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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...

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

Revenue

$1.1B

Gross Profit

$117.1M

Operating Profit

$40.5M

Net Profit

$812.0K

Gross Margin

10.4%

Operating Margin

3.6%

Net Margin

0.1%

YoY Growth

10.3%

EPS

$0.02

TUTOR PERINI CORP Q2 FY2024 Financial Summary

TUTOR PERINI CORP reported revenue of $1.1B (up 10.3% YoY) for Q2 FY2024, with a net profit of $812.0K (up 102.2% YoY) (0.1% margin). Cost of goods sold was $1.0B, operating expenses totaled $76.6M.

Key Financial Metrics

Total Revenue$1.1B
Net Profit$812.0K
Gross Margin10.4%
Operating Margin3.6%
Report PeriodQ2 FY2024

Revenue Breakdown

TUTOR PERINI CORP Q2 FY2024 revenue of $1.1B breaks down across 13 segments, led by Building Group at $417.9M (37.1% of total).

SegmentRevenue% of Total
Building Group$417.9M37.1%
Specialty Contractors$163.1M14.5%
Health Care Facilities$136.0M12.1%
Military Facilities$117.8M10.4%
Education Facilities$84.2M7.5%
Bridges$62.3M5.5%
Commercial And Industrial Sites$36.6M3.2%
Power And Energy$35.7M3.2%
Other$24.2M2.1%
Multi Unit Residential$20.3M1.8%
Water$14.7M1.3%
Sports And Entertainment$10.6M0.9%
Commercial And Industrial Facilities$4.1M0.4%

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 Building Group and Specialty Contractors) has evolved quarter over quarter.

SegmentQ4 FY2025Q3 FY2025Q2 FY2025Q1 FY2025
Building Group———$459.8M
Specialty Contractors—$226.5M$177.4M$176.8M
Military Facilities$93.1M$86.7M$101.6M$101.1M
Education Facilities$12.0M$25.6M$36.8M$48.0M

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$5.5B
2024$4.3B
2023$3.9B
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