UTI: Universal Technical Institute Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Universal Technical Institute Inc (UTI).
$874.98M Market Cap.
UTI Market Cap. (MRY)
UTI Shares Outstanding (MRY)
UTI Assets (MRY)
Total Assets
$744.58M
Total Liabilities
$484.34M
Total Investments
$36.27M
UTI Income (MRY)
Revenue
$732.69M
Net Income
$42.00M
Operating Expense
$289.27M
UTI Cash Flow (MRY)
CF Operations
$85.89M
CF Investing
-$24.00M
CF Financing
-$51.34M
UTI Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $744,575,000 (0.53%) | $740,685,000 (33.96%) | $552,911,000 (7.87%) | $512,570,000 (15.97%) |
Assets Current | $221,951,000 (8.28%) | $204,985,000 (50.78%) | $135,953,000 (-25.87%) | $183,392,000 (1.78%) |
Assets Non-Current | $522,624,000 (-2.44%) | $535,700,000 (28.48%) | $416,958,000 (26.67%) | $329,178,000 (25.74%) |
Goodwill & Intangible Assets | $46,688,000 (-1.57%) | $47,434,000 (52.65%) | $31,074,000 (272.32%) | $8,346,000 (1.51%) |
Shareholders Equity | $260,231,000 (15.16%) | $225,967,000 (4.91%) | $215,397,000 (14.25%) | $188,530,000 (6.80%) |
Property Plant & Equipment Net | $423,575,000 (-4.39%) | $443,003,000 (27.91%) | $346,330,000 (23.19%) | $281,126,000 (29.31%) |
Cash & Equivalents | $167,472,000 (6.72%) | $156,924,000 (124.19%) | $69,996,000 (-52.05%) | $145,977,000 (64.17%) |
Accumulated Other Comprehensive Income | $1,106,000 (-55.10%) | $2,463,000 (11.30%) | $2,213,000 (893.19%) | -$279,000 (0%) |
Deferred Revenue | $92,538,000 (7.93%) | $85,738,000 (58.12%) | $54,223,000 (-5.94%) | $57,648,000 (41.66%) |
Total Investments | $36,267,000 (18.24%) | $30,672,000 (-48.14%) | $59,149,000 (93.39%) | $30,586,000 (-53.42%) |
Investments Current | $0 (0%) | $0 (0%) | $28,918,000 (0%) | $0 (0%) |
Investments Non-Current | $36,267,000 (18.24%) | $30,672,000 (1.46%) | $30,231,000 (-1.16%) | $30,586,000 (10.78%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $37,296,000 (19.72%) | $31,152,000 (41.02%) | $22,091,000 (-2.64%) | $22,689,000 (-44.11%) |
Trade & Non-Trade Payables | $83,866,000 (19.91%) | $69,941,000 (4.89%) | $66,680,000 (22.58%) | $54,397,000 (4.83%) |
Accumulated Retained Earnings (Deficit) | $38,509,000 (547.65%) | $5,946,000 (554.93%) | -$1,307,000 (94.06%) | -$21,996,000 (33.29%) |
Tax Assets | $3,563,000 (-5.44%) | $3,768,000 (11.98%) | $3,365,000 (0%) | $0 (0%) |
Tax Liabilities | $4,696,000 (608.30%) | $663,000 (0%) | $0 (0%) | $674,000 (0.00%) |
Total Debt | $294,745,000 (-15.70%) | $349,624,000 (66.65%) | $209,799,000 (5.94%) | $198,029,000 (25.32%) |
Debt Current | $24,907,000 (-0.36%) | $24,998,000 (77.62%) | $14,074,000 (-5.87%) | $14,951,000 (-37.17%) |
Debt Non-Current | $269,838,000 (-16.88%) | $324,626,000 (65.86%) | $195,725,000 (6.91%) | $183,078,000 (36.40%) |
Total Liabilities | $484,344,000 (-5.90%) | $514,718,000 (52.50%) | $337,514,000 (4.16%) | $324,040,000 (22.07%) |
Liabilities Current | $204,963,000 (10.97%) | $184,700,000 (34.11%) | $137,722,000 (3.77%) | $132,718,000 (9.11%) |
Liabilities Non-Current | $279,381,000 (-15.34%) | $330,018,000 (65.18%) | $199,792,000 (4.43%) | $191,322,000 (33.03%) |
UTI Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $732,687,000 (20.63%) | $607,408,000 (45.05%) | $418,765,000 (24.97%) | $335,083,000 (11.41%) |
