Tutor Perini (TPC) Financials

$18.91 -4.03 (-17.57%)

Closing price 03:59 PM Eastern

Extended Trading

$19.00 +0.09 (+0.48%)

As of 05:38 PM Eastern

Annual Income Statements for Tutor Perini

This table shows Tutor Perini's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	108	45	96	148	83	-388	108	92	-210	-171	-164
Consolidated Net Income / (Loss)	108	45	96	155	98	-360	152	134	-193	-128	-122
Net Income / (Loss) Continuing Operations	108	45	96	155	98	-360	152	134	-193	-128	-122
Total Pre-Tax Income	187	74	149	154	133	-426	174	160	-268	-183	-173
Total Operating Income	242	105	202	179	192	-365	262	227	-205	-115	-104
Total Gross Profit	505	356	457	454	454	242	486	466	30	141	197
Total Revenue	4,492	4,920	4,973	4,757	4,455	4,451	5,319	4,642	3,791	3,880	4,327
Operating Revenue	4,492	4,920	4,973	4,757	4,455	4,451	5,319	4,642	3,791	3,880	4,327
Total Cost of Revenue	3,987	4,564	4,516	4,303	4,000	4,209	4,833	4,175	3,761	3,740	4,130
Operating Cost of Revenue	3,987	4,564	4,516	4,303	4,000	4,209	4,833	4,175	3,761	3,740	4,130
Total Operating Expenses	264	251	255	275	263	607	224	240	234	255	301
Selling, General & Admin Expense	264	251	255	275	263	227	224	240	234	255	301
Total Other Income / (Expense), net	-54	-32	-53	-26	-59	-61	-88	-67	-63	-68	-69
Interest Expense	46	45	60	69	64	67	76	69	70	85	89
Other Income / (Expense), net	-8.22	14	6.98	44	4.26	6.67	-12	2.00	6.73	17	20
Income Tax Expense	80	29	53	-0.57	35	-66	22	26	-75	-55	-51
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	-	6.16	14	27	44	42	17	44	41
Basic Earnings per Share	$2.22	$0.92	$1.95	$2.99	$1.67	($7.72)	$2.14	$1.80	($4.09)	($3.30)	($3.13)
Weighted Average Basic Shares Outstanding	48.56M	48.98M	49.15M	49.65M	49.95M	50.22M	50.66M	51.02M	51.32M	51.85M	52.32M
Diluted Earnings per Share	$2.20	$0.91	$1.92	$2.92	$1.66	($7.72)	$2.12	$1.79	($4.09)	($3.30)	($3.13)
Weighted Average Diluted Shares Outstanding	49.11M	49.67M	49.86M	50.76M	50.30M	50.22M	51.08M	51.37M	51.32M	51.85M	52.32M
Weighted Average Basic & Diluted Shares Outstanding	48.60M	49.20M	49.10M	49.60M	50M	50.30M	50.91M	51.10M	51.52M	52.03M	52.49M

This table shows Tutor Perini's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-32	-93	-49	-38	-37	-48	16	0.81	-101	-79
Consolidated Net Income / (Loss)	-24	-88	-49	-17	-26	-36	28	16	-90	-76
Net Income / (Loss) Continuing Operations	-24	-88	-49	-17	-26	-36	28	16	-90	-76
Total Pre-Tax Income	-24	-116	-97	-17	-30	-39	35	23	-124	-108
Total Operating Income	-6.89	-97	-82	2.39	-13	-22	49	40	-107	-86
Total Gross Profit	50	-37	-24	65	51	49	115	117	-26	-9.46
Total Revenue	1,071	907	776	1,022	1,061	1,021	1,049	1,127	1,083	1,068
Operating Revenue	1,071	907	776	1,022	1,061	1,021	1,049	1,127	1,083	1,068
Total Cost of Revenue	1,021	943	800	957	1,010	973	934	1,010	1,109	1,077
Operating Cost of Revenue	1,021	943	800	957	1,010	973	934	1,010	1,109	1,077
Total Operating Expenses	57	61	58	63	63	71	66	77	81	77
Selling, General & Admin Expense	57	61	58	63	63	71	66	77	81	77
Total Other Income / (Expense), net	-17	-18	-15	-19	-17	-17	-14	-17	-17	-21
Interest Expense	17	20	22	22	20	21	19	23	21	26
Other Income / (Expense), net	0.40	1.62	6.42	3.06	2.97	4.76	5.31	5.84	4.49	4.24
Income Tax Expense	0.56	-28	-48	0.19	-4.09	-2.95	7.31	7.28	-34	-31
Net Income / (Loss) Attributable to Noncontrolling Interest	8.39	5.25	0.27	21	11	11	12	15	11	3.22
Basic Earnings per Share	($0.63)	($1.81)	($0.95)	($0.72)	($0.71)	($0.92)	$0.30	$0.02	($1.92)	($1.53)
Weighted Average Basic Shares Outstanding	51.40M	51.32M	51.55M	51.80M	51.99M	51.85M	52.09M	52.33M	52.41M	52.32M
Diluted Earnings per Share	($0.63)	($1.81)	($0.95)	($0.72)	($0.71)	($0.92)	$0.30	$0.02	($1.92)	($1.53)
Weighted Average Diluted Shares Outstanding	51.40M	51.32M	51.55M	51.80M	51.99M	51.85M	52.52M	52.85M	52.41M	52.32M
Weighted Average Basic & Diluted Shares Outstanding	51.49M	51.52M	51.64M	51.98M	52.02M	52.03M	52.28M	52.39M	52.43M	52.49M

