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Tutor Perini TPC Specialty Contractors — Remaining performance obligations revenue amount

Other segment segments

Civil
$9.4B+4.4%
Building
$5.1B+2.0%

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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:RevenueRemainingPerformanceObligation.

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

Remaining performance obligations represent the transaction price of firm orders for which work has not been performed and exclude unexercised contract options. As of June 30, 2026, the aggregate amounts of the transaction prices allocated to the remaining performance obligations of the Company’s construction contracts were $9.4 billion, $5.1 billion and $2.1 billion for the Civil, Building and Specialty Contractors segments, respectively. As of June 30, 2025, the aggregate amounts of the transaction prices allocated to the remaining performance obligations of the Company’s construction contracts were $9.0 billion, $5.0 billion and $2.2 billion for the Civil, Building and Specialty Contractors segments, respectively. The Company typically recognizes revenue on Civil segment projects over a period of three to five years, whereas for projects in the Building and Specialty Contractors segments, the Company typically recognizes revenue over a period of one to three years. Certain larger projects across all three segments may extend over a longer duration.

Item 1. Financial Statements

FAQ

What is Tutor Perini's specialty contractors — remaining performance obligations revenue amount?
Tutor Perini (TPC) reported specialty contractors — remaining performance obligations revenue amount of $2.1B in Q2 2026.
How has Tutor Perini's specialty contractors — remaining performance obligations revenue amount changed year-over-year?
Tutor Perini's specialty contractors — remaining performance obligations revenue amount decreased by 4.5% year-over-year, from $2.2B to $2.1B.
What is the long-term trend for Tutor Perini's specialty contractors — remaining performance obligations revenue amount?
Over 4 years (2021 to 2025), Tutor Perini's specialty contractors — remaining performance obligations revenue amount has grown at a 11.7% compound annual growth rate (CAGR), from $5.9B to $9.2B.
What does specialty contractors — remaining performance obligations revenue amount mean?
Represents the total transaction price allocated to performance obligations that are unsatisfied or partially unsatisfied as of the reporting date. This provides visibility into the future revenue backlog for the specialty contracting segment.

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