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Side-by-side financial comparison of Travel & Leisure Co. (TNL) 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 $961.0M, roughly 1.6× Travel & Leisure Co.). Travel & Leisure Co. runs the higher net margin — 8.2% vs 1.9%, a 6.3% gap on every dollar of revenue. On growth, TUTOR PERINI CORP posted the faster year-over-year revenue change (41.2% vs 2.9%). TUTOR PERINI CORP produced more free cash flow last quarter ($98.7M vs $0). Over the past eight quarters, TUTOR PERINI CORP's revenue compounded faster (19.9% CAGR vs -1.2%).

Travel + Leisure Co. is an American timeshare company headquartered in Orlando, Florida. It develops, sells, and manages timeshare properties under several vacation ownership clubs, including Club Wyndham, WorldMark by Wyndham, Margaritaville Vacation Club, and Accor Vacation Club. The company provides timeshare exchange services, primarily through RCI, and travel clubs including Travel + Leisure GO.

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...

TNL vs TPC — Head-to-Head

Bigger by revenue
TPC
TPC
1.6× larger
TPC
$1.5B
$961.0M
TNL
Growing faster (revenue YoY)
TPC
TPC
+38.3% gap
TPC
41.2%
2.9%
TNL
Higher net margin
TNL
TNL
6.3% more per $
TNL
8.2%
1.9%
TPC
More free cash flow
TPC
TPC
$98.7M more FCF
TPC
$98.7M
$0
TNL
Faster 2-yr revenue CAGR
TPC
TPC
Annualised
TPC
19.9%
-1.2%
TNL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
TNL
TNL
TPC
TPC
Revenue
$961.0M
$1.5B
Net Profit
$79.0M
$28.8M
Gross Margin
9.8%
Operating Margin
16.5%
3.3%
Net Margin
8.2%
1.9%
Revenue YoY
2.9%
41.2%
Net Profit YoY
8.2%
136.3%
EPS (diluted)
$1.22
$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
TNL
TNL
TPC
TPC
Q1 26
$961.0M
Q4 25
$1.0B
$1.5B
Q3 25
$1.0B
$1.4B
Q2 25
$1.0B
$1.4B
Q1 25
$934.0M
$1.2B
Q4 24
$970.0M
$1.1B
Q3 24
$993.0M
$1.1B
Q2 24
$985.0M
$1.1B
Net Profit
TNL
TNL
TPC
TPC
Q1 26
$79.0M
Q4 25
$-62.0M
$28.8M
Q3 25
$111.0M
$3.6M
Q2 25
$108.0M
$20.0M
Q1 25
$73.0M
$28.0M
Q4 24
$119.0M
$-79.4M
Q3 24
$97.0M
$-100.9M
Q2 24
$129.0M
$812.0K
Gross Margin
TNL
TNL
TPC
TPC
Q1 26
Q4 25
78.9%
9.8%
Q3 25
98.8%
12.0%
Q2 25
97.9%
14.3%
Q1 25
97.5%
10.8%
Q4 24
99.0%
-0.9%
Q3 24
97.3%
-2.4%
Q2 24
97.9%
10.4%
Operating Margin
TNL
TNL
TPC
TPC
Q1 26
16.5%
Q4 25
-2.2%
3.3%
Q3 25
20.5%
2.8%
Q2 25
20.2%
5.6%
Q1 25
16.7%
5.2%
Q4 24
21.1%
-8.1%
Q3 24
19.0%
-9.9%
Q2 24
19.2%
3.6%
Net Margin
TNL
TNL
TPC
TPC
Q1 26
8.2%
Q4 25
-6.0%
1.9%
Q3 25
10.6%
0.3%
Q2 25
10.6%
1.5%
Q1 25
7.8%
2.2%
Q4 24
12.3%
-7.4%
Q3 24
9.8%
-9.3%
Q2 24
13.1%
0.1%
EPS (diluted)
TNL
TNL
TPC
TPC
Q1 26
$1.22
Q4 25
$-0.92
$0.53
Q3 25
$1.67
$0.07
Q2 25
$1.62
$0.38
Q1 25
$1.07
$0.53
Q4 24
$1.70
$-1.53
Q3 24
$1.39
$-1.92
Q2 24
$1.81
$0.02