This table details how cash moves in and out of Tutor Perini's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	16	-60	75	1.04	-78	82	250	-240	62	121	70
Net Cash From Operating Activities	-57	14	113	164	21	137	173	-148	207	308	504
Net Cash From Continuing Operating Activities	-57	14	113	164	21	137	173	-148	207	308	504
Net Income / (Loss) Continuing Operations	108	45	96	155	98	-360	152	134	-193	-128	-122
Consolidated Net Income / (Loss)	108	45	96	155	98	-360	152	134	-193	-128	-122
Depreciation Expense	40	38	64	48	44	59	75	83	50	43	52
Amortization Expense	13	5.81	15	21	16	19	52	41	15	2.24	2.24
Non-Cash Adjustments To Reconcile Net Income	24	2.70	12	19	24	357	11	15	6.19	23	32
Changes in Operating Assets and Liabilities, net	-242	-78	-72	-80	-159	62	-117	-421	329	368	540
Net Cash From Investing Activities	-27	-32	-14	-87	-70	-76	-46	-37	-66	-78	-41
Net Cash From Continuing Investing Activities	-27	-32	-14	-87	-70	-76	-46	-37	-66	-78	-41
Purchase of Property, Plant & Equipment	-75	-36	-16	-30	-77	-84	-55	-39	-60	-53	-37
Purchase of Investments	-	-	-	-61	-21	-35	-31	-31	-24	-48	-36
Sale of Property, Plant & Equipment	5.34	4.98	1.90	2.74	6.39	13	15	7.25	8.60	10	4.75
Sale and/or Maturity of Investments	44	-	-	1.37	21	24	25	25	9.49	13	28
Net Cash From Financing Activities	99	-42	-24	-75	-29	22	123	-55	-79	-109	-393
Net Cash From Continuing Financing Activities	99	-42	-24	-75	-29	22	123	-55	-79	-109	-393
Repayment of Debt	-1,030	-1,054	-1,578	-2,210	-1,738	-871	-1,131	-778	-732	-776	-1,167
Payment of Dividends	-26	-	-	-17	-45	-47	-48	-23	-47	-47	-23
Issuance of Debt	1,157	1,013	1,554	2,161	1,753	932	1,301	741	694	712	787
Issuance of Common Equity	-	-	-	2.84	3.80	9.81	3.00	7.00	8.69	2.00	15
Other Financing Activities, net	0.79	-0.62	-0.32	-12	-2.67	-2.36	-1.40	-1.99	-1.73	-0.97	-5.56

This table details how cash moves in and out of Tutor Perini's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	31	-71	29	-28	57	63	-22	-94	22	163
Net Cash From Operating Activities	73	-44	21	56	103	128	98	53	23	330
Net Cash From Continuing Operating Activities	73	-44	21	56	103	128	98	53	23	330
Net Income / (Loss) Continuing Operations	-24	-88	-49	-17	-26	-36	28	16	-90	-76
Consolidated Net Income / (Loss)	-24	-88	-49	-17	-26	-36	28	16	-90	-76
Depreciation Expense	12	9.75	9.85	9.79	11	13	13	13	13	12
Amortization Expense	4.72	-2.19	1.56	-0.45	0.56	0.56	2.37	-1.25	0.56	0.56
Non-Cash Adjustments To Reconcile Net Income	0.00	2.84	-0.82	3.05	-59	80	3.93	16	16	-3.82
Changes in Operating Assets and Liabilities, net	80	33	60	61	176	71	51	9.22	82	397
Net Cash From Investing Activities	-11	-27	-6.89	-22	-14	-35	-10	-14	-3.28	-13
Net Cash From Continuing Investing Activities	-11	-27	-6.89	-22	-14	-35	-10	-14	-3.28	-13
Purchase of Property, Plant & Equipment	-14	-17	-18	-13	-15	-7.36	-10	-11	-6.91	-9.14
Purchase of Investments	-0.74	-13	-0.39	-14	-3.47	-30	-12	-10	-3.71	-9.86
Sale of Property, Plant & Equipment	0.32	1.86	6.54	0.22	2.25	1.06	0.63	0.81	1.51	1.81
Sale and/or Maturity of Investments	3.41	1.16	4.76	4.47	1.91	1.86	12	6.45	5.83	3.80
Net Cash From Financing Activities	-30	-0.13	14	-62	-31	-30	-110	-133	2.64	-153
Net Cash From Continuing Financing Activities	-30	-0.13	14	-62	-31	-30	-110	-133	2.64	-153
Repayment of Debt	-94	-199	-239	-333	-187	-17	-101	-725	-41	-300
Payment of Dividends	-22	-0.89	-8.50	-6.75	-11	-20	-7.40	-5.00	-	-11
Issuance of Debt	86	195	260	278	165	9.90	0.00	598	45	144
Issuance of Common Equity	-	4.73	2.00	-	2.50	-2.50	0.00	-	0.09	15
Other Financing Activities, net	-0.38	-0.35	-0.12	-0.16	-0.45	-0.23	-1.44	-0.75	-1.06	-2.30

This table presents Tutor Perini's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	3,773	3,861	4,039	4,264	4,388	4,486	5,046	4,725	4,543	4,430	4,243
Total Current Assets	2,473	2,609	2,838	3,074	3,176	3,511	4,080	3,862	3,679	3,521	3,287
Cash & Equivalents	136	75	146	193	116	194	374	202	259	381	455
Restricted Cash	44	46	51	58	62	79	156	94	106	144	149
Accounts Receivable	2,206	2,379	1,743	1,266	1,261	1,355	1,415	1,454	1,171	1,054	987
Other Current Assets	69	109	898	1,558	1,737	1,883	2,135	2,112	2,142	1,942	1,696
Plant, Property, & Equipment, net	528	524	478	467	491	510	489	430	435	441	423
Plant, Property & Equipment, gross	748	778	791	827	834	898	924	913	941	975	989
Accumulated Depreciation	220	254	314	359	344	388	434	483	506	534	566
Total Noncurrent Assets	773	729	723	722	721	465	476	433	429	467	533
Goodwill	585	585	585	585	585	205	205	205	205	205	205
Intangible Assets	100	97	93	89	86	155	123	85	71	68	66
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	-	-	-	-	16	74	143
Other Noncurrent Operating Assets	88	47	45	48	51	105	148	143	137	120	119
Total Liabilities & Shareholders' Equity	3,773	3,861	4,039	4,264	4,388	4,486	5,046	4,725	4,543	4,430	4,243
Total Liabilities	2,408	2,441	2,486	2,559	2,600	3,055	3,503	3,051	3,101	3,146	3,084
Total Current Liabilities	1,359	1,449	1,519	1,582	1,598	2,110	2,264	1,777	1,968	2,125	2,333
Short-Term Debt	81	89	86	31	17	124	100	24	70	117	24
Accounts Payable	798	937	994	700	622	683	795	512	495	467	631
Accrued Expenses	160	134	108	132	174	207	215	210	180	214	220
Current Deferred Revenue	319	288	331	-	-	844	839	762	976	1,104	1,217
Other Current Liabilities	-	-	-	719	212	252	315	269	247	223	241
Total Noncurrent Liabilities	1,049	992	967	977	1,002	945	1,238	1,274	1,133	1,021	751
Long-Term Debt	784	729	674	706	745	710	925	969	888	782	510
Noncurrent Deferred & Payable Income Tax Liabilities	150	123	131	109	106	36	83	71	4.65	0.96	0.00
Other Noncurrent Operating Liabilities	115	141	162	163	152	199	230	234	240	238	241
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,366	1,420	1,553	1,705	1,788	1,431	1,543	1,674	1,442	1,284	1,159
Total Preferred & Common Equity	1,366	1,420	1,553	1,713	1,809	1,440	1,554	1,655	1,450	1,292	1,135
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,366	1,420	1,553	1,713	1,809	1,440	1,554	1,655	1,450	1,292	1,135
Common Stock	1,075	1,085	1,125	1,134	1,153	1,168	1,178	1,184	1,192	1,198	1,199
Retained Earnings	333	378	474	622	702	314	422	514	304	133	-31
Accumulated Other Comprehensive Income / (Loss)	-42	-42	-45	-43	-45	-42	-47	-44	-47	-40	-34
Noncontrolling Interest	-	-	-	-8.50	-21	-9.62	-11	19	-7.73	-7.68	24

