Is Tutor Perini Entering a New Era After Backlog Tripled Since 2022?

Key Takeaways TPC's backlog surged 102% year over year to $21.1B, nearly tripling since 2022.New Q2 awards include a $1.87B NYC bus terminal and $538M 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 ...