UTI on NYSE

Universal Technical Institute

Logo: UTI, Non-free logo, via Wikipedia5

American for-profit educational system

Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges in the United States. It was established in 1965 by Robert Sweet.3 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 20, 2026.

Overview

$835.6MRevenue, fiscal 20256
$63.0MNet income, fiscal 20256
1965Founded1

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  • TickerUTI on NYSE1
  • Industryeducation1
  • HeadquartersScottsdale1
  • Websitewww.uti.edu
  • Legal formDelaware corporation1
  • Incorporated inDE7
  • Business address4225 East Windrose Drive, Suite 200, Phoenix, Az 850327
  • Filer categoryLarge accelerated filer7
  • LEI2549003YOJGAZ0PVFV484
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressc/o The Corporation Trust Company, 19801 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 27952764

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Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges in the United States. It was established in 1965 by Robert Sweet.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

10.0%Operating margin6
7.5%Net margin6
14.0%Revenue growth, 20256
19.2%Return on equity6
0.26×Debt to equity6
$55.4MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

UTI brought in 65% of the revenue Universal Technical Institute broke down this way in fiscal 2025.

  1. UTI$541.8M665%up 11% from 2024
  2. Concorde$293.8M635%up 19% from 2024
Business segments by year
Business segments202320242025
UTI$429.3M$486.4M$541.8M
Concorde$178.1M$246.3M$293.8M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Selling, general and admin40¢$331.7M
  • Other costs50¢$419.7M
  • Income tax3¢$21.3M
  • Profit8¢$63.0M

Out of $835.6M in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending43¢$42.0M
  • Kept or used elsewhere57¢$55.4M

Out of $97.3M of cash from operations.6

Financial statements

Revenue10111213146$835.6M in 2025+164% since 2018
0$250.0M$500.0M$750.0M$1.0B2018: $317.0M$317.0M20182019: $331.5M$331.5M2019+5%2020: $300.8M$300.8M2020−9%2021: $335.1M$335.1M2021+11%2022: $418.8M$418.8M2022+25%2023: $607.4M$607.4M2023+45%2024: $732.7M$732.7M2024+21%2025: $835.6M$835.6M2025+14%
Operating income10111213146$83.5M in 2025
-$50.0M0$50.0M$100.0M2018: -$35.3M-$35.3M20182019: -$7.8M-$7.8M2019−78%2020: -$3.9M-$3.9M2020−50%2021: $14.9M$14.9M20212022: $22.4M$22.4M2022+50%2023: $21.4M$21.4M2023−4%2024: $58.9M$58.9M2024+175%2025: $83.5M$83.5M2025+42%
Net income10111213146$63.0M in 2025
-$50.0M-$25.0M0$25.0M$50.0M$75.0M2018: -$32.7M-$32.7M20182019: -$7.9M-$7.9M2019−76%2020: $8.0M$8.0M20202021: $14.6M$14.6M2021+82%2022: $25.8M$25.8M2022+77%2023: $12.3M$12.3M2023−52%2024: $42.0M$42.0M2024+241%2025: $63.0M$63.0M2025+50%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2025-09-302024-09-302023-09-30
Revenues$835.6M$732.7M$607.4M
Educational services and facilities$420.5M$384.5M$329.9M
Selling, general and administrative$331.7M$289.3M$256.1M
Total operating expenses$752.1M$673.8M$586.0M
Income from operations$83.5M$58.9M$21.4M
Interest income$6.2M$6.3M$5.9M
Interest expense-$5.6M-$9.5M-$9.7M
Other income$265.0K$496.0K$483.0K
Total other income (expense), net$805.0K-$2.7M-$3.3M
Income before income taxes$84.3M$56.2M$18.1M
Income tax expense-$21.3M-$14.2M-$5.8M
Net income$63.0M$42.0M$12.3M
Preferred stock dividends$0-$1.1M-$5.1M
Income available for distribution$63.0M$40.9M$7.3M
Income allocated to participating securities$0-$2.9M-$2.7M
Net income available to common shareholders$63.0M$38.0M$4.5M
Net income per share - basic (in dollars per share)$1.16$0.77$0.13
Net income per share - diluted (in dollars per share)$1.13$0.75$0.13
Basic (in shares)54.3M shares49.4M shares34.0M shares
Diluted (in shares)55.6M shares50.9M shares34.5M shares

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Corporate structure

Universal Technical Institute sits at the top of its group. 29 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Universal Technical Institute

