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Universal Technical Institute Inc (UTI) stock

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NYSE: UTI NYSE Education Services Next results ~November 18, 2026

C Fundamentals grade

Universal Technical Institute Inc is a US-listed company in the education services industry. Its financial year ends in September.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$18

Cash-flow model

Base case. Range ~$13–$23 across our lower- and higher-growth cases (8.2%–18.2% a year).

Price vs value

Modestly overvalued

The price is inside our value range, 23% above our base value.

Price used: $21.87, November 2, 2026

Universal Technical Institute Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders2 buying, 11 selling12 purchases and 14 sales by directors and officers, last 12 monthsInsider trades
  • Funds151 adding, 105 cuttingOf 38 active managers that changed their stake, 20 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Universal Technical Institute files

Where Universal Technical Institute stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $884m, up 9.1% on a year earlier, slower than the 11.0% growth a quarter earlier. Free-cash-flow margin fell to -2.6% from 9.2% a year earlier. Operating margin narrowed to 5.0% from 10.4%. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 3 of our 7 financial-health checks. Our cash-flow model value is $18.45 a share, against a share price of $23.43.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 18, 2026 (estimated)

Universal Technical Institute Inc's trailing-twelve-month revenue grew 9.1% year on year, with a free-cash-flow margin of -2.6%.

Our discounted-cash-flow model values the business at ~$18 per share in the base case (~$13–$23 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 118% in the quarter to 2026-06-30, the 3rd beat in the last four quarters.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Universal Technical Institute Inc's latest figures clears our strength thresholds.

Things to watch

  • Margins narrowing. Operating margin is down 5.4 points on a year ago.
  • Burning cash. Free cash flow was -2.6% of revenue over the last 12 months.
  • Volatile shares. Over the past year the shares showed annualised volatility of 67% and a beta of 0.8 against the S&P 500.
  • Weak cash conversion. Free cash flow was -67% of net income over the last 12 months.
  • Heavily shorted. 13.7% of the shares available to trade are sold short (3.8 days of average volume to cover).
  • Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 13.7% over 90 days.

Latest results: FY2026 Q3

Filed August 6, 2026
Earnings per share
$0.04 against an average estimate of $0.02: beat by 118.2%
Revenue
$219m, up 7.2% on a year earlier
Share reaction
-34.0% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Next report
November 18, 2026

Universal Technical Institute's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-3.4%
  • 1 week-0.5%
  • 1 month+12.8%
  • This year-16.3%
  • 1 year-26.4%
  • 5 years+209.8%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$884M
Operating margin
5.0%
Net margin
3.9%
EPS (TTM, diluted)
$0.61

Growth

Revenue growth
+9.1%
Change in growth rate
−1.9 pts
Share count change
+0.3%

Cash

Free cash flow (TTM)
-$22.9M
FCF margin
-2.6%
Stock pay % of revenue
1.4%

Earnings

Last results
August 5, 2026
Next results (est.)
November 18, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Agreement
  2. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Universal Technical Institute Inc valuation models and calculator

What the price is pricing in

The share price implies about 16.0% a year of cash-flow growth for five years.That is slower than the 21.4% a year revenue growth Universal Technical Institute has delivered.

Read with care: free cash flow has swung sharply in the past year (often a one-off tax, legal or working-capital item), so the cash-flow base behind this reading may be unusually low or high.

  • Priced in16.0%
  • Last 12 months9.1%
  • 3 years a year17.3%
  • 5 years a year21.4%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($21.79, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$18
Price used
$21.79close November 3, 2026
Implied change
▼ 19%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Universal Technical Institute Inc's free cash flow after stock-based pay with after-tax interest added back ($32.7M, FY2026 Q3 TTM), growing 9.7% and 11.8% in the next two years (forecasts, guidance and its record), then back to 13.2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$13–~$23 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Universal Technical Institute Inc's free cash flow after stock-based pay ( $32.7M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Universal Technical Institute Inc as an operating company, with every model that fits that kind of business. Cost of equity 8.8%: the 10-year Treasury yield (4.9%) plus a beta of 0.86 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$18 ~$13–$23 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$6.7 ~$5.8–$9.7 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$8.2 ~$5.9–$12 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$8.9 ~$7.6–$11 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$12 ~$6.7–$18 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Universal Technical Institute Inc with Education Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $9$12$16$21$28$37
8.5% $7$9$12$16$21$27
10% $6$7$9$12$16$21

