Sector: Industrials | Industry: Construction & Engineering |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 15901 Olden St SYLMAR CA 91342-1051 |
Tel: | 1-818-3628391 |
Website: | https://www.tutorperini.com |
IR: | See website |
Key People | ||
Ronald N. Tutor Chairman of the Board, Chief Executive Officer | Gary G. Smalley President | Ryan Joseph Soroka Chief Financial Officer, Senior Vice President |
Ghassan Ariqat Executive Vice President, Building and Contractors and Speciality Group | Michael F. Smithson Executive Vice President, Civil Group | Henry Dieu Chief Accounting Officer, Vice President, , Principal Accounting Officer |
Business Overview |
Tutor Perini Corporation is a construction company offering general contracting, construction management, and design-build services to private customers and public agencies across the world. The Company's Civil segment specializes in public works construction and the replacement and reconstruction of infrastructure across several geographic regions of the United States. The Building segment provides services to specialized building markets for private and public works customers, including hospitality and gaming, transportation, health care, commercial offices, government facilities, sports and entertainment, education, correctional facilities, biotech, and many others. The Company's Specialty Contractors segment specializes in electrical, mechanical, plumbing, heating, ventilation, and air conditioning (HVAC) and fire protection systems for a range of civil and building construction projects in the industrial, commercial, hospitality and gaming, and mass-transit end markets. |
Financial Overview |
For the fiscal year ended 31 December 2023, Tutor Perini Corp revenues increased 2% to $3.88B. Net loss decreased 19% to $171.2M. Revenues reflect Civil segment increase of 9% to $1.88B, Building segment increase of 5% to $1.3B, Foreign and U.S.Territories segment increase of 21% to $442.3M, United States segment increase of less than 1% to $3.44B. Lower net loss reflects Civil segment income increase from $21.1M to $198.6M. |
Employees: | 8,200 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1,219M as of Dec 31, 2023 |
Annual revenue (TTM): | $3,880M as of Dec 31, 2023 |
EBITDA (TTM): | -$69.25M as of Dec 31, 2023 |
Net annual income (TTM): | -$171.16M as of Dec 31, 2023 |
Free cash flow (TTM): | $255.52M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $519.18M as of Dec 31, 2023 |
Shares outstanding: | 52,284,162 as of Mar 25, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |