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Universal Technical Institute (UTI)


Market Price (5/22/2026): $38.17 | Market Cap: $2.1 Bil
Sector: Consumer Discretionary | Industry: Education Services

Universal Technical Institute (UTI)


Market Price (5/22/2026): $38.17
Market Cap: $2.1 Bil
Sector: Consumer Discretionary
Industry: Education Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 11%

Megatrend and thematic drivers
Megatrends include Electric Vehicles & Autonomous Driving. Themes include EV Manufacturing, EV Charging Infrastructure, and Autonomous Driving Technology.

Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 33x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 24x, P/EPrice/Earnings or Price/(Net Income) is 47x

Key risks
UTI key risks include [1] potential liabilities from borrower defense regulations and compliance hurdles for new acquisitions, Show more.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 11%
1 Megatrend and thematic drivers
Megatrends include Electric Vehicles & Autonomous Driving. Themes include EV Manufacturing, EV Charging Infrastructure, and Autonomous Driving Technology.
2 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 33x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 24x, P/EPrice/Earnings or Price/(Net Income) is 47x
3 Key risks
UTI key risks include [1] potential liabilities from borrower defense regulations and compliance hurdles for new acquisitions, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Universal Technical Institute (UTI) stock has gained about 30% since 1/31/2026 because of the following key factors:

1. Strategic Expansion and Diversification through the "North Star Strategy".

Universal Technical Institute (UTI) has aggressively pursued its "North Star" strategy, focusing on growth, diversification, and optimization by expanding into high-demand skilled trades and healthcare education. This includes launching new campuses and programs. For instance, the UTI-San Antonio campus, which opened in March 2026, exceeded its initial student start plan by approximately 60%, with early enrollments for the Atlanta campus also pacing well ahead of its planned July 2026 opening. UTI plans to open multiple campuses annually between 2026 and 2029 and launch over 20 new programs in fiscal year 2026 across its UTI and Concorde divisions. This strategic initiative addresses the projected shortage of over 650,000 technicians by 2026, driving strong employer partnerships and demand for its programs.

2. Robust Student Enrollment Growth and Reaffirmed Strong Fiscal Year 2026 Outlook.

The company demonstrated strong operational performance, with significant increases in student metrics. For the first quarter of fiscal 2026 (ended December 31, 2025), revenue increased 9.6% year-over-year to $220.8 million, and average full-time active students grew by 7.2%. In the second quarter of fiscal 2026 (ended March 31, 2026), revenue increased 6.7% year-over-year to $221.4 million, with average full-time active students growing 7.2% to 26,385 and new student starts increasing 13.8% to 7,569. Despite a slight miss on diluted EPS compared to higher estimates for Q2 2026, management reaffirmed its full-year fiscal 2026 outlook, projecting consolidated revenue between $905 million and $915 million (approximately 9% year-over-year growth) and diluted EPS of $0.71 to $0.80, indicating confidence in continued financial performance and growth.

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Stock Movement Drivers

Fundamental Drivers

The 31.5% change in UTI stock from 1/31/2026 to 5/21/2026 was primarily driven by a 96.4% change in the company's P/E Multiple.
(LTM values as of)13120265212026Change
Stock Price ($)27.8336.6031.5%
Change Contribution By: 
Total Revenues ($ Mil)8368694.0%
Net Income Margin (%)7.5%4.9%-34.9%
P/E Multiple24.047.296.4%
Shares Outstanding (Mil)5455-1.1%
Cumulative Contribution31.5%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/21/2026
ReturnCorrelation
UTI31.5% 
Market (SPY)7.6%23.8%
Sector (XLY)-1.8%20.3%

Fundamental Drivers

The 23.1% change in UTI stock from 10/31/2025 to 5/21/2026 was primarily driven by a 84.2% change in the company's P/E Multiple.
(LTM values as of)103120255212026Change
Stock Price ($)29.7236.6023.1%
Change Contribution By: 
Total Revenues ($ Mil)8108697.3%
Net Income Margin (%)7.8%4.9%-37.0%
P/E Multiple25.647.284.2%
Shares Outstanding (Mil)5455-1.1%
Cumulative Contribution23.1%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/21/2026
ReturnCorrelation
UTI23.1% 
Market (SPY)9.5%28.5%
Sector (XLY)-0.7%26.9%