Valuation multiples over time Market data may be delayed

At fiscal year end 2016201720182019202020212022202320242025Now
Share price$1.78$3.47$2.66$5.44$5.08$6.76$5.44$8.38$16.26$32.55$21.87
Market value$43m$86m$67m$138m$153m$224m$184m$289m$827m$1.8bn$1.2bn
+ Net debt (− = net cash)−$119m−$50m−$58m−$65m−$77m−$103m$2m$11m−$36m−$40m$30m
Enterprise value−$76m$36m$9m$73m$76m$121m$185m$300m$791m$1.8bn$1.3bn
Multiples
Price / sales 0.1x0.3x0.2x0.4x0.5x0.7x0.4x0.5x1.1x2.2x1.4x
Price / earnings ————19.1x15.4x7.1x23.4x19.7x28.7x35.6x
Price / free cash flow ———9.0x86.4x———13.4x32.7x—
EV / EBITDA —2.9x—13.5x9.6x4.2x4.7x6.4x9.0x15.2x15.4x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

11 /100

Weak moat

How hard Universal Technical Institute's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 1.8% of total assets over 10 years.

  • Durability 0 / 20

    Operating margin has been a median 2.7%; its worst year was -8.0%.

  • Cash conversion 3 / 20

    Free cash flow was positive in 3 of 10 years, at a median -2.9% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 69.7% over five years; stock-based pay has been a median 0.9% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (16 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 18, 2026, after the close. Analysts expect revenue of $235m for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.60 −47% $896m +7%
Next $0.73 +22% $972m +8%

Next year's EPS estimate has moved −13.7% in 90 days, across 6 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −22.3% on 90 days ago. In the last 30 days, 0 analysts raised Universal Technical Institute Inc's forecast and 4 cut it.

Consensus EPS forecast Universal Technical Institute Inc, last 90 days
$0.60 $0.70 $0.80 $0.90 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.78 Current fiscal year, 60 days ago: $0.60 Current fiscal year, 30 days ago: $0.60 Current fiscal year, 7 days ago: $0.60 Current fiscal year, Now: $0.60 $0.60 Next fiscal year, 90 days ago: $0.85 Next fiscal year, 60 days ago: $0.73 Next fiscal year, 30 days ago: $0.73 Next fiscal year, 7 days ago: $0.73 Next fiscal year, Now: $0.73 $0.73

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.78$0.85
60 days ago $0.60$0.73
30 days ago $0.60$0.73
7 days ago $0.60$0.73
Now $0.60$0.73

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.02 $0.04 +118.2%
Mar 2026 $0.00 $0.01 0.0%
Dec 2025 $0.14 $0.23 +66.3%
Sept 2025 $0.26 $0.34 +32.5%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Universal Technical Institute Inc's revenue by +9.7% next year and +11.8% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+7.8%, weight 65%) and the company's own record (+13.2%, weight 35%) . How the weights are set.

Analyst recommendations

6 analysts, Oct 2026
Buy6100%
Hold00%
Sell00%

Monthly trend

  1. Oct 2026156
  2. Sep 2026156
  3. Aug 2026156
  4. Jul 2026156

Counts of recommendations published by analysts covering Universal Technical Institute Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
13.7%
of tradable shares
Days to cover
3.83
at average volume
Short interest, 1 month
+9%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
2.5%
of shares
Employees
4,100
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months −26.4%

$29.72 on October 31, 2025 to $21.87

ThenNowEffect
Revenue (last 12 months) $810m $884m +9.1%
Net margin 7.8% 3.9% −50.2%
P/E multiple 26.2x 35.6x +35.8%
Share count 56m 56m −0.3%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
UTI+21%−14%+86%+105%+2%−16%
Industry peers (median)−20%−6%+23%+14%−3%−8%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
UTI50%50%75%58%50%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
UTI−20%−51%−26%−22%−39%−64%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 74% from December 1, 2015 to October 31, 2016. Getting back needed a 280% gain, reached on October 23, 2019, 1087 days after the low.

