TPC Tutor Perini Corporation Common Stock

NYSE · Construction · View on SEC EDGAR ↗
$94.86
Price · Aug 18, 2026
Fundamentals as of Aug 5, 2026

About Tutor Perini Corporation Common Stock Company overview from Wikipedia

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 2025, it reported annual revenue of approximately $5.54 billion. Tutor Perini is headquartered in Sylmar, California, and works on construction projects throughout North America and certain overseas and international locations including Guam and the Indo-Pacific Region. Specific areas of focus are civil infrastructure such as bridges, highways, tunnels, airports, and mass transit systems, building infrastructure, and specialty contracting.

Read more

Tutor Perini Corporation (formerly 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 2025, it reported annual revenue of approximately $5.54 billion. Tutor Perini is headquartered in Sylmar, California, and works on construction projects throughout North America and certain overseas and international locations including Guam and the Indo-Pacific Region. Specific areas of focus are civil infrastructure such as bridges, highways, tunnels, airports, and mass transit systems, building infrastructure (healthcare, education, municipal government, detention facilities, hospitality and gaming, multi-use, office towers, multi-unit residential towers, high-technology projects), and specialty contracting (electrical, mechanical, plumbing, heating, air conditioning and ventilation (HVAC), and fire protection systems).

History

A.G. Tutor Company, Inc

In 1949, Albert G. Tutor launched a family construction business, A.G. Tutor Company, Inc. His son Ronald joined the company in 1963, and the company expanded under his leadership. In 1972, the company partnered with N.M. Saliba. In 1981, Ron Tutor took the reins as president of the Tutor-Saliba Corporation.

Perini Corporation

Perini Corporation was founded in 1894 in Ashland, Massachusetts by a stonemason named Bonfiglio Perini. The company grew to become one of the region's most recognized heavy construction contractors. From 1931 to 2009, Perini was headquartered in Framingham, Massachusetts.

Under the direction of Bonfiglio's grandson, Lou Perini, the company moved into the real-estate business, developing|4500 acres in Palm Beach County, Florida. Later real-estate ventures were less successful, leaving Perini deeply in debt by the mid-1990s.

Tutor Perini Corporation

In 1997, Ron Tutor helped Perini Corp. recapitalize alongside investor Richard Blum. Tutor became CEO of Perini in 2000 and merged Perini with Tutor-Saliba in 2008 in a transaction valued at $862 million.

Perini was originally listed OTC on June 15, 1961, then subsequently listed on AMEX on May 12, 1970, then listed on the NYSE on April 1, 2004. It was headquartered in Framingham, Massachusetts until relocating to Sylmar, California in 2009.

In May 2009, Perini shareholders voted to change the company's name to Tutor Perini Corporation.

Acquisitions

In 2003, Perini acquired Florida-based James A. Cummings Inc.

In 2005, the company acquired Cherry Hill Construction, a Maryland-based contractor, and California-based Rudolph & Sletten, Inc.

January 2008, Perini acquired Desert Heating and Cooling (later renamed Desert Mechanical), a southwestern U.S. mechanical contractor

In 2009, Perini acquired Black Construction, based in Guam.

In January 2009, the corporation acquired Philadelphia-based building contractor Keating Building Corporation.

November 1, 2010 - Superior Gunite, a structural concrete firm headquartered in Lakeview Terrace, California.

January 3, 2011 – Fisk Electric, a provider of electrical and technological services headquartered in Houston.

April 4, 2011 – Anderson Companies, a general contractor headquartered in Gulfport, Mississippi.

June 1, 2011 – Frontier-Kemper Constructors, a provider of numerous construction services including civil construction, mine development, drilling, tunneling, and electrical services headquartered in Evansville, Indiana.

July 1, 2011 – Lunda Construction Company, provider of various construction services such as the construction, rehabilitation, and maintenance of bridges, railroads, and other civil structures headquartered in Black River Falls, Wisconsin.

July 1, 2011 – GreenStar Services Corporation, an electrical and mechanical services provider that is composed of three operating entities: Five Star Electric Corporation, WDF, and Nagelbush.

August 18, 2011 – Becho, Inc., a specialty construction company incorporated in 1979.

Notable projects

Controversies

In 2002, the firm and the City of San Francisco had a dispute over cost overruns, which settled in 2006 for $19 million with neither side admitting fault; the firm has continued to work on projects in San Francisco.

In March 2011, a jury in Brooklyn found Zohrab B. Marashlian, a former executive of Perini Corp.’s Civil Division, guilty of fraud in connection with construction projects. The judgment was vacated in April 2011 due to Marashalian's death prior to the completion of proceedings.

In In 2018, Tutor Perini and a subcontractor were alleged to have installed standard-strength train rails rather than high-strength rails requested by a San Francisco construction contract. Tutor Perini argued that they were in "full compliance" with the contract specification, as the city requested the special rails only for certain segments of track, such as tight turns. Emails suggested the city knew about the installation of "standard" rails as early as 2015. The city later stated "it is not a safety issue we’re concerned about" but rather about the longevity of the rails. The rails were replaced without incident.

In 2025, a lawsuit regarding the construction of a hotel in Philadelphia was advanced to the damages phase to determine the impact of a construction delay related to concrete flooring. In 2026 Tutor Perini was ordered to pay $174,400,000 for the delays, costs and interest, including $31,000,000 in damages.

Divisions and subsidiaries

Civil

Tutor Perini Civil

Frontier-Kemper Constructors, Inc.

Lunda Construction Company

Black Construction Corporation

Becho, Inc.