Fundamental Drivers

The 30.4% change in UTI stock from 4/30/2025 to 5/21/2026 was primarily driven by a 67.5% change in the company's P/E Multiple.
(LTM values as of)43020255212026Change
Stock Price ($)28.0636.6030.4%
Change Contribution By: 
Total Revenues ($ Mil)75986914.4%
Net Income Margin (%)7.1%4.9%-30.6%
P/E Multiple28.247.267.5%
Shares Outstanding (Mil)5455-1.9%
Cumulative Contribution30.4%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/21/2026
ReturnCorrelation
UTI30.4% 
Market (SPY)35.5%22.0%
Sector (XLY)21.3%20.2%

Fundamental Drivers

The 418.4% change in UTI stock from 4/30/2023 to 5/21/2026 was primarily driven by a 170.4% change in the company's P/E Multiple.
(LTM values as of)43020235212026Change
Stock Price ($)7.0636.60418.4%
Change Contribution By: 
Total Revenues ($ Mil)434869100.4%
Net Income Margin (%)3.2%4.9%55.8%
P/E Multiple17.547.2170.4%
Shares Outstanding (Mil)3455-38.6%
Cumulative Contribution418.4%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/21/2026
ReturnCorrelation
UTI418.4% 
Market (SPY)85.6%29.3%
Sector (XLY)64.5%27.8%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
UTI Return21%-14%86%105%2%42%474%
Peers Return-13%3%25%53%26%30%180%
S&P 500 Return27%-19%24%23%16%9%98%

Monthly Win Rates [3]
UTI Win Rate50%50%75%58%50%60% 
Peers Win Rate45%47%58%52%58%68% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
UTI Max Drawdown-20%-51%-26%-22%-39%-15% 
Peers Max Drawdown-37%-34%-34%-25%-27%-13% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: LINC, STRA, PRDO, LOPE, APEI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/21/2026 (YTD)

How Low Can It Go

EventUTIS&P 500
2025 US Tariff Shock
  % Loss-13.3%-18.8%
  % Gain to Breakeven15.4%23.1%
  Time to Breakeven28 days79 days
2023 SVB Regional Banking Crisis
  % Loss-24.2%-6.7%
  % Gain to Breakeven31.9%7.1%
  Time to Breakeven88 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-31.5%-24.5%
  % Gain to Breakeven46.0%32.4%
  Time to Breakeven315 days427 days
2020 COVID-19 Crash
  % Loss-58.2%-33.7%
  % Gain to Breakeven139.1%50.9%
  Time to Breakeven614 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-10.4%-19.2%
  % Gain to Breakeven11.7%23.8%
  Time to Breakeven3 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-40.1%-12.2%
  % Gain to Breakeven67.0%13.9%
  Time to Breakeven68 days62 days

Compare to LINC, STRA, PRDO, LOPE, APEI

In The Past

Universal Technical Institute's stock fell -13.3% during the 2025 US Tariff Shock. Such a loss loss requires a 15.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventUTIS&P 500
2023 SVB Regional Banking Crisis
  % Loss-24.2%-6.7%
  % Gain to Breakeven31.9%7.1%
  Time to Breakeven88 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-31.5%-24.5%
  % Gain to Breakeven46.0%32.4%
  Time to Breakeven315 days427 days
2020 COVID-19 Crash
  % Loss-58.2%-33.7%
  % Gain to Breakeven139.1%50.9%
  Time to Breakeven614 days140 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-40.1%-12.2%
  % Gain to Breakeven67.0%13.9%
  Time to Breakeven68 days62 days
2014-2016 Oil Price Collapse
  % Loss-72.8%-6.8%
  % Gain to Breakeven267.5%7.3%
  Time to Breakeven2303 days15 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-32.3%-17.9%
  % Gain to Breakeven47.8%21.8%
  Time to Breakeven4669 days123 days
2008-2009 Global Financial Crisis
  % Loss-48.7%-53.4%
  % Gain to Breakeven94.8%114.4%
  Time to Breakeven152 days1085 days
Summer 2007 Credit Crunch
  % Loss-30.6%-8.6%
  % Gain to Breakeven44.2%9.5%
  Time to Breakeven914 days47 days

Compare to LINC, STRA, PRDO, LOPE, APEI

In The Past

Universal Technical Institute's stock fell -13.3% during the 2025 US Tariff Shock. Such a loss loss requires a 15.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Universal Technical Institute (UTI)

Universal Technical Institute, Inc. provides transportation and technical training programs in the United States. The company provides postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle, and marine technicians. It also offers certificate, diploma, or degree programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute and Marine Mechanics Institute, and NASCAR Technical Institute. In addition, the company provides manufacturer specific advanced training programs, including student paid electives at its campuses; and manufacturer or dealer sponsored training at various campuses and dedicated training centers, as well as offers programs for welding and computer numeric control machining. As of September 30, 2021, it operated 12 campuses. Universal Technical Institute, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.

