Fundies.
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Tutor Perini Corporation

EDGAR
TPC Current report (8-K) · filed 2026-10-13

Annual consolidated revenue for 2025: about USD 5.543B, using the latest reported figures. The previous period, 2024, was about USD 4.327B.

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Watchlist

Latest quarter

Revenue

1.64 billion USD

2026 Q2 · USD

Exact inputs and evidence
  • Revenue: 1637047000 USD Source

Operating margin

7.19%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: 117735000 USD Source
  • Revenue: 1637047000 USD Source

Operating cash flow

187 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 334129000 USD Source
  • Operating Cash Flow: 146863000 USD Source

Free cash flow

154 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 334129000 USD Source
  • Operating Cash Flow: 146863000 USD Source
  • Capital Expenditure: 51672000 USD Source
  • Capital Expenditure: 17994000 USD Source
Cash and cash equivalents
938 million USD Source
Exact value

938215000 USD

Long-term debt including current maturities
396 million USD Source
Exact value

396345000 USD

Shares outstanding
52.6 million shares Source
Exact value

52569117 shares

Reported share-count change

-0.33% · -174 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 52743248 shares · 2025-06-30· Source
  • 52569117 shares · 2026-06-30· Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-13.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 8 of 11 periods available· newest 2025-12-31
  • Operating income: 8 of 11 periods available· newest 2025-12-31
  • Net income: 8 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 8 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 8 of 11 periods available· newest 2025-12-31
  • Total assets: 7 of 11 periods available· newest 2025-12-31
  • Total liabilities: 7 of 11 periods available· newest 2025-12-31
  • Current assets: 7 of 11 periods available· newest 2025-12-31
  • Current liabilities: 7 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 7 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 7 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 7 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +28.1%

    Prior period

    USD 4.33 billion

    –

    Current period

    USD 5.54 billion

    –

    Exact inputs and evidence

    5543039000 − 4326922000 = 1216117000 USD

    4326922000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    5543039000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    +USD 244.16 million

    Prior period

    −USD 163.72 million

    –

    Current period

    USD 80.44 million

    –

    Exact inputs and evidence

    80440000 − -163721000 = 244161000 USD

    -163721000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    80440000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +48.6%

    Prior period

    USD 503.54 million

    –

    Current period

    USD 748.07 million

    –

    Exact inputs and evidence

    748065000 − 503544000 = 244521000 USD

    503544000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    748065000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +383.5%

    Prior period

    USD 37.41 million

    –

    Current period

    USD 180.85 million

    –

    Exact inputs and evidence

    180854000 − 37409000 = 143445000 USD

    37409000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    180854000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 5.54 billion 100% of revenue
  • Operating costs Derived USD 5.31 billion 96% of revenue
  • Operating income USD 231.96 million 4.2% of revenue
  • Tax, interest and other Derived USD 151.52 million 2.7% of revenue
  • Net income USD 80.44 million 1.5% of revenue

Cash

  • Operating cash flow USD 748.07 million 13% of revenue
  • Capital expenditure USD 180.85 million 3.3% of revenue
  • Free cash flow Derived USD 567.21 million 10% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2018 96%
  • 2019 Operating loss: operating costs were 108% of revenue.
  • 2020 95%
  • 2021 95%
  • 2022 Operating loss: operating costs were 105% of revenue.
  • 2023 Operating loss: operating costs were 103% of revenue.
  • 2024 Operating loss: operating costs were 102% of revenue.
  • 2025 96%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2018 2018-01-01 – 2018-12-314454662000 4262786000 Derived 191876000 108440000 Derived 83436000 -55667000 Derived
Source
2019 2019-01-01 – 2019-12-314450832000 4815839000 Derived -365007000 22683000 Derived -387690000 52334000 Derived
Source
2020 2020-01-01 – 2020-12-315318763000 5056419000 Derived 262344000 153950000 Derived 108394000 117991000 Derived
Source
2021 2021-01-01 – 2021-12-314641830000 4415026000 Derived 226804000 134879000 Derived 91925000 -187048000 Derived
Source
2022 2022-01-01 – 2022-12-313790755000 3995519000 Derived -204764000 5245000 Derived -210009000 147191000 Derived
Source
2023 2023-01-01 – 2023-12-313880227000 3994824000 Derived -114597000 56558000 Derived -171155000 255518000 Derived
Source
2024 2024-01-01 – 2024-12-314326922000 4430675000 Derived -103753000 59968000 Derived -163721000 466135000 Derived
Source
2025 2025-01-01 – 2025-12-315543039000 5311078000 Derived 231961000 151521000 Derived 80440000 567211000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 5.5B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.6.0B4.5B3.0B1.5B0.0201820222025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Revenue4454662000
2019Revenue4450832000
2020Revenue5318763000
2021Revenue4641830000
2022Revenue3790755000
2023Revenue3880227000
2024Revenue4326922000
2025Revenue5543039000

Revenue growth

Change in revenue from the same financial period one year earlier.