Cost of Revenue | $384,529,000 (16.57%) | $329,870,000 (59.18%) | $207,233,000 (24.23%) | $166,818,000 (6.98%) |
Selling General & Administrative Expense | $289,267,000 (12.93%) | $256,139,000 (35.41%) | $189,158,000 (23.38%) | $153,318,000 (3.11%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $289,267,000 (12.93%) | $256,139,000 (35.41%) | $189,158,000 (23.38%) | $153,318,000 (3.11%) |
Interest Expense | $9,471,000 (-1.92%) | $9,656,000 (382.32%) | $2,002,000 (448.49%) | $365,000 (3550.00%) |
Income Tax Expense | $14,229,000 (146.82%) | $5,765,000 (206.62%) | -$5,407,000 (-998.17%) | $602,000 (105.68%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $42,001,000 (240.86%) | $12,322,000 (-52.33%) | $25,848,000 (77.27%) | $14,581,000 (82.08%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $42,001,000 (240.86%) | $12,322,000 (-52.33%) | $25,848,000 (77.27%) | $14,581,000 (82.08%) |
Preferred Dividends Income Statement Impact | $3,952,000 (-49.21%) | $7,781,000 (-40.17%) | $13,006,000 (46.18%) | $8,897,000 (39.04%) |
Net Income Common Stock | $38,049,000 (737.90%) | $4,541,000 (-64.64%) | $12,842,000 (125.93%) | $5,684,000 (253.26%) |
Weighted Average Shares | $49,429,000 (45.44%) | $33,985,000 (2.31%) | $33,218,000 (1.38%) | $32,766,000 (9.91%) |
Weighted Average Shares Diluted | $50,851,000 (47.48%) | $34,479,000 (2.18%) | $33,743,000 (1.87%) | $33,123,000 (10.00%) |
Earning Before Interest & Taxes (EBIT) | $65,701,000 (136.82%) | $27,743,000 (23.62%) | $22,443,000 (44.35%) | $15,548,000 (701.70%) |
Gross Profit | $348,158,000 (25.45%) | $277,538,000 (31.20%) | $211,532,000 (25.71%) | $168,265,000 (16.18%) |
Operating Income | $58,891,000 (175.20%) | $21,399,000 (-4.36%) | $22,374,000 (49.69%) | $14,947,000 (486.13%) |
UTI Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$24,002,000 (45.53%) | -$44,066,000 (67.26%) | -$134,597,000 (-486.45%) | -$22,951,000 (49.84%) |
Net Cash Flow from Financing | -$51,345,000 (-162.73%) | $81,846,000 (550.35%) | $12,585,000 (-49.30%) | $24,824,000 (-42.39%) |
Net Cash Flow from Operations | $85,895,000 (74.77%) | $49,148,000 (6.77%) | $46,031,000 (-16.59%) | $55,185,000 (400.23%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $10,548,000 (-87.87%) | $86,928,000 (214.41%) | -$75,981,000 (-233.16%) | $57,058,000 (582.19%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | -$16,381,000 (37.78%) | -$26,326,000 (-9603.97%) | $277,000 (6.13%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $29,000,000 (200.62%) | -$28,821,000 (-176.55%) | $37,651,000 (198.08%) |
Capital Expenditure | -$24,298,000 (57.14%) | -$56,685,000 (28.65%) | -$79,450,000 (-29.60%) | -$61,306,000 (-566.51%) |
Issuance (Repayment) of Debt Securities | -$36,518,000 (-141.64%) | $87,696,000 (376.74%) | $18,395,000 (-39.68%) | $30,495,000 (30903.03%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $8,560,000 (122.45%) | $3,848,000 (-11.28%) | $4,337,000 (150.26%) | $1,733,000 (-16.56%) |
Depreciation Amortization & Accretion | $51,185,000 (11.71%) | $45,819,000 (39.79%) | $32,777,000 (10.61%) | $29,632,000 (-17.86%) |
UTI Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 47.50% (3.94%) | 45.70% (-9.50%) | 50.50% (0.60%) | 50.20% (4.15%) |
Profit Margin | 5.20% (642.86%) | 0.70% (-77.42%) | 3.10% (82.35%) | 1.70% (240.00%) |
