.8 million job for the construction of a new tool and die facility at the Iowa Army Ammunition Plant in Middletown, Iowa, according to a news release. The facility will encompass approximately 56,000 square feet of industry space. Scope includes: * Site development. * Utilities and infrastructure. * Structural steel and concrete systems. * Architectural finishes. * HVAC and plumping. * Fire protection systems. * Electrical distribution and lighting. * A facility-scale solar photovoltaic system. * Telecommunications and electronic security systems. * Installation of overhead bridge cranes. The project will also relocate equipment from an existing facility and will be designed to meet LEED Silver certification. Tutor Perini's various business units have regularly helped the heavy civil contractor diversify across geographies and different project types. In 2024, the U.S. Air Force tapped Black Construction, the firm's Guam-based subsidiary, for a $74.4 million child development center at Andersen Air Force Base on the island. In September, its Black River Falls, Wisconsin-based subsidiary Lunda Construction landed a $60.2 million dam rehab project from forestry products company Domtar to update a 113-year-old structure in Rothschild, Wisconsin. Work on the Iowa tool and die facility commenced last month. The firm anticipates substantial completion in June 2027.

Honolulu Authority for Rapid Transportation
Dec 9th, 2025
Public Invited to Second and Final City Center Guideway and Stations Hōlua (Chinatown) Station Neighborhood Design Workshop

Home > media > news articles > public invited to second and final City Center Guideway and Stations hōlua (Chinatown) Station Neighborhood Design Workshop. WHAT // City Center Guideway and Stations Chinatown Station Neighborhood Design Workshop #2 WHEN // Thursday, December 11, 2025 from 6:00 p.m. to 8:30 p.m. DETAILS // The Honolulu Authority for Rapid Transportation (HART) and City Center Guideway and Stations contractor Tutor Perini Corporation invite the public to attend the second and final Hōlau (Chinatown) Station Neighborhood Design Workshop. Attendees will have the opportunity to review feedback received at the first workshop, provide input on updated station designs, vote on select design options, and share feedback on neighborhood integration of the Chinatown Station, which will be located at the intersection of Nimitz Highway and Kekaulike Street. This is the last workshop that will be held for Chinatown Station. Honolulutransit encourage everyone to take part in this important event and share your insights as Honolulutransit continue shaping a station that reflects and serves your community.

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