TPC
$77.65-1.27%
Tutor Perini CorporationStock · IndustrialsRussell 2000 0.1%Russell 3000 0.006%US Stock Market 0.005%
TPC financial statements
The full income statement, balance sheet, and cash-flow statement for Tutor Perini Corporation (TPC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 52.4M2024-09 52.4M2024-12 52.5M2025-03 52.7M2025-06 52.7M2025-09 52.7M2025-12 52.8M2026-03 52.6M2026-06 52.6M+0.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 5.54B+28.1% | 4.33B+11.5% | 3.88B+2.4% | 3.79B-18.3% | 4.64B-12.7% | |
| 648M+228.6% | 197M+40.1% | 141M+374.9% | 29.6M-93.7% | 466M-4.1% | ||
| Cost of revenue | 4.90B+18.5% | 4.13B+10.4% | 3.74B-0.6% | 3.76B-9.9% | 4.18B-13.6% | |
| Selling, general & administrative | 416M+38.2% | 301M+17.9% | 255M+8.9% | 234M-2.2% | 240M+7.0% | |
| General & administrative | 416M+38.2% | 301M+17.9% | 255M+8.9% | 234M-2.2% | 240M+7.0% | |
| Amortization of intangibles | 2.24M+0.0% | 2.24M-0.0% | 2.24M-84.6% | 14.5M-59.1% | 35.5M+10.4% | |
| Operating income | 232M+323.6% | -104M+9.5% | -115M+44.0% | -205M-190.3% | 227M-13.5% | |
| Interest expense | 55.0M-38.3% | 89.1M+4.7% | 85.2M+22.3% | 69.6M+0.9% | 69.0M-9.4% | |
| Other non-operating income | 27.5M+38.4% | 19.9M+15.6% | 17.2M+155.5% | 6.73M+235.9% | 2.00M+116.9% | |
| Pre-tax income | 205M+218.2% | -173M+5.2% | -183M+31.8% | -268M-267.5% | 160M-8.3% | |
| Income tax | 61.4M+221.2% | -50.7M+7.8% | -55.0M+26.8% | -75.1M-393.0% | 25.6M+16.8% | |
| 80.4M+149.1% | -164M+4.3% | -171M+18.5% | -210M-328.5% | 91.9M-15.2% | ||
| Net income to non-controlling interest | 62.6M+51.4% | 41.4M-5.0% | 43.6M+149.8% | 17.4M-58.7% | 42.2M-3.9% | |
| $1.51+148.2% | -$3.13+5.2% | -$3.30+19.3% | -$4.09-328.5% | $1.79-15.6% | ||
| EPS (basic) | $1.53+148.9% | -$3.13+5.2% | -$3.30+19.3% | -$4.09-327.2% | $1.80-15.9% | |
| Weighted-avg shares (basic) | 52.7M+0.7% | 52.3M+0.9% | 51.8M+1.0% | 51.3M+0.6% | 51.0M+0.7% | |
| Weighted-avg shares (diluted) | 53.4M+2.1% | 52.3M+0.9% | 51.8M+1.0% | 51.3M-0.1% | 51.4M+0.6% | |
| Dividends per share | $0.06 | — | — | — | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 4.12B+25.3% | 3.29B-6.7% | 3.52B-4.3% | 3.68B-4.8% | 3.86B-5.3% | ||
| Cash & equivalents | 735M+61.4% | 455M+19.6% | 381M+46.7% | 259M+28.3% | 202M-46.0% | |
| Accounts receivable | 1.22B+23.5% | 987M-6.4% | 1.05B-10.0% | 1.17B-19.5% | 1.45B+2.8% | |
| Other current assets | 411M+113.1% | 193M-11.3% | 218M+21.4% | 179M-4.0% | 187M-25.1% | |
| 5.16B+21.6% | 4.24B-4.2% | 4.43B-2.5% | 4.54B-3.9% | 4.72B-6.4% | ||