This table presents Tutor Perini's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	4,761	4,477	4,469	4,486	4,370	4,294	4,387
Total Current Assets	3,906	3,528	3,546	3,569	3,467	3,396	3,452
Cash & Equivalents	323	283	264	290	358	267	287
Restricted Cash	101	108	108	140	145	147	149
Accounts Receivable	1,253	1,141	1,227	1,161	1,057	1,087	1,311
Other Current Assets	2,229	1,996	1,948	1,977	1,906	1,895	1,704
Plant, Property, & Equipment, net	430	442	445	447	439	434	427
Total Noncurrent Assets	425	508	478	470	465	463	508
Goodwill	205	205	205	205	205	205	205
Intangible Assets	71	70	69	69	68	67	67
Noncurrent Deferred & Refundable Income Taxes	-	-	-	72	70	67	111
Other Noncurrent Operating Assets	149	232	203	124	122	124	125
Total Liabilities & Shareholders' Equity	4,761	4,477	4,469	4,486	4,370	4,294	4,387
Total Liabilities	3,242	3,087	3,100	3,152	3,067	2,978	3,155
Total Current Liabilities	2,041	1,934	1,956	2,037	2,043	2,061	2,232
Short-Term Debt	27	66	21	28	21	19	26
Accounts Payable	590	472	488	559	600	623	652
Accrued Expenses	217	172	196	199	192	208	277
Current Deferred Revenue	966	979	1,025	1,029	1,002	987	1,052
Other Current Liabilities	242	246	226	221	228	224	226
Total Noncurrent Liabilities	1,201	1,153	1,144	1,115	1,024	917	923
Long-Term Debt	934	914	906	877	780	658	656
Other Noncurrent Operating Liabilities	253	238	239	238	244	259	267
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,519	1,390	1,368	1,334	1,303	1,316	1,232
Total Preferred & Common Equity	1,537	1,404	1,368	1,332	1,307	1,310	1,214
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,537	1,404	1,368	1,332	1,307	1,310	1,214
Common Stock	1,191	1,194	1,196	1,197	1,198	1,200	1,201
Retained Earnings	397	255	218	181	149	150	49
Accumulated Other Comprehensive Income / (Loss)	-52	-45	-45	-46	-40	-40	-36
Noncontrolling Interest	-17	-14	0.61	2.45	-3.80	6.16	18