AI Analysis | Feedback

Here are 1-3 brief analogies for Universal Technical Institute (UTI):

  • The Culinary Institute of America for automotive and technical trades.
  • General Assembly for mechanics and skilled trades.

AI Analysis | Feedback

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  • Core Technical Training Programs: These programs provide postsecondary education for students pursuing careers as professional automotive, diesel, collision repair, motorcycle, and marine technicians, offering certificates, diplomas, or degrees.
  • Advanced Manufacturer Training: Specialized training programs, including student-paid electives and manufacturer/dealer sponsored courses, focusing on advanced, brand-specific technologies.
  • Welding and CNC Machining Programs: Vocational training programs designed to prepare students for careers in welding and computer numeric control (CNC) machining.
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AI Analysis | Feedback

Universal Technical Institute (UTI) primarily serves individual customers seeking vocational education and training. Its major customers can be categorized as:

  • Aspiring Technicians: Individuals pursuing postsecondary education to become professional technicians in fields such as automotive, diesel, collision repair, motorcycle, and marine technology.
  • Vocational Skill Seekers: Individuals interested in acquiring specialized technical skills, including welding and computer numeric control (CNC) machining.
  • Manufacturer-Specific Training Participants: Students seeking advanced training programs specific to particular manufacturers, often offered as electives, to gain specialized brand-specific expertise.

AI Analysis | Feedback

Universal Technical Institute (UTI) relies on partnerships with various manufacturers for equipment, curriculum, and technology relevant to its training programs. These manufacturers act as key suppliers of the core content and physical assets for its educational offerings.

  • Ford Motor Company (F)
  • General Motors Company (GM)
  • Toyota Motor Corporation (TM)
  • Honda Motor Co., Ltd. (HMC)
  • Caterpillar Inc. (CAT)
  • Harley-Davidson, Inc. (HOG)
  • Snap-on Incorporated (SNA)

AI Analysis | Feedback

Jerome A. Grant, Chief Executive Officer

Jerome A. Grant was appointed Chief Executive Officer and joined the Board of Directors of Universal Technical Institute in November 2019. He initially joined UTI in November 2017 as Executive Vice President and Chief Operating Officer. Prior to his time at UTI, Mr. Grant served as Senior Vice President, Chief Services Officer with McGraw-Hill Corporation from June 2015 to April 2017. He also held various executive leadership positions over more than 14 years at Pearson Education, Inc., including President of Business and Technology, Chief Learning Officer, Vice President – Digital Products, and Vice President – Technology Strategy. At Pearson, he notably grew the Business and Technology skills division revenues to over $425 million.

Bruce Schuman, Executive Vice President, Chief Financial Officer

Bruce Schuman was appointed Chief Financial Officer of Universal Technical Institute, Inc. effective March 17, 2025. Before joining UTI, Mr. Schuman served as CFO for Vacasa (NASDAQ: VCSA), where he played a key role in the company achieving its first year of profitability in 2023. He was also the CFO of Kiavi (formerly LendingHome), a significant lender to real estate investors, where he led the company through rapid growth and IPO readiness initiatives. Mr. Schuman’s career includes over 27 years at Intel Corporation, holding various finance leadership roles, including CFO of the Enterprise Data Center business and Intel Capital.

Tracy Lorenz, Division President, Universal Technical Institute

Tracy Lorenz brings over 25 years of experience in higher education to her role as Division President of Universal Technical Institute, overseeing the transportation, skilled trades, and energy divisions. Her previous leadership positions include serving as President and Chief Executive Officer of Triumph Higher Education and holding multiple roles at Apollo Education Group, such as President of Western International University.

