TPC (Tutor Perini) ROC (Joel Greenblatt) %: 49.83% (As of Mar. 2026) — 112% Above Median


TPC Tutor Perini Corp TPC
64 GF Score
Price $81.88
GF Value $32.52
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Tutor Perini ROC (Joel Greenblatt) %?

Tutor Perini TPC +2.95% 64 ROC (Joel Greenblatt) % is 49.83% as of Mar. 2026, which is 112% above its 10-year median of 23.46. GuruFocus rates TPC with a GF Score™ of 64/100 and a GF Value™ of $32.52 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,776 Construction companies, Tutor Perini ranks better than 76.58% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Tutor Perini's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 49.83%.

The historical rank and industry rank for Tutor Perini's ROC (Joel Greenblatt) % or its related term are showing as below:

TPC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -46.72   Med: 23.46   Max: 52.51
Current: 51.16

During the past 13 years, Tutor Perini's highest ROC (Joel Greenblatt) % was 52.51%. The lowest was -46.72%. And the median was 23.46%.

TPC's ROC (Joel Greenblatt) % is ranked better than
76.58% of 1776 companies
in the Construction industry
Industry Median: 19.425 vs TPC: 51.16

Tutor Perini's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Tutor Perini  (NYSE:TPC) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Tutor Perini ROC (Joel Greenblatt) % Related Terms


Tutor Perini ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Tutor Perini's ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % Chart

Tutor Perini Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.61 -25.59 -19.44 -20.49 52.51

Tutor Perini Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % 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 63.85 72.85 39.25 44.72 49.83

TPC vs KBR, PRIM, EXPO: ROC (Joel Greenblatt) % Comparison

For the Engineering & Construction subindustry, Tutor Perini's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Construction Industry

For the Construction industry and Industrials sector, Tutor Perini's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Tutor Perini's ROC (Joel Greenblatt) % falls into.


TPC
64GF Score
Tutor Perini Corp TPC
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tutor Perini ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1887.503 + 0 + 675.63) - (1386.299 + 1838.61 + 4.5474735088646E-13)
=-661.776

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1837.746 + 0 + 650.889) - (1308.009 + 1893.509 + 0)
=-712.883

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Tutor Perini for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=274.728/( ( (547.995 + max(-661.776, 0)) + (554.766 + max(-712.883, 0)) )/ 2 )
=274.728/( ( 547.995 + 554.766 )/ 2 )
=274.728/551.3805
=49.83 %

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROC (Joel Greenblatt) % of 49.83% mean?
Tutor Perini (TPC) has a ROC (Joel Greenblatt) % of 49.83% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Tutor Perini and its competitors. This is 112% above median its historical median of 23.46. According to the industry distribution chart, Tutor Perini ranks #416 out of 1776 companies in the Construction industry, placing it in the top 23.4%.
Is Tutor Perini's ROC (Joel Greenblatt) % too high?
Tutor Perini's current ROC (Joel Greenblatt) % of 49.83% is 112% above median its 10-year median of 23.46. The Construction industry median ROC (Joel Greenblatt) % is 19.43. Tutor Perini's value of 49.83% is 156.5% above this industry median. Based on the distribution chart, Tutor Perini ranks #416 out of 1776 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Tutor Perini has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tutor Perini's ROC (Joel Greenblatt) % compare to KBR and PRIM?
According to the Construction industry distribution chart, Tutor Perini ranks #416 out of 1776 companies for ROC (Joel Greenblatt) %. This places Tutor Perini in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.43. Tutor Perini's value of 49.83% is 156.5% above this benchmark. While the company's 10-year median is 23.46 vs. the industry median of 19.43, Tutor Perini has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.43, based on 1,776 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tutor Perini's current ROC (Joel Greenblatt) % of 49.83% is 156.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Tutor Perini and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tutor Perini's current ROC (Joel Greenblatt) % is 49.83%, which is 112% above median its own 10-year median of 23.46. 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 $32.52, compared to a current price of $81.88 — trading 151.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 49.83%, which is 112% above median its 10-year median of 23.46 and 156.5% above the Construction industry median of 19.43. Tutor Perini's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Tutor Perini (TPC), the current ROC (Joel Greenblatt) % is 49.83% as of Mar. 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 $81.88 is trading 151.8% above its estimated GF Value™ of $32.52. GuruFocus considers Tutor Perini to be Significantly Overvalued.

Key valuation signals for TPC:

  • ROC (Joel Greenblatt) %: 49.83% (112% above median its 10-year median of 23.46)
  • GF Value™: $32.52 vs. price of $81.88 (151.8% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 156.5% above the Construction median (#416 of 1776)

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.
64GF Score

Get the complete analysis for TPC

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$81.88
Price
$32.52
GF Value