Price behaviour

52-week range
$18.47 – $51.20
From 52-week high
−57.3%
vs 50-day average
+4.8%
vs 200-day average
−32.3%
Volatility (1 year)
67%
Beta vs S&P 500
0.80

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±13.0%
After a week
5 up, 7 down
typical move ±14.3%
After a month
5 up, 7 down
typical move ±16.3%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 −34.0% −0.4% −39.3% −48.9%
May 6, 2026 −8.1% +1.1% +2.9% +12.8%
February 4, 2026 −13.2% −1.7% −4.8% +22.7%
November 19, 2025 −19.0% −1.1% −20.1% −9.2%
August 6, 2025 −15.1% +0.7% −19.3% −15.7%
May 7, 2025 +11.4% +1.1% +12.5% +20.2%
February 5, 2025 +2.0% +0.8% −5.3% −9.5%
November 20, 2024 +18.4% +0.6% +30.6% +26.8%
August 6, 2024 −1.9% +0.2% −2.4% −4.1%
May 8, 2024 −8.7% +0.6% −7.3% −13.3%
February 7, 2024 +10.0% +0.9% +8.7% −1.4%
November 15, 2023 +13.8% +0.3% +18.6% +11.4%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Universal Technical Institute Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Implied vs realised volatility

Includes results

A results date falls inside these options’ life. Implied volatility is meant to be higher for that, so we do not call it rich.

  • Implied is 1.48× the last 60 days’ realised volatility .
  • Puts and calls are priced at about the same implied volatility.
  • Why: an earnings date falls inside the option's life, so implied volatility is expected to be high.

Our rule for “rich”: implied at least 1.2× 60-day realised (beyond measurement noise), above 1-year realised (not just a calm spell), and in the top 20% of our coverage that day. Never with results inside the option’s life. These are our conventions, built on research showing option prices usually imply more movement than follows, most when the gap is wide. How we judge this.

Cash-secured put

Not offered: fundamentals grade C (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

UTI Universal Technical Institute Inc Grade C $21.73

Own 100 shares, sell the $25.00 call expiring December 18, 2026 (46 days) for $0.90 a share — $90.00 per contract.

Previous session · Bid $0.90, ask $1.05, quoted Mon 2 Nov, 17:39 New York time with UTI at $21.73. Option prices move with the shares: check the live chain at your broker before trading.

  • If UTI ends below $25.00: you keep your shares and the $90.00 — 4.1% extra on the position, 32.9% a year at that pace.
  • If it ends above $25.00: your shares are sold at $25.00, a total return of 19.2% including the premium — at or above our value of ~$18.
$417 $0 −$417 Our value $18.00 Break-even $20.83 Price $21.73
Profit or loss per contract at expiry, by share price (including the shares bought at today's price).
Premium
$90.00
Annualised
32.9%
Break-even
$20.83
Max gain
$417
Chance of selling
~32%

Results are expected around November 18, 2026, before this option expires: the share price can jump on results, and the premium partly reflects that.

Collar

Own the shares, buy the $20.00 put and sell the $25.00 call, both expiring December 18, 2026 (46 days).

  • Net cost of $0.40 a share ($40.00 per contract of 100 shares).
  • Worst case at expiry: -9.8%, if the shares fall below $20.00 (-8.0% from today).
  • Best case at expiry: +13.2%, if the shares rise above $25.00 (+15.0%); gains beyond that go to the call buyer.