Christopher E. Kevane, Senior Vice President, Chief Legal Officer and Secretary

Christopher E. Kevane joined Universal Technical Institute, Inc. in 2020, bringing more than 20 years of legal and executive experience. He has represented both publicly traded and private equity-backed organizations. Prior to UTI, he was Chief Legal Officer for Centauri Health Solutions, which was recognized as one of Inc. Magazine's fastest-growing private healthcare IT services companies. Earlier in his career, he was the senior legal officer for Rural/Metro Corporation and practiced law with the international firm Squire Patton Boggs, specializing in capital markets initiatives.

Adrienne DeTray, Chief Information Officer

Adrienne DeTray serves as the Chief Information Officer at Universal Technical Institute, bringing over 20 years of executive leadership experience in digital and AI transformation. Her expertise spans both the education and healthcare sectors, where she focuses on strengthening digital posture and reimagining IT as a transformation engine.

AI Analysis | Feedback

Here are the key risks to Universal Technical Institute (UTI):

  1. Technological Disruption in Transportation Industries: The rapid evolution of vehicle technology, including the increasing prevalence of electric vehicles (EVs), hybrid systems, and advanced driver-assistance systems (ADAS), poses a significant risk. If Universal Technical Institute's curriculum and training programs do not adequately and timely adapt to these new technologies, the skills taught could be perceived as outdated or less relevant. This could lead to reduced student enrollment, lower graduate employability, and a diminished value proposition for its programs.
  2. Fluctuations in Demand for Skilled Trades and Competition: Universal Technical Institute's business is highly dependent on the ongoing demand for skilled technicians in the automotive, diesel, collision repair, motorcycle, and marine industries. A decline in job opportunities within these sectors or a shift in perception regarding the value of vocational training compared to traditional higher education could adversely affect enrollment. Furthermore, intense competition from other postsecondary education providers, including community colleges and manufacturer-sponsored training programs, could impact its ability to attract and retain students.
  3. Regulatory and Accreditation Risks: As a postsecondary educational institution, Universal Technical Institute is subject to a complex and evolving landscape of federal and state regulations, as well as accreditation standards. Adverse changes to these regulations, such as those governing federal student financial aid programs, or the inability to maintain necessary accreditations, could significantly impact its operations, financial performance, and ability to attract students.

AI Analysis | Feedback

The rapid technological transformation of the automotive industry, particularly the accelerating shift towards electric vehicles (EVs), hybrid vehicles, and advanced driver-assistance systems (ADAS), poses a clear emerging threat. This paradigm shift demands a fundamentally different skill set for technicians, emphasizing electrical systems, battery technology, high-voltage safety, software diagnostics, and data analysis, rather than traditional internal combustion engine mechanics. If Universal Technical Institute (UTI) does not adapt its curriculum, equipment, and instructor expertise quickly and comprehensively enough to meet the demand for these new skills, its traditional automotive programs could become less relevant, potentially leading to declining enrollment and loss of market share to institutions or manufacturer-sponsored programs that specialize in next-generation vehicle technologies.

AI Analysis | Feedback

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Universal Technical Institute (UTI) provides training programs for various transportation and technical careers. The addressable markets for their main products or services in the U.S. are as follows:

  • Automotive Technicians: The projected demand for automotive service technicians in the U.S. is expected to rise by over 470,000 between 2024 and 2028. The U.S. Bureau of Labor Statistics (BLS) projects an average of 70,000 automotive technician job openings per year between 2024 and 2034. In 2023, there were 794,600 automotive technicians employed in the U.S. The broader global automotive repair and maintenance services market was valued at USD 779.3 billion in 2024 and is estimated to reach USD 1.35 trillion by 2034, growing at a CAGR of 5.7% from 2025 to 2034.
  • Diesel Technicians: Total diesel technician employment in the United States is expected to exceed 305,000 by 2031. Approximately 26,500 openings for diesel service technicians and mechanics are projected each year, on average, over the decade from 2024 to 2034 in the U.S. As of 2024, there were approximately 319,900 diesel service technicians and mechanics in the U.S.
  • Collision Repair: The U.S. automotive collision repair market size was valued at USD 36.66 billion in 2023 and is projected to grow at a CAGR of 0.8% from 2024 to 2030. This market is estimated at USD 39.6 billion in 2025 and is projected to reach approximately USD 55.3 billion by 2033, growing at a CAGR of 4.3% in the U.S.
  • Motorcycle Technicians: The U.S. motorcycles and scooters market size was estimated at USD 8.9 billion in 2024 and is poised to reach USD 13.6 billion by 2034, with a CAGR of 4.6% from 2025 to 2034. There were 14,330 motorcycle mechanic jobs across the U.S. as of 2023 BLS data.
  • Marine Technicians: The global Yacht Training Service market, which focuses on professional yachting qualifications, is projected to reach USD 10.34 billion by 2025. The marine construction market in the United States, which employs marine technicians, is expected to reach a projected revenue of US$ 15.24 billion by 2030, growing at a CAGR of 4.8% from 2025 to 2030.
  • Welding: Approximately 330,000 new welding professionals will be needed by 2028 in the U.S. The welding market in the U.S. is projected to grow significantly, reaching an estimated value of USD 8.95 billion by 2032. The U.S. welding products market generated a revenue of USD 2,319.8 million in 2024 and is expected to reach USD 2,831.1 million by 2030.
  • Computer Numeric Control (CNC) Machining: The U.S. CNC Machine Market size is projected to be valued at USD 10.2 billion in 2025 and is expected to hold USD 23.8 billion in 2034, growing at a CAGR of 9.9%. The CNC machining centers and turning centers market in the United States is expected to reach a projected revenue of US$ 4.03 billion by 2030.
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AI Analysis | Feedback

