TUTOR PERINI CORP
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 27, 2025
TPC$94.70+5.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Year Ended December 31, | |||
|---|---|---|---|
| (in thousands, except per common share amounts) | 2024 | 2023 | 2022 |
| REVENUE | $4,326,922 | $3,880,227 | $3,790,755 |
| COST OF OPERATIONS | (4,129,884) | (3,739,603) | (3,761,143) |
| GROSS PROFIT | 197,038 | 140,624 | 29,612 |
| General and administrative expenses | (300,791) | (255,221) | (234,376) |
| LOSS FROM CONSTRUCTION OPERATIONS | (103,753) | (114,597) | (204,764) |
| Other income, net | 19,878 | 17,200 | 6,732 |
| Interest expense | (89,133) | (85,157) | (69,638) |
| LOSS BEFORE INCOME TAXES | (173,008) | (182,554) | (267,670) |
| Income tax benefit | 50,669 | 54,957 | 75,098 |
| NET LOSS | (122,339) | (127,597) | (192,572) |
| LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS | 41,382 | 43,558 | 17,437 |
| NET LOSS ATTRIBUTABLE TO TUTOR PERINI CORPORATION | $(163,721) | $(171,155) | $(210,009) |
| BASIC LOSS PER COMMON SHARE | $(3.13) | $(3.30) | $(4.09) |
| DILUTED LOSS PER COMMON SHARE | $(3.13) | $(3.30) | $(4.09) |
| WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING: | |||
| BASIC | 52,322 | 51,845 | 51,324 |
| DILUTED | 52,322 | 51,845 | 51,324 |
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