Universal Technical Institute, Inc. (UTI)

UTI Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	782.69	732.69	607.41	418.77	335.08	300.76
Revenue Growth (YoY)	14.69%	20.63%	45.05%	24.97%	11.41%	-9.27%
Cost of Revenue	344.59	332.06	280.46	207.23	166.82	155.93
Gross Profit	438.1	400.62	326.95	211.53	168.27	144.83
Selling, General & Admin	360.15	341.53	303.25	183.26	152.52	148.7
Operating Expenses	360.15	341.53	303.25	183.26	152.52	148.7
Operating Income	77.95	59.09	23.7	28.27	15.75	-3.87
Interest Expense	-7.75	-9.47	-9.66	-2	-0.37	-0.01
Interest & Investment Income	6.3	6.31	5.86	0.51	0.08	1.15
Other Non Operating Income (Expenses)	0.14	0.5	0.48	-0.44	0.52	0.14
EBT Excluding Unusual Items	76.65	56.43	20.39	26.34	15.98	-2.59
Merger & Restructuring Charges	-0.16	-0.2	-2.3	-3.9	-0.8	-
Asset Writedown	-	-	-	-2	-	-
Pretax Income	76.49	56.23	18.09	20.44	15.18	-2.59
Income Tax Expense	19.07	14.23	5.77	-5.41	0.6	-10.6
Net Income	57.42	42	12.32	25.85	14.58	8.01
Preferred Dividends & Other Adjustments	-	3.95	7.78	13.01	8.9	6.4
Net Income to Common	57.42	38.05	4.54	12.84	5.68	1.61
Net Income Growth	135.63%	240.86%	-52.33%	77.27%	82.08%	-
Shares Outstanding (Basic)	54	49	34	33	33	30
Shares Outstanding (Diluted)	56	51	34	34	33	30
Shares Change (YoY)	37.92%	47.48%	2.18%	1.87%	10.00%	18.38%
EPS (Basic)	1.06	0.77	0.13	0.39	0.17	0.05
EPS (Diluted)	1.04	0.75	0.13	0.38	0.17	0.05
EPS Growth	155.82%	476.92%	-65.79%	123.53%	240.00%	-
Free Cash Flow	70.89	61.6	-7.54	-33.42	-6.12	1.77
Free Cash Flow Per Share	1.28	1.21	-0.22	-0.99	-0.18	0.06
Gross Margin	55.97%	54.68%	53.83%	50.51%	50.22%	48.15%
Operating Margin	9.96%	8.06%	3.90%	6.75%	4.70%	-1.29%
Profit Margin	7.34%	5.19%	0.75%	3.07%	1.70%	0.53%
Free Cash Flow Margin	9.06%	8.41%	-1.24%	-7.98%	-1.83%	0.59%
EBITDA	109.23	88.42	48.91	45.16	29.77	7.93
EBITDA Margin	13.96%	12.07%	8.05%	10.78%	8.89%	2.64%
D&A For EBITDA	31.28	29.32	25.22	16.88	14.03	11.8
EBIT	77.95	59.09	23.7	28.27	15.75	-3.87
EBIT Margin	9.96%	8.06%	3.90%	6.75%	4.70%	-1.29%
Effective Tax Rate	24.93%	25.30%	31.87%	-	3.96%	-

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q