Universal Technical Institute (UTI) is expected to drive future revenue growth over the next 2-3 years through several key strategic initiatives:

  1. Expansion of Campus Network: UTI plans to significantly expand its physical footprint by opening new campuses and enhancing existing facilities. The company aims to open at least two new campuses annually between fiscal years 2026 and 2029, with specific plans for new campuses in Atlanta, San Antonio, and an expanded Dallas location in 2026, and a Utah campus in 2027. This geographical expansion is a core component of its "North Star Strategy" to increase reach and capacity.
  2. Introduction of New Programs and Diversification of Offerings: UTI is focused on launching new programs in high-demand sectors such as aviation, HVACR, electrical, robotics, and welding, and expanding its presence in healthcare fields through its Concorde Career Colleges division. The company aims to launch at least six new programs annually at existing campuses, with nine planned for fiscal year 2025 and over 20 new programs for 2026. This diversification is designed to meet critical workforce needs and attract a broader student base.
  3. Growth in Student Enrollment: A primary driver of revenue is the anticipated increase in student enrollment. UTI targets approximately 3% annual organic growth through increased student starts. Projections for new student starts are between 29,000 and 30,000 for fiscal 2025, representing a 10% increase, and between 31,500 and 33,000 for fiscal 2026, reflecting near double-digit growth expectations from expanded capacity and improved marketing.
  4. Strategic Tuition Price Adjustments: The company expects to achieve an additional 2-3% annual revenue growth through strategic adjustments to its tuition pricing.
  5. Impact of Acquisitions: Recent acquisitions, notably MIAT and Concorde Career Colleges, have broadened UTI's educational portfolio into skilled trades and healthcare, contributing to overall revenue expansion and program diversification. While ongoing acquisitions are a part of the "North Star Strategy," the integration and scaling of these recent additions are expected to continue driving revenue growth.

AI Analysis | Feedback

Share Repurchases

  • Universal Technical Institute (UTI) authorized a share repurchase plan on December 10, 2020, for up to $35.0 million of its common stock.
  • As of August 7, 2025, no shares had been repurchased under the $35.0 million authorization.

Share Issuance

  • In December 2023, Universal Technical Institute fully converted its outstanding Series A preferred stock into common stock.
  • On March 5, 2026, Director George W. Brochick received a grant of 3,565 common shares as non-employee director compensation under the 2021 Equity Incentive Plan.

Outbound Investments

  • Universal Technical Institute completed the acquisition of MIAT College of Technology for $26 million in cash on November 1, 2021.
  • The company acquired Concorde Career Colleges, Inc. for $50 million in cash, with the agreement made in May 2022 and the acquisition completed on December 1, 2022.

Capital Expenditures

  • Universal Technical Institute incurred $61.6 million in capital expenditures for fiscal year 2021, which included $45.2 million for the purchase of the Avondale, AZ campus and $1.5 million for new campuses in Austin, TX and Miramar, FL.
  • In fiscal year 2023, capital expenditures were $56.7 million, including $26.2 million for the purchase of three primary buildings and associated land at the Orlando, FL campus. The primary focus for the remaining capex included completing the Austin and Miramar campus build-outs and program expansions.
  • For fiscal year 2026, the company expects approximately $100 million in capital expenditures, with $24 million incurred year-to-date as of December 31, 2025, primarily focused on new campus launches and program expansions, including planned new campuses in Atlanta, San Antonio, and an expanded Dallas location.

