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Is Tutor Perini Entering a New Era After Backlog Tripled Since 2022?
Tutor PeriniTutor Perini(US:TPC) ZACKS·2025-09-09 22:16

Key Takeaways TPC's backlog surged 102% year over year to 21.1B,nearlytriplingsince2022.NewQ2awardsincludea21.1B, nearly tripling since 2022.New Q2 awards include a 1.87B NYC bus terminal and 538MCaliforniahealthproject.Astrongpipelineandselectivebiddingsupportgrowthprospectsbeyond2025.TutorPeriniCorporation(TPC)issignalingthepossibilityofanewera,anchoredbyarecordbacklogthathasreshapeditsgrowthprofile.Inthesecondquarterof2025,backlogreached538M California health project.A strong pipeline and selective bidding support growth prospects beyond 2025.Tutor Perini Corporation (TPC) is signaling the possibility of a new era, anchored by a record backlog that has reshaped its growth profile. In the second quarter of 2025, backlog reached 21.1 billion, up 102% year over year and nearly threefold since the e ...