Tutor Perini Corporation generated a record $334.1 million in operating cash flow during the first six months of 2026, up 17% from $285.3 million a year earlier, with second-quarter operating cash flow alone reaching $187 million. Second-quarter revenues climbed 19% year over year to a record $1.64 billion on increased execution of large, high-margin projects across New York, California, Hawaii and the Indo-Pacific region, and the company ended the quarter with a near-record $19.9 billion backlog that includes nine mega projects valued at roughly $16 billion. Cash and cash equivalents available for general corporate purposes rose to $423.5 million at June 30, 2026, from $270.7 million at the end of 2025, and at quarter-end cash and equivalents exceeded total debt by $542 million. Management does not expect 2026 operating cash flow to surpass last year's roughly $750 million, though it could be the company's second-best annual result. TPC's earnings estimates for 2026 and 2027 have moved upward over the past 60 days to $5.48 per share and $6.25, respectively, implying year-over-year growth of 27.7% and 14.1%.
Tutor Perini CorporationRecord $334.1M first-half operating cash flow, 19% revenue growth to $1.64B, and rising 2026/2027 EPS estimates
China Dvlp Bk Finl Leasing Co
Fluor Corporation
Sterling Infrastructure, Inc.
AT&T Inc.