Building

Tutor Perini Building Corp.

Rudolph and Sletten, Inc.

Roy Anderson Corp

Perini Management Services, Inc.

Specialty

Desert Mechanical, Inc.

Fisk Electric Company

Five Star Electric

Nagelbush Mechanical

WDF Inc.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

TPC Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$94.86
Market Cap
$5.01B
P/E (TTM)
62.8
EPS (TTM)
$1.51
Revenue (TTM)
$5.54B
Div Yield
0.06%
ROE
6.8%
Debt/Equity
0.3
52W Range
$54 – $102

TPC Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $5.54B
10-point trend, +11.5%
2016-12-31 2025-12-31
EPS $1.51
10-point trend, -21.4%
2016-12-31 2025-12-31
Free Cash Flow $567M
10-point trend, +481.2%
2016-12-31 2025-12-31
Margins 1.5%
8-point trend, +14.5%
2018-12-31 2025-12-31

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
TPC
Peer Median
P/E (TTM)
5-point trend, +542.3%
62.8
37.0
P/S (TTM)
5-point trend, +368.6%
0.9
1.9
P/B
5-point trend, +660.2%
4.1
5.8
EV / EBITDA
5-point trend, +123.4%
20.1
Price / FCF
5-point trend, +284.6%
8.8

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
TPC
Peer Median
Gross Margin
5-point trend, +16.2%
11.7%
15.4%
Operating Margin
5-point trend, -14.5%
4.2%
Net Profit Margin
5-point trend, -26.8%
1.5%
3.9%
ROA
5-point trend, -9.0%
1.7%
4.7%
ROE
5-point trend, +19.4%
6.8%
14.6%
ROIC
5-point trend, +38.7%
10.1%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
TPC
Peer Median
Debt / Equity
5-point trend, -45.0%
0.3
Current Ratio
5-point trend, -41.5%
1.3
1.6
Quick Ratio
5-point trend, -35.3%
0.6

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
TPC
Peer Median
Revenue YoY
5-point trend, +19.4%
28.1%
Revenue CAGR 3Y
5-point trend, +19.4%
13.5%
Revenue CAGR 5Y
5-point trend, +19.4%
0.83%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
TPC
Peer Median
EPS (Diluted)
5-point trend, -15.6%
$1.51

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
TPC
Peer Median
Payout Ratio
3.9%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
0.06%
Payout Ratio
3.9%
5Y Div CAGR
Ex-dateAmount
May 21, 2026$0.0600
March 10, 2026$0.0600
Dec. 9, 2025$0.0600
Nov. 2, 2010$1.0000
Nov. 20, 1990$0.2000
Aug. 22, 1990$0.2000
May 21, 1990$0.2000
Feb. 16, 1990$0.2000

TPC Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 9 analysts
  • Strong Buy 2 22.2%
  • Buy 6 66.7%
  • Hold 1 11.1%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