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

UTILINCSTRAPRDOLOPEAPEIMedian
NameUniversa.Lincoln .Strategi.Perdoceo.Grand Ca.American. 
Mkt Price36.6046.8478.8133.78156.8051.5949.22
Mkt Cap2.01.51.72.14.20.91.9
Rev LTM8695451,2718551,126659862
Op Inc LTM553219823531162130
FCF LTM1-917422126074124
FCF 3Y Avg35-261381812385295
CFO LTM827221823029488153
CFO 3Y Avg814017918827769130

Growth & Margins

UTILINCSTRAPRDOLOPEAPEIMedian
NameUniversa.Lincoln .Strategi.Perdoceo.Grand Ca.American. 
Rev Chg LTM11.0%19.9%3.0%17.7%7.4%3.8%9.2%
Rev Chg 3Y Avg21.2%15.6%6.2%6.8%7.1%3.1%7.0%
Rev Chg Q6.7%22.5%0.8%4.1%6.7%6.2%6.5%
QoQ Delta Rev Chg LTM1.6%5.1%0.2%1.0%1.8%1.6%1.6%
Op Inc Chg LTM-29.1%80.4%21.1%8.2%10.7%38.1%15.9%
Op Inc Chg 3Y Avg71.6%53.7%54.5%11.1%9.8%1,751.3%54.1%
Op Mgn LTM6.3%5.9%15.6%27.5%27.6%9.4%12.5%
Op Mgn 3Y Avg7.2%3.9%13.7%28.8%26.9%7.2%10.5%
QoQ Delta Op Mgn LTM-2.0%0.3%0.1%0.8%0.2%1.1%0.3%
CFO/Rev LTM9.5%13.3%17.2%26.8%26.1%13.4%15.3%
CFO/Rev 3Y Avg10.4%8.0%14.6%24.8%26.4%10.8%12.7%
FCF/Rev LTM0.1%-1.7%13.7%25.8%23.1%11.2%12.4%
FCF/Rev 3Y Avg4.7%-5.8%11.2%23.9%22.6%8.2%9.7%

Valuation

UTILINCSTRAPRDOLOPEAPEIMedian
NameUniversa.Lincoln .Strategi.Perdoceo.Grand Ca.American. 
Mkt Cap2.01.51.72.14.20.91.9
P/S2.32.71.32.53.71.42.4
P/Op Inc36.545.38.69.013.515.314.4
P/EBIT33.145.08.69.013.416.915.1
P/E47.265.113.112.419.123.321.2
P/CFO24.520.27.89.214.310.712.5
Total Yield2.1%1.5%10.9%9.9%5.2%4.3%4.8%
Dividend Yield0.0%0.0%3.3%1.8%0.0%0.0%0.0%
FCF Yield 3Y Avg3.0%-5.9%6.9%11.1%5.3%11.2%6.1%
D/E0.20.10.10.10.00.20.1
Net D/E0.10.1-0.0-0.3-0.0-0.1-0.0

Returns

UTILINCSTRAPRDOLOPEAPEIMedian
NameUniversa.Lincoln .Strategi.Perdoceo.Grand Ca.American. 
1M Rtn-1.1%16.6%-5.7%-5.3%-9.7%-14.0%-5.5%
3M Rtn15.4%50.6%4.6%7.6%1.4%18.9%11.5%
6M Rtn56.0%136.3%4.0%17.0%-0.7%46.7%31.8%
12M Rtn3.6%118.5%-8.2%11.2%-19.2%83.6%7.4%
3Y Rtn458.8%596.0%8.0%191.1%42.4%729.4%325.0%
1M Excs Rtn-7.6%10.6%-10.1%-10.8%-13.8%-18.7%-10.4%
3M Excs Rtn12.0%48.4%-3.5%-4.4%-8.1%9.9%3.2%
6M Excs Rtn13.9%113.0%-9.7%2.6%-16.9%41.8%8.2%
12M Excs Rtn-21.9%93.6%-35.4%-15.5%-45.8%53.9%-18.7%
3Y Excs Rtn417.9%562.3%-73.9%119.2%-37.5%767.2%268.5%

