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-0.000199813507393107 -0.000799254029572429 0.000932463034501041 0.00133209004928726 0.00133209004928726 0.00133209004928726 0.00133209004928726 0.00133209004928726
Stock impact report

Tutor Perini: Backlog Is Finally Turning Into Cash [Seeking Alpha]

Tutor Perini Corporation (TPC) 
Last tutor perini corporation earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Seeking Alpha
Q3 2025 operating cash flow reached $289M, nine-month cash flow hit $574M, and management raised guidance, highlighting multi-year revenue visibility from a record $21.6B backlog. Civil segment backlog, now $10.5B (49% of total), is expected to deliver 12–15% margins in 2026, underpinning operating leverage and profitability. I rate TPC a Strong Buy, as accelerating cash generation, debt reduction, and potential for dividends/buybacks signal a rerating opportunity beyond its historical contractor narrative. JHVEPhoto/iStock Editorial via Getty Images Investment Thesis My thesis on Tutor Perini Corporation ( TPC ) is simple. The company is moving from a period where legacy disputes and uneven profitability dominated the narrative into a period where newer, larger and higher This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a pur Show less Read more
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