Tutor Perini Corporation

TPCNYSEIndustrials● Active

$72.13

+$1.60(+2.27%)

Market Cap$3.8B

P/E Ratio—

52W High$100

52W Low$38.18

Avg Volume547K

Open$71.69

Beta2.08

Free Cash Flow Financials Revenue

Tutor Perini Corporation (TPC) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

TPC · free cash flow · updated Jun 8, 2026

Core FCF metrics

TPC · FCF · TTM · margin & CAGR

Free cash flow was $567.2M for FY2025 (fiscal year ending 2025-12-31), up 21.7% year-over-year The FCF margin was 10.2%. Five-year CAGR stands at +36.9%.

FY2025 Free Cash Flow$567.2M▲ +21.7% YoY

Trailing 12M (TTM)$703.3Mtrailing 4 quarters sum

FCF Margin10.2%$567.2M ÷ revenue

3-Year CAGR+56.8%FY2022 → FY2025

5-Year CAGR+36.9%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

TPC · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$748.1M(181M)$567.2M▲ +21.7%10.2%

FY2024$503.5M(37M)$466.1M▲ +82.4%10.8%

FY2023$308.5M(53M)$255.5M▲ +73.6%6.6%

FY2022$207.0M(60M)$147.2M▲ +178.7%3.9%

FY2021−$148.5M(39M)−$187.0M▼ 258.5%-4.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

TPC · P/FCF · FCF yield · FCF per share

Tutor Perini Corporation (TPC) trades at a FCF yield of 18.46% and a price-to-free-cash-flow ratio of 5.4x. FCF per share stands at $13.35, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

18.46%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$13.35

TTM FCF ÷ Shares Outstanding

Price / FCF

x5.4

Share Price ÷ FCF per Share

EV / FCF (TTM)

x4.9

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

TPC · cash flow statement · operating / investing / financing

For FY2025, Tutor Perini Corporation generated $748.1M in operating cash flow and spent 181M in capital expenditures, yielding $567.2M in free cash flow.

Operating Activities

+$748.1M

Cash from core business operations

2025-12-31

Investing Activities

−$249.7M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$192.4M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($748.1M) − |CapEx| (181M) = FCF ($567.2M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

TPC vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Tutor Perini CorporationYOU

TPC

$567.2M+21.7%10.2%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Tutor Perini Corporation (TPC) reported free cash flow of $567.2M for FY2025 (fiscal year ending 2025-12-31), up 21.7% year-over-year. The FCF margin was 10.2%.

Based on available data, Tutor Perini Corporation has maintained positive free cash flow for at least 9 fiscal year(s). FCF peaked at $567.2M in FY2025. The 5-year CAGR stands at +36.9%.

Tutor Perini Corporation's FCF yield is 18.46% and price-to-FCF ratio is 5.4x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

TPC free cash flow · 8 questions

Tutor Perini Corporation free cash flow was $567.2M for FY2025, up 21.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $703.3M.

TPC free cash flowTPC FCFTPC FCF 2025TPC free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Tutor Perini Corporation · Tutor Perini Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026