TPC Q2 2023 Earnings — Tutor Perini Corporation Revenue & Financial Results | Market Cap Arena

TPCTutor Perini Corporation

$4B

Q2 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$1.0B+18.7% YoY

Gross Profit

$65M6.4% margin

Operating Income

$2M0.2% margin

Net Income

-$38M-3.7% margin

EPS (Diluted)

$-0.72

QoQ Revenue Growth

+31.6%

Cash Flow

Operating Cash Flow

$56M

Free Cash Flow

$43M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$4.5B

Total Liabilities

$3.1B

Stockholders' Equity

$1.4B

Cash & Equivalents

$264M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$861M	+18.7%
Gross Profit	$65M	-$34M	+289.8%
Operating Income	$2M	-$91M	+102.6%
Net Income	-$38M	-$63M	+40.4%

Revenue Segments

Civil

$554M54%

Building Group

$331M32%

Specialty Contractors

$136M13%