This table displays calculated financial ratios and metrics derived from Tutor Perini's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	7.58%	9.53%	1.07%	-4.34%	-6.36%	-0.09%	19.50%	-12.73%	-18.33%	2.36%	11.51%
EBITDA Growth	17.38%	-43.34%	76.49%	1.99%	-12.77%	-209.64%	234.84%	-6.59%	-137.89%	60.97%	42.32%
EBIT Growth	26.03%	-49.04%	75.57%	6.92%	-12.19%	-282.70%	169.90%	-8.66%	-186.55%	50.82%	13.88%
NOPAT Growth	9.21%	-53.54%	100.68%	38.83%	-21.46%	-280.60%	189.75%	-16.96%	-175.27%	44.03%	9.46%
Net Income Growth	23.64%	-58.04%	111.57%	61.28%	-36.73%	-468.40%	142.29%	-11.94%	-243.55%	33.74%	4.12%
EPS Growth	22.22%	-58.64%	110.99%	52.08%	-43.15%	-565.06%	127.46%	-15.57%	-328.49%	19.32%	5.15%
Operating Cash Flow Growth	-211.73%	124.83%	705.40%	44.31%	-86.91%	537.93%	26.55%	-185.92%	239.42%	49.04%	63.24%
Free Cash Flow Firm Growth	-705.12%	99.26%	12,690.95%	670.54%	-193.42%	113.20%	48.11%	-178.19%	234.62%	53.23%	68.00%
Invested Capital Growth	15.70%	3.20%	-0.03%	-38.98%	83.67%	-16.00%	2.30%	16.39%	-14.19%	-18.49%	-34.37%
Revenue Q/Q Growth	2.34%	-0.02%	0.93%	-1.11%	-0.22%	-0.12%	3.34%	-6.31%	-3.32%	3.05%	1.08%
EBITDA Q/Q Growth	4.26%	-15.14%	24.91%	-0.84%	14.71%	-165.28%	78.47%	-4.18%	-445.67%	60.55%	-174.82%
EBIT Q/Q Growth	0.78%	-26.88%	17.16%	3.25%	18.30%	-102.83%	181.12%	-5.69%	-338.87%	44.49%	-328.20%
NOPAT Q/Q Growth	-7.30%	-24.38%	29.03%	51.32%	-27.76%	-102.58%	16.59%	-3.53%	-300.72%	39.54%	-159.50%
Net Income Q/Q Growth	-4.88%	-29.56%	29.01%	51.58%	-21.92%	-57.58%	406.25%	-3.47%	-202.26%	28.79%	-48.81%
EPS Q/Q Growth	-5.17%	-30.00%	29.73%	50.52%	-26.55%	-53.78%	857.14%	-6.28%	-139.18%	21.24%	-24.21%
Operating Cash Flow Q/Q Growth	30.57%	-86.90%	29.43%	676.07%	-83.13%	-18.50%	10.66%	-33.97%	-18.98%	125.98%	66.94%
Free Cash Flow Firm Q/Q Growth	27.64%	-101.39%	12.23%	8,201.48%	-1,542.22%	-29.20%	-20.13%	-51.63%	-14.45%	158.09%	63.49%
Invested Capital Q/Q Growth	-2.44%	0.16%	0.87%	-42.08%	0.49%	-3.24%	0.60%	2.33%	-1.02%	-8.28%	-26.26%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	11.25%	7.24%	9.19%	9.55%	10.20%	5.43%	9.14%	10.05%	0.78%	3.62%	4.55%
EBITDA Margin	6.39%	3.31%	5.77%	6.16%	5.73%	-6.29%	7.10%	7.60%	-3.53%	-1.34%	-0.70%
Operating Margin	5.38%	2.14%	4.06%	3.77%	4.31%	-8.20%	4.93%	4.89%	-5.40%	-2.95%	-2.40%
EBIT Margin	5.20%	2.42%	4.20%	4.70%	4.40%	-8.05%	4.71%	4.93%	-5.22%	-2.51%	-1.94%
Profit (Net Income) Margin	2.40%	0.92%	1.93%	3.25%	2.20%	-8.09%	2.86%	2.89%	-5.08%	-3.29%	-2.83%
Tax Burden Percent	57.58%	61.34%	64.26%	100.37%	73.73%	84.59%	87.41%	83.96%	71.94%	69.90%	70.71%
Interest Burden Percent	80.28%	62.06%	71.38%	68.94%	67.61%	118.84%	69.58%	69.83%	135.17%	187.43%	206.27%
Effective Tax Rate	42.42%	38.66%	35.74%	-0.37%	26.27%	0.00%	12.59%	16.04%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	7.28%	3.10%	6.13%	10.57%	7.73%	-11.71%	11.38%	8.64%	-6.51%	-4.34%	-5.29%
ROIC Less NNEP Spread (ROIC-NNEP)	2.12%	0.30%	0.74%	6.47%	0.83%	-30.00%	-3.20%	-0.80%	-14.13%	-14.13%	-37.91%
Return on Net Nonoperating Assets (RNNOA)	0.98%	0.15%	0.31%	3.73%	0.44%	-10.67%	-1.14%	-0.30%	-5.86%	-5.02%	-4.73%
Return on Equity (ROE)	8.26%	3.25%	6.45%	14.30%	8.16%	-22.39%	10.25%	8.34%	-12.36%	-9.36%	-10.02%
Cash Return on Invested Capital (CROIC)	-7.28%	-0.05%	6.16%	58.99%	-51.27%	5.68%	9.11%	-6.51%	8.77%	16.03%	36.22%
Operating Return on Assets (OROA)	6.51%	3.12%	5.29%	6.48%	5.41%	-8.08%	5.26%	4.68%	-4.27%	-2.17%	-1.93%
Return on Assets (ROA)	3.01%	1.19%	2.43%	4.48%	2.70%	-8.12%	3.20%	2.75%	-4.16%	-2.84%	-2.82%
Return on Common Equity (ROCE)	8.26%	3.25%	6.45%	14.37%	8.27%	-22.60%	10.32%	8.32%	-12.32%	-9.41%	-9.95%
Return on Equity Simple (ROE_SIMPLE)	7.90%	3.19%	6.17%	25.00%	5.40%	-25.01%	9.80%	8.11%	-13.28%	-9.88%	-10.78%
Net Operating Profit after Tax (NOPAT)	139	65	130	180	141	-256	229	190	-143	-80	-73
NOPAT Margin	3.10%	1.31%	2.61%	3.79%	3.18%	-5.74%	4.31%	4.10%	-3.78%	-2.07%	-1.68%
Net Nonoperating Expense Percent (NNEP)	5.16%	2.80%	5.39%	4.11%	6.90%	18.29%	14.58%	9.44%	7.63%	9.79%	32.63%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-5.97%	-3.67%	-4.29%
Cost of Revenue to Revenue	88.75%	92.76%	90.81%	90.45%	89.80%	94.57%	90.86%	89.95%	99.22%	96.38%	95.45%
SG&A Expenses to Revenue	5.87%	5.10%	5.13%	5.78%	5.89%	5.10%	4.21%	5.16%	6.18%	6.58%	6.95%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	5.87%	5.10%	5.13%	5.78%	5.89%	13.63%	4.21%	5.16%	6.18%	6.58%	6.95%
Earnings before Interest and Taxes (EBIT)	233	119	209	223	196	-358	250	229	-198	-97	-84
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	287	163	287	293	255	-280	378	353	-134	-52	-30
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.86	0.58	0.89	2.04	0.44	0.45	0.42	0.38	0.27	0.37	1.12
Price to Tangible Book Value (P/TBV)	1.72	1.11	1.57	2.04	0.70	0.60	0.54	0.46	0.33	0.47	1.47
Price to Revenue (P/Rev)	0.26	0.17	0.28	0.27	0.18	0.15	0.12	0.14	0.10	0.12	0.29
Price to Earnings (P/E)	10.85	18.14	14.38	8.50	9.58	0.00	6.07	6.87	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	9.21%	5.51%	6.96%	11.76%	10.44%	0.00%	16.47%	14.55%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.91	0.72	0.92	0.97	0.57	0.60	0.56	0.57	0.48	0.51	1.12
Enterprise Value to Revenue (EV/Rev)	0.41	0.31	0.39	0.26	0.31	0.27	0.21	0.29	0.26	0.22	0.28
Enterprise Value to EBITDA (EV/EBITDA)	6.47	9.33	6.76	4.27	5.33	0.00	3.02	3.82	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	7.95	12.76	9.29	5.60	6.94	0.00	4.56	5.89	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	13.34	23.47	14.96	6.95	9.62	0.00	4.98	7.08	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	107.86	17.12	7.65	63.60	8.78	6.61	0.00	4.71	2.72	2.43
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	14.88	1.25	0.00	9.67	6.22	0.00	5.04	2.84	2.46
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.63	0.58	0.49	0.00	0.43	0.58	0.66	0.59	0.66	0.70	0.46
Long-Term Debt to Equity	0.57	0.51	0.43	0.00	0.42	0.50	0.60	0.58	0.62	0.61	0.44
Financial Leverage	0.46	0.50	0.42	0.58	0.53	0.36	0.36	0.37	0.41	0.36	0.12
Leverage Ratio	2.74	2.74	2.66	3.19	3.02	2.76	3.21	3.04	2.97	3.29	3.55
