Universal Technical Institute, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Jerome A. Grant
- Full Time Employees
- 3,700
- Sector
- Consumer Defensive
- Industry
- Education & Training Services
- Address
- 4225 East Windrose Drive Phoenix AZ United States of America 85032
- IPO Date
- Dec 18, 2003
- CIK
- 0001261654
- Website
- uti.edu
- Similar Companies
- Business
- Universal Technical Institute, Inc. (NYSE: UTI) provides postsecondary technical education programs focused on transportation, skilled trades, and healthcare careers through its UTI, MIAT College of Technology, and Concorde Career Colleges brands; core offerings include hands-on certificate and diploma programs in automotive technology, diesel technology, collision repair and refinish technology, motorcycle and powersports technician training, marine technician specialist, welding technology, computer numerical control (CNC) machining, HVACR technician, electrical and electronics technology, industrial maintenance technician, robotics and automation technician, wind turbine technician, airframe and powerplant technician, advanced non-destructive testing, and allied health programs such as dental assisting, nursing, and medical assisting; manufacturer-specific advanced training electives feature partnerships with brands including BMW, Ford, Toyota, Nissan, Mercedes-Benz, Harley-Davidson, Peterbilt, Cummins, Mercury Marine, and Suzuki. Founded in 1965 and headquartered in Phoenix, Arizona, the company operates 15 UTI campuses across Arizona, California, Florida, Illinois, Michigan, North Carolina, Pennsylvania, New Jersey, and Texas, plus additional MIAT and Concorde locations serving students, partners, and communities nationwide with approximately 3,700 employees. Recent developments include the 2022 acquisitions of MIAT College of Technology for $81.6 million, expanding into aviation, energy, welding, and HVACR fields, and Concorde Career Colleges for about $50 million plus earnout, diversifying into healthcare education; fiscal year 2025 results showed revenue growth with operating expenses up 11.6% to $752.1 million driven by enrollment increases, particularly a 14.5% rise in Concorde new student starts and average active students, alongside adjusted EBITDA of $126.5 million despite growth investments.
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