28.1% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.32%18%5%-9%-22%201820222025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2018Year over yearNo prior comparable period
2019Year over year-0.1%
2020Year over year19.5%
2021Year over year-12.7%
2022Year over year-18.3%
2023Year over year2.4%
2024Year over year11.5%
2025Year over year28.1%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 4.2% 2025
Net margin 1.5% 2025
Free cash flow margin 10.2% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.12.3%6.7%1.0%-4.6%-10.3%201820222025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2018Operating margin4.3%
2019Operating margin-8.2%
2020Operating margin4.9%
2021Operating margin4.9%
2022Operating margin-5.4%
2023Operating margin-3%
2024Operating margin-2.4%
2025Operating margin4.2%
2018Net margin1.9%
2019Net margin-8.7%
2020Net margin2%
2021Net margin2%
2022Net margin-5.5%
2023Net margin-4.4%
2024Net margin-3.8%
2025Net margin1.5%
2018Free cash flow margin-1.2%
2019Free cash flow margin1.2%
2020Free cash flow margin2.2%
2021Free cash flow margin-4%
2022Free cash flow margin3.9%
2023Free cash flow margin6.6%
2024Free cash flow margin10.8%
2025Free cash flow margin10.2%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 748.1M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.819.8M559.8M299.8M39.8M-220.2M201820222025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Operating cash flow21402000
2019Operating cash flow136530000
2020Operating cash flow172772000
2021Operating cash flow-148454000
2022Operating cash flow206971000
2023Operating cash flow308471000
2024Operating cash flow503544000
2025Operating cash flow748065000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 567.2M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.627.6M408.8M190.1M-28.7M-247.4M201820222025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Free cash flow-55667000
2019Free cash flow52334000
2020Free cash flow117991000
2021Free cash flow-187048000
2022Free cash flow147191000
2023Free cash flow255518000
2024Free cash flow466135000
2025Free cash flow567211000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

75.5% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.82%61%41%20%0%2018-12-3120222025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2018-12-31Liabilities / assetsNot reportedNo source recorded
2019Liabilities / assets68.1%
2020Liabilities / assets69.4%
2021Liabilities / assets64.6%
2022Liabilities / assets68.3%
2023Liabilities / assets71%
2024Liabilities / assets72.7%
2025Liabilities / assets75.5%

Current assets to current liabilities

Current assets divided by current liabilities.

1.27× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.35×1.76×1.17×0.59×0.00×2018-12-3120222025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019Current assets / current liabilities1.66×
2020Current assets / current liabilities1.8×
2021Current assets / current liabilities2.17×
2022Current assets / current liabilities1.87×
2023Current assets / current liabilities1.66×
2024Current assets / current liabilities1.41×
2025Current assets / current liabilities1.27×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2018 2018-01-01 – 2018-12-31
USD 83.44 million
Exact value

Exact value: 83436000 USD

2018-01-01 – 2018-12-31: 83436000 USD Inspect Net Income Open source
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USD 21.4 million
Exact value

Exact value: 21402000 USD

2018-01-01 – 2018-12-31: 21402000 USD Inspect Operating Cash Flow Open source
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USD 77.07 million
Exact value

Exact value: 77069000 USD

2018-01-01 – 2018-12-31: 77069000 USD Inspect Capital Expenditure Open source
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−USD 55.67 million
Calculation and evidence

21402000 − 77069000 USD

Exact free cash flow: -55667000 USD

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2019 2019-01-01 – 2019-12-31
−USD 387.69 million
Exact value

Exact value: -387690000 USD

2019-01-01 – 2019-12-31: -387690000 USD Inspect Net Income Open source
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USD 136.53 million
Exact value

Exact value: 136530000 USD

2019-01-01 – 2019-12-31: 136530000 USD Inspect Operating Cash Flow Open source
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USD 84.2 million
Exact value

Exact value: 84196000 USD

2019-01-01 – 2019-12-31: 84196000 USD Inspect Capital Expenditure Open source
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USD 52.33 million
Calculation and evidence