  • Coliseum Capital Management, LLC Filed SCHEDULE 13D/A on Universal Technical Institute, latest Jun 10, 2026 (11 filings since Dec 29, 2022)
  • BlackRock Filed SCHEDULE 13G/A on Universal Technical Institute, latest Jun 4, 2026 (3 filings since Oct 24, 2024)
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on Universal Technical Institute, latest Mar 27, 2026 (6 filings since Feb 9, 2023)
  • LORD, ABBETT & CO. LLC Filed SCHEDULE 13G/A on Universal Technical Institute, latest Aug 14, 2025 (2 filings since May 14, 2025)
  • University Washington Filed SCHEDULE 13G/A on Universal Technical Institute, latest Nov 21, 2024
  • Park West Asset Management LLC Filed SC 13G/A on Universal Technical Institute, latest Nov 14, 2024 (4 filings since Feb 14, 2022)
  • DIMENSIONAL FUND ADVISORS LP Filed SC 13G/A on Universal Technical Institute, latest Oct 31, 2024 (2 filings since Feb 9, 2024)
  • HAMILTON LANE ADVISORS LLC Filed SC 13G/A on Universal Technical Institute, latest Feb 13, 2024 (2 filings since Feb 7, 2022)
  • 22NW, LP Filed SC 13G/A on Universal Technical Institute, latest Feb 14, 2022
  • RENAISSANCE TECHNOLOGIES LLC Filed SC 13G/A on Universal Technical Institute, latest Feb 11, 2022
  • Alexander Capital Advisors, LLC Filed SC 13G/A on Universal Technical Institute, latest Feb 10, 2022
  • Universal Technical Institute Phoenix, Arizona, United States
    • 2611 CORPORATE WEST DRIVE VENTURE LLC Subsidiary · Phoenix, Arizona, United States
    • Colleges of Dental & Medical Assistants, Inc. Subsidiary · California, United States
    • Concorde Career Colleges, Inc. Subsidiary · Delaware, United States
    • Custom Training Group, Inc. Subsidiary · California, United States
    • HCP Ed Holdings, Inc. Subsidiary · Delaware, United States
    • Michigan Institute of Aeronautics Inc. Subsidiary · Michigan, United States
    • Southern California College of Medical & Dental Assistants, Inc. Subsidiary · California, United States
    • Student Funding Group, LLC Subsidiary · Arizona, United States
    • U.T.I. of Illinois, Inc. Subsidiary · Illinois, United States
    • United Health Career Institute, Inc. Subsidiary · California, United States
    • Universal Technical Institute Northeast, LLC Subsidiary · Delaware, United States
    • Universal Technical Institute of Arizona, Inc. Subsidiary · Delaware, United States
    • Universal Technical Institute of Atlanta, LLC Subsidiary · Delaware, United States
    • Universal Technical Institute of California, Inc. Subsidiary · California, United States
    • Universal Technical Institute of Massachusetts, Inc. Subsidiary · Delaware, United States
    • Universal Technical Institute of North Carolina, Inc. Subsidiary · Delaware, United States
    • Universal Technical Institute of Northern California, Inc. Subsidiary · California, United States
    • Universal Technical Institute of Northern Texas, LLC Subsidiary · Delaware, United States
    • Universal Technical Institute of Pennsylvania, Inc. Subsidiary · Delaware, United States
    • Universal Technical Institute of Phoenix, Inc. Subsidiary · Delaware, United States
    • Universal Technical Institute of Salt Lake City, LLC Subsidiary · Delaware, United States
    • Universal Technical Institute of San Antonio, LLC Subsidiary · Delaware, United States
    • Universal Technical Institute of Southern California, LLC Subsidiary · Delaware, United States
    • Universal Technical Institute of Texas, Inc. Subsidiary · Texas, United States
    • Universal Technical Institute Ventures, LLC Subsidiary · Delaware, United States
    • and 3 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Universal Technical Institute reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Finance-lease assets$3.0M6 Sep 30, 2025$3.9M6 Sep 30, 2024−23.1%
Operating-lease assets (leased space)$178.9M6 Sep 30, 2025$158.8M6 Sep 30, 2024+12.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$127.4M6 Sep 30, 2025$161.9M6 Sep 30, 2024−21.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$28.5M6 Sep 30, 2025$28.5M6 Sep 30, 20240%
Intangible assets, net (excluding goodwill)$17.4M6 Sep 30, 2025$18.2M6 Sep 30, 2024−4.8%
Accumulated amortization$2.7M6 Sep 30, 2025$1.8M6 Sep 30, 2024+48.4%

Properties, in its own words

The following sets forth certain information relating to our campuses and corporate headquarters as of September 30, 2025. Many of the leases are renewable for additional terms at our option. Our facilities are utilized consistent with management’s expectations, and we believe such facilities are suitable and adequate for currently identifiable requirements and that additional space, if needed, can be obtained on commercially reasonable terms to meet any future requirements.

