| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | 2 | — | — | — | — | — | — | — | 4 | — |
| Sell | — | — | — | — | 2 | 4 | — | 1 | 4 | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2017 | ‡‡‡ |
|
| 2016 | 0.02 |
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 156.92 | 167.47 | 175.91 | 175.99 |
| Receivables | 25.16 | 31.10 | 46.08 | 49.82 |
| Inventory | — | — | — | — |
| Other | 7.50 | 5.24 | 5.52 | 8.10 |
| 204.99 | 221.95 | 246.63 | 258.08 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 69.94 | 83.87 | 104.64 | 105.76 |
| ST’ Debt | 2.52 | 2.70 | 2.87 | 2.99 |
| Other | 4.02 | 3.65 | 13.67 | 4.00 |
| 184.70 | 204.96 | 229.67 | 198.29 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Dec | Mar | Jun | Sep | Year | |
|---|---|---|---|---|---|
| ’26 | 220.84 | 221.40 | 218.91 | — |
—
|
| ’25 | 201.43 | 207.45 | 204.30 | 222.44 |
835.62
|
| ’24 | 174.70 | 184.18 | 177.46 | 196.36 |
732.69
|
| ’23 | 120.00 | 163.82 | 153.29 | 170.30 |
607.41
|
| ’22 | 105.08 | 102.09 | 100.97 | 110.64 |
418.77
|
| ’21 | 76.13 | 77.71 | 83.77 | 97.48 |
335.08
|
| ’20 | 87.23 | 82.72 | 54.48 | 76.33 |
300.76
|
| Dec | Mar | Jun | Sep | Year | |
|---|---|---|---|---|---|
| ’26 | 3.08 | 3.99 | 10.33 | — |
—
|
| ’25 | 22.96 | (0.79) | 18.05 | 57.10 |
97.33
|
| ’24 | 10.84 | (2.49) | 10.02 | 67.53 |
85.90
|
| ’23 | 2.81 | (7.13) | (0.42) | 53.88 |
49.15
|
| ’22 | 2.46 | 7.94 | (2.49) | 38.13 |
46.03
|
| ’21 | 7.78 | 9.74 | (2.74) | 40.40 |
55.19
|
| ’20 | 7.12 | 3.77 | (21.01) | 21.15 |
11.03
|
| Dec | Mar | Jun | Sep | Year | |
|---|---|---|---|---|---|
| ’26 | (19.60) | (28.50) | (21.15) | — |
—
|
| ’25 | 19.62 | (11.74) | 6.85 | 40.63 |
55.35
|
| ’24 | 6.99 | (8.40) | 3.01 | 60.01 |
61.60
|
| ’23 | (3.97) | (38.99) | (10.62) | 46.04 |
(7.54)
|
| ’22 | (8.34) | (34.41) | (18.95) | 28.28 |
(33.42)
|
| ’21 | (39.50) | 7.12 | (7.07) | 33.34 |
(6.12)
|
| ’20 | 5.34 | 0.43 | (23.02) | 19.09 |
1.83
|
| Dec | Mar | Jun | Sep | Year | |
|---|---|---|---|---|---|
| ’26 | 0.23 | 0.01 | 0.04 | — |
—
|
| ’25 | 0.40 | 0.21 | 0.19 | 0.34 |
1.13
|
| ’24 | 0.17 | 0.14 | 0.09 | 0.34 |
0.75
|
| ’23 | 0.02 | 0.04 | (0.05) | 0.10 |
0.13
|
| ’22 | 0.25 | 0.11 | (0.01) | 0.03 |
0.38
|
| ’21 | (0.01) | (0.09) | 0.03 | 0.20 |
0.17
|
| ’20 | 0.07 | 0.18 | (0.45) | 0.09 |
0.05
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 5.27 | 5.63 | 12.14 | 21.29 | — | — | — |
Low Price
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 11.45 | 13.28 | 26.71 | 36.32 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,950 | 3,000 | 3,700 | 4,100 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.21 | 0.20 | 0.20 | 0.20 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 418.77 | 607.41 | 732.69 | 835.62 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 50.51% | 45.69% | 47.52% | 49.68% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 20.44 | 18.09 | 56.23 | 84.27 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.88% | 2.98% | 7.67% | 10.09% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 25.85 | 12.32 | 42.00 | 63.02 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 32.78 | 45.82 | 51.19 | 56.79 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 12.61 | 17.87 | 14.82 | 15.39 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 0.39 | 0.13 | 0.77 | 1.16 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.39 | 1.45 | 1.74 | 1.79 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (2.39) | (1.67) | (0.49) | (0.77) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.01) | (0.22) | 1.25 | 1.02 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.48 | 6.65 | 5.26 | 6.04 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 33.22 | 33.99 | 49.43 | 54.30 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡ | 14.32 | 69.83 | 21.39 | 28.06 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.43 | 0.47 | 1.10 | 2.12 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.21 | 1.79 | 3.09 | 5.39 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.36 | 0.48 | 1.04 | 2.01 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (4.47) | (38.48) | 12.37 | 30.33 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 46.03 | 49.15 | 85.90 | 97.33 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (79.45) | (56.68) | (24.30) | (41.98) | ‡‡‡‡‡ | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (33.42) | (7.54) | 61.60 | 55.35 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.77) | 20.29 | 16.99 | 16.96 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 67.54 | 162.12 | 125.70 | 87.10 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (31.38) | 5.19 | (41.77) | (88.81) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 215.40 | 225.97 | 260.23 | 328.11 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.41% | 0.70% | 5.12% | 8.02% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.60% | 5.79% | 16.85% | 21.80% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | 9.56% | 2.94% | 18.13% | 21.42% | — | — | — |
ROE
|
Universal Technical Institute (UTI) is at a pivotal inflection point in the vocational education sector, capitalizing on surging demand for skilled trades amid labor shortages, EV transitions, and manufacturing reshoring. Revenue has surged 111% from $347 million in 2016 to $733 million in 2024, with projections hitting $1.07 billion by 2028 at a ~10% CAGR, driven by enrollment growth, campus expansions, and the 2021 AMI acquisition. Employee headcount is set to double to 4,100 by 2025 while maintaining ~$200,000 revenue per employee, alongside gross margins expanding to 49.7%, underscoring efficient scaling and resilience through COVID and past bankruptcy.
Profitability has exploded from 2016 losses to $42 million net income in 2024 and $63 million projected for 2025, with EPS reaching $1.16 and ROE at 21.4%. Free cash flow turns positive at $55 million, supported by capex discipline, debt reduction to net cash, and ROIC of 21.8%. Valuations remain attractive—PE at 28x for 2025, with analyst targets implying 19-32% upside—reflecting market anticipation of margin leverage and FCF yields.
Insider buys totaling $31 million in late 2025 signal conviction amid profit-taking, aligning with catalysts like EV partnerships with Ford/GM, infrastructure spending, and trade-school demographics. UTI’s blend of hands-on training with emerging tech positions it for outsized growth in skilled-labor megatrends—read the full analysis for detailed correlations and upside scenarios.
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