Compound Leverage Factor	2.20	1.70	1.90	2.20	2.04	3.28	2.23	2.12	4.02	6.17	7.32
Debt to Total Capital	38.79%	36.54%	32.84%	0.00%	29.87%	36.84%	39.93%	37.25%	39.93%	41.20%	31.55%
Short-Term Debt to Total Capital	3.64%	3.97%	3.71%	0.00%	0.66%	5.48%	3.90%	0.92%	2.93%	5.38%	1.42%
Long-Term Debt to Total Capital	35.15%	32.56%	29.13%	0.00%	29.21%	31.37%	36.03%	36.34%	37.00%	35.83%	30.13%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	-1.68%	-0.84%	-0.42%	-0.42%	0.70%	-0.32%	-0.35%	1.41%
Common Equity to Total Capital	61.21%	63.46%	67.16%	101.68%	70.97%	63.58%	60.50%	62.04%	60.39%	59.15%	67.03%
Debt to EBITDA	3.01	5.03	2.64	0.00	2.98	-2.98	2.72	2.82	-7.17	-17.25	-17.75
Net Debt to EBITDA	2.39	4.28	1.96	0.00	2.28	-2.00	1.31	1.98	-4.44	-7.18	2.33
Long-Term Debt to EBITDA	2.73	4.48	2.35	0.00	2.92	-2.54	2.45	2.75	-6.64	-15.00	-16.95
Debt to NOPAT	6.22	12.65	5.85	0.00	5.38	-3.27	4.47	5.22	-6.69	-11.22	-7.35
Net Debt to NOPAT	4.92	10.77	4.34	0.00	4.12	-2.20	2.16	3.67	-4.14	-4.67	0.96
Long-Term Debt to NOPAT	5.63	11.27	5.19	0.00	5.26	-2.78	4.04	5.09	-6.20	-9.75	-7.02
Altman Z-Score	2.16	2.08	2.29	3.30	2.00	1.33	1.88	1.95	1.31	1.31	1.46
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	-0.47%	-1.31%	-0.96%	-0.69%	0.25%	0.36%	-0.57%	0.66%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.82	1.80	1.87	1.96	1.99	1.66	1.80	2.17	1.87	1.66	1.41
Quick Ratio	1.72	1.69	1.24	0.87	0.86	0.73	0.79	0.93	0.73	0.68	0.62
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-139	-1.04	130	1,005	-939	124	184	-144	193	296	497
Operating Cash Flow to CapEx	-81.34%	45.49%	818.67%	593.95%	30.28%	190.64%	429.45%	-473.55%	404.39%	719.20%	1,541.92%
Free Cash Flow to Firm to Interest Expense	-3.02	-0.02	2.18	14.48	-14.78	1.84	2.41	-2.08	2.78	3.48	5.58
Operating Cash Flow to Interest Expense	-1.23	0.31	1.90	2.36	0.34	2.02	2.27	-2.15	2.97	3.62	5.65
Operating Cash Flow Less CapEx to Interest Expense	-2.74	-0.37	1.66	1.96	-0.78	0.96	1.74	-2.60	2.24	3.12	5.28
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.25	1.29	1.26	1.38	1.23	1.00	1.12	0.95	0.82	0.86	1.00
Accounts Receivable Turnover	2.57	2.15	2.41	3.16	3.53	3.40	3.84	3.24	2.89	3.49	4.24
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	8.76	9.36	9.93	0.00	0.00	8.90	10.65	10.10	8.77	8.86	10.01
Accounts Payable Turnover	5.12	5.26	4.68	5.08	6.05	6.45	6.54	6.39	7.47	7.78	7.52
Days Sales Outstanding (DSO)	142.07	170.05	151.27	115.43	103.52	107.25	95.03	112.81	126.40	104.65	86.08
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	71.24	69.40	78.06	71.85	60.30	56.56	55.79	57.11	48.88	46.94	48.52
Cash Conversion Cycle (CCC)	70.83	100.65	73.21	43.59	43.22	50.69	39.24	55.70	77.51	57.71	37.56
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,051	2,117	2,116	1,291	2,371	1,992	2,038	2,372	2,035	1,659	1,089
Invested Capital Turnover	2.35	2.36	2.35	2.79	2.43	2.04	2.64	2.11	1.72	2.10	3.15
Increase / (Decrease) in Invested Capital	278	66	-0.67	-825	1,080	-379	46	334	-337	-376	-570
Enterprise Value (EV)	1,857	1,518	1,941	1,252	1,361	1,198	1,142	1,348	974	841	1,223
Market Capitalization	1,172	821	1,378	1,262	799	647	658	632	389	473	1,269
Book Value per Share	$28.06	$28.94	$31.56	$12.42	$36.16	$28.64	$30.57	$32.40	$28.16	$24.83	$21.64
Tangible Book Value per Share	$13.98	$15.05	$17.78	$12.42	$22.75	$21.47	$24.11	$26.72	$22.80	$19.57	$16.47
Total Capital	2,231	2,238	2,313	608	2,549	2,265	2,568	2,667	2,400	2,184	1,693
Total Debt	865	818	760	0.00	762	834	1,025	994	958	900	534
Total Long-Term Debt	784	729	674	0.00	745	710	925	969	888	782	510
Net Debt	685	696	563	0.00	583	561	495	698	593	375	-70
Capital Expenditures (CapEx)	70	31	14	28	71	72	40	31	51	43	33
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,015	1,128	1,208	1,398	1,416	1,252	1,386	1,814	1,416	989	374
Debt-free Net Working Capital (DFNWC)	1,195	1,249	1,405	1,398	1,594	1,525	1,916	2,110	1,782	1,514	978
Net Working Capital (NWC)	1,114	1,160	1,319	1,398	1,578	1,401	1,816	2,085	1,711	1,396	954
Net Nonoperating Expense (NNE)	31	19	34	26	44	105	77	56	49	47	50
Net Nonoperating Obligations (NNO)	685	696	563	683	583	561	495	698	593	375	-70
Total Depreciation and Amortization (D&A)	54	44	78	70	59	78	127	124	64	45	54
Debt-free, Cash-free Net Working Capital to Revenue	22.60%	22.92%	24.29%	29.39%	31.80%	28.13%	26.05%	39.08%	37.36%	25.48%	8.64%
Debt-free Net Working Capital to Revenue	26.61%	25.38%	28.25%	29.39%	35.79%	34.27%	36.03%	45.45%	47.00%	39.01%	22.60%
Net Working Capital to Revenue	24.80%	23.58%	26.52%	29.39%	35.42%	31.48%	34.15%	44.93%	45.14%	35.99%	22.05%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.22	$0.92	$1.95	$2.99	$1.67	($7.72)	$2.14	$1.80	($4.09)	($3.30)	($3.13)
Adjusted Weighted Average Basic Shares Outstanding	48.56M	48.98M	49.15M	49.65M	49.95M	50.22M	50.66M	51.02M	51.32M	51.85M	52.32M
Adjusted Diluted Earnings per Share	$2.20	$0.91	$1.92	$2.92	$1.66	($7.72)	$2.12	$1.79	($4.09)	($3.30)	($3.13)
Adjusted Weighted Average Diluted Shares Outstanding	49.11M	49.67M	49.86M	50.76M	50.30M	50.22M	51.08M	51.37M	51.32M	51.85M	52.32M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	48.67M	49.07M	49.22M	49.79M	50.10M	50.30M	50.91M	51.10M	51.52M	52.03M	52.49M
Normalized Net Operating Profit after Tax (NOPAT)	139	65	130	126	141	10	229	190	-143	-80	-73
Normalized NOPAT Margin	3.10%	1.31%	2.61%	2.64%	3.18%	0.23%	4.31%	4.10%	-3.78%	-2.07%	-1.68%
Pre Tax Income Margin	4.17%	1.50%	3.00%	3.24%	2.98%	-9.57%	3.28%	3.44%	-7.06%	-4.70%	-4.00%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.07	2.64	3.49	3.22	3.09	-5.31	3.29	3.31	-2.84	-1.14	-0.94
NOPAT to Interest Expense	3.02	1.43	2.17	2.60	2.23	-3.79	3.01	2.76	-2.06	-0.94	-0.81
EBIT Less CapEx to Interest Expense	3.56	1.95	3.26	2.82	1.98	-6.37	2.76	2.86	-3.58	-1.65	-1.31
NOPAT Less CapEx to Interest Expense	1.51	0.75	1.94	2.20	1.11	-4.85	2.48	2.30	-2.79	-1.45	-1.18
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	24.49%	0.00%	0.00%	11.32%	45.97%	-12.91%	31.82%	16.89%	-24.61%	-36.44%	-19.05%
Augmented Payout Ratio	26.13%	0.00%	0.00%	11.32%	45.97%	-12.91%	31.82%	16.89%	-24.61%	-36.44%	-19.05%