4 analysts · 2026-08-16
Median target $117.50 +23.9%
Mean target $116.25 +22.5%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.10%
Period EPS Actual EPS Est Surprise
June 30, 2026 $1.74 $1.26 0.48%
March 31, 2026 $1.03 $0.80 0.23%
Dec. 31, 2025 $0.54 $0.58 -0.04%
Sept. 30, 2025 $0.07 $0.61 -0.54%
June 30, 2025 $0.38 $0.34 0.04%
March 31, 2025 $0.53 $0.09 0.44%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
TPC $3.54B 44.4 28.1% 1.5% 6.8% 11.7%
FLR -127.8 -5.0%
ROAD 69.0 54.2% 3.6% 11.8% 15.6%
MWH
GVA $5.02B 29.9 10.4% 4.4% 17.6% 16.1%
MYRG $3.39B 29.0 8.8% 3.2% 19.0% 11.6%
PRIM $6.71B 24.7 19.0% 3.6% 17.1% 10.7%
WSC $3.41B -64.9 -4.8% -2.3% -5.6% 51.0%
CTRI $2.61B 103.8 13.1% 0.75% 3.1% 8.3%
CDNL 44.7% 5.0% 27.9%
AMRC 35.7 28.8%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 15
Annual Income Statement data for TPC
Metric Trend 2025202420232022202120202019201820172016
Revenue 10-point trend, +11.5% $5.54B $4.33B $3.88B $3.79B $4.64B $5.32B $4.45B $4.45B $4.76B $4.97B
Cost of Revenue 10-point trend, +8.4% $4.90B $4.13B $3.74B $3.76B $4.18B $4.83B $4.21B $4.00B $4.30B $4.52B
Gross Profit 10-point trend, +41.6% $648M $197M $141M $30M $466M $486M $242M $454M $454M $457M
SG&A Expense 10-point trend, +62.8% $416M $301M $255M $234M $240M $224M $227M $263M $275M $255M
Operating Income 10-point trend, +14.9% $232M $-104M $-115M $-205M $227M $262M $-365M $192M $179M $202M
Interest Expense 8-point trend, +42.4% · · $85M $70M $69M $76M $67M $64M $69M $60M
Other Non-op 10-point trend, +294.3% $28M $20M $17M $7M $2M $-12M $7M $4M $44M $7M
Pretax Income 10-point trend, +37.1% $205M $-173M $-183M $-268M $160M $174M $-426M $133M $154M $149M
Income Tax 10-point trend, +15.3% $61M $-51M $-55M $-75M $26M $22M $-66M $35M $-569.0K $53M
Net Income 10-point trend, -16.1% $80M $-164M $-171M $-210M $92M $108M $-388M $83M $148M $96M
EPS (Basic) 10-point trend, -21.5% $1.53 $-3.13 $-3.30 $-4.09 $1.80 $2.14 $-7.72 $1.67 $2.99 $1.95
EPS (Diluted) 10-point trend, -21.4% $1.51 $-3.13 $-3.30 $-4.09 $1.79 $2.12 $-7.72 $1.66 $2.92 $1.92
Shares (Basic) 10-point trend, +7.2% 52,693,000 52,322,000 51,845,000 51,324,000 51,017,000 50,656,000 50,220,000 49,952,000 49,647,000 49,150,000
Shares (Diluted) 10-point trend, +7.1% 53,413,000 52,322,000 51,845,000 51,324,000 51,369,000 51,077,000 50,220,000 50,301,000 50,759,000 49,864,000
EBITDA 10-point trend, -13.8% $232M $-104M $-115M $-205M $227M $262M $-365M $192M $179M $269M
Balance Sheet 26
Annual Balance Sheet data for TPC
Metric Trend 2025202420232022202120202019201820172016
Cash & Equivalents 10-point trend, +402.8% $735M $455M $381M $259M $202M $374M $194M $116M $193M $146M
Receivables 10-point trend, -30.1% $1.22B $987M $1.05B $1.17B $1.45B $1.42B $1.35B $1.26B $1.27B $1.74B
Other Current Assets 10-point trend, +522.6% $411M $193M $218M $179M $187M $249M $197M $116M $89M $66M
Current Assets 10-point trend, +45.1% $4.12B $3.29B $3.52B $3.68B $3.86B $4.08B $3.51B $3.18B $3.07B $2.84B
PP&E (Net) 10-point trend, +14.7% $548M $423M $441M $435M $430M $489M $510M $491M $467M $478M
PP&E (Gross) 10-point trend, +41.3% $1.12B $989M $975M $941M $913M $924M $898M $834M $827M $791M
Accum. Depreciation 10-point trend, +81.7% $570M $566M $534M $506M $483M $434M $388M $344M $359M $314M
Goodwill 10-point trend, -64.9% $205M $205M $205M $205M $205M $205M $205M $585M $585M $585M
Intangibles 10-point trend, -31.4% $64M $66M $68M $71M $85M $123M $155M $86M $89M $93M
Other Non-current Assets 10-point trend, +187.4% $130M $119M $120M $137M $143M $148M $105M $51M $48M $45M
Total Assets 10-point trend, +27.8% $5.16B $4.24B $4.43B $4.54B $4.72B $5.05B $4.49B $4.39B $4.26B $4.04B
