Universal Technical Institut

Universal Technical Institute lays out long-term growth targets of $1.2 billion in revenue and $220 million in EBITDA for 2029, but signals near-term headwinds from an expected enrollment shortfall of about 1,000 high‑school graduates and a shift in demand toward shorter, cheaper programs. The company plans to open four new campuses annually (two UTI, two Concorde) and expects $110–120 million in annual capital expenditures plus upfront costs; payback periods are about five years per UTI campus. For 2026 it forecasts roughly $900 million in revenue, net income of $32–36 million and EBITDA of $100–103 million; management is addressing recruitment issues by increasing the number of school representatives and investing more in trade offerings. » Altro su de.investing.com

Universal Technical Institute has entered into a senior secured $200 million revolving credit facility with a bank syndicate led by Fifth Third Bank, replacing its prior $125 million facility. The agreement includes a $15 million swingline, $75 million for letters of credit (previously $20 million), and an unfunded upsize option of up to $75 million, and runs for five years until August 2031. The company intends to use the proceeds for working capital, internal initiatives, acquisitions and growth activities. » Altro su de.investing.com

Universal Technical Institute has opened the expanded Dallas campus with 125,000 square feet of additional space, including 15 classrooms, 6 labs and 16 combined classroom/lab facilities. The expansion increases capacity by nearly 1,000 students for programs in aviation, HVAC, electrical, energy, automotive, diesel and welding technologies. UTI operates four locations in Texas and also runs Concorde Career Colleges for healthcare professions in several Texas cities. » Altro su de.investing.com