136530000 − 84196000 USD

Exact free cash flow: 52334000 USD

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2020 2020-01-01 – 2020-12-31
USD 108.39 million
Exact value

Exact value: 108394000 USD

2020-01-01 – 2020-12-31: 108394000 USD Inspect Net Income Open source
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USD 172.77 million
Exact value

Exact value: 172772000 USD

2020-01-01 – 2020-12-31: 172772000 USD Inspect Operating Cash Flow Open source
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USD 54.78 million
Exact value

Exact value: 54781000 USD

2020-01-01 – 2020-12-31: 54781000 USD Inspect Capital Expenditure Open source
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USD 117.99 million
Calculation and evidence

172772000 − 54781000 USD

Exact free cash flow: 117991000 USD

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2021 2021-01-01 – 2021-12-31
USD 91.93 million
Exact value

Exact value: 91925000 USD

2021-01-01 – 2021-12-31: 91925000 USD Inspect Net Income Open source
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−USD 148.45 million
Exact value

Exact value: -148454000 USD

2021-01-01 – 2021-12-31: -148454000 USD Inspect Operating Cash Flow Open source
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USD 38.59 million
Exact value

Exact value: 38594000 USD

2021-01-01 – 2021-12-31: 38594000 USD Inspect Capital Expenditure Open source
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−USD 187.05 million
Calculation and evidence

-148454000 − 38594000 USD

Exact free cash flow: -187048000 USD

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2022 2022-01-01 – 2022-12-31
−USD 210.01 million
Exact value

Exact value: -210009000 USD

2022-01-01 – 2022-12-31: -210009000 USD Inspect Net Income Open source
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USD 206.97 million
Exact value

Exact value: 206971000 USD

2022-01-01 – 2022-12-31: 206971000 USD Inspect Operating Cash Flow Open source
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USD 59.78 million
Exact value

Exact value: 59780000 USD

2022-01-01 – 2022-12-31: 59780000 USD Inspect Capital Expenditure Open source
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USD 147.19 million
Calculation and evidence

206971000 − 59780000 USD

Exact free cash flow: 147191000 USD

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2023 2023-01-01 – 2023-12-31
−USD 171.16 million
Exact value

Exact value: -171155000 USD

2023-01-01 – 2023-12-31: -171155000 USD Inspect Net Income Open source
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USD 308.47 million
Exact value

Exact value: 308471000 USD

2023-01-01 – 2023-12-31: 308471000 USD Inspect Operating Cash Flow Open source
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USD 52.95 million
Exact value

Exact value: 52953000 USD

2023-01-01 – 2023-12-31: 52953000 USD Inspect Capital Expenditure Open source
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USD 255.52 million
Calculation and evidence

308471000 − 52953000 USD

Exact free cash flow: 255518000 USD

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2024 2024-01-01 – 2024-12-31
−USD 163.72 million
Exact value

Exact value: -163721000 USD

2024-01-01 – 2024-12-31: -163721000 USD Inspect Net Income Open source
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USD 503.54 million
Exact value

Exact value: 503544000 USD

2024-01-01 – 2024-12-31: 503544000 USD Inspect Operating Cash Flow Open source
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USD 37.41 million
Exact value

Exact value: 37409000 USD

2024-01-01 – 2024-12-31: 37409000 USD Inspect Capital Expenditure Open source
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USD 466.14 million
Calculation and evidence

503544000 − 37409000 USD

Exact free cash flow: 466135000 USD

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2025 2025-01-01 – 2025-12-31
USD 80.44 million
Exact value

Exact value: 80440000 USD

2025-01-01 – 2025-12-31: 80440000 USD Inspect Net Income Open source
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USD 748.07 million
Exact value

Exact value: 748065000 USD

2025-01-01 – 2025-12-31: 748065000 USD Inspect Operating Cash Flow Open source
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USD 180.85 million
Exact value

Exact value: 180854000 USD

2025-01-01 – 2025-12-31: 180854000 USD Inspect Capital Expenditure Open source
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USD 567.21 million
Calculation and evidence

748065000 − 180854000 USD

Exact free cash flow: 567211000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

154 filings · 24,014 latest values · 24,014 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000077543, 77543, TPC, edgar:77543, tpc

Also known as PERINI CORP, TUTOR PERINI CORP, TUTOR PERINI Corp, TUTOR PERINI Corp , Tutor Perini Corporation