EBITDA Margin | 16.00% (32.23%) | 12.10% (-8.33%) | 13.20% (-2.22%) | 13.50% (21.62%) |
Return on Average Equity (ROAE) | 15.90% (657.14%) | 2.10% (-65.57%) | 6.10% (90.62%) | 3.20% (220.00%) |
Return on Average Assets (ROAA) | 5.30% (783.33%) | 0.60% (-75.00%) | 2.40% (100.00%) | 1.20% (200.00%) |
Return on Sales (ROS) | 9.00% (95.65%) | 4.60% (-14.81%) | 5.40% (17.39%) | 4.60% (611.11%) |
Return on Invested Capital (ROIC) | 9.80% (157.89%) | 3.80% (-13.64%) | 4.40% (15.79%) | 3.80% (642.86%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 21.12 (-67.24%) | 64.46 (362.13%) | 13.95 (-64.92%) | 39.77 (-60.86%) |
Price to Sales Ratio (P/S) | 1.1 (133.90%) | 0.47 (8.56%) | 0.43 (-34.64%) | 0.66 (31.15%) |
Price to Book Ratio (P/B) | 3.36 (166.19%) | 1.26 (48.07%) | 0.85 (-27.53%) | 1.18 (25.48%) |
Debt to Equity Ratio (D/E) | 1.86 (-18.31%) | 2.28 (45.37%) | 1.57 (-8.84%) | 1.72 (14.30%) |
Earnings Per Share (EPS) | 0.77 (492.31%) | 0.13 (-66.67%) | 0.39 (129.41%) | 0.17 (240.00%) |
Sales Per Share (SPS) | 14.82 (-17.06%) | 17.87 (41.77%) | 12.61 (23.27%) | 10.23 (1.37%) |
Free Cash Flow Per Share (FCFPS) | 1.25 (661.26%) | -0.22 (77.93%) | -1.01 (-437.97%) | -0.19 (-401.61%) |
Book Value Per Share (BVPS) | 5.26 (-20.82%) | 6.65 (2.54%) | 6.48 (12.69%) | 5.75 (-2.82%) |
Tangible Assets Book Value Per Share (TABVPS) | 14.12 (-30.79%) | 20.4 (29.86%) | 15.71 (2.08%) | 15.39 (5.77%) |
Enterprise Value Over EBIT (EV/EBIT) | 16 (-15.79%) | 19 (26.67%) | 15 (-21.05%) | 19 (121.11%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 9.14 (27.80%) | 7.15 (20.40%) | 5.94 (-9.64%) | 6.58 (-5.63%) |
Asset Turnover | 1.02 (21.68%) | 0.83 (6.91%) | 0.78 (8.47%) | 0.72 (0.42%) |
Current Ratio | 1.08 (-2.43%) | 1.11 (12.46%) | 0.99 (-28.58%) | 1.38 (-6.68%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $61,597,000 (917.26%) | -$7,537,000 (77.45%) | -$33,419,000 (-445.97%) | -$6,121,000 (-433.75%) |
Enterprise Value (EV) | $1,068,733,144 (103.07%) | $526,295,980 (60.39%) | $328,137,124 (10.45%) | $297,096,019 (27.30%) |
Earnings Before Tax (EBT) | $56,230,000 (210.89%) | $18,087,000 (-11.52%) | $20,441,000 (34.63%) | $15,183,000 (685.31%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $116,886,000 (58.89%) | $73,562,000 (33.22%) | $55,220,000 (22.22%) | $45,180,000 (34.89%) |
Invested Capital | $620,197,000 (-11.56%) | $701,251,000 (33.85%) | $523,918,000 (23.69%) | $423,558,000 (11.11%) |
Working Capital | $16,988,000 (-16.25%) | $20,285,000 (1246.69%) | -$1,769,000 (-103.49%) | $50,674,000 (-13.44%) |
Tangible Asset Value | $697,887,000 (0.67%) | $693,251,000 (32.85%) | $521,837,000 (3.49%) | $504,224,000 (16.25%) |
Market Capitalization | $874,980,144 (206.47%) | $285,499,980 (55.42%) | $183,695,124 (-17.22%) | $221,895,019 (33.94%) |
Average Equity | $238,603,000 (7.93%) | $221,062,000 (5.22%) | $210,095,750 (16.64%) | $180,122,750 (9.36%) |
Average Assets | $721,279,250 (-0.79%) | $727,052,250 (35.64%) | $536,021,000 (15.12%) | $465,628,000 (10.95%) |
Invested Capital Average | $673,275,500 (-8.44%) | $735,308,750 (44.91%) | $507,416,750 (22.44%) | $414,413,250 (17.36%) |
Shares | 53,811,817 (57.95%) | 34,069,210 (0.89%) | 33,767,486 (2.87%) | 32,824,707 (0.66%) |
