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Side-by-side financial comparison of AvalonBay Communities (AVB) and TUTOR PERINI CORP (TPC). Click either name above to swap in a different company.

TUTOR PERINI CORP is the larger business by last-quarter revenue ($1.5B vs $767.9M, roughly 2.0× AvalonBay Communities). AvalonBay Communities runs the higher net margin — 9040.6% vs 1.9%, a 9038.7% gap on every dollar of revenue. On growth, TUTOR PERINI CORP posted the faster year-over-year revenue change (41.2% vs 3.7%). AvalonBay Communities produced more free cash flow last quarter ($1.4B vs $98.7M). Over the past eight quarters, TUTOR PERINI CORP's revenue compounded faster (19.9% CAGR vs 3.8%).

AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.

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...

AVB vs TPC — Head-to-Head

Bigger by revenue
TPC
TPC
2.0× larger
TPC
$1.5B
$767.9M
AVB
Growing faster (revenue YoY)
TPC
TPC
+37.5% gap
TPC
41.2%
3.7%
AVB
Higher net margin
AVB
AVB
9038.7% more per $
AVB
9040.6%
1.9%
TPC
More free cash flow
AVB
AVB
$1.3B more FCF
AVB
$1.4B
$98.7M
TPC
Faster 2-yr revenue CAGR
TPC
TPC
Annualised
TPC
19.9%
3.8%
AVB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVB
AVB
TPC
TPC
Revenue
$767.9M
$1.5B
Net Profit
$166.0M
$28.8M
Gross Margin
9.8%
Operating Margin
64.2%
3.3%
Net Margin
9040.6%
1.9%
Revenue YoY
3.7%
41.2%
Net Profit YoY
-41.2%
136.3%
EPS (diluted)
$1.18
$0.53