| Property, plant & equipment | 548M+29.6% | 423M-4.1% | 441M+1.4% | 435M+1.3% | 430M-12.2% | |
| Operating lease right-of-use | 58.6M+40.6% | 41.7M-14.7% | 48.9M-3.8% | 50.8M-4.9% | 53.5M-4.4% | |
| Goodwill | 205M+0.0% | 205M+0.0% | 205M+0.0% | 205M+0.0% | 205M+0.0% | |
| Intangible assets | 63.8M-3.4% | 66.1M-3.3% | 68.3M-3.2% | 70.5M-17.1% | 85.1M-30.9% | |
| Deferred tax assets | 96.6M-32.6% | 143M+93.4% | 74.1M+365.6% | 15.9M+645.9% | 2.13M+25.8% | |
| Other non-current assets | 130M+9.6% | 119M-0.9% | 120M-12.9% | 137M-3.7% | 143M-3.5% | |
| 3.24B+38.9% | 2.33B+9.8% | 2.12B+8.0% | 1.97B+10.7% | 1.78B-21.5% | ||
| Accounts payable | 725M+14.8% | 631M+35.3% | 467M-5.8% | 495M-3.3% | 512M-35.6% | |
| Accrued liabilities | 396M+80.4% | 220M+2.4% | 214M+19.4% | 180M-14.5% | 210M-2.4% | |
| Deferred revenue | 1.84B+51.1% | 1.22B+10.2% | 1.10B+13.1% | 976M+28.1% | 762M-9.2% | |
| Short-term & current debt | 14.6M-39.5% | 24.1M-79.5% | 117M+67.1% | 70.3M+188.0% | 24.4M-75.6% | |
| Current lease liability | 11.8M+66.5% | 7.07M+12.6% | 6.28M-6.5% | 6.71M-10.3% | 7.48M-2.3% | |
| 3.90B+26.4% | 3.08B-2.0% | 3.15B+1.5% | 3.10B+1.6% | 3.05B-12.9% | ||
| Long-term debt | 393M-23.0% | 510M-34.8% | 782M-11.9% | 888M-8.4% | 969M+4.8% | |
| Non-current lease liability | 51.8M+34.0% | 38.6M-19.2% | 47.8M-2.8% | 49.2M-1.8% | 50.1M-2.5% | |
| Operating lease liability (total) | 63.5M+39.1% | 45.7M-15.5% | 54.1M-3.3% | 55.9M-2.9% | 57.5M-2.5% | |
| Deferred tax liabilities | 0.00 | 0.00-100.0% | 956K-79.4% | 4.65M-93.5% | 71.0M-14.4% | |
| Other non-current liabilities | 265M+10.0% | 241M+1.5% | 238M-1.1% | 240M+2.8% | 234M+1.6% | |
| 1.22B+7.4% | 1.13B-12.1% | 1.29B-10.9% | 1.45B-12.4% | 1.65B+6.5% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 52.8M+0.6% | 52.5M+0.9% | 52.0M+1.0% | 51.5M+0.8% | 51.1M+0.5% | |
| Additional paid-in capital | 1.15B+0.2% | 1.15B+0.1% | 1.15B+0.5% | 1.14B+0.7% | 1.13B+0.5% | |
| Retained earnings | 46.4M+251.9% | -30.6M-123.0% | 133M-56.2% | 304M-40.8% | 514M+21.8% | |
| Accumulated other comprehensive income | -29.2M+14.0% | -34.0M+14.6% | -39.8M+15.4% | -47.0M-7.8% | -43.6M+6.6% | |
| Non-controlling interest | 44.0M+84.3% | 23.9M+411.1% | -7.68M+0.7% | -7.73M-141.1% | 18.8M+272.3% | |
| Total equity incl. non-controlling | 1.26B+9.0% | 1.16B-9.8% | 1.28B-11.0% | 1.44B-13.8% | 1.67B+8.5% | |
| Total liabilities & equity | 5.16B+21.6% | 4.24B-4.2% | 4.43B-2.5% | 4.54B-3.9% | 4.72B-6.4% | |
| Common shares issued | 52.8M+0.6% | 52.5M+0.9% | 52.0M+1.0% | 51.5M+0.8% | 51.1M+0.5% | |
