Tutor Perini's Total Assets for the quarter that ended in Dec. 2023 was $4,430 Mil.
During the past 12 months, Tutor Perini's average Total Assets Growth Rate was -5.50% per year.
During the past 3 years, the average Total Assets Growth Rate was -4.70% per year.
During the past 5 years, the average Total Assets Growth Rate was -0.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.50% per year.
During the past 13 years, Tutor Perini's highest 3-Year average Total Assets Growth Rate was 49.10%. The lowest was -21.80%. And the median was 6.40%.
Total Assets is connected with ROA %. Tutor Perini's annualizedROA % for the quarter that ended in Dec. 2023 was -4.26%. Total Assets is also linked to Revenue through Asset Turnover. Tutor Perini's Asset Turnover for the quarter that ended in Dec. 2023 was 0.23.
Tutor Perini Total Assets Historical Data
The historical data trend for Tutor Perini's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Tutor Perini's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Tutor Perini's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Tutor Perini Total Assets Related Terms
Thank you for viewing the detailed overview of Tutor Perini's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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