This table displays calculated financial ratios and metrics derived from Tutor Perini's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-9.11%	-12.55%	-18.47%	18.67%	-0.95%	12.66%	35.13%	10.35%	2.08%	4.52%
EBITDA Growth	-87.93%	-204.91%	-529.47%	121.03%	-83.63%	94.93%	208.41%	295.80%	-5,541.79%	-1,449.96%
EBIT Growth	-112.58%	-267.72%	-1,116.23%	106.08%	-47.79%	81.51%	171.65%	750.73%	-965.94%	-362.88%
NOPAT Growth	-112.33%	-219.27%	-727.14%	102.64%	-82.33%	76.93%	167.22%	1,564.02%	-749.97%	-283.75%
Net Income Growth	-191.73%	-312.83%	-160.08%	72.97%	-7.30%	58.85%	156.21%	195.26%	-246.94%	-111.23%
EPS Growth	-310.00%	-417.54%	-126.19%	41.46%	-12.70%	49.17%	131.58%	102.78%	-170.42%	-66.30%
Operating Cash Flow Growth	440.50%	-1,164.05%	-82.34%	-2.81%	42.13%	388.13%	360.77%	-5.65%	-78.13%	158.17%
Free Cash Flow Firm Growth	201.54%	196.96%	262.18%	263.29%	-7.09%	34.36%	102.28%	71.29%	7.92%	41.36%
Invested Capital Growth	-11.29%	-14.19%	-11.75%	-10.07%	-12.03%	-18.49%	-19.13%	-17.88%	-18.37%	-34.37%
Revenue Q/Q Growth	24.38%	-15.34%	-14.38%	31.62%	3.81%	-3.70%	2.69%	7.48%	-3.96%	-1.40%
EBITDA Q/Q Growth	114.18%	-984.82%	24.16%	123.06%	-88.96%	-374.02%	3,564.86%	-15.79%	-251.73%	21.95%
EBIT Q/Q Growth	92.75%	-1,374.87%	21.16%	107.21%	-276.26%	-84.56%	405.47%	-14.39%	-320.85%	19.86%
NOPAT Q/Q Growth	92.39%	-1,313.39%	15.88%	102.91%	-626.21%	-78.85%	345.11%	-27.86%	-368.79%	19.25%
Net Income Q/Q Growth	61.19%	-264.23%	44.19%	65.74%	-54.06%	-39.70%	176.23%	-41.94%	-661.10%	14.95%
EPS Q/Q Growth	48.78%	-187.30%	47.51%	24.21%	1.39%	-29.58%	132.61%	-93.33%	-9,700.00%	20.31%
Operating Cash Flow Q/Q Growth	25.24%	-161.05%	148.14%	164.08%	83.16%	23.75%	-23.02%	-45.93%	-57.55%	1,361.07%
Free Cash Flow Firm Q/Q Growth	330.02%	4.51%	-23.15%	5.19%	9.98%	51.13%	15.70%	-10.92%	-30.71%	97.95%
Invested Capital Q/Q Growth	-3.84%	-1.02%	-2.73%	-2.87%	-5.94%	-8.28%	-3.49%	-1.37%	-6.50%	-26.26%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	4.70%	-4.06%	-3.11%	6.36%	4.80%	4.79%	10.99%	10.38%	-2.39%	-0.89%
EBITDA Margin	0.93%	-9.73%	-8.26%	1.45%	0.15%	-0.44%	6.63%	5.19%	-8.20%	-6.49%
Operating Margin	-0.64%	-10.74%	-10.56%	0.23%	-1.18%	-2.20%	4.65%	3.59%	-9.86%	-8.08%
EBIT Margin	-0.61%	-10.57%	-9.73%	0.53%	-0.91%	-1.73%	5.16%	4.11%	-9.45%	-7.68%
Profit (Net Income) Margin	-2.25%	-9.67%	-6.30%	-1.64%	-2.43%	-3.53%	2.62%	1.42%	-8.27%	-7.14%
Tax Burden Percent	102.38%	75.76%	50.42%	101.17%	86.34%	92.43%	79.01%	68.69%	72.53%	70.88%
Interest Burden Percent	361.97%	120.80%	128.48%	-304.26%	311.62%	220.32%	64.32%	50.18%	120.74%	131.12%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	20.99%	31.31%	0.00%	0.00%
Return on Invested Capital (ROIC)	-0.81%	-12.94%	-12.65%	0.30%	-1.62%	-3.24%	8.53%	6.00%	-18.00%	-17.81%
ROIC Less NNEP Spread (ROIC-NNEP)	-3.95%	-15.96%	-11.23%	-2.97%	-4.98%	-7.44%	6.04%	3.10%	-22.12%	-28.21%
Return on Net Nonoperating Assets (RNNOA)	-1.54%	-6.61%	-4.39%	-1.14%	-1.77%	-2.64%	1.99%	0.94%	-6.20%	-3.52%
Return on Equity (ROE)	-2.34%	-19.55%	-17.04%	-0.84%	-3.38%	-5.88%	10.52%	6.95%	-24.20%	-21.33%
Cash Return on Invested Capital (CROIC)	10.33%	8.77%	3.31%	4.27%	5.94%	16.03%	21.78%	21.81%	18.53%	36.22%
Operating Return on Assets (OROA)	-0.50%	-8.64%	-7.59%	0.44%	-0.74%	-1.50%	4.84%	3.99%	-9.12%	-7.66%
Return on Assets (ROA)	-1.84%	-7.91%	-4.92%	-1.35%	-1.98%	-3.05%	2.46%	1.38%	-7.99%	-7.12%
Return on Common Equity (ROCE)	-2.35%	-19.48%	-17.03%	-0.84%	-3.40%	-5.91%	10.59%	6.93%	-24.00%	-21.19%
Return on Equity Simple (ROE_SIMPLE)	-4.15%	0.00%	-15.87%	-12.97%	-13.46%	0.00%	-3.91%	-1.41%	-6.77%	0.00%
Net Operating Profit after Tax (NOPAT)	-4.82	-68	-57	1.67	-8.80	-16	39	28	-75	-60
NOPAT Margin	-0.45%	-7.52%	-7.39%	0.16%	-0.83%	-1.54%	3.68%	2.47%	-6.90%	-5.65%
Net Nonoperating Expense Percent (NNEP)	3.15%	3.02%	-1.42%	3.28%	3.37%	4.20%	2.49%	2.90%	4.13%	10.39%
Return On Investment Capital (ROIC_SIMPLE)	-	-2.84%	-	-	-	-0.72%	-	-	-	-3.57%
Cost of Revenue to Revenue	95.30%	104.06%	103.11%	93.64%	95.20%	95.21%	89.01%	89.62%	102.39%	100.89%
SG&A Expenses to Revenue	5.34%	6.68%	7.44%	6.12%	5.98%	6.99%	6.33%	6.79%	7.48%	7.19%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	5.34%	6.68%	7.44%	6.12%	5.98%	6.99%	6.33%	6.79%	7.48%	7.19%
Earnings before Interest and Taxes (EBIT)	-6.50	-96	-76	5.45	-9.60	-18	54	46	-102	-82
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	9.97	-88	-64	15	1.63	-4.47	70	59	-89	-69
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.18	0.27	0.23	0.27	0.31	0.37	0.58	0.87	1.17	1.12
Price to Tangible Book Value (P/TBV)	0.22	0.33	0.28	0.34	0.38	0.47	0.73	1.10	1.51	1.47
Price to Revenue (P/Rev)	0.07	0.10	0.09	0.10	0.11	0.12	0.18	0.27	0.33	0.29
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.39	0.48	0.45	0.48	0.49	0.51	0.65	0.89	1.14	1.12
Enterprise Value to Revenue (EV/Rev)	0.20	0.26	0.25	0.24	0.23	0.22	0.25	0.33	0.39	0.28
Enterprise Value to EBITDA (EV/EBITDA)	20.76	0.00	0.00	0.00	0.00	0.00	12.04	10.77	41.92	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	32.44	19.25	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	92.51	37.06	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	3.14	4.71	8.31	8.73	6.48	2.72	2.71	3.68	5.59	2.43
Enterprise Value to Free Cash Flow (EV/FCFF)	3.55	5.04	12.79	10.67	7.70	2.84	2.68	3.69	5.54	2.46
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.63	0.66	0.71	0.68	0.68	0.70	0.61	0.51	0.55	0.46
Long-Term Debt to Equity	0.61	0.62	0.66	0.66	0.66	0.61	0.60	0.50	0.53	0.44
Financial Leverage	0.39	0.41	0.39	0.38	0.35	0.36	0.33	0.30	0.28	0.12
Leverage Ratio	3.04	2.97	3.05	3.13	3.24	3.29	3.29	3.26	3.46	3.55
Compound Leverage Factor	11.02	3.59	3.92	-9.52	10.10	7.25	2.11	1.64	4.18	4.66