Accounts Payable 10-point trend, -27.1% $725M $631M $467M $495M $512M $795M $683M $622M $700M $994M
Accrued Liabilities 10-point trend, +267.0% $396M $220M $214M $180M $210M $215M $207M $174M $132M $108M
Current Liabilities 10-point trend, +113.3% $3.24B $2.33B $2.12B $1.97B $1.78B $2.26B $2.11B $1.60B $1.58B $1.52B
Capital Leases 7-point trend, +62.3% $52M $39M $48M $49M $50M $51M $32M · · ·
Deferred Tax 8-point trend, -100.0% $0 $0 $956.0K $5M $71M $83M $36M $106M · ·
Other Non-current Liabilities 10-point trend, +63.9% $265M $241M $238M $240M $234M $230M $199M $152M $163M $162M
Total Liabilities 10-point trend, +56.8% $3.90B $3.08B $3.15B $3.10B $3.05B $3.50B $3.06B $2.60B $2.56B $2.49B
Long-term Debt 10-point trend, -46.4% $407M $534M $900M $958M $994M $1.03B $834M $762M $736M $760M
Total Debt 10-point trend, -48.3% $393M $510M $782M $888M $969M $925M $710M $745M $706M $760M
Common Stock 10-point trend, +7.3% $53M $52M $52M $52M $51M $51M $50M $50M $50M $49M
Retained Earnings 10-point trend, -90.2% $46M $-31M $133M $304M $514M $422M $314M $702M $622M $474M
AOCI 10-point trend, +35.6% $-29M $-34M $-40M $-47M $-44M $-47M $-42M $-45M $-43M $-45M
Stockholders' Equity 10-point trend, -21.5% $1.22B $1.13B $1.29B $1.45B $1.65B $1.55B $1.44B $1.81B $1.71B $1.55B
Liabilities + Equity 10-point trend, +27.8% $5.16B $4.24B $4.43B $4.54B $4.72B $5.05B $4.49B $4.39B $4.26B $4.04B
Shares Outstanding 10-point trend, +7.3% 52,791,451 52,485,719 52,025,497 51,521,336 51,095,706 50,827,205 50,278,816 50,025,996 49,781,010 49,211,353
Cash Flow 14
Annual Cash Flow data for TPC
Metric Trend 2025202420232022202120202019201820172016
D&A 10-point trend, -26.0% $50M $54M $45M $64M $118M $107M $65M $47M $52M $67M
Stock-based Comp 10-point trend, +1017.5% $150M $40M $12M $9M $12M $12M $19M $23M $21M $13M
Deferred Tax 10-point trend, +560.8% $47M $-78M $-65M $-79M $-14M $48M $-72M $-449.0K $-23M $-10M
Amort. of Intangibles 10-point trend, -36.9% $2M $2M $2M $15M $35M $32M $6M $4M $4M $4M
Other Non-cash · · · · · · · · · $-144M
Operating Cash Flow 10-point trend, +560.0% $748M $504M $308M $207M $-148M $173M $137M $21M $164M $113M
CapEx 10-point trend, +1048.8% $181M $37M $53M $60M $39M $55M $84M $77M $30M $16M
Investing Cash Flow 10-point trend, -1758.6% $-257M $-41M $-78M $-66M $-37M $-46M $-76M $-70M $-87M $-14M
Dividends Paid 3-point trend, +3167000.00 $3M $0 $0 · · · · · · ·
Financing Cash Flow 10-point trend, -663.7% $-185M $-393M $-109M $-79M $-55M $123M $22M $-29M $-75M $-24M
Net Change in Cash 10-point trend, +306.4% $306M $70M $121M $62M $-240M $250M $82M $-78M $1M $75M
Taxes Paid 10-point trend, -67.6% $9M $18M $828.0K $10M $-8M $11M $43M $14M $40M $27M
Free Cash Flow 10-point trend, +481.2% $567M $466M $256M $147M $-187M $118M $52M $-56M $133M $98M
Levered FCF 8-point trend, +231.2% · · $196M $97M $-245M $51M $-5M $-103M $64M $59M
Profitability 8
Annual Profitability data for TPC
Metric Trend 2025202420232022202120202019201820172016
Gross Margin 8-point trend, +14.5% 11.7% 4.5% 3.6% 0.78% 10.1% 9.1% 5.4% 10.2% · ·
Operating Margin 8-point trend, -3.0% 4.2% -2.4% -2.9% -5.4% 4.9% 4.9% -8.2% 4.3% · ·
Net Margin 8-point trend, -22.5% 1.5% -3.8% -4.4% -5.5% 2.0% 2.0% -8.7% 1.9% · ·
Pretax Margin 8-point trend, +23.8% 3.7% -4.0% -4.7% -7.1% 3.4% 3.3% -9.6% 3.0% · ·
EBITDA Margin 8-point trend, -3.0% 4.2% -2.4% -2.9% -5.4% 4.9% 4.9% -8.2% 4.3% · ·
ROA 10-point trend, -29.6% 1.7% -3.8% -3.8% -4.5% 1.9% 2.3% -8.7% 1.9% 3.6% 2.4%
ROE 10-point trend, +6.0% 6.8% -13.5% -12.5% -13.5% 5.7% 7.2% -23.9% 4.7% 9.1% 6.5%
ROIC 10-point trend, +79.5% 10.1% -4.5% -3.9% -6.3% 7.3% 9.2% -14.4% 5.5% 7.4% 5.6%
Liquidity & Solvency 5
Annual Liquidity & Solvency data for TPC
