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Tutor Perini (Tutor Perini) Debt-to-EBITDA : 2.98 (As of Mar. 2024)


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What is Tutor Perini Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Tutor Perini's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $21 Mil. Tutor Perini's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $780 Mil. Tutor Perini's annualized EBITDA for the quarter that ended in Mar. 2024 was $269 Mil. Tutor Perini's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.98.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Tutor Perini's Debt-to-EBITDA or its related term are showing as below:

TPC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.65   Med: 2.84   Max: 5.13
Current: -16.65

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tutor Perini was 5.13. The lowest was -16.65. And the median was 2.84.

TPC's Debt-to-EBITDA is ranked worse than
100% of 1307 companies
in the Construction industry
Industry Median: 2.31 vs TPC: -16.65

Tutor Perini Debt-to-EBITDA Historical Data

The historical data trend for Tutor Perini's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tutor Perini Debt-to-EBITDA Chart

Tutor Perini Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.82 2.96 2.88 -7.09 -16.65

Tutor Perini Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.74 15.12 196.02 -45.40 2.98

Competitive Comparison of Tutor Perini's Debt-to-EBITDA

For the Engineering & Construction subindustry, Tutor Perini's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tutor Perini's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tutor Perini's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tutor Perini's Debt-to-EBITDA falls into.



Tutor Perini Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Tutor Perini's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(117.431 + 782.314) / -54.034
=-16.65

Tutor Perini's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(21.109 + 780.058) / 268.844
=2.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2024) EBITDA data.


Tutor Perini  (NYSE:TPC) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Tutor Perini Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Tutor Perini's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Tutor Perini (Tutor Perini) Business Description

Traded in Other Exchanges
Address
15901 Olden Street, Sylmar, CA, USA, 91342
Tutor Perini Corp offers general contracting, construction management, and design-build services to private and public customers. The company constructs and repairs transportation infrastructure, water-treatment facilities, and a wide range of buildings. It plans and schedules the manpower, equipment, materials, and subcontractors required for a project. Tutor Perini has three operating segments: civil, building, and specialty contractors and generates majority revenue from civil segment. The company offers self-performed construction services, including site work, concrete forming, steel erection, electrical, mechanical, and heating, ventilation, and air conditioning, or HVAC. The majority of its total revenue is derived from the United States.
Executives
Ronald N Tutor director, 10 percent owner, officer: Chairman & CEO C/O TUTOR PERINI CORP, 15901 OLDEN STREET, SYLMAR CA 91342
Dale Anne Reiss director 589 KINZIE ISLAND COURT, SANIBEL FL 33957
Michael Francis Smithson officer: Executive Vice President 15901 OLDEN ST, SYLMAR CA 91342
Sidney J Feltenstein director 5328 NORTH BAY RD, MIAMI BEACH FL 33140
Desai Jigisha director C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
Dennis D Oklak director 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Michael Filip Horodniceanu director 15901 OLDEN STREET, SYLMAR CA 91342
Robert C Lieber director C/O ISLAND CAPITAL GROUP, LLC, 717 5TH AVENUE, 18TH FLOOR, NEW YORK NY 10022
Ghassan Ariqat officer: Executive Vice President 15901 OLDEN ST., SYLMAR CA 91342
James A Frost officer: Executive VP TUTOR PERINI CORPORATION, 15901 OLDEN STREET, SYLMAR CA 91342
Michael R Klein director 2001 K STREET, N.W., SUITE 206, WASHINGTON DC 20006
Gary G. Smalley officer: Executive VP and CFO C/O TUTOR PERINI CORPORATION, 15901 OLDEN STREET, SYLMAR CA 91342
Ronald N. Tutor Separate Property Trust 10 percent owner C/O JOHN D. BARRETT, 15901 OLDEN STREET, SYLMAR CA 91342
Raymond R Oneglia director C/O O&G INDUSTRIES, INC., 112 WALL STREET, TORRINGTON CT 06790
Jean Jamil Abiassi officer: Pres & CEO, Bldg & Spec Groups C/O TUTOR PERINI CORPORATION, 15901 OLDEN ST., SYLMAR CA 91342