
Tutor Perini raises its 2026 earnings outlook after record Q3 results, backed by a $20.4B backlog, expanding margins and strong infrastructure demand.
Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design and construction services to private clients and public agencies globally. The company is headquartered in Sylmar, California.
| Revenue (TTM) | $6.25B |
| Gross Profit (TTM) | $735.10M |
| EBITDA | $432.54M |
| Operating Margin | 9.28% |
| Return on Equity | 14.90% |
| Return on Assets | 4.45% |
| Revenue/Share (TTM) | $118.75 |
| Book Value | $24.75 |
| Price-to-Book | 3.31 |
| Price-to-Sales (TTM) | 0.76 |
| EV/Revenue | 0.575 |
| EV/EBITDA | 10.15 |
| Quarterly Earnings Growth (YoY) | 466.50% |
| Quarterly Revenue Growth (YoY) | 21.50% |
| Shares Outstanding | $52.62M |
| Float | $47.31M |
| % Insiders | 9.93% |
| % Institutions | 83.70% |
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Tutor Perini raises its 2026 earnings outlook after record Q3 results, backed by a $20.4B backlog, expanding margins and strong infrastructure demand.

Tutor Perini Corporation ( TPC ) Q3 2026 Earnings Call November 4, 2026 5:00 PM EST Company Participants Jorge Casado - Vice President of Investor Relations & Corporate Communications Gary Smalley - CEO, President & Director Ryan Soroka - Executive VP & CFO Conference Call Participants Adam Thalhimer - Thompson, Davis & Company, Inc., Research Division Min Cho - Texas Capital Securities, Research Division Michael Dudas - Vertical Research Partners, LLC Liam Burke - B. Riley Securities, Inc., Research Division Steven Fisher - UBS Investment Bank, Research Division Presentation Operator Good day, ladies and gentlemen, and welcome to the Tutor Perini Corporation Third Quarter 2026 Earnings Conference Call.

TPC's third-quarter 2026 results are expected to benefit from strong infrastructure demand, rising segment revenues, high-margin projects and disciplined cost control.

LOS ANGELES--(BUSINESS WIRE)-- #newaward--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc. (“PMSI”), has been awarded a design-build contract valued at approximately $19 million by the U.S. Army Corps of Engineers (“USACE”), Huntsville Center, to upgrade infrastructure systems at the Dwight D. Eisenhower Army Medical Center, Ft. Gordon, GA.The project consists of providing.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Recently, Zacks.com users have been paying close attention to Tutor Perini (TPC). This makes it worthwhile to examine what the stock has in store.

TPC's discounted valuation and $19.9 billion backlog hint at long-term value, but execution risks and slower contract awards may limit near-term gains.

Tutor Perini Corporation TPC is positioned for sustained growth through 2027, supported by its near-record backlog and expanding portfolio of higher-margin mega-projects. The company's backlog stood at $19.9 billion at the end of the second quarter of 2026, providing strong revenue and earnings visibility as major construction projects advance.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

The latest trading day saw Tutor Perini (TPC) settling at $85.91, representing a -3.54% change from its previous close.
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