Metric Trend 2025202420232022202120202019201820172016
Current Ratio 10-point trend, -32.0% 1.3 1.4 1.7 1.9 2.2 1.8 1.7 2.0 1.9 1.9
Quick Ratio 10-point trend, -51.5% 0.6 0.6 0.7 0.7 0.9 0.8 0.7 0.9 1.3 1.2
Debt / Equity 10-point trend, -34.1% 0.3 0.4 0.6 0.6 0.6 0.6 0.5 0.4 0.4 0.5
LT Debt / Equity 10-point trend, -25.7% 0.3 0.4 0.6 0.6 0.6 0.6 0.5 0.4 0.4 0.4
Interest Coverage 8-point trend, -139.8% · · -1.3 -2.9 3.3 3.4 -5.4 3.0 2.6 3.4
Efficiency 2
Annual Efficiency data for TPC
Metric Trend 2025202420232022202120202019201820172016
Asset Turnover 8-point trend, +14.5% 1.2 1.0 0.9 0.8 1.0 1.1 1.0 1.0 · ·
Receivables Turnover 8-point trend, +42.6% 5.0 4.2 3.5 2.9 3.2 3.8 3.4 3.5 · ·
Per Share 6
Annual Per Share data for TPC
Metric Trend 2025202420232022202120202019201820172016
Book Value / Share 10-point trend, -26.9% $23.08 $21.62 $24.83 $28.14 $32.39 $30.57 $28.64 $36.16 $34.42 $31.56
Revenue / Share 8-point trend, +17.2% $103.78 $82.70 $74.84 $73.86 $90.36 $104.13 $88.63 $88.56 · ·
Cash Flow / Share 10-point trend, +516.2% $14.01 $9.62 $5.95 $4.03 $-2.89 $3.38 $2.72 $0.43 $3.22 $2.27
Cash / Share 10-point trend, +368.7% $13.91 $8.67 $7.32 $5.03 $3.96 $7.36 $3.85 $2.32 $3.87 $2.97
Dividend / Share $0 · · · · · · · · ·
EPS (TTM) 10-point trend, -21.4% $1.51 $-3.13 $-3.30 $-4.09 $1.79 $2.12 $-7.72 $1.66 $2.92 $1.92
Growth Rates 7
Annual Growth Rates data for TPC
Metric Trend 2025202420232022202120202019201820172016
Revenue YoY 5-point trend, +320.8% 28.1% 11.5% 2.4% -18.3% -12.7% · · · · ·
Revenue CAGR 3Y 3-point trend, +235.3% 13.5% -2.3% -10.0% · · · · · · ·
Revenue CAGR 5Y 0.83% · · · · · · · · ·
EPS YoY · · · · -15.6% · · · · ·
EPS CAGR 5Y -6.6% · · · · · · · · ·
Net Income YoY · · · · -15.2% · · · · ·
Net Income CAGR 5Y -5.8% · · · · · · · · ·
Valuation (TTM) 17
Annual Valuation (TTM) data for TPC
Metric Trend 2025202420232022202120202019201820172016
Revenue TTM 10-point trend, +11.5% $5.54B $4.33B $3.88B $3.79B $4.64B $5.32B $4.45B $4.45B $4.76B $4.97B
Net Income TTM 10-point trend, -16.1% $80M $-164M $-171M $-210M $92M $108M $-388M $83M $148M $96M
Market Cap 10-point trend, +156.8% $3.54B $1.27B $473M $389M $632M $658M $647M $799M $1.26B $1.38B
Enterprise Value 10-point trend, +60.5% $3.20B $1.33B $875M $1.02B $1.40B $1.21B $1.16B $1.43B $1.77B $1.99B
P/E 10-point trend, +204.3% 44.4 -7.7 -2.8 -1.8 6.9 6.1 -1.7 9.6 8.7 14.6
P/S 10-point trend, +130.4% 0.6 0.3 0.1 0.1 0.1 0.1 0.1 0.2 0.3 0.3
P/B 10-point trend, +227.2% 2.9 1.1 0.4 0.3 0.4 0.4 0.4 0.4 0.7 0.9
P / Tangible Book 6-point trend, +593.7% 3.7 1.5 0.5 0.3 0.5 0.5 · · · ·
P / Cash Flow 10-point trend, -61.1% 4.7 2.5 1.5 1.9 -4.3 3.8 4.7 37.3 7.7 12.2
P / FCF 10-point trend, -55.8% 6.2 2.7 1.9 2.6 -3.4 5.6 12.4 -14.4 9.5 14.1
EV / EBITDA 10-point trend, +86.3% 13.8 -12.8 -7.6 -5.0 6.2 4.6 -3.2 7.4 9.9 7.4
EV / FCF 10-point trend, -72.4% 5.6 2.8 3.4 6.9 -7.5 10.2 22.2 -25.6 13.3 20.4
EV / Revenue 10-point trend, +44.0% 0.6 0.3 0.2 0.3 0.3 0.2 0.3 0.3 0.4 0.4
Dividend Yield 3-point trend, +0.00 0.09% 0.00% 0.00% · · · · · · ·
Earnings Yield 10-point trend, -67.2% 2.2% -12.9% -36.3% -54.2% 14.5% 16.4% -60.0% 10.4% 11.5% 6.9%
Payout Ratio 3.9% · · · · · · · · ·
Annual Payout 3-point trend, +3167000.00 $3M $0 $0 · · · · · · ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $5.54B$4.33B$3.88B$3.79B$4.64B
Gross Margin % 11.7%4.5%3.6%0.78%10.1%
Operating Margin % 4.2%-2.4%-2.9%-5.4%4.9%
Net Income $80M$-164M$-171M$-210M$92M
Diluted EPS $1.51$-3.13$-3.30$-4.09$1.79
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 0.30.40.60.60.6
Current Ratio 1.31.41.71.92.2
Quick Ratio 0.60.60.70.70.9
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow $567M$466M$256M$147M$-187M

