Tutor Perini Corporation (TPC)
Valuation Overview•Is Tutor Perini Corporation Overvalued or Undervalued?
Trading at a discount compared to peers, but the underlying intrinsic cash flows struggle to support the current price.
Moderate quality score of 55/100, reflecting stable operating margins and manageable leverage.
Analysts remain cautious, with consensus price targets indicating limited room for upside expansion.
Verdict: Average quality business weighed down by significant profitability concerns.
Wall Street is cautious, forecasting potential downside alongside robust expected earnings growth. However, capital return yields remain modest, anchored by a strong, well-covered dividend yield.
TPC struggles with subpar profitability and pressured margins. This is backed by a fortress balance sheet, holding significant net cash ($299M) and minimal debt risk.
The company demonstrates solid revenue growth (13.5% 3Y CAGR) paired with stable bottom-line earnings. However, profitability remains a major concern with severely compressed operating margins (4.0%).
| Financial Metric | Trend (12Q) | Latest Qtr | 1Y Growth | 3Y CAGR | 5Y CAGR | 10Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $1.4B | +28.1% | +13.5% | +0.8% | +1.2% | |
| EBITDA | $59.2M | — | — | — | — | |
| Net Income | $73.5M | +149.1% | — | — | +5.9% | |
| EPS (Diluted) | $0.48 | +148.2% | — | -12.7% | +5.2% | |
| Free Cash Flow | $128.9M | +21.7% | +56.8% | +36.9% | — |
| Metric | TTM | 3Y Avg | 5Y Avg | 10Y Avg |
|---|---|---|---|---|
| Gross Margin | 11.7% | 6.6% | 6.1% | 7.4% |
| Operating Margin | 4.0% | -0.4% | -0.3% | 0.7% |
| Net Margin | 2.2% | -2.2% | -2.1% | -1.0% |
| FCF Margin | 12.4% | 9.2% | 5.5% | 3.4% |
| Quarter | EPS Est. | EPS Act. | Surprise | EPS | Rev |
|---|---|---|---|---|---|
| Q2'26Latest | $0.96 | $1.03 | +7.3% | ||
| Q1'26 | $0.92 | $1.07 | +16.3% | ||
| Q4'25 | $0.96 | $1.15 | +19.8% | ||
| Q3'25 | $0.29 | $1.41 | +386.2% | ||
| Q2'25 | $0.06 | $0.53 | +783.3% | ||
| Q1'25 | $0.29 | $-1.51 | -620.7% | ||
| Q4'24 | $-1.78 | $-1.92 | -7.9% | ||
| Q3'24 | $0.16 | $0.19 | +18.8% |
Total return is +86.2% (1Y), outperforming the benchmark by +61.2%
| Period | Total Return | vs S&P 500 (Alpha) | Dividend Contribution |
|---|---|---|---|
| YTD | +12.6% | +3.3% | — |
| 1Y | +86.2% | +61.2% | +0.4% |
| 3YCAGR | +129.1% | +109.5% | +2.8% |
| 5YCAGR | +42.0% | +27.6% | +1.3% |
| 10YCAGR | +12.9% | -0.6% | — |
The S&P 500 is at 31.3x trailing P/E — Expensive relative to historical averages.
Quick answers to common questions about Tutor Perini Corporation (TPC) valuation, health, and returns.
Tutor Perini Corporation is estimated to be overvalued under our discounted cash flow framework. relative multiples indicate the stock is Cheap versus peers compared to industry peers. overvalued (implying -71.4% downside from DCF intrinsic value of $22.27)
Tutor Perini Corporation has multiple valuation anchors: DCF Intrinsic Value: $22.27 | Peer Relative Fair Value: $275.31 | Wall Street Analyst Target: $26.50 (implying -66.0% upside). A convergence of these signals offers higher conviction.
Tutor Perini Corporation displays fair financial health with a composite quality score of 55/100, supported by a Altman Z-Score of 1.9 (grey zone), Piotroski F-Score of 7/9, Return on Invested Capital (ROIC) of 15.8%.
Tutor Perini Corporation does not return material capital to shareholders via dividends or share repurchases, electing to retain earnings to fund internal growth.
Tutor Perini Corporation's current growth trajectory is Accelerating. The company achieved +28.1% 1Y revenue growth and +148.2% 1Y EPS growth, compared to its 3Y revenue CAGR of +13.5%.
Wall Street consensus is Buy based on 13 analysts, beating EPS expectations in 58% of recent quarters with a 5-quarter streak. The consensus price target represents a -66.0% change from current levels.
Investment risks for Tutor Perini Corporation include: -29.4% 1-year max drawdown, high beta (1.64x market volatility). Volatility risk is characterized by a beta of 1.64x.
No. These computations are purely quantitative model outputs for informational purposes. They do not account for qualitative management shifts or macro events. Always consult a licensed RIA before buying or selling shares.
Disclaimer: This page is for informational purposes only and does not constitute financial advice. All valuation models, scores, and target estimates are automated computations under stated assumptions and should not be relied upon as the sole basis for any investment decision.