Location · Brand · Approximate Square Footage · Leased or Owned · Lease Expiration Date

The rest of Item 2

Campus locations:

Arizona (Avondale & Phoenix) · UTI · 283,000 · Owned · N/A

California (Garden Grove) · Concorde · 45,000 · Leased · March 2032

California (Long Beach) · UTI · 137,000 · Leased · August 2030

California (North Hollywood) · Concorde · 35,000 · Leased · May 2027

California (Rancho Cucamonga) · UTI · 148,000 · Leased · September 2031

California (Sacramento) · UTI · 117,000 · Leased · February 2033

California (San Bernardino) · Concorde · 48,000 · Leased · March 2028

California (San Diego) · Concorde · 34,000 · Leased · December 2036

Colorado (Aurora) · Concorde · 55,000 · Leased · April 2026

Colorado (Denver)(1) · Concorde · 63,000 · Leased · December 2037

Florida (Fort Myers)(2) · Concorde · 20,000 · Leased · October 2032

Florida (Jacksonville) · Concorde · 46,000 · Leased · December 2027

Florida (Miramar) · UTI · 103,000 · Leased · March 2032

Florida (Miramar) · Concorde · 33,000 · Leased · April 2028

Florida (Orlando) · UTI · 154,000 · Owned · N/A

Florida (Orlando) · UTI · 34,000 · Leased · March 2031

Florida (Orlando) · Concorde · 41,000 · Leased · April 2030

Florida (Tampa) · Concorde · 30,000 · Leased · January 2027

Georgia (Atlanta)(3) · UTI · 150,000 · Leased · May 2036

Illinois (Lisle) · UTI · 187,000 · Owned · N/A

Michigan (Canton) · UTI · 125,000 · Leased · April 2036

Mississippi (Southaven) · Concorde · 23,000 · Leased · March 2027

Missouri (Kansas City) · Concorde · 18,000 · Leased · June 2032

Missouri (St. Joseph) · Concorde · 50,000 · Leased · December 2036

New Jersey (Bloomfield) · UTI · 102,000 · Leased · December 2030

North Carolina (Mooresville) · UTI · 146,000 · Leased · October 2030

Oregon (Portland) · Concorde · 33,000 · Leased · July 2034

Pennsylvania (Exton) · UTI · 129,000 · Leased · October 2029

Tennessee (Memphis) · Concorde · 72,000 · Leased · August 2031

Texas (Austin) · UTI · 107,000 · Leased · October 2032

Texas (Dallas) · Concorde · 47,000 · Leased · March 2031

Texas (Dallas) · UTI · 109,000 · Owned · N/A

Texas (Dallas)(4) · UTI · 31,000 · Leased · September 2035

Location · Brand · Approximate Square Footage · Leased or Owned · Lease Expiration Date

Texas (Houston) · UTI · 172,000 · Owned · N/A

Texas (Houston) · UTI · 54,000 · Leased · September 2029

Texas (Grand Prairie) · Concorde · 50,000 · Leased · January 2029

Texas (San Antonio)(3) · UTI · 51,000 · Leased · June 2036

Texas (San Antonio) · Concorde · 48,000 · Leased · February 2033

Other locations:

Arizona (Phoenix) · UTI and Corporate · 21,000 · Leased · February 2027

Missouri (Overland Park) · Concorde · 8,000 · Leased · November 2030

(1) During fiscal 2025, we signed a lease agreement to relocate our Concorde campus in Aurora, Colorado to a new facility in Denver, Colorado. In connection with the relocation, we extended our existing lease in Aurora through April 2026. Construction has begun on the new Denver facility and we expect the relocation to be completed in April 2026.

(2) Concorde signed a new facility lease agreement during fiscal 2025 related to our partnership with Heartland Dental to construct a new co-branded campus in Fort Myers, Florida, which is expected to open in early fiscal 2026, pending regulatory approvals, and will bring the total number of Concorde campuses nationwide to 18. Construction began during the second quarter of 2025.