Debt to Total Capital	38.75%	39.93%	41.37%	40.37%	40.42%	41.20%	38.07%	33.95%	35.62%	31.55%
Short-Term Debt to Total Capital	1.08%	2.93%	2.79%	0.90%	1.25%	5.38%	1.00%	0.93%	1.34%	1.42%
Long-Term Debt to Total Capital	37.66%	37.00%	38.58%	39.47%	39.16%	35.83%	37.07%	33.01%	34.27%	30.13%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	-0.69%	-0.32%	-0.58%	0.03%	0.11%	-0.35%	-0.18%	0.31%	0.95%	1.41%
Common Equity to Total Capital	61.95%	60.39%	59.21%	59.60%	59.47%	59.15%	62.11%	65.74%	63.43%	67.03%
Debt to EBITDA	24.86	-7.17	-4.69	-7.48	-6.84	-17.25	9.22	5.18	16.95	-17.75
Net Debt to EBITDA	13.88	-4.44	-2.82	-4.48	-3.59	-7.18	3.42	2.01	6.08	2.33
Long-Term Debt to EBITDA	24.16	-6.64	-4.38	-7.31	-6.63	-15.00	8.98	5.03	16.31	-16.95
Debt to NOPAT	-26.87	-6.69	-5.06	-7.20	-6.82	-11.22	70.85	17.81	-24.35	-7.35
Net Debt to NOPAT	-15.00	-4.14	-3.04	-4.31	-3.58	-4.67	26.32	6.92	-8.74	0.96
Long-Term Debt to NOPAT	-26.12	-6.20	-4.72	-7.04	-6.61	-9.75	68.98	17.32	-23.43	-7.02
Altman Z-Score	1.46	1.39	1.32	1.42	1.38	1.37	1.58	1.68	1.52	1.46
Noncontrolling Interest Sharing Ratio	-0.25%	0.36%	0.03%	-0.05%	-0.52%	-0.57%	-0.65%	0.25%	0.80%	0.66%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.91	1.87	1.82	1.81	1.75	1.66	1.70	1.65	1.55	1.41
Quick Ratio	0.77	0.73	0.74	0.76	0.71	0.68	0.69	0.66	0.72	0.62
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	257	268	206	217	239	361	417	372	258	510
Operating Cash Flow to CapEx	531.88%	-293.23%	189.48%	446.68%	811.08%	2,024.10%	1,002.18%	525.50%	417.18%	4,495.01%
Free Cash Flow to Firm to Interest Expense	15.09	13.47	9.59	9.86	11.75	16.92	21.61	16.10	12.13	19.98
Operating Cash Flow to Interest Expense	4.27	-2.22	0.99	2.56	5.08	5.99	5.09	2.30	1.06	12.91
Operating Cash Flow Less CapEx to Interest Expense	3.46	-2.98	0.47	1.99	4.45	5.69	4.58	1.86	0.81	12.63
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.82	0.82	0.78	0.82	0.81	0.86	0.94	0.97	0.97	1.00
Accounts Receivable Turnover	2.93	2.89	2.83	2.95	3.12	3.49	3.78	3.68	3.46	4.24
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	9.00	8.77	8.33	8.65	8.58	8.86	9.44	9.69	9.79	10.01
Accounts Payable Turnover	6.00	7.47	7.10	7.13	6.46	7.78	7.22	7.07	6.65	7.52
Days Sales Outstanding (DSO)	124.73	126.40	128.93	123.92	117.00	104.65	96.58	99.16	105.38	86.08
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	60.79	48.88	51.42	51.16	56.49	46.94	50.52	51.62	54.88	48.52
Cash Conversion Cycle (CCC)	63.93	77.51	77.52	72.76	60.51	57.71	46.06	47.55	50.49	37.56
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,056	2,035	1,980	1,923	1,809	1,659	1,601	1,579	1,476	1,089
Invested Capital Turnover	1.79	1.72	1.71	1.86	1.95	2.10	2.32	2.43	2.61	3.15
Increase / (Decrease) in Invested Capital	-262	-337	-264	-215	-247	-376	-379	-344	-332	-570
Enterprise Value (EV)	803	974	894	924	884	841	1,046	1,408	1,686	1,223
Market Capitalization	283	389	318	369	407	473	752	1,139	1,423	1,269
Book Value per Share	$29.92	$28.16	$27.24	$26.48	$25.62	$24.83	$25.09	$25.05	$23.16	$21.64
Tangible Book Value per Share	$24.54	$22.80	$21.90	$21.16	$20.35	$19.57	$19.85	$19.85	$17.98	$16.47
Total Capital	2,480	2,400	2,370	2,294	2,239	2,184	2,104	1,993	1,913	1,693
Total Debt	961	958	981	926	905	900	801	676	681	534
Total Long-Term Debt	934	888	914	906	877	782	780	658	656	510
Net Debt	537	593	590	555	475	375	298	263	245	-70
Capital Expenditures (CapEx)	14	15	11	13	13	6.31	9.81	10	5.41	7.33
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,467	1,416	1,269	1,239	1,130	989	941	941	808	374
Debt-free Net Working Capital (DFNWC)	1,892	1,782	1,660	1,611	1,560	1,514	1,445	1,354	1,245	978
Net Working Capital (NWC)	1,865	1,711	1,593	1,590	1,532	1,396	1,424	1,336	1,220	954
Net Nonoperating Expense (NNE)	19	19	-8.43	18	17	20	11	12	15	16
Net Nonoperating Obligations (NNO)	537	593	590	555	475	375	298	263	245	-70
Total Depreciation and Amortization (D&A)	16	7.56	11	9.34	11	13	15	12	14	13
Debt-free, Cash-free Net Working Capital to Revenue	37.42%	37.36%	35.09%	32.81%	30.01%	25.48%	22.66%	22.08%	18.89%	8.64%
Debt-free Net Working Capital to Revenue	48.25%	47.00%	45.91%	42.66%	41.43%	39.01%	34.79%	31.80%	29.09%	22.60%
Net Working Capital to Revenue	47.57%	45.14%	44.08%	42.11%	40.69%	35.99%	34.28%	31.36%	28.49%	22.05%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.63)	($1.81)	($0.95)	($0.72)	($0.71)	($0.92)	$0.30	$0.02	($1.92)	($1.53)
Adjusted Weighted Average Basic Shares Outstanding	51.40M	51.32M	51.55M	51.80M	51.99M	51.85M	52.09M	52.33M	52.41M	52.32M
Adjusted Diluted Earnings per Share	($0.63)	($1.81)	($0.95)	($0.72)	($0.71)	($0.92)	$0.30	$0.02	($1.92)	($1.53)
Adjusted Weighted Average Diluted Shares Outstanding	51.40M	51.32M	51.55M	51.80M	51.99M	51.85M	52.52M	52.85M	52.41M	52.32M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	51.49M	51.52M	51.64M	51.98M	52.02M	52.03M	52.28M	52.39M	52.43M	52.49M
Normalized Net Operating Profit after Tax (NOPAT)	-4.82	-68	-57	1.67	-8.80	-16	39	28	-75	-60
Normalized NOPAT Margin	-0.45%	-7.52%	-7.39%	0.16%	-0.83%	-1.54%	3.68%	2.47%	-6.90%	-5.65%
Pre Tax Income Margin	-2.20%	-12.76%	-12.50%	-1.62%	-2.82%	-3.82%	3.32%	2.06%	-11.41%	-10.07%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.38	-4.81	-3.51	0.25	-0.47	-0.83	2.80	2.01	-4.82	-3.21
NOPAT to Interest Expense	-0.28	-3.42	-2.67	0.08	-0.43	-0.74	2.00	1.21	-3.52	-2.37
EBIT Less CapEx to Interest Expense	-1.18	-5.57	-4.03	-0.33	-1.10	-1.13	2.30	1.57	-5.08	-3.50
NOPAT Less CapEx to Interest Expense	-1.09	-4.18	-3.19	-0.50	-1.06	-1.03	1.49	0.77	-3.78	-2.65
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-81.47%	-24.61%	-21.73%	-21.49%	-15.28%	-36.44%	-88.73%	-236.80%	-39.41%	-19.05%
Augmented Payout Ratio	-81.47%	-24.61%	-21.73%	-21.49%	-15.28%	-36.44%	-88.73%	-236.80%	-39.41%	-19.05%

