TUTOR PERINI CORPTPCEarnings & Financial Report
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...
Revenue
$1.1B
Gross Profit
$-9.5M
Operating Profit
$-86.2M
Net Profit
$-79.4M
Gross Margin
-0.9%
Operating Margin
-8.1%
Net Margin
-7.4%
YoY Growth
4.5%
EPS
$-1.53
TUTOR PERINI CORP Q4 FY2024 Financial Summary
TUTOR PERINI CORP reported revenue of $1.1B (up 4.5% YoY) for Q4 FY2024, with a net profit of $-79.4M (down 67.1% YoY) (-7.4% margin). Cost of goods sold was $1.1B, operating expenses totaled $76.8M.
Key Financial Metrics
| Total Revenue | $1.1B |
|---|---|
| Net Profit | $-79.4M |
| Gross Margin | -0.9% |
| Operating Margin | -8.1% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
TUTOR PERINI CORP Q4 FY2024 revenue of $1.1B breaks down across 11 segments, led by State And Local Agencies at $393.7M (36.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| State And Local Agencies | $393.7M | 36.9% |
| Health Care Facilities | $182.0M | 17.0% |
| Military Facilities | $103.4M | 9.7% |
| Federal Agencies | $88.5M | 8.3% |
| Bridges | $78.5M | 7.4% |
| Other | $69.9M | 6.5% |
| Education Facilities | $58.2M | 5.5% |
| Power And Energy | $33.5M | 3.1% |
| Commercial And Industrial Sites | $26.2M | 2.5% |
| Multi Unit Residential | $23.3M | 2.2% |
| Cost Plus Fee And Other | $10.8M | 1.0% |
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 Health Care Facilities) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| State And Local Agencies | $591.1M | — | $546.8M | — |
| Military Facilities | $93.1M | $86.7M | $101.6M | $101.1M |
| Federal Agencies | $115.0M | — | — | — |
| Bridges | $100.5M | $122.1M | $104.1M | $51.9M |
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).
| Year | Annual 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.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.5B | +41.2% | $28.8M | 1.9% |
| Q3 FY2025 | $1.4B | +30.7% | $3.6M | 0.3% |
| Q2 FY2025 | $1.4B | +21.8% | $20.0M | 1.5% |
| Q1 FY2025 | $1.2B | +18.8% | $28.0M | 2.2% |
| 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% | $812.0K | 0.1% |
| Q1 FY2024 | $1.0B | +35.1% | $15.8M | 1.5% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.05B | $1.13B | $1.08B | $1.07B | $1.25B | $1.37B | $1.42B | $1.51B |
| YoY Growth | 35.1% | 10.3% | 2.1% | 4.5% | 18.8% | 21.8% | 30.7% | 41.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 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 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $98.3M | $53.1M | $22.6M | $329.6M | $22.9M | $262.4M | $289.1M | $173.7M |