TPC (Tutor Perini) Forward Rate of Return (Yacktman) %: 0.00% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPC Tutor Perini Corp TPC
66 GF Score
Price $99.27
GF Value $33.01
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Tutor Perini Forward Rate of Return (Yacktman) %?

Tutor Perini TPC +17.41% 66 Forward Rate of Return (Yacktman) % is 0.00% as of Jun. 2026. GuruFocus rates TPC with a GF Score™ of 66/100 and a GF Value™ of $33.01 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,295 Construction companies, Tutor Perini ranks worse than 66.95% on this metric.

Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. Tutor Perini's forward rate of return for was 0.00%.

The historical rank and industry rank for Tutor Perini's Forward Rate of Return (Yacktman) % or its related term are showing as below:

TPC' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -5.15   Med: -1.1   Max: -0.55
Current: -2.16

During the past 13 years, Tutor Perini's highest Forward Rate of Return was -0.55. The lowest was -5.15. And the median was -1.10.

TPC's Forward Rate of Return (Yacktman) % is ranked worse than
66.95% of 1295 companies
in the Construction industry
Industry Median: 8.7 vs TPC: -2.16

Unlike the Earnings Yield %, the Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Tutor Perini  (NYSE:TPC) Forward Rate of Return (Yacktman) % Explanation

Unlike the Earnings Yield, the Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.

For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of EBITDA per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over five years. The reason we use five years is to make it comparable to the growth rate.


Be Aware

In the Forward Rate of Return calculation, the growth rate is added directly to today's free cash flow yield. Therefore the calculation is reliable only if the company can grow at the same rate in the future as it did in the past. Investors should pay close attention to this when researching growth stocks. A more accurate measurement for return is Return on Capital.


Tutor Perini Forward Rate of Return (Yacktman) % Related Terms


Tutor Perini Forward Rate of Return (Yacktman) % Historical Data

* Premium members only.

The historical data trend for Tutor Perini's Forward Rate of Return (Yacktman) % 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.

Tutor Perini Forward Rate of Return (Yacktman) % Chart

Tutor Perini Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Forward Rate of Return (Yacktman) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Tutor Perini Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Forward Rate of Return (Yacktman) % 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 0.00 0.00 0.00 0.00 0.00

TPC vs KBR, PRIM, LGN: Forward Rate of Return (Yacktman) % Comparison

For the Engineering & Construction subindustry, Tutor Perini's Forward Rate of Return (Yacktman) %, along with its competitors' market caps and Forward Rate of Return (Yacktman) % 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 Forward Rate of Return (Yacktman) % vs Construction Industry

For the Construction industry and Industrials sector, Tutor Perini's Forward Rate of Return (Yacktman) % distribution charts can be found below:

* The bar in red indicates where Tutor Perini's Forward Rate of Return (Yacktman) % falls into.


TPC
66GF Score
Tutor Perini Corp TPC
Forward Rate of Return (Yacktman) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tutor Perini Forward Rate of Return (Yacktman) % Calculation

Forward Rate of Return is a concept that Don Yacktman uses in his investment approach. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation. He said in the interview (March 2012, when the S&P 500 was at about 1400):

If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.

The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).

Tutor Perini's Forward Rate of Return of Jun. 2026 is

Forward Rate of Return=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=-0.46857143/0+-0.0161
=0 %

* 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.

What does a Forward Rate of Return (Yacktman) % of 0.00% mean?
Tutor Perini (TPC) has a Forward Rate of Return (Yacktman) % of 0.00% as of Jun. 2026. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Tutor Perini and its competitors. According to the industry distribution chart, Tutor Perini ranks #867 out of 1295 companies in the Construction industry, placing it in the top 66.9%.
Is Tutor Perini's Forward Rate of Return (Yacktman) % too high?
Tutor Perini's current Forward Rate of Return (Yacktman) % is 0.00%. Based on the distribution chart, Tutor Perini ranks #867 out of 1295 companies in the Construction industry, which is below the industry midpoint. Overall, Tutor Perini has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tutor Perini's Forward Rate of Return (Yacktman) % compare to KBR and PRIM?
According to the Construction industry distribution chart, Tutor Perini ranks #867 out of 1295 companies for Forward Rate of Return (Yacktman) %. This places Tutor Perini in the lower half of its industry. The industry median Forward Rate of Return (Yacktman) % is 8.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Rate of Return (Yacktman) % for a Construction company?
The median Forward Rate of Return (Yacktman) % among Construction companies is 8.70, based on 1,295 companies in the industry. Companies in the top quartile (top 25%) have a Forward Rate of Return (Yacktman) % significantly above this median, while those in the bottom quartile fall well below. However, Forward Rate of Return (Yacktman) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Rate of Return (Yacktman) % mean?
A high Forward Rate of Return (Yacktman) % can signal that a stock is expensive relative to its fundamentals. Yacktman's forward rate of return equals the sum of normalized free-cash-flow yield plus earnings growth. View historical data on Tutor Perini and its competitors. For the Construction industry, the median Forward Rate of Return (Yacktman) % is 8.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tutor Perini's current Forward Rate of Return (Yacktman) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tutor Perini stock overvalued right now?
Based on GuruFocus' analysis, Tutor Perini (TPC) is currently considered Significantly Overvalued. The stock's GF Value™ is $33.01, compared to a current price of $99.27 — trading 200.7% above its estimated fair value. The current Forward Rate of Return (Yacktman) % is 0.00%. Tutor Perini's overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Rate of Return (Yacktman) % calculated?
Forward Rate of Return (Yacktman) % is calculated from a company's financial statements. For Tutor Perini (TPC), the current Forward Rate of Return (Yacktman) % is 0.00% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tutor Perini (TPC) Overvalued in 2026?

Based on GuruFocus' analysis, Tutor Perini stock appears to be overvalued. The current stock price of $99.27 is trading 200.7% above its estimated GF Value™ of $33.01. GuruFocus considers Tutor Perini to be Significantly Overvalued.

Key valuation signals for TPC:

  • Forward Rate of Return (Yacktman) %: 0.00%
  • GF Value™: $33.01 vs. price of $99.27 (200.7% above fair value)
  • GF Score™: 66/100 with 7 warning signs

No single metric tells the full story. See the TPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tutor Perini Business Description

Other Exchanges PE2:Germany
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. Tutor Perini has three operating segments: Civil, Building, and Specialty Contractors. A majority of its revenue is generated from the Civil segment, which specializes in public works construction and the replacement and reconstruction of infrastructure. Its civil contracting services include construction and rehabilitation of highways, bridges, tunnels, mass-transit systems, military and other government facilities, and water management and wastewater treatment facilities. Geographically it derives key revenue from the United States.
66GF Score

Get the complete analysis for TPC

Forward Rate of Return (Yacktman) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$99.27
Price
$33.01
GF Value