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVB
AVB
TPC
TPC
Q4 25
$767.9M
$1.5B
Q3 25
$766.8M
$1.4B
Q2 25
$760.2M
$1.4B
Q1 25
$745.9M
$1.2B
Q4 24
$740.5M
$1.1B
Q3 24
$734.3M
$1.1B
Q2 24
$726.0M
$1.1B
Q1 24
$712.9M
$1.0B
Net Profit
AVB
AVB
TPC
TPC
Q4 25
$166.0M
$28.8M
Q3 25
$381.3M
$3.6M
Q2 25
$268.7M
$20.0M
Q1 25
$236.6M
$28.0M
Q4 24
$282.1M
$-79.4M
Q3 24
$372.5M
$-100.9M
Q2 24
$253.9M
$812.0K
Q1 24
$173.4M
$15.8M
Gross Margin
AVB
AVB
TPC
TPC
Q4 25
9.8%
Q3 25
12.0%
Q2 25
14.3%
Q1 25
10.8%
Q4 24
-0.9%
Q3 24
-2.4%
Q2 24
10.4%
Q1 24
11.0%
Operating Margin
AVB
AVB
TPC
TPC
Q4 25
64.2%
3.3%
Q3 25
65.7%
2.8%
Q2 25
67.6%
5.6%
Q1 25
68.5%
5.2%
Q4 24
63.1%
-8.1%
Q3 24
65.4%
-9.9%
Q2 24
66.6%
3.6%
Q1 24
67.2%
4.7%
Net Margin
AVB
AVB
TPC
TPC
Q4 25
9040.6%
1.9%
Q3 25
49.7%
0.3%
Q2 25
35.3%
1.5%
Q1 25
31.7%
2.2%
Q4 24
38.1%
-7.4%
Q3 24
50.7%
-9.3%
Q2 24
35.0%
0.1%
Q1 24
24.3%
1.5%
EPS (diluted)
AVB
AVB
TPC
TPC
Q4 25
$1.18
$0.53
Q3 25
$2.68
$0.07
Q2 25
$1.88
$0.38
Q1 25
$1.66
$0.53
Q4 24
$1.99
$-1.53
Q3 24
$2.61
$-1.92
Q2 24
$1.78
$0.02
Q1 24
$1.22
$0.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVB
AVB
TPC
TPC
Cash + ST InvestmentsLiquidity on hand
$187.2M
$734.6M
Total DebtLower is stronger
$9.3B
$407.4M
Stockholders' EquityBook value
$11.6B
$1.2B
Total Assets
$22.2B
$5.2B
Debt / EquityLower = less leverage
0.80×
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVB
AVB
TPC
TPC
Q4 25
$187.2M
$734.6M
Q3 25
$123.3M
$695.7M
Q2 25
$102.8M
$526.1M
Q1 25
$53.3M
$276.5M
Q4 24
$108.6M
$455.1M
Q3 24
$552.4M
$287.4M
Q2 24
$545.8M
$267.1M
Q1 24
$287.9M
$358.3M
Total Debt
AVB
AVB
TPC
TPC
Q4 25
$9.3B
$407.4M
Q3 25
$8.7B
$413.1M
Q2 25
$8.7B
$419.4M
Q1 25
$8.3B
$405.6M
Q4 24
$8.1B
$534.1M
Q3 24
$8.4B
$681.4M
Q2 24
$8.4B
$676.4M
Q1 24
$8.0B
$801.2M
Stockholders' Equity
AVB
AVB
TPC
TPC
Q4 25
$11.6B
$1.2B
Q3 25
$11.9B
$1.2B
Q2 25
$11.9B
$1.2B
Q1 25
$11.9B
$1.2B
Q4 24
$11.9B
$1.1B
Q3 24
$11.9B
$1.2B
Q2 24
$11.7B
$1.3B
Q1 24
$11.7B
$1.3B
Total Assets
AVB
AVB
TPC
TPC
Q4 25
$22.2B
$5.2B
Q3 25
$21.9B
$5.2B
Q2 25
$21.8B
$4.9B
Q1 25
$21.2B
$4.5B
Q4 24
$21.0B
$4.2B
Q3 24
$21.3B
$4.4B
Q2 24
$21.0B
$4.3B
Q1 24
$20.6B
$4.4B
Debt / Equity
AVB
AVB
TPC
TPC
Q4 25
0.80×
0.33×
Q3 25
0.73×
0.35×
Q2 25
0.72×
0.35×
Q1 25
0.70×
0.35×
Q4 24
0.68×
0.47×
Q3 24
0.70×
0.56×
Q2 24
0.71×
0.52×
Q1 24
0.68×
0.61×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVB
AVB
TPC
TPC
Operating Cash FlowLast quarter
$1.7B
$173.7M
Free Cash FlowOCF − Capex
$1.4B
$98.7M
FCF MarginFCF / Revenue
183.5%
6.5%
Capex IntensityCapex / Revenue
34.1%
5.0%
Cash ConversionOCF / Net Profit
10.07×
6.02×
TTM Free Cash FlowTrailing 4 quarters
$2.5B
$567.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVB
AVB
TPC
TPC
Q4 25
$1.7B
$173.7M
Q3 25
$477.0M
$289.1M
Q2 25
$377.8M
$262.4M
Q1 25
$415.9M
$22.9M
Q4 24
$1.6B
$329.6M
Q3 24
$486.2M
$22.6M
Q2 24
$380.0M
$53.1M
Q1 24
$412.9M
$98.3M
Free Cash Flow
AVB
AVB
TPC
TPC
Q4 25
$1.4B
$98.7M
Q3 25
$402.2M
$240.2M
Q2 25
$317.1M
$235.6M
Q1 25
$367.5M
$-7.2M
Q4 24
$1.4B
$320.4M
Q3 24
$434.2M
$15.6M
Q2 24
$333.0M
$42.2M
Q1 24
$375.4M
$87.8M
FCF Margin
AVB
AVB
TPC
TPC
Q4 25
183.5%
6.5%
Q3 25
52.5%
17.0%
Q2 25
41.7%
17.1%
Q1 25
49.3%
-0.6%
Q4 24
191.0%
30.0%
Q3 24
59.1%
1.4%
Q2 24
45.9%
3.7%
Q1 24
52.7%
8.4%
Capex Intensity
AVB
AVB
TPC
TPC
Q4 25
34.1%
5.0%
Q3 25
9.8%
3.5%
Q2 25
8.0%
2.0%
Q1 25
6.5%
2.4%
Q4 24
26.1%
0.9%
Q3 24
7.1%
0.6%
Q2 24
6.5%
1.0%
Q1 24
5.3%
1.0%
Cash Conversion
AVB
AVB
TPC
TPC
Q4 25
10.07×
6.02×
Q3 25
1.25×
79.63×
Q2 25
1.41×
13.14×
Q1 25
1.76×
0.82×
Q4 24
5.70×
Q3 24
1.31×
Q2 24
1.50×
65.44×
Q1 24
2.38×
6.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVB
AVB

Segment breakdown not available.

TPC
TPC

State And Local Agencies$591.1M39%
Mass Transit$449.9M30%
Federal Agencies$115.0M8%
Bridges$100.5M7%
Military Facilities$93.1M6%
Commercial And Industrial Facilities$46.7M3%
Detention Facilities$43.8M3%
Power And Energy$35.8M2%
Multi Unit Residential$25.9M2%
Education Facilities$12.0M1%
Water$3.6M0%

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