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Tutor Perini TPC Specialty Contractors — Income (loss) from construction operations

Other segment segments

Civil
$124.53M-11.1%
Building
$31.28M+39.3%

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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:OperatingIncomeLoss.

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
(in thousands) / Three Months Ended June 30, 2026Reportable Segments / Civil / Three Months Ended June 30, 2026Reportable Segments / BuildingReportable Segments / Specialty ContractorsReportable Segments / TotalCorporateConsolidated Total
Less:
Cost of operations$667,566$514,878$241,255$1,423,699$2,070$1,425,769
General and administrative expenses(a)24,06013,41014,35151,82141,72293,543
Income (loss) from construction operations$124,528$31,278$5,721$161,527$(43,792)$117,735
Capital expenditures$21,683$98$1,609$23,390$10,288$33,678
Depreciation and amortization(b)$8,693$533$673$9,899$317$10,216
Three Months Ended June 30, 2025
Total revenue$784,615$486,035$177,412$1,448,062$1,448,062

Item 1. Financial Statements

FAQ

What is Tutor Perini's specialty contractors — income (loss) from construction operations?
Tutor Perini (TPC) reported specialty contractors — income (loss) from construction operations of $5.72M in Q2 2026.
How has Tutor Perini's specialty contractors — income (loss) from construction operations changed year-over-year?
Tutor Perini's specialty contractors — income (loss) from construction operations increased by 131.8% year-over-year, from -$18.02M to $5.72M.
What is the long-term trend for Tutor Perini's specialty contractors — income (loss) from construction operations?
Over 3 years (2021 to 2024), Tutor Perini's specialty contractors — income (loss) from construction operations has grown at a 118.1% compound annual growth rate (CAGR), from -$9.96M to -$103.35M.
What does specialty contractors — income (loss) from construction operations mean?
Represents the operating profit or loss generated by the specialty contracting segment after deducting direct costs and administrative expenses from revenue. It is a primary indicator of the segment's core financial performance and operational viability.

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