TPC TUTOR PERINI CORP

FY2025 10-K
Filed: Feb 26, 2026
Industrials
General Bldg Contractors - Nonresidential BldgsSEC EDGAR

TUTOR PERINI CORP (TPC) filed its fiscal year 2025 10-K annual report with the SEC on Feb 26, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: diversified general contracting, construction management, design-build services globally
  • No new products, services, or segments introduced or emphasized this year
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Management Discussion & Analysis

  • Revenue $5.5B in 2025, up 28% YoY from $4.3B in 2024
  • Operating margin 4.2% in 2025 ($232M income from operations on $5.5B revenue) vs loss margin in 2024 (-$103.8M); Civil segment best at 13.7% margin, Specialty Contractors worst at (0.9)% margin
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Risk Factors

  • Legal risk from $101.6 million non-cash charge due to October 2024 adverse arbitration decision on legacy California Civil bridge project
  • Geopolitical exposure includes $489.7 million (9%) 2025 revenue from international projects with risks like political instability and trade restrictions
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Financial Summary
XBRL

Revenue

$5.5B

Net Income

$80M

Gross Margin

11.7%

Operating Margin

4.2%

Net Margin

1.5%

ROE

6.6%

Total Assets

$5.2B

EPS (Diluted)

$1.51

Operating Cash Flow

$748M

Source: XBRL data from TUTOR PERINI CORP FY2025 10-K filing on SEC EDGAR. All figures in USD.

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