Tutor Perini (PE2) AI Stock Analysis

Tutor Perini

(Frankfurt:PE2)

Rating:―N/A

Action:N/A

Date:―

No summary available

Positive Factors

Strong cash generationRobust operating cash flow and free cash flow indicate that the earnings recovery is converting into liquidity rather than remaining purely accounting-based. Sustained cash generation can fund equipment, support project execution, reduce reliance on external financing, and improve resilience through construction cycles.

Negative Factors

Cyclical earnings and thin marginsThe shift from losses in 2022–2024 to current profitability demonstrates recovery but also highlights substantial earnings volatility across construction cycles. Thin margins leave limited room for cost overruns, delays, or unfavorable contract outcomes, reducing confidence that recent earnings strength will persist.

Tutor Perini (PE2) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 4.20B
Dividend Yield: 0.32%
Average Volume (3M): 67
Price to Earnings (P/E): 33.8
Beta (1Y): 0.87
Revenue Growth: 16.40%
EPS Growth: ―
Country: Germany
Employees: 7,400
Sector: Industrials
Sector Strength: 63
Industry: Engineering & Construction

Tutor Perini Business Overview & Revenue Model

Company Description

Tutor Perini Corporation, a long-standing construction firm founded in 1894 and based in Sylmar, California (which operated as Perini Corporation until 2009), offers a comprehensive suite of general contracting, construction management, and design-bu...

Tutor Perini Earnings Call Summary

Earnings Call Date:Aug 04, 2026(Q2-2026)|% Change Since:-0.86%|Next Earnings Date:Nov 03, 2026

Earnings Call SentimentPositive

The call conveys strong positive momentum: record revenue, record operating income, significant operating cash generation, margin expansion across all segments, a strengthened balance sheet via refinancing and net cash position, an enlarged opportunity pipeline, and a raised EPS outlook. Near-term risks consist of reliance on many early-stage mega projects (execution/timing risk), a Specialty segment still below target margins, modest sequential backlog growth relative to strong revenue, and one-time refinancing/legacy items that could cause episodic variability. On balance, the positive financial performance, improved liquidity and strategic actions outweigh the noted risks.

Positive Updates

Record Revenue and Top-Line Growth

Second quarter revenue of $1.6 billion, up 19% year-over-year, driven by increased execution on large projects in New York, California, Hawaii and the Indo-Pacific.

Negative Updates

Specialty Segment Still Below Target Margin Levels

Although Specialty Contractors improved to a 2.2% operating margin (from -10.2% a year ago), it remains below the company long-term target (5%-8%) and delivered only $6 million of operating income this quarter.

Company Guidance

Management raised 2026 adjusted EPS guidance to $5.15–$5.45 (from $4.90–$5.30), reiterated expectations for double‑digit revenue growth in 2026 and even higher earnings in 2027, and said they expect strong operating cash generation in H2 and beyond; segment guidance/targets include Civil margins ~12%–15% (Q2: 15.3%), Building 3%–6% (Q2: 5.6%, aiming toward the upper end) and Specialty long‑term 5%–8%. Updated 2026 assumptions: G&A $380–$400M; depreciation & amortization ≈$45M (depr. $43M, amort. $2M); interest expense $42–$44M (≈$3M non‑cash); effective tax rate ~26%–29%; non‑controlling interest $70–$80M; ~54M diluted shares; CapEx $125–$135M (≈$75–$85M owner funded). Management also cited backlog near $19.9B, a $200B+ pipeline of opportunities, $1.7B of new awards (book‑to‑burn ~1x), nine mega projects (~$16B combined), cash available $424M, cash > debt by $542M, a $0.09 quarterly dividend (up 50%) and $170M remaining on the $200M repurchase program.

Tutor Perini Risk Analysis

Tutor Perini disclosed 26 risk factors in its most recent earnings report. Tutor Perini reported the most risks in the "Finance & Corporate" category.

Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added

0 New Risks

Tutor Perini Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

DE:PE2 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KBR	75Outperform	$4.88B	11.12	27.25%	1.71%	-2.98%	13.08%
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
PRIM	59Neutral	$3.92B	28.20	8.46%	0.44%	5.12%	-42.27%
GVA	57Neutral	$5.46B	-20.40	-27.07%	0.42%	25.11%	-245.21%
FLR	55Neutral	$6.27B	-3.89	-57.08%	―	-4.77%	-151.32%
ACM	48Neutral	$8.15B	28.66	12.54%	1.96%	-4.24%	-44.22%

* Industrials Sector Average

Performance Comparison

DE:PE2 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:PE2	Tutor Perini	72.80	15.00	25.96%
ACM	Aecom	63.34	-65.34	-50.78%
FLR	Fluor Corporation	46.86	0.64	1.38%
GVA	Granite Construction	123.62	21.65	21.23%
KBR	KBR Inc	38.70	-2.97	-7.12%
PRIM	Primoris Services	72.77	-54.85	-42.98%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Tutor Perini AI Stock Analysis