Offered because the shares trade at or above our fair value of $18.00: a way to hold on with a floor under the price, paid for by giving up upside the model does not expect. Strikes near 25-delta; the put at its ask and the call at its bid. Protection has a cost over time: research on protective puts finds they have usually lowered returns.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Universal Technical Institute Inc in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Universal Technical Institute Inc
$600M $700M $800M $900M FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $607.4M Revenue (TTM), FY24 Q1: $662.1M Revenue (TTM), FY24 Q2: $682.5M Revenue (TTM), FY24 Q3: $706.6M Revenue (TTM), FY24 Q4: $732.7M Revenue (TTM), FY25 Q1: $759.4M Revenue (TTM), FY25 Q2: $782.7M Revenue (TTM), FY25 Q3: $809.5M Revenue (TTM), FY25 Q4: $835.6M Revenue (TTM), FY26 Q1: $855M Revenue (TTM), FY26 Q2: $869M Revenue (TTM), FY26 Q3: $883.6M $883.6M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $607.4M
FY24 Q1 $662.1M
FY24 Q2 $682.5M
FY24 Q3 $706.6M
FY24 Q4 $732.7M
FY25 Q1 $759.4M
FY25 Q2 $782.7M
FY25 Q3 $809.5M
FY25 Q4 $835.6M
FY26 Q1 $855M
FY26 Q2 $869M
FY26 Q3 $883.6M
Revenue growth, TTM YoY Universal Technical Institute Inc
0% 20% 40% 60% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 45.0% Revenue growth, TTM YoY, FY24 Q1: 52.7% Revenue growth, TTM YoY, FY24 Q2: 37.8% Revenue growth, TTM YoY, FY24 Q3: 29.0% Revenue growth, TTM YoY, FY24 Q4: 20.6% Revenue growth, TTM YoY, FY25 Q1: 14.7% Revenue growth, TTM YoY, FY25 Q2: 14.7% Revenue growth, TTM YoY, FY25 Q3: 14.6% Revenue growth, TTM YoY, FY25 Q4: 14.0% Revenue growth, TTM YoY, FY26 Q1: 12.6% Revenue growth, TTM YoY, FY26 Q2: 11.0% Revenue growth, TTM YoY, FY26 Q3: 9.1% 9.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 45.0%
FY24 Q1 52.7%
FY24 Q2 37.8%
FY24 Q3 29.0%
FY24 Q4 20.6%
FY25 Q1 14.7%
FY25 Q2 14.7%
FY25 Q3 14.6%
FY25 Q4 14.0%
FY26 Q1 12.6%
FY26 Q2 11.0%
FY26 Q3 9.1%
Operating margin (TTM) Universal Technical Institute Inc
0% 5% 10% 15% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 3.5% Operating margin (TTM), FY24 Q1: 4.7% Operating margin (TTM), FY24 Q2: 5.3% Operating margin (TTM), FY24 Q3: 6.1% Operating margin (TTM), FY24 Q4: 8.0% Operating margin (TTM), FY25 Q1: 9.5% Operating margin (TTM), FY25 Q2: 9.9% Operating margin (TTM), FY25 Q3: 10.4% Operating margin (TTM), FY25 Q4: 10.0% Operating margin (TTM), FY26 Q1: 8.4% Operating margin (TTM), FY26 Q2: 6.3% Operating margin (TTM), FY26 Q3: 5.0% 5.0%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 3.5%
FY24 Q1 4.7%
FY24 Q2 5.3%
FY24 Q3 6.1%
FY24 Q4 8.0%
FY25 Q1 9.5%
FY25 Q2 9.9%
FY25 Q3 10.4%
FY25 Q4 10.0%
FY26 Q1 8.4%
FY26 Q2 6.3%
FY26 Q3 5.0%
FCF margin (TTM) Universal Technical Institute Inc
-5% 0% 5% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: -1.2% FCF margin (TTM), FY24 Q1: 0.5% FCF margin (TTM), FY24 Q2: 5.0% FCF margin (TTM), FY24 Q3: 6.7% FCF margin (TTM), FY24 Q4: 8.4% FCF margin (TTM), FY25 Q1: 9.8% FCF margin (TTM), FY25 Q2: 9.1% FCF margin (TTM), FY25 Q3: 9.2% FCF margin (TTM), FY25 Q4: 6.6% FCF margin (TTM), FY26 Q1: 1.9% FCF margin (TTM), FY26 Q2: 0.2% FCF margin (TTM), FY26 Q3: -2.6% -2.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 -1.2%
FY24 Q1 0.5%
FY24 Q2 5.0%
FY24 Q3 6.7%
FY24 Q4 8.4%
FY25 Q1 9.8%
FY25 Q2 9.1%
FY25 Q3 9.2%
FY25 Q4 6.6%
FY26 Q1 1.9%
FY26 Q2 0.2%
FY26 Q3 -2.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Universal Technical Institute took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $836M
  2. Selling, general and admin $332M · 39.7%
  3. Other operating costs $420M · 50.3%
  4. Operating income $83.5M · 10.0%
  5. Income tax $21.3M · 2.5%
  6. Net income $63M · 7.5%

