Universal Technical Institute Inc. (UTI) intrinsic value & 10-year financials
Universal Technical Institute Inc. (UTI) has a Graham intrinsic value of $37.53 per share. At $20.58 on Oct 17, 2026, the stock trades 45% below that value. Over the last 10 fiscal years revenue grew 10.2% a year to $835.6M, with an average return on invested capital of -0.4%.
- Graham intrinsic value
- $37.53
- Share price (Oct 17, 2026)
- $20.58
- Price vs Graham value
- 45% below
- Market cap
- $1.1B
- Revenue (FY2025)
- $835.6M
- Revenue growth (10-yr CAGR)
- 10.2%
- ROIC (10-yr avg)
- -0.4%
- Free cash flow (FY2025)
- $55.4M
UTI 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $835.6M | $63.0M | $1.13 | $55.4M | 10.0% | 14.9% |
| FY2024 | $732.7M | $42.0M | $0.75 | $61.6M | 8.0% | 11.3% |
| FY2023 | $607.4M | $12.3M | $0.13 | -$7.5M | 3.5% | 3.9% |
| FY2022 | $418.8M | $25.8M | $0.38 | -$33.4M | 5.3% | 7.7% |
| FY2021 | $335.1M | $14.6M | $0.17 | -$6.4M | 4.5% | 6.1% |
| FY2020 | $300.8M | $8.0M | $0.05 | $1.8M | -1.3% | -0.8% |
| FY2019 | $331.5M | -$7.9M | -$0.52 | $15.3M | -2.4% | -6.5% |
| FY2018 | $317.0M | -$32.7M | -$1.51 | -$34.1M | -11.1% | -25.6% |
| FY2017 | $324.3M | -$8.1M | -$0.54 | -$18.2M | -0.6% | -1.4% |
| FY2016 | $347.1M | -$47.7M | -$2.02 | -$111.0K | -5.4% | -13.6% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
UNIVERSAL TECHNICAL INSTITUTE INC is a consistent compounder, expanding top-line revenue at 10.3% annually over the past decade.
UNIVERSAL TECHNICAL INSTITUTE INC has historically struggled to out-earn its cost of capital, averaging just -0.4% ROIC.
UNIVERSAL TECHNICAL INSTITUTE INC has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, UNIVERSAL TECHNICAL INSTITUTE INC is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $37.53 per share.