Tutor Perini
Tutor Perini Corporation is a publicly traded US civil and building construction company that delivers megaprojects in tunneling, infrastructure, defense, justice, healthcare, and hospitality for federal and state agencies and commercial developers through integrated Civil, Building, and Specialty Contractors subsidiaries.
- Company typePublic
- Founded2011
- HeadquartersSylmar, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Tutor Perini does
Tutor Perini Corporation is a publicly traded US civil and building construction company (NYSE: TPC) that delivers complex megaprojects for federal, state, and local government agencies as well as commercial clients. The company operates through three reportable segments — Civil, Building, and Specialty Contractors — supported by wholly-owned operating subsidiaries including Tutor Perini Civil, Tutor Perini Building Corp., Rudolph and Sletten, Black Construction Corporation, Perini Management Services, Fisk Electric, Five Star Electric, Frontier-Kemper Constructors, Lunda Construction Company, Roy Anderson Corp, Becho, Desert Mechanical, Nagelbush Mechanical, and WDF. Its core technical capabilities span tunnel construction using Tunnel Boring Machines (TBM) and the Sequential Excavation Method (SEM), large-diameter shaft drilling up to 58 feet, heavy civil and bridge work, high-rise and hospitality construction, and self-perform electrical, mechanical, concrete, foundations, and specialty trades; it owns one of the largest heavy equipment fleets in the construction industry, including the largest fleet on Guam and the Western Pacific via Black Group.
The company pursues large infrastructure projects through competitive bidding and negotiated awards, with executive-led client engagement on multi-decade megaprojects. Signature contracts include the California High-Speed Rail Construction Package 1 ($4.06B through the TPZP joint venture with Zachry and Parsons), the Midtown Bus Terminal Replacement project for the Port Authority of New York and New Jersey ($1.87B), the Manhattan and Brooklyn Borough-Based Jails programs ($3.76B and $2.95B), the Navy Guam electrical distribution task order ($651.8M), a USACE $2 billion 10-year MATOC for energy resilience, and historic work such as CityCenter Las Vegas ($6.4B) for MGM Resorts and Hudson Yards ($2.4B). It also pursues design-build delivery via joint ventures with Zachry, Parsons, O&G Industries, and Frontier-Kemper to spread risk and combine capabilities on the largest bids.
Revenue is generated almost entirely through long-duration, fixed-price and cost-plus construction contracts recognized over time using percentage-of-completion accounting. FY2025 revenue reached a record $5.5 billion (+28% YoY) and Q1 2026 revenue was $1.4 billion (+11% YoY). Backlog stood at a record $20.6 billion at year-end 2025 (later reported at $21.1 billion), providing multi-year revenue visibility. Customer mix is dominated by US federal and state/local government agencies, with a complementary commercial layer concentrated in hospitality/gaming and healthcare. The company employs between 5,001 and 10,000 people across the US, Guam/Western Pacific, and select international projects in Canada, Iraq, and Saudi Arabia, and is led by CEO Gary Smalley, Executive Chairman Ronald Tutor, CFO Ryan Soroka, and President/COO James Frost.
Tutor Perini firmographics
Firmographics- Name
- Tutor Perini
- Legal name
- Tutor Perini Corporation
- Website
- https://tutorperini.com
- Company type
- Public
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Tutor Perini Corporation is a publicly traded US civil and building construction company that delivers megaprojects in tunneling, infrastructure, defense, justice, healthcare, and hospitality for federal and state agencies and commercial developers through integrated Civil, Building, and Specialty Contractors subsidiaries.
- Ownership category
- akta.pro rank
Tutor Perini industry classification
Industry- Product category
- Heavy Civil Construction
- NAICS
- Heavy and Civil Engineering Construction (237), Industrial Building Construction (23621)
- SIC
- Heavy Construction Other Than Bldg Const - Contractors (1600), General Bldg Contractors - Nonresidential Bldgs (1540)
- akta.pro primary industry
- Self-Performing General Contractors (IMAFAAAI)
- akta.pro secondary industry
- Commercial General Contracting (New Build) (IMAFAAAA)
Keywords
Where Tutor Perini is headquartered
LocationHeadquarters
- HQ city
- Sylmar
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Tutor Perini business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D
Revenue model
- Construction Contract Revenue: Tutor Perini generates revenue primarily through construction contracts with government agencies (federal, state, local) and commercial/private sector clients. Revenue is recognized over time as projects are completed. Full year 2025 revenue was a record $5.5 billion, up 28% year-over-year. Q1 2026 revenue was $1.4 billion.
- Civil Infrastructure Projects: Major segment including highways, bridges, tunnels, rail/mass transit projects. Includes record backlog of $20.6 billion. Notable projects include Midtown Bus Terminal Replacement ($1.87 billion), California High-Speed Rail ($4.06 billion), and various Navy/Defense projects.
