TUTOR PERINI CORP

TUTOR PERINI CORPTPCEarnings & Financial Report

NYSE · Industrials · General Bldg Contractors - Nonresidential Bldgs

Tutor Perini Corporation is one of the largest general contractors in the United States. It was formed by the merger of Perini Corporation and Tutor-Saliba Corporation in 2008. As of 2024, it reported annual revenue of approximately $4.33 billion. Tutor Perini is headquartered in Sylmar, California, and works on construction projects throughout North America. Specific areas of focus are civil infrastructure such as bridges, highways, tunnels, airports, and mass transit systems, building infra...

TPC Q4 FY2025 Key Financial Metrics

Revenue

$1.5B

Gross Profit

$147.7M

Operating Profit

$50.1M

Net Profit

$28.8M

Gross Margin

9.8%

Operating Margin

3.3%

Net Margin

1.9%

YoY Growth

41.2%

EPS

$0.53

TUTOR PERINI CORP Q4 FY2025 Financial Summary

TUTOR PERINI CORP reported revenue of $1.5B (up 41.2% YoY) for Q4 FY2025, with a net profit of $28.8M (up 136.3% YoY) (1.9% margin). Cost of goods sold was $1.4B, operating expenses totaled $97.6M.

Key Financial Metrics

Total Revenue$1.5B
Net Profit$28.8M
Gross Margin9.8%
Operating Margin3.3%
Report PeriodQ4 FY2025

Revenue Breakdown

TUTOR PERINI CORP Q4 FY2025 revenue of $1.5B breaks down across 11 segments, led by State And Local Agencies at $591.1M (39.2% of total).

SegmentRevenue% of Total
State And Local Agencies$591.1M39.2%
Mass Transit$449.9M29.8%
Federal Agencies$115.0M7.6%
Bridges$100.5M6.7%
Military Facilities$93.1M6.2%
Commercial And Industrial Facilities$46.7M3.1%
Detention Facilities$43.8M2.9%
Power And Energy$35.8M2.4%
Multi Unit Residential$25.9M1.7%
Education Facilities$12.0M0.8%
Water$3.6M0.2%

TUTOR PERINI CORP Revenue by Segment — Quarterly Trend

TUTOR PERINI CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as State And Local Agencies and Mass Transit) has evolved quarter over quarter.

SegmentQ4 FY2025Q3 FY2025Q2 FY2025Q1 FY2025
State And Local Agencies$591.1M$546.8M
Mass Transit$449.9M
Federal Agencies$115.0M
Bridges$100.5M$122.1M$104.1M$51.9M
Military Facilities$93.1M$86.7M$101.6M$101.1M

TUTOR PERINI CORP Annual Revenue by Year

TUTOR PERINI CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $5.5B).

YearAnnual Revenue
2025$5.5Bvs 2024
2024$4.3Bvs 2023
2023$3.9Bvs 2022
2022$3.8B

TUTOR PERINI CORP Quarterly Revenue & Net Profit History

TUTOR PERINI CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$1.5B+41.2%$28.8M1.9%
Q3 FY2025$1.4B+30.7%$3.6M0.3%
Q2 FY2025$1.4B+21.8%$20.0M1.5%
Q1 FY2025$1.2B+18.8%$28.0M2.2%
Q4 FY2024$1.1B+4.5%$-79.4M-7.4%
Q3 FY2024$1.1B+2.1%$-100.9M-9.3%
Q2 FY2024$1.1B+10.3%$812.0K0.1%
Q1 FY2024$1.0B+35.1%$15.8M1.5%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$1.05B$1.13B$1.08B$1.07B$1.25B$1.37B$1.42B$1.51B
YoY Growth35.1%10.3%2.1%4.5%18.8%21.8%30.7%41.2%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$4.37B$4.29B$4.39B$4.24B$4.45B$4.87B$5.17B$5.16B
Liabilities$3.07B$2.98B$3.15B$3.08B$3.27B$3.63B$3.91B$3.90B
Equity$1.31B$1.31B$1.21B$1.13B$1.16B$1.19B$1.19B$1.22B

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$98.3M$53.1M$22.6M$329.6M$22.9M$262.4M$289.1M$173.7M