(3) During fiscal 2025, we announced the opening of two new UTI campuses during fiscal 2026 in San Antonio, Texas and Atlanta, Georgia. We recorded the related lease obligations during 2025 as we began our build-out of these facilities.

(4) To expand our program offerings at our UTI Dallas campus, we signed a new facility lease agreement during fiscal 2025. The expansion will accommodate approximately 1,000 additional students and introduce programs in airframe and powerplant, HVACR, and electrical, pending all regulatory approvals.

Item 2 of the 10-K filed Nov 26, 2025.19

The story

UTI was founded in 1965 by Robert Sweet to provide career-focused technical training for the transportation industry. The company expanded over the following decades with new programs and campuses, and in 1980 began offering continuing education and training for corporate clients.

In 1998, UTI acquired Clinton Harley Corporation and Clinton Education Group, Inc., which operated Motorcycle Mechanics Institute and Marine Mechanics Institute.

UTI has continued to grow through acquisitions. In 2021, UTI acquired MIAT College of Technology, a technical school offering programs in aviation, energy and manufacturing. The acquisition of Concorde Career Colleges followed in 2022.

From Wikipedia’s article on Universal Technical Institute, shared under CC BY-SA 4.0.8

Leadership

Who has led Universal Technical Institute, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Kimberly J. McWaters2011–2019
  2. Jerome Alan Grant2019–now

Chair

  1. John C. White2006–2013
  2. Kimberly J. McWaters2013–2017

President

  1. Kimberly J. McWaters2006–2019
  2. Eugene S. Putnam Jr.2011–2016
  3. Jami J. Frazier2022
  4. Tracy Kay Lorenz2023
  5. Kevin Prehn2023–now

Chief financial officer

  1. Eugene S. Putnam Jr.2008–2016
  2. Bryce H. Peterson2016–2017
  3. Scott Yessner2018
  4. Troy R. Anderson2019–2023
  5. Christine Kline2024
  6. Bruce Schuman2025–now

Chief operating officer

  1. Sherrell Smith2008–2009
  2. Jerome Alan Grant2017–2018
  3. Todd A. Hitchcock2025–now
197019801990200020102020
Board members and other officers (48)

Products and brands

Campus locations

UTI operates 18 trade school campuses across 11 states:

Arizona: UTI-Avondale and UTI-Phoenix

California: UTI-Long Beach, UTI-Rancho Cucamonga and UTI-Sacramento

Florida: UTI-Miramar and UTI-Orlando

Read the full text

Georgia: UTI-Atlanta

Illinois: UTI-Lisle

Michigan: UTI-Canton

New Jersey: UTI-Bloomfield

North Carolina: UTI-Mooresville

Pennsylvania: UTI-Exton

Texas: UTI-Austin, UTI-Dallas/Fort Worth, UTI-Houston and UTI-San Antonio

Utah: UTI-Salt Lake City

One additional campus in Salt Lake City, Utah, is scheduled to open in 2027.

Student services

Military and veteran support services include military-specific admissions reps, military-only campus orientations and lounge areas for veterans. Many UTI programs are also approved for GI Bill funding.

UTI participates in the Department of Defense SkillBridge program as well, offering eligible service members career training opportunities at Fort Bliss, Camp Pendleton, and Fort Bragg.

From Wikipedia’s article on Universal Technical Institute, shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • 2611 Corporate West Drive Venture LLC Delaware9
  • Colleges of Dental & Medical Assistants, Inc. California9
  • Concorde Career Colleges, Inc. Delaware9
  • Custom Training Group, Inc. California9
  • HCP Ed Holdings, Inc. Delaware9
  • Michigan Institute of Aeronautics Inc. Michigan9
  • Southern California College of Medical & Dental Assistants, Inc. California9
  • Student Funding Group, LLC Arizona9
  • U.T.I. of Illinois, Inc. Illinois9
  • UTI Holdings, Inc. Arizona9
  • UTI South Florida, LLC Delaware9
  • UTI WEST TEXAS, LLC Delaware9
  • United Health Career Institute, Inc. California9
  • Universal Technical Institute Northeast, LLC Delaware9
  • Universal Technical Institute Ventures, LLC Delaware9
  • Universal Technical Institute of Arizona, Inc. Delaware9
  • Universal Technical Institute of Arizona, LLC Delaware9
  • Universal Technical Institute of Atlanta, LLC Delaware9
  • Universal Technical Institute of California, Inc. California9
  • Universal Technical Institute of Massachusetts, Inc. Delaware9
  • Universal Technical Institute of North Carolina, Inc. Delaware9
  • Universal Technical Institute of Northern California, Inc. California9
  • Universal Technical Institute of Northern Texas, LLC Delaware9
  • Universal Technical Institute of Pennsylvania, Inc. Delaware9
All 29 listed subsidiaries
  • Universal Technical Institute of Phoenix, Inc. Delaware9
  • Universal Technical Institute of Salt Lake City, LLC Delaware9
  • Universal Technical Institute of San Antonio, LLC Delaware9
  • Universal Technical Institute of Southern California, LLC Delaware9
  • Universal Technical Institute of Texas, Inc. Texas9