- Building Construction: Commercial building segment including hospitality/gaming, healthcare, justice/courts, and other vertical construction. Major projects include CityCenter Las Vegas ($6.4 billion), San Diego Central Courthouse ($466 million), and various hotel/casino projects.
- Specialty Contracting Services: Electrical, plumbing, HVAC, fire protection, concrete, foundations, earth retention, and other specialty services provided both on company's own projects and as subcontractor work. Subsidiaries include Fisk Electric, Five Star Electric, Nagelbush Mechanical, and others.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Construction contract pricing varies by project scope and complexity |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels3 records
Tutor Perini product offering
Product offeringCore offering
Tutor Perini provides diversified general contracting, construction management, and design-build services for large-scale civil and building projects through three segments: Civil (highways, bridges, tunnels, rail/mass transit, water infrastructure), Building (commercial, hospitality, healthcare, education, justice, government and military facilities), and Specialty Contractors (electrical, mechanical, plumbing, HVAC, concrete, foundations, earth retention, and underground mine development). The company self-performs most work using owned heavy equipment and integrated subsidiary capabilities, delivering megaprojects for government agencies and major commercial developers.
Product overview
Tutor Perini Corporation is a leading civil and building construction company offering comprehensive construction services through three primary segments: Civil, Building, and Specialty Contractors. The company operates as a unified construction services provider supplemented by numerous subsidiary brands including Rudolph and Sletten (California building), Black Construction Corporation (Guam/Western Pacific), Perini Management Services (federal government), Fisk Electric (electrical), Frontier-Kemper Constructors (tunneling/mining), Lunda Construction (bridges/rail), Roy Anderson Corp (Southeast building), and Nagelbush Mechanical (Florida mechanical). The company provides design-build, federal prime contracting, and self-perform construction services across aviation, bridges and roads, commercial, education, government and military, healthcare, hospitality and gaming, justice, manufacturing and industrial, rail and mass transit, tunnels, water, and other market segments. The company's competitive differentiator is its ability to self-perform specialized work across electrical, plumbing, HVAC, concrete, foundations, fire protection, security systems, audio/visual, boring and drilling, earth retention, and underground mine development.
Differentiator
Problem solved
Functional benefit
Products and services
- Civil Construction Large-scale civil infrastructure construction including highways, bridges, tunnels, rail and mass transit systems, airports, and water/wastewater infrastructure projects for government transportation agencies and municipal authorities.
- Building Construction Commercial, residential, healthcare, education, hospitality and gaming, justice, government, and military building construction services delivered for public agencies and private developers.
- Specialty Contracting Specialized construction services including electrical, plumbing, HVAC, concrete, foundations, fire protection, security systems, audio/visual, boring and drilling, earth retention, and underground mine development provided both on Tutor Perini projects and as subcontractor work.
- Design-Build Services Integrated design and construction delivery combining architectural and engineering design with construction execution under a single contract, exemplified by the Tutor Perini/Zachry/Parsons joint venture for California High-Speed Rail Construction Package 1.
- Federal Prime Contracting Direct contracting with federal government agencies including the Department of State, U.S. Army Corps of Engineers, and Department of Defense for military, embassy, and federal facility projects, delivered through the Perini Management Services subsidiary.
- Electrical Contracting Services High- and low-voltage electrical services including power distribution, branch wiring, lighting, telecommunications, and SCADA systems delivered by Fisk Electric Company and Five Star Electric for complex construction projects.
Quantifiable outcome
- Record annual revenue of $5.5 billion in 2025, up 28% year-over-year
- +3 more outcomes
Companies that use Tutor Perini
Customer profileNamed customers10 records
Segments6 records
Ideal customer profiles3 records
Tutor Perini technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Tutor Perini partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Tutor Perini / Zachry / Parsons Joint Venture (TPZP)coreJoint venture between Tutor Perini, Zachry Construction, and Parsons Corporation for delivery of California High-Speed Rail Construction Package 1 ($4.06 billion). This is one of the nation's first high-speed rail construction contracts.
- Tutor Perini Corporation and O&G Industries Joint VenturecoreJoint venture between Tutor Perini and O&G Industries awarded $1.37 billion construction contract for Purple Line Extension Section 2, extending light rail 2.6 miles to Century City.
- Frontier-Kemper / Tutor Perini Joint VenturecoreJoint venture for Purple Line Extension Section 3 Tunnels project ($468 million). Frontier-Kemper brings specialized tunneling expertise including TBM capabilities.
- Black Construction Corporation (Subsidiary JV)coreJoint venture with Tutor Perini subsidiary Black Construction Corporation for $651.8 million Naval Base Guam electrical distribution project. Black Construction is Guam-based.
- Frontier-Kemper / ASL Joint VentureminorJoint venture for John Hart Generating Station Replacement Project in British Columbia (C$139 million). Frontier-Kemper and ASL joint venture for underground construction.
