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Tutor Perini TPC Operating Lease Liabilities

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Other financials

Income statement

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Revenue$1.6B+19.2%
Gross profit$211.3M+7.8%
Operating income$117.7M+54.0%
Net income$65.7M+229%
EPS (diluted)$1.23+224%

Balance sheet

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Cash & equivalents$945.2M+72.8%
Total debt$464.9M-3.1%
Total equity$1.3B+6.8%
Total assets$5.4B+10.1%

Cash flow

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Operating cash flow$187.3M-28.6%
CapEx$33.7M+25.5%
Free cash flow$153.6M-34.8%

Valuation

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Market cap$5.03B+102%
Enterprise value$4.55B+87.9%
P/E40.6×
P/S0.9×+0.3×

Profitability

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Gross margin11.5%+5.1pp
Operating margin4.5%+3.8pp
Net margin2.1%+1.3pp
FCF margin10.4%-1.4pp

Returns & leverage

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Return on equity10.1%+6.7pp
Debt / equity0.4×0.0×
Current ratio1.3×0.0×

Where this comes from

Reported directly by Tutor Perini in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityNoncurrent.

The source filing: Tutor Perini’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000077543-26-000186
(dollars in thousands)Balance Sheet Line ItemAs of June 30,2026As of December 31,2025
Right-of-use assetsOther assets$63,182$58,608
Total lease assets$63,182$58,608
Liabilities
Current lease liabilitiesAccrued expenses and other current liabilities$13,176$11,763
Long-term lease liabilitiesOther long-term liabilities55,33551,783
Total lease liabilities$68,511$63,546
Weighted-average remaining lease term6.0 years6.4 years
Weighted-average discount rate8.73%8.04%

Item 1. Financial Statements

FAQ

What is Tutor Perini's operating lease liabilities?
Tutor Perini (TPC) reported operating lease liabilities of $55.34M in Q2 2026.
How has Tutor Perini's operating lease liabilities changed year-over-year?
Tutor Perini's operating lease liabilities increased by 11.2% year-over-year, from $49.75M to $55.34M.
What is the long-term trend for Tutor Perini's operating lease liabilities?
Over 5 years (2020 to 2025), Tutor Perini's operating lease liabilities has grown at a 0.2% compound annual growth rate (CAGR), from $51.34M to $51.78M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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