TPC Financials Tutor Perini Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Nov 5, 2026, 11:23 UTC Overview →

Growth & profitability

Revenue has grown 0.8% per year over the past 5 years.
Net income has grown slower than revenue (-5.8% vs 0.8% per year).
Operating margin has been roughly flat, at 4.2% in the latest year.
Free cash flow has grown 36.9% per year over the past 5 years.

Financial health

The company holds more cash ($735M) than total debt ($407M).
Total debt has grown slower than revenue (-16.9% vs 0.8% per year).
Operating income covered interest expense 4.2× in the latest year.
Total debt is 1.4× EBITDA.

Shareholder returns

Dividends have been paid for 1 consecutive year, consuming 3.9% of earnings and 0.6% of free cash flow.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$5.5B	$80M	11.7%	4.2%	6.6%	1.6%	$567M	$407M	$735M
2024	$4.3B	-$164M	4.6%	-2.4%	-14.4%	-3.9%	$466M	$534M	$455M
2023	$3.9B	-$171M	3.6%	-3.0%	-13.3%	-3.9%	$256M	$900M	$381M
2022	$3.8B	-$210M	0.8%	-5.4%	-14.5%	-4.6%	$147M	$958M	$259M
2021	$4.6B	$92M	10.0%	4.9%	5.6%	1.9%	-$187M	$994M	$202M
2020	$5.3B	$108M	9.1%	4.9%	7.0%	2.1%	$118M	$1.0B	$374M
2019	$4.5B	-$388M	5.4%	-8.2%	-26.9%	-8.6%	$52M	$834M	$194M
2018	$4.5B	$83M	10.2%	4.3%	4.6%	1.9%	-$56M	$762M	$116M
2017	$4.8B	$148M	9.6%	3.8%	8.7%	3.5%	$133M	$736M	$193M
2016	$5.0B	$96M	9.2%	4.1%	6.2%	2.4%	$98M	$760M	$146M
2015	—	$45M	—	—	3.2%	1.2%	—	$818M	$75M
2014	—	$108M	—	—	7.9%	2.9%	-$132M	$865M	$136M
2013	—	$87M	—	—	7.0%	2.6%	$8M	$734M	$120M
2012	—	-$265M	—	—	-23.2%	-8.1%	-$109M	$737M	$168M
2011	—	$86M	—	—	6.2%	2.4%	-$98M	$673M	$204M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$1.7B	$21M	12.9%	7.3%	1.6%	0.4%	$291M	$404M	$1.1B
Jun '26	$1.6B	$66M	12.9%	7.2%	5.2%	1.2%	$154M	$396M	$938M
Mar '26	$1.4B	$26M	11.1%	4.3%	2.1%	0.5%	$129M	$399M	$803M
Dec '25	$1.5B	$29M	9.8%	3.3%	2.4%	0.6%	$99M	$407M	$735M
Sep '25	$1.4B	$4M	12.0%	2.8%	0.3%	0.1%	$240M	$413M	$696M
Jun '25	$1.4B	$20M	14.3%	5.6%	1.7%	0.4%	$236M	$419M	$526M
Mar '25	$1.2B	$28M	10.8%	5.2%	2.4%	0.6%	-$7M	$406M	$276M
Dec '24	$1.1B	-$79M	-0.9%	-8.1%	-7.0%	-1.9%	$320M	$534M	$455M
Sep '24	$1.1B	-$101M	-2.4%	-9.9%	-8.3%	-2.3%	$16M	$681M	$287M
Jun '24	$1.1B	$812000	10.4%	3.6%	0.1%	0.0%	$42M	$676M	$267M
Mar '24	$1.0B	$16M	11.0%	4.7%	1.2%	0.4%	$88M	$801M	$358M
Dec '23	$1.0B	-$48M	4.8%	-2.2%	-3.7%	-1.1%	$120M	$900M	$381M
Sep '23	$1.1B	-$37M	4.8%	-1.2%	-2.8%	-0.8%	$88M	$905M	$290M
Jun '23	$1.0B	-$38M	6.4%	0.2%	-2.7%	-0.8%	$43M	$926M	$264M
Mar '23	$776M	-$49M	-3.1%	-10.6%	-3.5%	-1.1%	$4M	$981M	$283M
Dec '22	$907M	-$93M	-4.1%	-10.7%	-6.4%	-2.0%	-$61M	$958M	$259M
Sep '22	$1.1B	-$32M	4.7%	-0.6%	-2.1%	-0.7%	$59M	$961M	$323M
Jun '22	$861M	-$63M	-4.0%	-10.5%	-4.0%	-1.3%	$41M	$968M	$309M
Mar '22	$952M	-$22M	5.3%	-1.0%	-1.3%	-0.5%	$109M	$1.0B	$316M
Dec '21	$1.0B	$29M	11.0%	5.4%	1.8%	0.6%	-$7M	$994M	$202M

Valuation over time

How the market has priced TPC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 43.7× (Dec '25) to 54.3× (Nov '26).
The price-to-sales ratio has risen from 0.1× (Mar '23) to 0.8× (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Frequently asked questions

Is TPC growing its revenue and profit?

Over the past 5 years, Tutor Perini Corp's revenue has grown 0.8% per year, and net income declined 5.8% per year. These are computed facts, not advice.

How much debt does TPC have?

As of FY2025, Tutor Perini Corp reported $407M of total debt against $735M of cash; operating income covered interest expense 4.2×.

What is TPC's profit margin?

In FY2025, gross margin was 11.7%, operating margin 4.2%, and net margin 1.5%.

What is TPC's P/E ratio?

Tutor Perini Corp's P/E (TTM) is 30.97 as of the 2026-11-04 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the TPC stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 54.3× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.