Tutor Perini Corporation (TPC)

Tutor Perini Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,103	4,327	3,880	3,791	4,642	5,319
Revenue Growth (YoY)	19.22%	11.51%	2.36%	-18.34%	-12.73%	19.50%
Cost of Revenue	4,613	4,130	3,740	3,761	4,175	4,833
Gross Profit	490.33	197.04	140.62	29.61	466.39	486.15
Selling, General & Admin	392.99	299.13	253.52	231.81	236.73	221.4
Operating Expenses	392.99	299.13	253.52	231.81	236.73	221.4
Operating Income	97.34	-102.09	-112.9	-202.19	229.67	264.75
Interest Expense	-67.01	-89.13	-85.16	-69.64	-69.03	-76.21
Other Non Operating Income (Expenses)	20.56	18.09	15.39	4.04	2.13	-13.95
EBT Excluding Unusual Items	50.89	-173.14	-182.67	-267.79	162.77	174.59
Gain (Loss) on Sale of Investments	0.3	0.13	0.12	0.12	-0.35	-0.32
Gain (Loss) on Sale of Assets	-	-	-	-	-2.64	-
Pretax Income	51.19	-173.01	-182.55	-267.67	159.78	174.28
Income Tax Expense	18.71	-50.67	-54.96	-75.1	25.63	21.94
Earnings From Continuing Operations	32.48	-122.34	-127.6	-192.57	134.15	152.34
Minority Interest in Earnings	-60.3	-41.38	-43.56	-17.44	-42.23	-43.94
Net Income	-27.83	-163.72	-171.16	-210.01	91.93	108.39
Net Income to Common	-27.83	-163.72	-171.16	-210.01	91.93	108.39
Net Income Growth	-	-	-	-	-15.19%	-
Shares Outstanding (Basic)	53	52	52	51	51	51
Shares Outstanding (Diluted)	53	52	52	51	51	51
Shares Change (YoY)	0.77%	0.92%	1.01%	-0.09%	0.57%	1.71%
EPS (Basic)	-0.53	-3.13	-3.30	-4.09	1.80	2.14
EPS (Diluted)	-0.53	-3.13	-3.30	-4.09	1.79	2.12
EPS Growth	-	-	-	-	-15.57%	-
Free Cash Flow	788.94	466.14	255.52	147.19	-187.05	117.99
Free Cash Flow Per Share	14.99	8.91	4.93	2.87	-3.64	2.31
Gross Margin	9.61%	4.55%	3.62%	0.78%	10.05%	9.14%
Operating Margin	1.91%	-2.36%	-2.91%	-5.33%	4.95%	4.98%
Profit Margin	-0.55%	-3.78%	-4.41%	-5.54%	1.98%	2.04%
Free Cash Flow Margin	15.46%	10.77%	6.59%	3.88%	-4.03%	2.22%
EBITDA	147.72	-48.3	-67.67	-137.83	347.89	371.79
EBITDA Margin	2.89%	-1.12%	-1.74%	-3.64%	7.50%	6.99%
D&A For EBITDA	50.38	53.79	45.23	64.36	118.23	107.03
EBIT	97.34	-102.09	-112.9	-202.19	229.67	264.75
EBIT Margin	1.91%	-2.36%	-2.91%	-5.33%	4.95%	4.98%
Effective Tax Rate	36.56%	-	-	-	16.04%	12.59%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q