- Seymour-Cap Partnership (Frontier-Kemper/J.F. Shea/Aecon)minorJoint venture including Frontier-Kemper ULC, J.F. Shea, and Aecon for Seymour Capilano Twin Tunnels Completion project in Greater Vancouver (C$189 million).
- FKA (Frontier-Kemper Aecon JV)minorJoint venture for Kemano T2 project in British Columbia (C$300 million). Completed remaining 7.6 km of 16 km secondary tunnel for Rio Tinto.
Scale indicators11 records
Recent moves8 records
Expansion highlights5 records
Tutor Perini competitors and assessment
Company assessmentDirect peers
- Fluor Corporation: Fluor is a large publicly traded engineering, procurement, fabrication, construction, and project management firm with overlapping heavy civil, industrial, and federal government exposure, competing head-to-head on mega-projects and EPC contracts.
- Granite Construction Incorporated: Granite is a heavy civil construction company focused on transportation, water resources, and federal infrastructure, bidding against Tutor Perini on highways, bridges, rail, and airport work across the Western US.
- Parsons Corporation: Parsons provides infrastructure and defense construction services including federal, transit, and critical infrastructure work, and is itself a JV partner with Tutor Perini on California HSR CP1, making it a close peer in capability and customer overlap.
- AECOM: AECOM is a global infrastructure consulting and construction firm covering transportation, water, environment, and federal markets, competing on large design-build and program management contracts of similar scope and complexity.
- Bechtel Group: Bechtel is the largest privately held US general contractor, executing civil, industrial, and government megaprojects with comparable self-perform capabilities and federal client base, though typically at an even larger project scale.
- Sterling Infrastructure, Inc. Sterling provides e-infrastructure, transportation, and building solutions through heavy civil, specialty services, and residential subsidiaries, competing with Tutor Perini for infrastructure and specialty contracting awards across US geographies.
- Quanta Services, Inc. Quanta is the largest US pure-play infrastructure construction firm specializing in electric power, oil and gas, and renewable energy; it competes with Tutor Perini's Fisk/Five Star electrical subsidiaries for similar federal and utility infrastructure work.
Broad incumbents
- KBR, Inc. KBR delivers government services and sustainable technology solutions including construction and engineering for defense, intelligence, and energy clients, overlapping with Tutor Perini's federal/defense segment but with a much broader services portfolio.
- MasTec, Inc. MasTec is an infrastructure construction company with significant energy, utility, communications, and clean energy exposure; it competes for some federal/utility work but is more narrowly focused on specialty infrastructure than Tutor Perini's diversified portfolio.
Regional players
- Skanska AB: Skanska is a Sweden-based global construction and development company with comparable civil, commercial building, and public-private partnership expertise, but its US footprint focuses on select metros rather than competing directly nationwide.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Tutor Perini social profiles
Digital presenceTutor Perini financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tutor Perini leadership team
Management profileNumber of profiles
Profiles4 records
Tutor Perini subsidiaries and ownership
Company hierarchySubsidiaries15 records
Tutor Perini funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tutor Perini M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tutor Perini
What does Tutor Perini do?
Tutor Perini provides diversified general contracting, construction management, and design-build services for large-scale civil and building projects through three segments: Civil (highways, bridges, tunnels, rail/mass transit, water infrastructure), Building (commercial, hospitality, healthcare, education, justice, government and military facilities), and Specialty Contractors (electrical, mechanical, plumbing, HVAC, concrete, foundations, earth retention, and underground mine development). The company self-performs most work using owned heavy equipment and integrated subsidiary capabilities, delivering megaprojects for government agencies and major commercial developers.
Is Tutor Perini a public or private company?
Tutor Perini is a public company. It is classified as public and is currently operating.
When was Tutor Perini founded?
Tutor Perini was founded in 2011. It employs 1,001 to 5,000 people.
Where is Tutor Perini based?
Tutor Perini is headquartered in Sylmar, United States, in the North America region.
How does Tutor Perini make money?
Four revenue lines are on record. Construction Contract Revenue is the primary driver. The others are civil Infrastructure Projects, building Construction and specialty Contracting Services.
Who are Tutor Perini's main competitors?
Direct peers on record are Fluor Corporation, Granite Construction Incorporated, Parsons Corporation, AECOM, Bechtel Group, Sterling Infrastructure, Inc. and Quanta Services, Inc.. Broad incumbents are KBR, Inc. and MasTec, Inc.. Skanska AB is listed as a regional player.
Does Tutor Perini have an API?
No public API is recorded for Tutor Perini.
What industry is Tutor Perini in?
Tutor Perini's product category is Heavy Civil Construction. Its primary akta.pro industry code is IMAFAAAI, Self-Performing General Contractors, with a secondary code of IMAFAAAA, Commercial General Contracting (New Build). Its NAICS code is 237 and its SIC code is 1600.