Tutor Perini (STU:PE2) Debt-to-Equity : 0.61 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Tutor Perini Debt-to-Equity?

Tutor Perini's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €19 Mil. Tutor Perini's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €718 Mil. Tutor Perini's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,202 Mil. Tutor Perini's debt to equity for the quarter that ended in Mar. 2024 was 0.61.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

STU:PE2' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 0.6 Max: 0.71
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of Tutor Perini was 0.71. The lowest was 0.42. And the median was 0.60.

STU:PE2's Debt-to-Equity is ranked worse than
59.63% of 1511 companies
in the Construction industry
Industry Median: 0.44 vs STU:PE2: 0.61

Tutor Perini Debt-to-Equity Historical Data

The historical data trend for Tutor Perini's Debt-to-Equity 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-Equity Chart

Tutor Perini Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.58

0.66

0.60

0.66

0.70

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-Equity	Get a 7-Day Free Trial															0.70	0.68	0.68	0.70	0.61

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

For the Engineering & Construction subindustry, Tutor Perini's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity Distribution in the Construction Industry

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

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

Tutor Perini Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(107.684	+	717.382)	/	1184.386
	=	0.70

Tutor Perini's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(19.42	+	717.653)	/	1202.473
	=	0.61

Tutor Perini (STU:PE2) Debt-to-Equity Explanation

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

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Tutor Perini Debt-to-Equity Related Terms

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

Tutor Perini (STU:PE2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tutor Perini Corp (STU:PE2) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TPC:USA PE2:Germany

Address

15901 Olden Street, Sylmar, CA, USA, 91342

Website

https://www.tutorperini.com

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.

Tutor Perini (STU:PE2) Headlines

No Headlines