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • UNIVERSAL TECHNICAL INSTITUTE INCOct 3, 2003 to Sep 30, 20267

Timeline

  1. Aug 18, 20268-K Entered a material agreement; New debt or obligation; Regulation FD disclosure85
  2. Aug 5, 20268-K Results of operations; Regulation FD disclosure86
  3. May 6, 20268-K Results of operations; Regulation FD disclosure87
  4. Mar 18, 20268-K Shareholder vote88
  5. Mar 17, 20268-K Code of ethics changed89
  6. Feb 4, 20268-K Results of operations; Regulation FD disclosure90
  7. Nov 19, 20258-K Results of operations; Regulation FD disclosure91
  8. Nov 18, 20258-K Regulation FD disclosure92
  9. Aug 6, 20258-K Results of operations; Regulation FD disclosure93
  10. May 7, 20258-K Results of operations; Regulation FD disclosure94
  11. Mar 31, 20258-K Executive or director change; Regulation FD disclosure95
  12. Mar 17, 20258-K Executive or director change; Regulation FD disclosure96
  13. Dec 10, 2019New chief executive Jerome Alan Grant becomes CEO20
  14. Apr 7, 2011New chief executive Kimberly J. McWaters becomes CEO21
  15. 1965Founded Founded1

Filings

432 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 48 major events, 273 insider forms, 37 large holders, 54 other. The latest 20:

  1. Sep 30, 20264 EDGAR
  2. Sep 23, 20264 EDGAR
  3. Aug 31, 20264 EDGAR
  4. Aug 27, 20264 EDGAR
  5. Aug 18, 20268-K EDGAR
  6. Aug 14, 20264 EDGAR
  7. Aug 12, 20264 EDGAR
  8. Aug 6, 202610-Q EDGAR
  9. Aug 5, 20268-K EDGAR
  10. Jun 30, 20264 EDGAR
  11. Jun 29, 2026144 EDGAR
  12. Jun 24, 20264 EDGAR
  13. Jun 22, 2026144 EDGAR
  14. Jun 10, 20264 EDGAR
  15. Jun 10, 2026SCHEDULE 13D/A EDGAR
  16. Jun 8, 20264 EDGAR
  17. Jun 8, 20264 EDGAR
  18. Jun 8, 2026144 EDGAR
  19. Jun 5, 2026144 EDGAR
  20. Jun 4, 2026SCHEDULE 13G/A EDGAR

The 432 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

67 open-market trades by officers, directors and large owners since October 2021: 24 buys and 43 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 28, 2026DEVINCENZI ROBERT THOMASDirectorBuy1,000$19.68$19.7KForm 4
Sep 21, 2026DEVINCENZI ROBERT THOMASDirectorBuy1,000$19.83$19.8KForm 4
Aug 27, 2026DEVINCENZI ROBERT THOMASDirectorBuy1,000$21.80$21.8KForm 4
Aug 25, 2026DEVINCENZI ROBERT THOMASDirectorBuy1,000$21.77$21.8KForm 4
Aug 12, 2026DEVINCENZI ROBERT THOMASDirectorBuy1,000$25.95$25.9KForm 4
Aug 10, 2026DEVINCENZI ROBERT THOMASDirectorBuy8,000$28.21$225.7KForm 4
Jun 29, 2026Grant Jerome AlanChief Executive OfficerSale94,500$41.40$3.9MForm 4
Jun 22, 2026Prehn KevinConcorde Division PresidentSale4,545$40.00$181.8KForm 4
Jun 8, 2026COLISEUM CAPITAL PARTNERS, L.P.DirectorSale3,000,000$41.40$124.2MForm 4
Jun 5, 2026Kline ChristineSenior Vice President and CAOSale3,500$44.42$155.5KForm 4
May 11, 2026SRERE LINDA JDirectorSale15,000$36.59$548.9KForm 4
Mar 27, 2026Kevane Christopher E.EVP and Chief Legal OfficerSale23,654$37.55$888.2KForm 4
Mar 17, 2026Brochick George W.DirectorSale5,000$36.59$182.9KForm 4
Mar 6, 2026Okinaka Shannon LeiDirectorSale10,000$34.74$347.4KForm 4
Mar 4, 2026Hitchcock Todd AEVP/COOSale16,500$37.33$615.9KForm 4
Mar 2, 2026Smith SherrellEVP, Chief Academic OfficerSale52,671$37.04$2.0MForm 4
Feb 27, 2026Grant Jerome AlanChief Executive OfficerSale60,040$34.95$2.1MForm 4
Feb 13, 2026Frank Carolyn AnnSVP/Chief HR OfficerSale1,750$30.08$52.6KForm 4
Dec 5, 2025Coliseum Capital Management, LLCDirectorBuy191,830$25.38$4.9MForm 4
Dec 3, 2025Coliseum Capital Management, LLCDirectorBuy355,236$24.81$8.8MForm 4