Frequently Asked Questions About Tutor Perini's Financials

When does Tutor Perini's fiscal year end?

According to the most recent income statement we have on file, Tutor Perini's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Tutor Perini's net income changed over the last 10 years?

Tutor Perini's net income appears to be on an upward trend, with a most recent value of -$122.34 million in 2024, falling from $107.94 million in 2014. The previous period was -$127.60 million in 2023. See Tutor Perini's forecast for analyst expectations on what’s next for the company.

What is Tutor Perini's operating income?

Tutor Perini's total operating income in 2024 was -$103.75 million, based on the following breakdown:

Total Gross Profit: $197.04 million
Total Operating Expenses: $300.79 million

How has Tutor Perini revenue changed over the last 10 years?

Over the last 10 years, Tutor Perini's total revenue changed from $4.49 billion in 2014 to $4.33 billion in 2024, a change of -3.7%.

How much debt does Tutor Perini have?

Tutor Perini's total liabilities were at $3.08 billion at the end of 2024, a 2.0% decrease from 2023, and a 28.1% increase since 2014.

How much cash does Tutor Perini have?

In the past 10 years, Tutor Perini's cash and equivalents has ranged from $75.45 million in 2015 to $455.08 million in 2024, and is currently $455.08 million as of their latest financial filing in 2024.

How has Tutor Perini's book value per share changed over the last 10 years?

Over the last 10 years, Tutor Perini's book value per share changed from 28.06 in 2014 to 21.64 in 2024, a change of -22.9%.

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This page (NYSE:TPC) was last updated on 5/5/2025 by MarketBeat.com Staff

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Tutor Perini (TPC) Financials

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