Comparison Analyses

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Financials

Segment Financials

Assets by Segment
$ Mil20252024202320222021
Universal Technical Institute (UTI)441443437  
Corporate179167116  
Concorde125131   
Other   87
Postsecondary Education   505435
Total745741553513442


Price Behavior

Price Behavior
Market Price$36.60 
Market Cap ($ Bil)2.0 
First Trading Date12/18/2003 
Distance from 52W High-11.8% 
   50 Days200 Days
DMA Price$36.97$30.77
DMA Trendupup
Distance from DMA-1.0%19.0%
 3M1YR
Volatility52.1%53.2%
Downside Capture120.33138.89
Upside Capture135.67101.45
Correlation (SPY)21.4%23.1%
UTI Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta-0.290.530.661.040.850.89
Up Beta-1.19-1.27-1.36-0.380.290.60
Down Beta7.011.721.782.141.261.06
Up Capture31%89%183%139%97%193%
Bmk +ve Days15223166141428
Stock +ve Days10223769138403
Down Capture502%118%66%114%100%93%
Bmk -ve Days4183056108321
Stock -ve Days12212756112334

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with UTI
UTI2.6%53.2%0.25-
Sector ETF (XLY)10.8%18.3%0.4221.2%
Equity (SPY)26.8%12.1%1.6723.2%
Gold (GLD)37.5%26.8%1.164.8%
Commodities (DBC)43.5%18.6%1.80-2.3%
Real Estate (VNQ)12.0%13.4%0.5912.4%
Bitcoin (BTCUSD)-27.2%41.8%-0.6512.8%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with UTI
UTI42.5%47.5%0.91-
Sector ETF (XLY)7.7%23.7%0.2830.2%
Equity (SPY)13.8%17.0%0.6430.3%
Gold (GLD)19.3%18.0%0.871.5%
Commodities (DBC)10.8%19.4%0.446.3%
Real Estate (VNQ)3.8%18.8%0.1022.9%
Bitcoin (BTCUSD)9.3%55.6%0.3712.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with UTI
UTI27.2%53.5%0.67-
Sector ETF (XLY)12.8%22.0%0.5328.7%
Equity (SPY)15.5%17.9%0.7429.5%
Gold (GLD)13.2%16.0%0.681.6%
Commodities (DBC)7.8%17.9%0.3512.3%
Real Estate (VNQ)5.4%20.7%0.2224.8%
Bitcoin (BTCUSD)67.3%66.9%1.069.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4302026
Short Interest: Shares Quantity2.8 Mil
Short Interest: % Change Since 4152026-3.5%
Average Daily Volume0.4 Mil
Days-to-Cover Short Interest6.6 days
Basic Shares Quantity55.0 Mil
Short % of Basic Shares5.1%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/6/2026-4.0%7.5% 
2/4/2026-11.2%-2.5%25.6%
11/19/2025-20.4%-21.6%-9.1%
11/20/202418.7%30.9%27.1%
8/6/2024-3.3%-3.8%-5.5%
5/8/2024-9.0%-7.6%-13.7%
2/7/202410.2%8.9%-1.2%
11/15/202316.1%21.1%13.7%
...
SUMMARY STATS   
# Positive101111
# Negative121110
Median Positive11.3%9.7%13.7%
Median Negative-3.6%-3.8%-11.4%
Max Positive18.7%30.9%27.1%
Max Negative-20.4%-25.5%-20.5%

SEC Filings

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Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202502/05/202610-Q
09/30/202511/26/202510-K
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202402/06/202510-Q
09/30/202412/05/202410-K
06/30/202408/07/202410-Q
03/31/202405/09/202410-Q
12/31/202302/08/202410-Q
09/30/202312/01/202310-K
06/30/202308/08/202310-Q
03/31/202305/09/202310-Q
12/31/202202/09/202310-Q
09/30/202212/12/202210-K
06/30/202208/04/202210-Q

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Srere, Linda J DirectSell513202636.5915,000548,8004,667,146Form
2Kevane, Christopher EEVP and Chief Legal OfficerDirectSell331202637.5523,654888,1153,135,888Form
3Brochick, George W the Brochick Family TrustSell318202636.595,000182,9381,006,747Form
4Okinaka, Shannon Lei DirectSell309202634.7410,000347,414688,158Form
5Hitchcock, Todd AEVP/COODirectSell306202637.3316,500615,9453,885,456Form