TPC
Tutor Perini Corporation

Tutor Perini CorporationTPC

Industrials · Engineering & Construction
80.81USD
+2.96%
Oct 28, 2026
TPC overview ready
Prime contractor executing complex multiyear U.S. Public civil and transit projects
Tutor Perini is a direct construction executor for large public civil and transit projects, supplemented by building and specialty electrical/mechanical contracting operations.
Narrative is still early
Exposed to the U.S. Public Infrastructure Modernization narrative through Complex Civil, Transit and Public-Works Project Delivery — infrastructure supplier.
Advancing price action
Longer-term context reads extended trend, with a near-term setup of daily advance.
Fair valuation
The price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Project execution risks.
Market Oct 27Filing Jun 30Price action Aug 9Research Aug 14

Conviction Level

CompanyFit8.0PriceAction8.0Valuation4.8CompanyPosition7.3BusinessQuality5.3

Conviction uses Company Fit, Price Action, Valuation, Business Quality. Company Position is research context, not an input.

Theme leadershipGroup context · not a Conviction input
vs SPY
+1.6pp
Theme return
+2.2%
Beating SPY
5 of 9
21 sessions to Oct 27, 2026 · ranked 23 of 59 themes
Price
Loading price history…

Price Action

Advancing price action
Longer-term context reads extended trend, with a near-term setup of daily advance.
EntryReset + recovery

The stock remains extended from its long-term weekly base, but the recent reset toward the daily SMA200 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location. The advance off that reset has already consumed part of the entry advantage while the weekly trend remains extended, which tempers the assessment.

Key Financials

Market Cap
$4.2B
Avg Volume (60D)
412.7K
60 sessions
Revenue Growth YoY
+28.1%
FY2025 vs FY2024
Gross Margin
+11.5%
Trailing twelve months
Operating Margin
+4.5%
Trailing twelve months
Free Cash Flow Yield
+14.6%
P/E
34.3x
EV / EBITDA
11.8x
EV / Sales
0.6x
Market metrics as of Oct 27, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Two of the three valuation perspectives say fair; intrinsic is the dissenting view.
Tutor Perini Corporation has a Fair valuation stance because the price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced.

Company Research

Thesis
Tutor Perini is a direct construction executor for large public civil and transit projects, supplemented by building and specialty electrical/mechanical contracting operations. TPC has a genuine, direct exposure to public-infrastructure modernization rather than a generic industrial adjacency.
Opportunity
Moderate opportunity
Public-agency spending on large, technically complex transportation, transit, bridge, tunnel, waterfront, and civic-infrastructure projects that requires qualified prime contractors able to manage multiyear design-build and construction execution.
Key risk
Project execution risks.

Economic classification

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Business & Markets

Industrials · Engineering & Construction
What they do

Tutor Perini Corporation provides general contracting, construction management, and design-build services across civil, building, and specialty contracting segments in the U.S. Internationally.

How it earns

Project-based revenue from contracts with private customers and public agencies.

Products & services
Civil construction
Building construction
Specialty contracting services
Customers & end markets
Public agencies
Private customers
Market position

A diversified general contractor with a broad service offering, positioned as a mid-to-large player in the construction industry.

Demand drivers
High cyclicality

Construction activity is sensitive to economic cycles and public infrastructure spending.