Reading the tape
NYSE: TPC
Tutor Perini Corporation
Industrials · Engineering & Construction
Market Cap
$4.90B
52w High
$94.61
52w Low
$22.44
P/E
60.85
Volume
432.06K
Outstanding Shares
52.79M
Price vs Fundamentals
Why The Stock Is Moving
Optimism is getting priced inModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 307.56%Revenue (TTM): 28.11%FCF (TTM): 21.68%P/FCF: 62nd pct
What changed
The stock rose 307.56% over the last year. Revenue grew 28.11% over the trailing twelve months. Operating margin moved from -2.4% to 4.18%. Free cash flow grew 21.68% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/FCF range (62nd percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 4.18% — continued expansion would be needed to justify the premium. Revenue growth of 28.11% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide.
CEOGary G. Smalley
SectorIndustrials
IndustryEngineering & Construction
Employees7,500
IPO dateMay 3, 1973
Valuation
Forward P/E—
EV/EBITDA10.45
Enterprise value$3.23B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth41.19%
Gross margin11.68%▲156.53%vs FY2024
Operating margin4.18%▲274.52%vs FY2024
ROE6.6%▲145.75%vs FY2024
Analyst consensus
RatingBuy
Target price$26.50▼71.43%
10
Buy
3
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 6, 2026
Q2 FY26 · EPS est $0.96 · Revenue est $1.44B
View
Dividends
$1.32/shareQuarterlySafeTPC pays a dividend with a 1.42% dividend yield, covered 179.1× by free cash flow.
Dividend Yield
1.42%
Annual Div / Share
$1.32
TTM $0.12
5yr CAGR
-17.1%
Dividend has been cut
Payout Ratio
3.94%
Safe
Dividend Growth Rate
3yr CAGR
-17.1%
5yr CAGR
-17.1%
10yr CAGR
-17.1%
Dividend Safety
10/10Safe
Dividend History
Annual dividends paid per share
YearAnnual DivYoY
2025$0.06-94.0%
2010$1.00+25.0%
1990$0.80—
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$14/yr
$1/mo
In 5 yrs
$14/yr
$1/mo
In 10 yrs
$14/yr
$1/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$14/yr $1/mo | $14/yr $1/mo | $14/yr $1/mo |
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 179.1× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
Dividend has been reduced
The 5-year dividend CAGR of -17.1% is negative, indicating the payout has been cut over this period.