Latest News Recent headlines mentioning this company

My Metrics Your personal watchlist — selected rows from Full Fundamentals

📊

Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.

Your selection is saved and follows you across all tickers.

Institutional owners (13F) 363 filers · $2.6B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
55 (-7 vs prior Q) 38 (+6 vs prior Q) 128 (+27 vs prior Q) 106 (-14 vs prior Q) +4.6M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
AMERICAN CENTURY COMPANIES INC $189,444,654 2,283,291 7.19% Shares
Capital International Investors $187,496,685 2,259,813 7.11% Shares
VANGUARD CAPITAL MANAGEMENT LLC $163,983,401 1,976,418 6.22% Shares
FIRST TRUST ADVISORS LP $150,461,282 1,813,442 5.71% Shares
DIMENSIONAL FUND ADVISORS LP $130,605,898 1,574,134 4.95% Shares
GENDELL JEFFREY L $95,619,855 1,152,463 3.63% Shares
GEODE CAPITAL MANAGEMENT, LLC $94,150,145 1,134,547 3.57% Shares
STATE STREET CORP $89,484,804 1,078,520 3.39% Shares
PRINCIPAL FINANCIAL GROUP INC $78,539,900 946,606 2.98% Shares
RENAISSANCE TECHNOLOGIES LLC $66,399,232 800,280 2.52% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $65,262,709 786,582 2.48% Shares
FMR LLC $54,799,113 660,469 2.08% Shares
JACOBS LEVY EQUITY MANAGEMENT, INC $50,168,391 604,657 1.90% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $46,614,620 561,825 1.77% Shares
Boston Partners $45,222,324 545,163 1.72% Shares
FRED ALGER MANAGEMENT, LLC $40,896,577 492,908 1.55% Shares
DONALD SMITH & CO., INC. $40,406,722 487,004 1.53% Shares
Qube Research & Technologies Ltd $37,583,917 452,982 1.43% Shares
ALGERT GLOBAL LLC $31,788,960 383,138 1.21% Shares
AQR CAPITAL MANAGEMENT LLC $30,734,721 370,432 1.17% Shares
PANAGORA ASSET MANAGEMENT INC $30,161,918 363,528 1.14% Shares
BRIDGEWAY CAPITAL MANAGEMENT, LLC $27,802,915 335,096 1.05% Shares
OBERWEIS ASSET MANAGEMENT INC/ $26,815,904 323,200 1.02% Shares
VANGUARD FIDUCIARY TRUST CO $26,460,461 318,916 1.00% Shares
JB CAPITAL PARTNERS LP $25,932,605 312,554 0.98% Shares
NORGES BANK $25,594,005 308,473 0.97% Shares
MILLENNIUM MANAGEMENT LLC $22,310,384 268,897 0.85% Shares
Cubist Systematic Strategies, LLC $21,886,089 333,680 0.83% Shares
M&G PLC $20,755,893 250,071 0.79% Shares
BNP PARIBAS FINANCIAL MARKETS $20,223,191 243,741 0.77% Shares
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND $19,821,533 238,900 0.75% Shares
PRUDENTIAL FINANCIAL INC $19,014,401 229,172 0.72% Shares
Pictet Asset Management Holding SA $18,934,750 228,212 0.72% Shares
Westside Investment Management, Inc. $16,491,703 198,767 0.63% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $16,336,793 196,900 0.62% Call option
JPMORGAN CHASE & CO $16,277,744 196,779 0.62% Shares
PINNACLE ASSOCIATES LTD $15,799,396 190,423 0.60% Shares
OP Asset Management Ltd $15,371,188 185,262 0.58% Shares
UBS Group AG $14,653,912 176,617 0.56% Shares
TWO SIGMA INVESTMENTS, LP $14,204,464 171,200 0.54% Shares
TWO SIGMA ADVISERS, LP $13,819,524 206,200 0.52% Shares
Prescott Group Capital Management, L.L.C. $13,350,288 160,905 0.51% Shares
VICTORY CAPITAL MANAGEMENT INC $12,889,058 155,346 0.49% Shares
Balyasny Asset Management L.P. $12,273,171 147,923 0.47% Shares
BlackRock, Inc. $11,671,639 140,673 0.44% Shares
TUDOR INVESTMENT CORP ET AL $11,470,022 138,243 0.44% Shares
CITADEL ADVISORS LLC $11,250,732 135,600 0.43% Call option
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ $11,233,640 135,394 0.43% Shares
GOLDMAN SACHS GROUP INC $11,076,827 133,504 0.42% Shares
Voleon Capital Management LP $9,781,416 117,891 0.37% Shares
Trexquant Investment LP $9,260,116 111,608 0.35% Shares
Hillsdale Investment Management Inc. $8,822,200 106,330 0.33% Shares
LPL Financial LLC $8,791,650 105,962 0.33% Shares
BANK OF AMERICA CORP /DE/ $8,476,630 102,165 0.32% Shares
HENNESSY ADVISORS INC $8,396,564 101,200 0.32% Shares
FIRST WILSHIRE SECURITIES MANAGEMENT INC $8,279,410 99,788 0.31% Shares
NFJ INVESTMENT GROUP, LLC $8,246,554 99,392 0.31% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $8,155,951 98,300 0.31% Put option
Edgestream Partners, L.P. $7,781,590 93,788 0.30% Shares
D. E. Shaw & Co., Inc. $7,629,589 91,956 0.29% Shares
CITADEL ADVISORS LLC $7,514,759 90,572 0.29% Shares
Swiss National Bank $7,475,597 90,100 0.28% Shares
MORGAN STANLEY $7,271,076 87,635 0.28% Shares
STATE OF WISCONSIN INVESTMENT BOARD $6,716,007 80,945 0.25% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $6,546,914 78,907 0.25% Shares
Nuveen, LLC $6,469,503 77,974 0.25% Shares
JANE STREET GROUP, LLC $6,297,423 75,900 0.24% Call option
LAZARD ASSET MANAGEMENT LLC $6,220,427 74,972 0.24% Shares
Abacus FCF Advisors LLC $6,158,448 74,225 0.23% Shares
Foundry Partners, LLC $6,115,904 263,844 0.23% Shares
Hodges Capital Management Inc. $6,114,308 73,693 0.23% Shares
RHUMBLINE ADVISERS $5,747,816 69,276 0.22% Shares
CONGRUENCE CAPITAL, LLC $5,647,851 68,071 0.21% Shares
GLOBEFLEX CAPITAL L P $5,555,588 66,959 0.21% Shares
JANE STREET GROUP, LLC $5,542,396 66,800 0.21% Put option
DARK FOREST CAPITAL MANAGEMENT LP $5,335,469 64,306 0.20% Shares
VERUS CAPITAL PARTNERS, LLC $5,099,178 61,458 0.19% Shares
NAVELLIER & ASSOCIATES INC $4,960,196 59,783 0.19% Shares
Gotham Asset Management, LLC $4,727,133 56,974 0.18% Shares
AMERIPRISE FINANCIAL INC $4,518,463 54,459 0.17% Shares
Vest Financial, LLC $4,295,025 51,766 0.16% Shares
ALLIANCEBERNSTEIN L.P. $4,244,601 54,989 0.16% Shares
Connor, Clark & Lunn Investment Management Ltd. $4,171,483 50,277 0.16% Shares
CVFG LLC $4,164,265 50,190 0.16% Shares
CAPITAL FUND MANAGEMENT S.A. $4,139,539 49,892 0.16% Shares
SEGALL BRYANT & HAMILL, LLC $4,138,295 49,877 0.16% Shares
Neo Ivy Capital Management $4,124,936 49,716 0.16% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $4,054,636 52,528 0.15% Shares
SEI INVESTMENTS CO $4,025,040 48,512 0.15% Shares
Public Sector Pension Investment Board $3,696,065 44,547 0.14% Shares
Asset Management One Co., Ltd. $3,603,615 46,685 0.14% Shares
MARTINGALE ASSET MANAGEMENT L P $3,560,658 42,915 0.14% Shares
IRONWOOD INVESTMENT MANAGEMENT LLC $3,332,075 40,160 0.13% Shares
WOLVERINE TRADING, LLC $3,323,844 50,800 0.13% Call option
CANADA PENSION PLAN INVESTMENT BOARD $3,202,642 38,600 0.12% Shares
ICON ADVISERS INC/CO $3,152,860 38,000 0.12% Shares
FEDERATED HERMES, INC. $3,014,964 36,338 0.11% Shares
CAXTON ASSOCIATES LLP $2,977,378 35,885 0.11% Shares
Integrated Quantitative Investments LLC $2,973,977 35,844 0.11% Shares
Engineers Gate Manager LP $2,809,364 33,860 0.11% Shares