Balance Sheet & Financial Strength

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

Metric
TNL
TNL
TPC
TPC
Cash + ST InvestmentsLiquidity on hand
$254.0M
$734.6M
Total DebtLower is stronger
$407.4M
Stockholders' EquityBook value
$1.2B
Total Assets
$6.8B
$5.2B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TNL
TNL
TPC
TPC
Q1 26
$254.0M
Q4 25
$271.0M
$734.6M
Q3 25
$240.0M
$695.7M
Q2 25
$212.0M
$526.1M
Q1 25
$188.0M
$276.5M
Q4 24
$185.0M
$455.1M
Q3 24
$194.0M
$287.4M
Q2 24
$166.0M
$267.1M
Total Debt
TNL
TNL
TPC
TPC
Q1 26
Q4 25
$5.6B
$407.4M
Q3 25
$5.6B
$413.1M
Q2 25
$5.6B
$419.4M
Q1 25
$5.7B
$405.6M
Q4 24
$5.6B
$534.1M
Q3 24
$5.6B
$681.4M
Q2 24
$5.6B
$676.4M
Stockholders' Equity
TNL
TNL
TPC
TPC
Q1 26
Q4 25
$-981.0M
$1.2B
Q3 25
$-821.0M
$1.2B
Q2 25
$-852.0M
$1.2B
Q1 25
$-903.0M
$1.2B
Q4 24
$-881.0M
$1.1B
Q3 24
$-862.0M
$1.2B
Q2 24
$-885.0M
$1.3B
Total Assets
TNL
TNL
TPC
TPC
Q1 26
$6.8B
Q4 25
$6.8B
$5.2B
Q3 25
$6.9B
$5.2B
Q2 25
$6.8B
$4.9B
Q1 25
$6.8B
$4.5B
Q4 24
$6.7B
$4.2B
Q3 24
$6.7B
$4.4B
Q2 24
$6.7B
$4.3B
Debt / Equity
TNL
TNL
TPC
TPC
Q1 26
Q4 25
0.33×
Q3 25
0.35×
Q2 25
0.35×
Q1 25
0.35×
Q4 24
0.47×
Q3 24
0.56×
Q2 24
0.52×

Cash Flow & Capital Efficiency

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

Metric
TNL
TNL
TPC
TPC
Operating Cash FlowLast quarter
$38.0M
$173.7M
Free Cash FlowOCF − Capex
$0
$98.7M
FCF MarginFCF / Revenue
0.0%
6.5%
Capex IntensityCapex / Revenue
5.0%
Cash ConversionOCF / Net Profit
0.48×
6.02×
TTM Free Cash FlowTrailing 4 quarters
$423.0M
$567.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TNL
TNL
TPC
TPC
Q1 26
$38.0M
Q4 25
$124.0M
$173.7M
Q3 25
$163.0M
$289.1M
Q2 25
$232.0M
$262.4M
Q1 25
$121.0M
$22.9M
Q4 24
$98.0M
$329.6M
Q3 24
$145.0M
$22.6M
Q2 24
$174.0M
$53.1M
Free Cash Flow
TNL
TNL
TPC
TPC
Q1 26
$0
Q4 25
$92.0M
$98.7M
Q3 25
$136.0M
$240.2M
Q2 25
$195.0M
$235.6M
Q1 25
$100.0M
$-7.2M
Q4 24
$75.0M
$320.4M
Q3 24
$125.0M
$15.6M
Q2 24
$153.0M
$42.2M
FCF Margin
TNL
TNL
TPC
TPC
Q1 26
0.0%
Q4 25
9.0%
6.5%
Q3 25
13.0%
17.0%
Q2 25
19.2%
17.1%
Q1 25
10.7%
-0.6%
Q4 24
7.7%
30.0%
Q3 24
12.6%
1.4%
Q2 24
15.5%
3.7%
Capex Intensity
TNL
TNL
TPC
TPC
Q1 26
Q4 25
3.1%
5.0%
Q3 25
2.6%
3.5%
Q2 25
3.6%
2.0%
Q1 25
2.2%
2.4%
Q4 24
2.4%
0.9%
Q3 24
2.0%
0.6%
Q2 24
2.1%
1.0%
Cash Conversion
TNL
TNL
TPC
TPC
Q1 26
0.48×
Q4 25
6.02×
Q3 25
1.47×
79.63×
Q2 25
2.15×
13.14×
Q1 25
1.66×
0.82×
Q4 24
0.82×
Q3 24
1.49×
Q2 24
1.35×
65.44×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TNL
TNL

Other$452.0M47%
Service and membership fees$396.0M41%
Consumer financing$113.0M12%

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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