All 67 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Jerome GrantChief Executive Officer62$723.1K$5.1M108
2025Todd HitchcockExecutive Vice President, Chief Operating Officer60$473.1K$1.8M108
2025Bruce SchumanExecutive Vice President, Chief Financial Officer55$246.6K$1.6M108
2025Christopher KevaneExecutive Vice President, Chief Legal Officer52$421.9K$1.4M108
2025Christine KlineSenior Vice President, Chief Accounting Officer & Former Interim Chief Financial Officer47$367.3K$1.4M108
2025Sherrell SmithExecutive Vice President, Chief Academic Officer62$408.0K$1.2M108
2025Troy R. AndersonFormer Executive Vice President Chief Financial Officer$26.0K$27.6K108
2024Jerome GrantChief Executive Officer62$629.0K$3.5M108
2024Troy R. AndersonFormer Executive Vice President Chief Financial Officer$438.1K$1.2M108
2024Sherrell SmithExecutive Vice President, Chief Academic Officer62$403.3K$1.2M108
2024Christopher KevaneExecutive Vice President, Chief Legal Officer52$391.3K$1.1M108
2024Todd HitchcockExecutive Vice President, Chief Operating Officer60$391.3K$1.1M108
2023Jerome GrantChief Executive Officer62$580.8K$3.0M108
2023Troy R. AndersonFormer Executive Vice President Chief Financial Officer$418.3K$1.5M108
2023Sherrell SmithExecutive Vice President, Chief Academic Officer62$408.0K$1.1M108
2023Christopher KevaneExecutive Vice President, Chief Legal Officer52$375.6K$1.0M108
2023Todd HitchcockExecutive Vice President, Chief Operating Officer60$374.2K$1.0M108

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.7,553,895$323.1M0.0%+3,930,523
Congress Asset Management Co3,000,595$128.3M0.8%+847,617
Driehaus Capital Management LLC2,499,689$106.9M0.6%+743,138
Vanguard Capital Management LLC2,211,159$94.6M0.0%+38,775
State Street Corp1,890,902$80.9M0.0%+854,169
Hood River Capital Management LLC1,558,008$66.6M0.5%−28,180
Praetorian PR LLC1,350,000$57.7M18.4%+350,000
Wasatch Advisors LP1,296,581$55.5M0.4%−682,195
Dimensional Fund Advisors LP1,287,425$55.1M0.0%−9,564
American Century Companies Inc1,260,541$53.9M0.0%−175,976
Geode Capital Management, LLC1,239,433$53.0M0.0%+69,941
Royce & Associates LP1,198,144$51.2M0.4%+167,562
Conestoga Capital Advisors, LLC1,181,460$50.5M1.1%−110,665
First Eagle Investment Management, LLC1,140,470$48.8M0.0%+668,335
Needham Investment Management LLC1,130,000$48.3M1.5%+100,000
Punch & Associates Investment Management, Inc.1,096,078$46.9M2.3%+19,212
Alyeska Investment Group, L.P.1,075,771$46.0M0.1%+169,513
Gilder Gagnon Howe & Co LLC1,041,404$44.5M0.5%+762,181
Coliseum Capital Management, LLC971,440$41.5M3.6%−3,000,000
Vanguard Portfolio Management LLC956,449$40.9M0.0%+420,438
Next Century Growth Investors LLC949,379$40.6M2.2%−5,723
Shannon River Fund Management LLC890,113$38.1M3.4%New
Point72 Asset Management, L.P.810,041$34.6M0.1%−634,286
Morgan Stanley797,071$34.1M0.0%+254,159
Nuveen, LLC740,409$31.7M0.0%−387,777