| Common shares outstanding | 52.8M+0.6% | 52.5M+0.9% | 52.0M+1.0% | 51.5M+0.8% | 51.1M+0.5% | |
| Shares outstanding (cover) | 52.8M+0.6% | 52.5M+0.9% | 52.0M+1.0% | 51.5M+0.8% | 51.1M+0.4% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 748M+48.6% | 504M+63.2% | 308M+49.0% | 207M+239.4% | -148M-185.9% | ||
| Depreciation & amortization | 49.8M-7.4% | 53.8M+18.9% | 45.2M-29.7% | 64.4M-45.6% | 118M+10.5% | |
| Intangible amortization | 2.24M+0.0% | 2.24M-0.0% | 2.24M-84.6% | 14.5M-59.1% | 35.5M+10.4% | |
| Share-based compensation | 150M+271.7% | 40.4M+229.2% | 12.3M+35.2% | 9.06M-22.1% | 11.6M-1.6% | |
| Deferred income taxes | 46.9M+160.1% | -78.0M-20.3% | -64.8M+18.4% | -79.4M-472.1% | -13.9M-128.8% | |
| Change in receivables | 230M+443.3% | -66.9M+42.5% | -116M+57.9% | -276M-964.7% | 32.0M-69.5% | |
| Change in payables | 93.5M-43.3% | 165M+672.6% | -28.8M-82.5% | -15.8M+94.4% | -283M-353.3% | |
| -257M-532.4% | -40.7M+48.0% | -78.2M-19.2% | -65.6M-75.8% | -37.3M+19.5% | ||
| Capital expenditure | 181M+383.5% | 37.4M-29.4% | 53.0M-11.4% | 59.8M+54.9% | 38.6M-29.5% | |
| Free cash flow | 567M+21.7% | 466M+82.4% | 256M+73.6% | 147M+178.7% | -187M-258.5% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | 8.88M+86.8% | 4.75M-52.8% | 10.1M+17.0% | 8.60M+18.7% | 7.25M-50.2% | |
| -185M+53.0% | -393M-259.6% | -109M-38.6% | -78.9M-44.3% | -54.7M-144.3% | ||
| Long-term debt issued | 188M-76.1% | 787M+10.5% | 712M+2.7% | 694M-6.3% | 741M-43.1% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 3.17M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net change in cash | 306M+340.2% | 69.5M-42.5% | 121M+93.6% | 62.4M+126.0% | -240M-196.3% | |
| Interest paid | 50.4M-31.6% | 73.7M-8.2% | 80.3M+24.0% | 64.8M+1.6% | 63.8M+11.8% | |
| Income taxes paid | 8.71M-51.8% | 18.1M+2082.2% | 828K-91.7% | 9.95M+219.9% | -8.30M-174.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 3.54B+178.6% | 1.27B+168.3% | 473M+21.8% | 389M-38.5% | 632M-4.1% | |
| P/E | 44.0× | — | — | — | 6.9×+13.0% | |
| P/S | 0.6×+117.4% | 0.3×+133.5% | 0.1×+26.8% | 0.1×-27.2% | 0.1×+9.8% | |
| P/B | 2.9×+159.4% | 1.1×+214.8% | 0.4×+40.5% | 0.3×-33.8% | 0.4×-10.0% | |
| P/FCF | 6.2×+128.9% | 2.7×-57.4% | 6.4×+231.4% | 1.9× | — | |
| Earnings yield | 2.3% | — | — | — | 14.5%-11.5% | |
| FCF yield | 16.0%-56.3% | 36.7%+135.0% | 15.6%-69.8% | 51.8% | — | |
| Dividend yield | 0.09% | — | — | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: TPC’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TPC filings on SEC EDGAR → Not investment advice.