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Discontinued — last reported Q3 '24

Number of states at other companies

First Bancorp logo
First BancorpFNLC
60.0%
Realty Income logo
Realty IncomeO
500.0%
Sonic Automotive logo
Sonic AutomotiveSAH
300%0.0pp
Arbor Realty Trust logo
Arbor Realty TrustABR
0
American Public Education logo
American Public EducationAPEI
8
Sonic Automotive logo
Sonic AutomotiveSAH
1,000%0.0pp

Segments

By segment

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UTI10+11.1%
Concorde80.0%

Other financials

Income statement

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Revenue$218.9M+7.2%
Operating income$3.2M-77.1%
Net income$2.3M-78.6%
EPS (diluted)$0.04-78.9%

Balance sheet

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Cash & equivalents$135.9M+85.2%
Total debt$362.5M+36.8%
Total equity$344.3M+12.2%
Total assets$897.9M+21.2%

Cash flow

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Operating cash flow$10.3M-42.8%
CapEx$28.2M+152%
Free cash flow-$17.9M-362%

Valuation

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Market cap$1.53B-15.6%
Enterprise value$1.76B-12.4%
P/E44.8×+15.9×
P/S1.7×-0.5×

Profitability

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Operating margin5%-5.4pp
Net margin3.9%-3.9pp
FCF margin-2.6%

Returns & leverage

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Return on equity10.5%-12.6pp
Debt / equity1.1×+0.2×
Current ratio1.3×+0.3×

Where this comes from

Reported directly by Universal Technical Institute in its filing.

Tagged under the XBRL concept uti:NumberOfStates.

The source filing: Universal Technical Institute’s 10-Q, filed August 7, 2024.

Filed
Aug 7, 2024
Fiscal quarter
Q3 FY2024
Calendar quarter
Q2 2024
Accession
0001261654-24-000056

Universal Technical Institute (“UTI”): UTI operates 16 campuses located in nine states and offers a wide range of degree and non-degree transportation and skilled trades technical training programs under brands such as Universal Technical Institute, Motorcycle Mechanics Institute and Marine Mechanics Institute (“MMI”), NASCAR Technical Institute, and MIAT College of Technology (“MIAT”). UTI also offers manufacturer specific advanced training programs, which include student-paid electives, at our campuses and manufacturer or dealer sponsored training at certain campuses and dedicated training centers. Lastly, UTI provides dealer technician training or instructor staffing services to manufacturers. UTI works closely with multiple original equipment manufacturers and industry brand partners to understand their needs for qualified service professionals.

Item 1. FINANCIAL STATEMENTS

FAQ

What is Universal Technical Institute's number of states?
Universal Technical Institute (UTI) reported number of states of 9 in Q2 2024.
How has Universal Technical Institute's number of states changed year-over-year?
Universal Technical Institute's number of states decreased by 0.0% year-over-year, from 9 to 9.
What does number of states mean?
Number of states as reported by Universal Technical Institute, Inc..

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