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Universal Technical Institute is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARUNIVERSAL TECHNICAL INSTITUTE INC2
  • CIK0001261654
  • Employer ID (EIN)86-022698419
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company19
  • Incorporated inDelaware19
  • Fiscal year endsSeptember 302
  • Industry code (SIC)8200 Services-Educational Services2
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
  • Business address4225 East Windrose Drive, Suite 200, Phoenix, AZ 850322
  • Phone623-445-95002
  • Shares outstanding55,095,231 as of Jul 31, 202616
  • Public float$1.2B as of Mar 31, 202519
  • AuditorDELOITTE & TOUCHE LLP, Tempe, Arizona PCAOB ID 34; it also attests to the company’s internal control over financial reporting19
  • On EDGAR sinceOct 3, 20032
  • Filings1,932 in all: 4 (1,090), 8-K (276), SC 13G/A (109), 10-Q (69), 3 (67), 4/A (61), SC 13G (42), 144 (32)2
    All 40 form types

    10-K (22), DEF 14A (22), 5 (20), DEFA14A (14), ARS (12), SC 13D/A (11), UPLOAD (11), CORRESP (9), S-8 (6), 3/A (5), 8-K/A (5), SCHEDULE 13D/A (5), SCHEDULE 13G/A (5), S-1/A (4), SC 13D (4), 144/A (3), PRE 14A (3), 10-Q/A (2), 424B1 (2), 424B3 (2), 424B4 (2), 424B5 (2), 8-A12B (2), CERTNYS (2), EFFECT (2), S-1 (2), S-3 (2), 25-NSE (1), 8-A12B/A (1), S-8 POS (1), SCHEDULE 13D (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Nov 26, 2025
    Quarterly report (10-Q) Aug 6, 2026
    Proxy statement (DEF 14A) Jan 20, 2026
    Latest 8-K (8-K) Aug 18, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.0001 par valueUTINew York Stock Exchange

From the cover page of the 10-K filed Nov 26, 2025 (Section 12(b) of the Exchange Act).19

Risk factors and legal proceedings

The risks Universal Technical Institute names in Item 1A of its 10-K filed Nov 26, 2025: 42 risks under these headings, as written.19

