Welcome to our dedicated page for Tutor Perini news (Ticker: TPC), a resource for investors and traders seeking the latest updates and insights on Tutor Perini stock.
Tutor Perini Corporation (NYSE: TPC) is a civil, building and specialty construction company whose news flow reflects activity across major infrastructure and building markets. Company press releases highlight contract awards, change orders, financial results and capital allocation decisions, giving investors and industry observers insight into its construction backlog and operating performance.
Recent announcements have described new and expanded projects such as a design change order for the City Center Guideway and Stations Project in Honolulu, a Central Utility Plant expansion for UC Davis Health in Sacramento, the Diego Rivera Performing Arts Center at City College of San Francisco, and multiple mechanical and electrical contracts in Florida and at the Port of Miami. Subsidiaries including Rudolph and Sletten, Perini Management Services, Inc., Nagelbush Mechanical and Fisk Electric Company feature prominently in these updates.
News about Tutor Perini also covers large military and defense-related contracts, such as a multiple-award task order contract with the U.S. Army Corps of Engineers Middle East District and a tool and die facility project for the Iowa Army Ammunition Plant. Financial news items include quarterly earnings releases, record operating cash flow and backlog figures, as well as the initiation of a quarterly dividend and authorization of a share repurchase program.
This page aggregates such releases and related coverage so readers can follow developments in Tutor Perini’s civil infrastructure, building and specialty contracting activities. By reviewing this news stream over time, users can see how new awards, project milestones and financial updates shape the company’s construction portfolio and strategic direction.
Tutor Perini (NYSE: TPC) will host a conference call at 2:00 PM PT on Wednesday, May 6, 2026 to discuss first quarter 2026 results, with an earnings announcement to follow after market close. Participants include CEO Gary Smalley, CFO Ryan Soroka, and Executive Chairman Ronald Tutor.
The call will be available via live webcast on Tutor Perini's website and replayed afterward; dial-in instructions and international numbers are provided for participants.
Tutor Perini (NYSE: TPC) subsidiary Perini Management Services secured a U.S. Army Corps of Engineers Louisville District MATOC under the Energy Resilience and Conservation Investment Program with a shared capacity of $2 billion over 10 years (3-year base, seven one-year options).
The contract lets PMSI compete for nationwide ERCIP task orders covering design-build and design-bid-build electrical and water infrastructure at U.S. military facilities, including solar, cogeneration, microgrids, water purification, and smart water grids.
Tutor Perini (NYSE:TPC) declared a quarterly cash dividend of $0.06 per share. The dividend is payable on March 26, 2026 to shareholders of record at the close of business on March 10, 2026.
This action provides a scheduled cash return to common shareholders for the quarter.
Tutor Perini (NYSE: TPC) reported record 2025 results: $748.1M operating cash flow (up 49% Y/Y) and record $5.5B revenue (up 28% Y/Y). Net income was $80.4M (EPS $1.51) and adjusted EPS was $4.29. Backlog reached $20.6B (+10%). Total debt fell 24% to $407M. The company provided 2026 guidance targeting double-digit revenue growth and adjusted EPS $4.90–$5.30.
Management highlighted stronger project execution, $7.4B of 2025 awards, ongoing bidding opportunities, a $200M buyback authorization and a $0.06 quarterly dividend.
Tutor Perini (NYSE: TPC) will hold a conference call at 2:00 PM Pacific Time on Thursday, February 26, 2026 to discuss fourth quarter and full year 2025 results.
Company executives Gary Smalley (CEO), Ryan Soroka (CFO) and Ronald Tutor (Executive Chairman) will participate. The earnings release is planned for the same day after market close. The call will be webcast live on the company website, with replay available shortly after the call.
Tutor Perini (NYSE:TPC) was awarded a design change order valued at approximately $53 million for the City Center Guideway and Stations Project in Honolulu, HI.
The change order covers design of a rail extension that would lengthen the current terminus to connect Kaka’ako to Ala Moana and adds two stations along the alignment. The company said its total contract value could increase substantially if the Honolulu Authority for Rapid Transportation secures additional funding and elects to extend construction toward Ala Moana.
Tutor Perini (NYSE: TPC) subsidiary Rudolph and Sletten was awarded the UC Davis Health Central Utility Plant (CUP) Expansion contract for the Sacramento healthcare campus.
Key project features: a new two-story, 32,000-square-foot CUP Annex with plant operations and hospital support space; expansion of normal and emergency power including three 3MW generators; and renovations to the existing central plant (chilled/hot water systems, electrical reconfiguration, fuel oil capacity, industrial controls, control room and admin space).
Work is underway, with substantial completion expected in fall 2027. The current contract value is approximately $253 million, including $108 million added to the company backlog in Q4 2025.
Tutor Perini (NYSE: TPC) subsidiary Rudolph and Sletten was awarded a contract valued at approximately $155 million to build the Diego Rivera Performing Arts Center on the City College of San Francisco campus.
The project covers an approximately 78,000 square-foot theatrical and music arts building featuring a 631-seat main performing arts center with an 80-foot concrete fly tower, a 90-seat recital hall, scene shop, rehearsal spaces, and classroom and exhibit areas. Work starts immediately with substantial completion anticipated in fall 2028. The contract was added to company backlog in Q3 2025.
Tutor Perini Corporation (NYSE: TPC) announced that its subsidiary, Perini Management Services, Inc., was awarded a U.S. Army Corps of Engineers Middle East District multiple-award task order contract (MATOC) providing a $900 million shared capacity over seven years (two-year base period plus five one-year options) for design-bid-build services in Israel, primarily for the Israeli Ministry of Defense and other customers with requirements in Israel.
Perini Management Services will compete for individual task orders under the MATOC; eligible work may include maintenance, repairs, alteration, construction, demolition, excavation, airfield pavements, hangars, utility plants, maintenance facilities, warehouses, and other facilities. The award builds on PMSI's Middle East portfolio, which includes projects in Iraq, Afghanistan, Saudi Arabia, Pakistan, Lebanon, and Egypt.
Tutor Perini (NYSE: TPC) subsidiary Perini Management Services was awarded a contract valued at approximately $35.8 million by the U.S. Army Corps of Engineers, Omaha District to build a new 56,000 sq ft Tool and Die Facility at the Iowa Army Ammunition Plant in Middletown, IA.
The scope includes site work, structural steel and concrete, architectural finishes, HVAC, plumbing, fire protection, electrical, a facility-scale solar photovoltaic system, telecommunications and electronic security, overhead bridge cranes, and relocation of existing equipment. The facility is designed for LEED Silver certification and will have commissioning of major systems. Work began in November 2025 with substantial completion anticipated in June 2027. The $35.8M value was added to the company backlog in Q3 2025.