Shares of revenue. Source: Universal Technical Institute's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Sept 2009 2010 Sept 2010 2011 Sept 2011 2012 Sept 2012 2013 Sept 2013 2014 Sept 2014 2015 Sept 2015 2016 Sept 2016 2017 Sept 2017 2018 Sept 2018 2019 Sept 2019 2020 Sept 2020 2021 Sept 2021 2022 Sept 2022 2023 Sept 2023 2024 Sept 2024 2025 Sept 2025 LTM Jun 2026
Income
Revenue 367 436 452 414 380 378 363 347 324 317 332 301 335 419 607 733 836 884
EBITDA 36 66 69 38 28 25 8 −4 12 −22 5 8 29 39 47 88 116 81
Operating income 19 46 45 14 6 6 −9 −19 −2 −35 −8 −4 15 22 21 59 83 44
Net income 12 29 27 9 4 2 −9 −48 −8 −33 −8 8 15 26 12 42 63 34
Diluted EPS $0.48 $1.17 $1.09 $0.37 $0.16 $0.08 −$0.38 −$2.02 −$0.54 −$1.51 −$0.52 $0.05 $0.17 $0.38 $0.13 $0.75 $1.13 $0.61
Growth (year on year)
Revenue — +18.9% +3.7% −8.5% −8.1% −0.5% −4.2% −4.3% −6.6% −2.3% +4.6% −9.3% +11.4% +25.0% +45.0% +20.6% +14.0% +9.1%
EBITDA — +82.3% +5.1% −45.1% −26.0% −10.4% −68.0% −144.1% — −279.9% — — +265.2% +35.5% +18.7% +89.2% +32.0% −30.5%
Operating income — +147.4% −3.4% −68.0% −57.7% — — — — — — — — +49.7% −4.4% +175.2% +41.7% −47.6%
Net income — +143.5% −5.8% −66.1% −57.2% — — — — — — — +82.1% +77.3% −52.3% +240.9% +50.0% −45.7%
Diluted EPS — +143.8% −6.8% −66.1% −56.8% — — — — — — — +240.0% +123.5% −65.8% +476.9% +50.7% −45.8%
Margins
EBITDA margin 9.9% 15.1% 15.4% 9.2% 7.4% 6.7% 2.2% −1.0% 3.8% −7.0% 1.6% 2.6% 8.6% 9.4% 7.7% 12.0% 13.9% 9.2%
Operating margin 5.1% 10.6% 9.9% 3.4% 1.6% 1.7% −2.5% −5.4% −0.6% −11.1% −2.4% −1.3% 4.5% 5.3% 3.5% 8.0% 10.0% 5.0%
Net margin 3.2% 6.6% 6.0% 2.2% 1.0% 0.5% −2.5% −13.7% −2.5% −10.3% −2.4% 2.7% 4.4% 6.2% 2.0% 5.7% 7.5% 3.9%
Free-cash-flow margin 5.7% 6.9% 6.4% 1.8% 4.6% 4.0% −5.7% −0.0% −2.2% −10.7% 4.6% 0.6% −1.8% −8.0% −1.2% 8.4% 6.6% −2.6%
Cash flow
Cash from operations 49 67 58 19 27 27 8 7 1 −13 22 11 55 46 49 86 97 75
Capital spending 29 37 29 11 9 12 29 7 8 21 6 9 61 79 57 24 42 97
Free cash flow 21 30 29 8 17 15 −21 −0 −7 −34 15 2 −6 −33 −8 62 55 −23
Stock-based pay 5 6 6 6 6 6 4 5 3 2 1 2 2 4 4 9 9 12
Free cash flow after stock pay 16 24 23 1 11 9 −25 −5 −10 −36 14 −0 −8 −38 −11 53 46 −35
Balance sheet
Cash 56 45 52 45 35 39 29 119 50 58 65 77 134 66 152 162 127 130
Total debt 0 0 0 0 0 0 0 0 0 0 0 0 31 68 163 126 87 160
Net debt (negative = net cash) −56 −45 −52 −45 −35 −39 −29 −119 −50 −58 −65 −77 −103 2 11 −36 −40 30
Diluted shares 25m 25m 25m 25m 25m 25m 24m 24m 25m 25m 25m 30m 33m 34m 34m 51m 56m 56m
Returned to shareholders
Dividends — 36 0 7 10 10 7 1 0 0 — — — — — — — —
Buybacks 17 — 0 2 5 1 7 0 0 — — — — — — — — —
Total returned 17 36 0 9 15 11 14 1 0 0 — — — — — — — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 7 checks passed · June 30, 2026
What it owns · $898m
Short-term assets $258mLonger-term assets $640m
What it owes, and who funded it · $898m
Short-term liabilities $198mLonger-term liabilities $355mShareholders' equity $344m
  • Short-term assets cover short-term liabilities $258m of assets due within a year against $198m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $258m short-term assets against $355m of longer-dated liabilities.
  • More cash than debt $130m of cash against $160m of debt.
  • Debt below 40% of shareholders' equity Debt is 46% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 15% to 46% over five years.
  • A year's operating cash flow covers at least 20% of debt $75m of operating cash flow against $160m of debt.
  • Operating profit covers interest at least five times over Operating income of $44m against $4m of interest.