  • Risks Related to the Extensive Regulation of Our Business
  • Our failure to comply with the extensive regulatory requirements for school operations could result in financial requirements or penalties, restrictions on our operations and loss of external financial aid funding.
  • Failure to maintain eligibility to participate in Title IV Programs could materially and adversely affect our business.
  • Current and future Title IV Program regulations arising out of negotiated rulemakings could materially and adversely affect our business.
  • Congress may change the law or reduce funding for or place restrictions on the use of funds received through Title IV Programs, which could reduce our student population, revenues and/or profit margin.
  • The loss of funds from Veterans' benefits programs could materially and adversely affect our business.
  • Continued or increased examination of the for-profit education sector could result in further legislation, appropriations, regulations, and enforcement actions that could materially and adversely affect our business.
  • Our business could be harmed if we experience a disruption in our ability to process student loans under the Federal Direct Loan Program.
  • Government and regulatory agencies and third parties may conduct compliance reviews, bring claims or initiate litigation against us.
  • Our business and stock price could be adversely affected as a result of regulatory investigations of, or actions commenced against, us or other companies in our industry.
  • Changes in the state regulatory environment, state and agency budget constraints and increased regulatory requirements, may affect our ability to obtain and maintain necessary authorizations or approvals from those states to conduct or change our operations.
  • Budget constraints in states that provide state financial aid to our students could reduce the amount of such financial aid that is available to our students, which could reduce our student population and negatively affect our 90/10 Rule calculation and other compliance metrics.
The other 31 risks
  • If we acquire an institution that participates in Title IV Programs or open an additional location, one or more of our regulators could decline to approve the acquired institution or additional location, or could impose material conditions or restrictions, which could impair our ability to operate the acquired institution and/or the additional location as planned or to realize the anticipated benefits from the acquisition of that institution and/or opening of the additional location.
  • If regulators do not approve additional or revised programs, it could have an adverse effect on our academic or operational initiatives.
  • If regulators do not approve or delay their approval of transactions involving a change of control of our company or any of our schools, our ability to participate in Title IV Programs may be impaired.
  • If our vendors do not comply with Title IV Program regulations, our business could be harmed and our ability to participate in Title IV Programs may be impaired.
  • Failure to comply with private education loan requirements may impair our business.
  • “Borrower defense to repayment” regulations may subject us to significant repayment liability to ED for discharged federal student loans.
  • If our students are unable to obtain professional licenses or certifications required for employment in their chosen fields of study, our reputation may suffer and we may face declining enrollments and revenue or be subject to student litigation.
  • The post-secondary education regulatory environment has changed and may change in the future as a result of U.S. federal elections.
  • Risks Related to Our Business
  • Failure to execute on our growth and diversification strategy.
  • We may be unable to successfully complete or integrate future acquisitions.
  • If we fail to reduce our underutilized capacity, we may experience a deterioration of our profitability and operating margins.
  • Macroeconomic conditions and aversion to debt could adversely affect our business.
  • Failure on our part to maintain and expand existing industry relationships and develop new industry relationships with our industry customers could impair our ability to attract and retain students.
  • Our success depends in part on our ability to update and expand the content of existing programs and develop and integrate new programs in a cost-effective manner and on a timely basis.
  • We may not be able to retain our key personnel or hire and retain the personnel we need to sustain and grow our business.
  • We are party to debt arrangements that contain restrictive covenants, and if we are unable to comply with these covenants then the lenders could declare an event of default wherein we may need to immediately repay the amounts due under the respective debt arrangements.
  • Competition could decrease our market share and create tuition pricing concerns.
  • Our financial performance depends in part on our ability to continue to develop awareness and acceptance of our programs among high school graduates, military personnel and adults seeking advanced training.
  • Expanding our blended learning format could be difficult for us.
  • We are heavily dependent on the reliability and performance of an internally developed student management and reporting system, and any difficulties in maintaining this system may result in service interruptions, decreased customer service or increased expenditures.
  • System disruptions and security threats to our computer networks, including breach of the personal information we collect, could have a material adverse effect on our business and our reputation.
  • Our success depends, in part, on the effectiveness of our marketing and advertising programs in recruiting new students.
  • If we are unable to hire, retain and continue to develop and train our admissions representatives, the effectiveness of our student recruiting efforts would be adversely affected.
  • An increase in interest rates would increase the cost of servicing our debt and could reduce our profitability.
  • Restrictions on, the inability to offer, or degraded collection performance for our proprietary loan program could have a negative effect on our results of operations.
  • We rely on third parties to originate, process and service loans under our proprietary loan program. If these companies fail or discontinue providing such services, our business could be harmed.
  • We have goodwill, which may become impaired and subject to a write-down.
  • The occurrence of natural or man-made catastrophes, including those caused by climate change and other climate-related causes, could materially and adversely affect our business, financial condition, results of operations and prospects.
  • Public health pandemics, epidemics or outbreaks, such as the COVID-19 pandemic, could have a material adverse effect on our business and operations.
  • Risks Related to Investing in Our Common Stock
  • The price of our common stock has fluctuated significantly in the past and may continue to do so in the future. As a result, you could lose all or part of your investment.
  • Seasonal and other fluctuations in our results of operations could adversely affect the trading price of our common stock.

Legal proceedings

In the ordinary conduct of our business, we are periodically subject to lawsuits, demands in arbitrations, investigations, regulatory proceedings or other claims, including, but not limited to, claims involving current and former students, routine employment matters, business disputes and regulatory demands. When we are aware of a claim or potential claim, we assess the likelihood of any loss or exposure. If it is probable that a loss will result and the amount of the loss can be reasonably estimated, we would accrue a liability for the loss. When a loss is not both probable and estimable, we do not accrue a liability. Where a loss is not probable but is reasonably possible, including if a loss in excess of an accrued liability is reasonably possible, we determine whether it is possible to provide an estimate of the amount of the loss or range of possible losses for the claim. Because we cannot predict with certainty the ultimate resolution of the legal proceedings (including lawsuits, investigations, regulatory proceedings or claims) asserted against us, it is not currently possible to provide such an estimate. The ultimate outcome of pending legal proceedings to which we are a party may have a material adverse effect on our business, cash flows, results of operations or financial condition.

The opening of Item 3, Legal Proceedings.19

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