Universal Technical Institute Inc

NYSE UTI

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Universal Technical Institute Inc Depreciation and Amortization 3 year CAGR for the year ending September 30, 2023: 8.29%

Universal Technical Institute Inc Depreciation and Amortization 3 year CAGR is 8.29% for the year ending September 30, 2023, a -69.67% change year over year. Depreciation and Amortization involve the systematic allocation of the cost of tangible and intangible assets over their useful lives. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Universal Technical Institute Inc Depreciation and Amortization for the year ending September 30, 2022 was USD 32.85 M, a 8.64% change year over year.
Universal Technical Institute Inc Depreciation and Amortization for the year ending September 30, 2021 was USD 30.23 M, a -16.20% change year over year.
Universal Technical Institute Inc Depreciation and Amortization for the year ending September 30, 2020 was USD 36.08 M, a 126.84% change year over year.
Universal Technical Institute Inc Depreciation and Amortization for the year ending September 30, 2019 was USD 15.90 M, a 1.38% change year over year.

NYSE: UTI

Universal Technical Institute Inc

CEO	Mr. Jerome A. Grant
IPO Date	Dec. 17, 2003
Location	United States
Headquarters	4225 East Windrose Drive, Phoenix, AZ, United States, 85032
Employees	3,000
Sector	Consumer Defensive
Industry	Education & training services

Description

Universal Technical Institute, Inc. provides transportation, skilled trades, and healthcare education programs in the United States. The company operates in two segments, UTI and Concorde. It offers certificate, diploma, or degree programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology. The company also provides manufacturer specific advanced training programs, including student paid electives at its campuses; and manufacturer or dealer sponsored training at various campuses and dedicated training centers. It serves students, partners, and communities by providing education and support services in various fields. Universal Technical Institute, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.

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