From Universal Technical Institute Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+0.3%
year over year
Sales & admin spending
43.1%
of revenue
Days sales outstanding
21 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in education services
Last 12 months unless stated UTI PRDO LOPE AFYA STRA LINC Median
Revenue, last 12 months $884m $859m $1.1bn $662m $1.3bn $571m $266m
Revenue growth, last 12 months 9.1% 11.7% 7.0% 7.5% 3.5% 22.0% 7.5%
Revenue growth, 3-year average 17.3% 5.7% 7.2% — 6.1% 16.7% 10.3%
Revenue growth, latest quarter 7.2% 1.8% 6.7% — 4.9% 22.4% 5.8%
Gross margin — — — 64.5% — 59.8% 54.6%
Operating margin 5.0% 24.6% 24.5% 32.8% 14.0% 5.9% 5.0%
Operating margin, 3-year average 7.2% 23.8% 26.0% 27.1% 13.5% 4.4% 5.9%
Net margin 3.9% 20.6% 19.6% 20.4% 10.5% 4.0% 3.9%
Cash from operations / revenue 8.4% 26.2% 24.4% 41.4% 16.8% 16.5% 8.4%
Free-cash-flow margin −2.6% 25.4% 21.2% 36.9% 13.1% 4.3% 5.8%
Free-cash-flow margin, 3-year average 4.5% 24.1% 22.7% 25.7% 11.6% −5.8% 5.4%
Stock pay / revenue 1.4% 1.5% 1.2% 0.4% 1.7% 1.1% 1.4%
Change in share count 0.3% −3.8% −5.3% 0.1% −6.2% 15.0% 0.7%

Median of all 25 companies we cover in education services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

25 education services companies
Measure Company Peer median Rank
Revenue growth Growth 9.1% 7.5% 12 of 25
Change in growth rate Growth -1.9pp -0.5pp 16 of 25
Operating margin Profitability 5.0% 5.0% 13 of 25
Net margin Profitability 3.9% 3.9% 13 of 25
Free-cash-flow margin Cash generation -2.6% 5.8% 18 of 25
Stock pay as % of revenue Cash generation 1.4% 1.4% 9 of 21
Long-term debt as % of assets Balance sheet 17.5% 16.5% 10 of 14
Change in share count Balance sheet 0.3% 0.7% 12 of 24
Days sales outstanding Balance sheet 21 days 29 days 7 of 18

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to September 30, 2025
Segments
Line of business Revenue Share YoY
UTI $542M 64.8% ▲ 11.4%
Concorde $294M 35.2% ▲ 19.3%

From Universal Technical Institute Inc's 10-K filed November 26, 2025, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$2.7B
Institutions reporting
262
Shares held vs prior quarter
▲ 10.2%
Positions opened / closed
46 / 30

