Zacks.com users have recently been watching Tutor Perini (TPC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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| - Industry | - Sector | Gary G. Smalley CPA CEO | XSTU Exchange | US9011091082 ISIN |
| US Country | 7,500 Employees | 9 Dec 2025 Last Dividend | - Last Split | 3 May 1973 IPO Date |
Tutor Perini Corporation, originally known as Perini Corporation until its name change in May 2009, is a noted construction entity offering a broad spectrum of general contracting, construction management, and design-build services to a diverse clientele that includes private customers as well as public agencies across the globe. The company is structured into three main segments: Civil, Building, and Specialty Contractors, allowing it to cater to a wide range of construction needs and projects. Founded in 1894 and headquartered in Sylmar, California, Tutor Perini Corporation stands out as a leader in its field, with a rich legacy and a commitment to quality, safety, and operational excellence in delivering complex and challenging construction projects.
This segment focuses on the construction, replacement, and reconstruction of public works infrastructure. The services span across various domains, including highways, bridges, tunnels, mass-transit systems, military defense facilities, and water management and wastewater treatment facilities. Furthermore, Tutor Perini Corporation offers specialized civil contracting services, encompassing construction and rehabilitation work as well as drilling, foundation, and excavation support for essential structures like shoring, bridges, piers, and highway projects.
Tutor Perini’s Building segment provides a comprehensive range of services for different specialized building markets. These markets include hospitality and gaming, transportation, healthcare, commercial offices, government facilities, sports and entertainment, education, correctional facilities, biotech, pharmaceutical, industrial, and technology sectors. The segment is adept at handling the unique construction requirements of each market, ensuring projects are completed to the highest standards.
This particular segment extends its expertise to electrical, mechanical, plumbing, and fire protection systems, along with heating, ventilation, and air conditioning (HVAC) services for a variety of construction projects. The target markets for these services include industrial, commercial, hospitality and gaming, and mass-transit sectors. Additionally, Tutor Perini Corporation offers pre-construction planning and project management services, encompassing planning and scheduling of manpower, equipment, materials, and subcontractor services. The company takes pride in its ability to provide self-performed construction services, which includes site work, concrete forming and placement, and steel erection, enhancing control over project quality and timelines.