Company insiders 43 insiders · 18 officers · 22 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Gary G. Smalley CEO and President March 13, 2026 M 91,479 5 0 $1,037,762
Ryan Joseph Soroka Executive VP & CFO March 13, 2026 M 42,883 0 0 $0
Michael J. Kershaw Executive VP and CFO March 15, 2015 M 39,363 0 0 $0
Michael E Ciskey VP & CFO April 5, 2006 A 0 0 0 $0
James A Frost President & COO May 23, 2018 A 577,276 0 0 $0
Robert Band President Feb. 28, 2014 S 70,261 0 0 $0
Zohrab B Marashlian President, Perini Civil Jan. 3, 2007 M 10,000 0 0 $0
William E Jensen Executive Vice President June 19, 2026 M 49,369 0 0 $0
Henry Dieu SVP & Chief Accounting Officer June 19, 2026 M 2,488 0 0 $0
Ghassan Ariqat Executive Vice President June 19, 2026 M 12,871 0 0 $0
Kristiyan D Assouri EVP and Chief Legal Officer March 12, 2026 M 0 0 0 $0
Michael Francis Smithson Executive Vice President May 28, 2024 M 45,850 0 0 $0
Leonard John Rejcek Executive Vice President June 1, 2018 F 12,440 0 0 $0
Craig W Shaw Executive Vice President March 15, 2017 D 115,368 0 0 $0
Ronald P. Marano II VP & Chief Accounting Officer Sept. 15, 2016 M 9,363 0 0 $0
William Barney Sparks Executive VP, Treasurer Sept. 4, 2013 M 153,803 0 0 $0
Kenneth R Burk Executive Vice President June 3, 2013 S 0 0 0 $0
Steven M Meilicke VP & Corporate Controller March 19, 2012 M 5,276 0 0 $0
Dennis D Oklak Director June 17, 2026 G 83,488 0 0 $0
Robert C Lieber Director May 27, 2026 G 141,910 0 1 $-1,318,800
Peter Arkley Director May 20, 2026 A 219,054 7 0 $4,388,952
RONALD N. TUTOR Director March 11, 2026 A 0 0 9 $-36,579,706
Desai Jigisha Director Dec. 19, 2025 G 79,100 0 0 $0
Shahrokh Shah Director May 15, 2025 A 12,060 0 0 $0
Dale Anne Reiss Director May 15, 2025 A 36,340 0 0 $0
Michael R Klein Director May 16, 2024 S 25,226 0 0 $0
Michael Filip Horodniceanu Director May 17, 2023 A 94,467 0 0 $0
Dickran M. Tevrizian Jr. Director May 31, 2018 G 59,530 0 0 $0
Donald D Snyder Director May 31, 2018 A 44,104 0 0 $0
Thomas C Leppert Director May 26, 2017 A 7,081 0 0 $0
Robert Lee Miller Director May 30, 2013 A 80,753 0 0 $0
Martin R Melone Director May 30, 2013 A 15,280 0 0 $0
Willard Woodson Brittain JR Director June 2, 2011 A 14,436 0 0 $0
Chrysostomos L Nikias Director June 2, 2009 A 3,880 0 0 $0
Robert Archambault Kennedy Director June 2, 2009 A 5,000 0 0 $0
Martin Shubik Director Dec. 27, 2005 S 8,000 0 0 $0
Frederick Doppelt Director May 24, 2005 A 13,121 0 0 $0
Ronald N. Tutor Separate Property Trust 10% owner June 11, 2018 S 5,711,601 0 0 $0
TUTOR SALIBA CORP 10% owner May 14, 2007 S 1,935,229 0 0 $0
Sidney J Feltenstein Aug. 7, 2026 S 6,700 0 7 $-26,122,120
Raymond R Oneglia May 20, 2026 A 97,208 0 0 $0
Marilyn A Alexander May 27, 2015 A 26,703 0 0 $0
Mark Caspers Sept. 14, 2012 S 80,000 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 33 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
RONALD N. TUTOR, THE RONALD N. TUTOR SEPARATE PROPERTY TRUST, RONALD N. TUTOR 2018 DYNASTY TRUST, TUTOR MARITAL PROPERTY TRUST ×4 filings March 3, 2026 12.40% Amendment SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Nov. 13, 2024 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person June 21, 2021 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person June 11, 2020 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person March 26, 2015 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person May 15, 2014 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person May 22, 2013 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Nov. 29, 2012 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Sept. 21, 2012 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person March 22, 2012 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person March 9, 2012 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Dec. 6, 2011 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Sept. 16, 2011 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Aug. 29, 2011 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Aug. 19, 2011 Initial filing SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 73 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
PKB · Invesco Exchange-Traded Fund Trust 3.62% 138,683 SH Aug. 8, 2026 Daily
ABLD · Abacus FCF ETF Trust 1.61% 14,795 NS April 30, 2026 N-PORT
RNIN · EA Series Trust 1.43% 23,578 NS April 30, 2026 N-PORT
ABFL · Abacus FCF ETF Trust 1.38% 73,933 NS April 30, 2026 N-PORT
PSCI · Invesco Exchange-Traded Fund Trust … 1.30% 25,848 SH Aug. 8, 2026 Daily
VAMO · Cambria ETF Trust 1.02% 9,128 NS April 30, 2026 N-PORT
CALF · Pacer Funds Trust 0.88% 326,932 NS April 30, 2026 N-PORT
FNY · First Trust Exchange-Traded AlphaDE… 0.80% 44,414 NS April 30, 2026 N-PORT
AVUV · AMERICAN CENTURY ETF TRUST 0.46% 1,749,757 NS May 31, 2026 N-PORT
FNX · First Trust Exchange-Traded AlphaDE… 0.41% 58,934 NS April 30, 2026 N-PORT
OMFS · Invesco Exchange-Traded Self-Indexe… 0.39% 11,417 SH Aug. 8, 2026 Daily
SVAL · iShares Trust 0.39% 8,474 SH Aug. 8, 2026 Daily
IJT · iShares Trust 0.31% 270,629 SH Aug. 8, 2026 Daily
CLSE · Trust for Professional Managers 0.29% 24,801 NS May 31, 2026 N-PORT
IWO · iShares Trust 0.27% 415,230 SH Aug. 8, 2026 Daily
SDVD · First Trust Exchange-Traded Fund IV 0.27% 24,236 NS April 30, 2026 N-PORT
JPSE · J.P. Morgan Exchange-Traded Fund Tr… 0.27% 17,009 NS April 30, 2026 N-PORT
AVSC · AMERICAN CENTURY ETF TRUST 0.26% 102,168 NS May 31, 2026 N-PORT
PAVE · Global X Funds 0.26% 485,507 NS May 31, 2026 N-PORT
FAD · First Trust Exchange-Traded AlphaDE… 0.24% 12,210 NS April 30, 2026 N-PORT
IJR · iShares Trust 0.23% 2,694,670 SH Aug. 8, 2026 Daily
PRFZ · Invesco Exchange-Traded Fund Trust 0.23% 66,605 SH Aug. 8, 2026 Daily
AFSM · First Trust Exchange-Traded Fund VI… 0.23% 3,127 NS May 31, 2026 N-PORT
VTWG · VANGUARD SCOTTSDALE FUNDS 0.22% 49,073 SH Aug. 8, 2026 Daily
BBSC · J.P. Morgan Exchange-Traded Fund Tr… 0.21% 16,767 NS April 30, 2026 N-PORT
FBUF · Fidelity Greenwood Street Trust 0.20% 414 NS April 30, 2026 N-PORT
GSSC · Goldman Sachs ETF Trust 0.20% 27,897 NS May 31, 2026 N-PORT
BKSE · BNY Mellon ETF Trust 0.18% 1,586 NS April 30, 2026 N-PORT
FYEE · Fidelity Greenwood Street Trust 0.18% 3,240 NS April 30, 2026 N-PORT
IFRA · iShares Trust 0.16% 74,867 SH Aug. 8, 2026 Daily
IJS · iShares Trust 0.15% 134,188 SH Aug. 8, 2026 Daily
FHEQ · Fidelity Greenwood Street Trust 0.14% 12,519 NS April 30, 2026 N-PORT
IWM · iShares Trust 0.14% 1,163,807 SH Aug. 8, 2026 Daily
RSSL · Global X Funds 0.13% 19,284 NS April 30, 2026 N-PORT
FNDA · SCHWAB STRATEGIC TRUST 0.12% 155,622 NS May 31, 2026 N-PORT
VTWO · VANGUARD SCOTTSDALE FUNDS 0.12% 265,315 SH Aug. 8, 2026 Daily
FSMD · FIDELITY COVINGTON TRUST 0.11% 29,236 NS April 30, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.11% 162,688 NS April 30, 2026 N-PORT
SMLF · iShares Trust 0.09% 39,832 SH Aug. 8, 2026 Daily
DFSV · Dimensional ETF Trust 0.09% 70,954 NS April 30, 2026 N-PORT
ITWO · ProShares Trust 0.08% 2,098 NS May 31, 2026 N-PORT
ESML · iShares Trust 0.07% 21,111 SH Aug. 8, 2026 Daily
DXUV · Dimensional ETF Trust 0.07% 2,975 NS April 30, 2026 N-PORT
SCHA · SCHWAB STRATEGIC TRUST 0.07% 213,484 NS May 31, 2026 N-PORT
ISCG · iShares Trust 0.07% 6,968 SH Aug. 8, 2026 Daily
ISCV · iShares Trust 0.06% 4,698 SH Aug. 8, 2026 Daily
ISCB · iShares Trust 0.06% 1,924 SH Aug. 8, 2026 Daily
VFMO · VANGUARD WELLINGTON FUND 0.06% 14,966 SH Aug. 8, 2026 Daily
FIDU · FIDELITY COVINGTON TRUST 0.06% 13,397 NS April 30, 2026 N-PORT
DFAT · Dimensional ETF Trust 0.06% 86,839 NS April 30, 2026 N-PORT