Universal Technical Institute Inc

Universal Technical Institute, Inc. is a U.S.-based workforce education company founded in 1965 that operates postsecondary training programs through two divisions: Universal Technical Institute and Concorde Career Colleges. Its schools provide hands-on education in transportation, skilled trades, energy, and healthcare, with campuses, clinical placements, online offerings, and employer-linked training services across the United States.

13,9 %

7,5 %

+14,0 %

1.07

1.07

— Universal Technical Institute Inc
%
UTI transportation and skilled trades programs65% Degree and non-degree technical training in transportation, skilled trades, and energy.
Concorde healthcare programs35% Healthcare, dental, nursing, and allied health education delivered through campuses and clinical experiences.
Manufacturer and dealer training services0% Advanced manufacturer-sponsored training, dealer technician training, and instructor staffing.
Student support and ancillary revenue0% Textbooks, program supplies, and other student-related services tied to enrollment.

The company serves students seeking career-focused education for in-demand jobs, especially adults, high school...

  • UTI studentsprimary

    Students enrolling in transportation, skilled trades, and energy programs for job-ready technical training.

  • Concorde studentsprimary

    Adult learners pursuing healthcare, dental, nursing, and allied health credentials.

  • Employer and manufacturer partnerssecondary

    Companies that sponsor advanced training, hire graduates, or use dealer technician and instructor staffing services.

  • Clinical affiliate partnerssecondary

    Hospitals, clinics, and dental/medical offices that provide externships and practical training sites.

  • Military and workforce funding userssecondary

    Students supported by VA and workforce programs that help finance enrollment.

Universal Technical Institute operates nationwide in the United States, with 15 UTI campuses in nine states and 17...

  • All revenue is generated within the United States
  • UTI operates 15 campuses across nine states
  • Concorde operates 17 campuses across eight states
  • Some programs are delivered online or in blended formats
  • Campus footprint supports local recruiting and employer partnerships

The company’s North Star strategy focuses on growing by deepening existing markets and entering new ones, diversifying...

01
Open new campuses in growth marketsmedium-term

Adds geographic reach and increases access to prospective students.

02
Launch and expand programsmedium-term

Diversifies revenue sources and improves campus utilization.

03
Strengthen employer-linked trainingshort-term

Improves graduate outcomes and supports industry relevance.

04
Optimize operations and student supportshort-term

Helps manage delivery costs and improve retention and completion.

The business is highly exposed to U.S. education regulation, especially Title IV funding rules, because student...

high

Federal student aid and regulatory compliance

A large share of students rely on Title IV and related funding, so rule changes or compliance failures can affect enrollment and access to aid.

Scope
All campuses and programs
Materiality
high
high

Student recruitment and retention

Revenue depends on enrolling students cost-effectively and keeping them through program completion.

Scope
UTI and Concorde admissions channels
Materiality
high
medium

Employer and reputation risk

Program demand depends on perceived job outcomes and relationships with employers, manufacturers, and clinical partners.

Scope
Industry partnerships and graduate placement
Materiality
medium
medium

Goodwill impairment

Acquired businesses carry goodwill that must be tested for impairment if operating performance or market conditions deteriorate.

Scope
MIAT, Concorde, and other acquisitions
Materiality
medium
medium

Operational disruption

Campus-based education can be affected by storms, outages, public health events, and other local disruptions.

Scope
Physical campuses and clinical sites
Materiality
medium
Revenue recognition over program term
Deferred revenue and quarterly comparability
Scholarships, discounts, and refunds
Net tuition revenue
Proprietary loan program and credit losses
Provision expense and receivables
Goodwill impairment
Potential non-cash write-downs

: 29/04/2026