Top buyers and sellers, Q2 2026: 151 institutions bought and 105 sold ; the biggest buyer was Blackrock, Inc (+3.9M shares) and the biggest seller Coliseum Capital Management, LLC (−3.0M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $323M 7.6M 12.1% ▲ 108.5%
Congress Asset Management Co $128M 3.0M 4.8% ▲ 39.4%
Price T Rowe Associates Inc $110M 2.6M 4.1% ▲ 51.9%
Driehaus Capital Management LLC $107M 2.5M 4.0% ▲ 42.3%
Vanguard Capital Management LLC $94.6M 2.2M 3.5% ▲ 1.8%
State Street Corp $80.9M 1.9M 3.0% ▲ 82.4%
Thrivent Financial For Lutherans $70.7M 1.7M 2.6% ▼ 7.6%
Hood River Capital Management LLC $66.6M 1.6M 2.5% ▼ 1.8%
Praetorian Pr LLC $57.7M 1.4M 2.2% ▲ 35.0%
Wasatch Advisors LP $55.5M 1.3M 2.1% ▼ 34.5%
Dimensional Fund Advisors LP $55.1M 1.3M 2.1% ▼ 0.7%
American Century Companies Inc $53.9M 1.3M 2.0% ▼ 12.3%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Universal Technical Institute Inc's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $31.1M 12 trades by 2 insiders, last 12 months Insider sales History → $135M 14 trades by 11 insiders · 0% under pre-set plans
Net ▼ $104M net selling
Insider Date Trade Shares Price Value
Devincenzi Robert Thomas Director September 28, 2026 Buy 1,000 $19.68 $19,680
Devincenzi Robert Thomas Director September 21, 2026 Buy 1,000 $19.83 $19,830
Devincenzi Robert Thomas Director August 27, 2026 Buy 1,000 $21.80 $21,800
Devincenzi Robert Thomas Director August 25, 2026 Buy 1,000 $21.77 $21,770
Devincenzi Robert Thomas Director August 12, 2026 Buy 1,000 $25.95 $25,950
Devincenzi Robert Thomas Director August 10, 2026 Buy 8,000 $28.21 $225,680
Grant Jerome Alan Chief Executive Officer June 29, 2026 Sell 45,539 $41.15 $1.9M
Grant Jerome Alan Chief Executive Officer June 29, 2026 Sell 48,961 $41.63 $2M
Prehn Kevin Concorde Division President June 22, 2026 Sell 4,545 $40.00 $181,800
Coliseum Capital Partners, L.P. Director June 8, 2026 Sell 3,000,000 $41.40 $124M
Kline Christine Senior Vice President and CAO June 5, 2026 Sell 3,500 $44.42 $155,470
Srere Linda J Director May 11, 2026 Sell 15,000 $36.59 $548,850

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 18, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 6, 2026
  • February 4, 2026
  • November 19, 2025
  • August 6, 2025
  • May 7, 2025

Recent SEC filings

Data status

When each part of this page on Universal Technical Institute Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Universal Technical Institute Inc in brief

What does Universal Technical Institute Inc do?
Universal Technical Institute Inc is a US-listed company in the education services industry. Its financial year ends in September.
What is Universal Technical Institute Inc's stock ticker?
Universal Technical Institute Inc trades under the ticker UTI on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Universal Technical Institute Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Universal Technical Institute Inc reported revenue of $884M, 9.1% higher than a year earlier, according to its SEC filings.
What is Universal Technical Institute Inc's free cash flow?
Universal Technical Institute Inc's free-cash-flow margin is -2.6% of revenue over the trailing twelve months, ranking 18 of the 25 education services companies we cover.
What is Universal Technical Institute Inc's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Universal Technical Institute Inc's free cash flow after stock-based pay gives ~$18 per share in the base case, and ~$13–$23 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Universal Technical Institute Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Congress Asset Management Co and Price T Rowe Associates Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Universal Technical Institute Inc's market cap?
On November 2, 2026, Universal Technical Institute Inc's market capitalisation was about $1.2B, with a price-to-earnings ratio of 35.6 and net debt of $30.2M. Market figures come from third-party market data and may be delayed.
How much debt does Universal Technical Institute Inc have?
Universal Technical Institute Inc's debt-to-equity ratio is 46.5%, from its latest balance sheet (14.6% five years earlier). The financial health section below sets out its other solvency checks.
Who are Universal Technical Institute Inc's competitors?
In our Education Services peer group, the companies closest to Universal Technical Institute Inc are Perdoceo Education Corp, Grand Canyon Education, Inc., Afya Ltd, Strategic Education, Inc. and Lincoln Educational Services Corp. The side-by-side comparison below sets their revenue, margins and growth against Universal Technical Institute Inc's.
Are insiders buying or selling Universal Technical Institute Inc stock?
Over the last 12 months, Universal Technical Institute Inc's directors and officers reported 12 open-market purchases and 14 sales on Form 4. The insider trading page charts every trade.
When is Universal Technical Institute Inc's next earnings date?
Around November 18, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Universal Technical Institute Inc announces its own schedule.