v3.26.1
Earnings Per Common Share
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Earnings Per Common Share Earnings Per Common Share
Basic earnings per common share (“EPS”) and diluted EPS are calculated by dividing net income (loss) attributable to Tutor Perini Corporation by the following: for basic EPS, the weighted-average number of common shares outstanding during the period; and for diluted EPS, the sum of the weighted-average number of both outstanding common shares and potentially dilutive securities, which for the Company can include restricted stock units (“RSUs”) and unexercised stock options. The Company calculates the effect of the potentially dilutive RSUs and stock options using the treasury stock method.
Three Months Ended March 31,
(in thousands, except per common share data)20262025
Net income attributable to Tutor Perini Corporation$25,696 $27,998 
Weighted-average common shares outstanding, basic52,736 52,537 
Effect of dilutive RSUs and stock options1,014 473 
Weighted-average common shares outstanding, diluted53,750 53,010 
Net income attributable to Tutor Perini Corporation per common share:
Basic$0.49 $0.53 
Diluted$0.48 $0.53 
Anti-dilutive securities not included above— 402 
Refer to Note 19, Business Segments, for additional details on significant impacts to net income and diluted EPS.