Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Universal Technical Institute, Inc. (UTI) is a U.S.-based provider of postsecondary career education focused on skilled trades, transportation, and technical services. The company operates within the career and technical education industry, serving students seeking workforce-ready training aligned with employer demand. UTI’s programs are designed to prepare students for entry-level and advanced roles in automotive, diesel, welding, HVACR, electrical, and related technical fields.
The company’s primary revenue driver is tuition and fees generated from enrollment across its education brands, supplemented by manufacturer-sponsored training programs and continuing education. UTI primarily serves high school graduates, career changers, veterans, and adult learners seeking industry-recognized credentials. Its strategic positioning is centered on close alignment with employers and OEM partners, a standardized curriculum, and a focus on in-demand skilled trades. Founded in 1965 as Universal Trade School, the company evolved through organic campus expansion and acquisitions, later becoming a publicly traded company listed on the NYSE.
Business Operations
UTI generates revenue through instruction delivered across multiple education brands and campuses, operating under two primary reportable segments: UTI Division and Concorde Career Colleges Division. The UTI Division includes Universal Technical Institute, Motorcycle Mechanics Institute (MMI), and Marine Mechanics Institute (MMI), offering transportation and skilled trades programs often enhanced by OEM-sponsored advanced training.
The Concorde Career Colleges Division, anchored by Concorde Career Colleges, focuses on healthcare education, including nursing, dental, and allied health programs. Operations are primarily domestic within the United States, with no material international campuses. The company controls proprietary curricula, training facilities, and specialized equipment, and maintains partnerships with manufacturers and employers such as automotive OEMs and healthcare providers to support curriculum relevance and student placement.
Strategic Position & Investments
UTI’s strategic direction emphasizes enrollment growth, program diversification, and expansion into high-demand skilled and healthcare fields. Growth initiatives include launching new programs, expanding capacity at existing campuses, and increasing hybrid and blended learning delivery where permitted by regulators. The company has also focused on improving student outcomes and regulatory compliance to support long-term sustainability.
A major strategic investment was the acquisition of Concorde Career Colleges, which significantly expanded UTI’s presence in healthcare education and diversified its revenue base beyond transportation-focused programs. UTI continues to invest in emerging technologies related to electric vehicles, advanced diagnostics, and modern healthcare training equipment to ensure alignment with evolving employer needs.
Geographic Footprint
UTI operates a nationwide campus network across the United States, with major concentrations in California, Texas, Florida, Arizona, Illinois, and the Midwest. The company is headquartered in Arizona, which also serves as a central hub for corporate leadership and academic oversight.
While UTI does not maintain international campuses, its influence extends nationally through employer partnerships, manufacturer training programs, and a student population drawn from all U.S. regions. The Concorde campuses further extend the company’s footprint into urban and regional healthcare markets across multiple states.
Leadership & Governance
UTI is led by an executive team with experience in education services, operations, and regulated industries. Leadership emphasizes alignment with workforce demand, regulatory compliance, and measurable student outcomes as core elements of its strategic vision.
Key executives include:
- Jerome Grant – Chief Executive Officer
- Sherrell Dorsey – Chief Financial Officer
- Tracy Lorenz – President, UTI Division
- Craig Pintoff – Chief Operating Officer
- Michelle R. Wood – Chief Human Resources Officer
The company is governed by a board of directors overseeing strategy, risk management, and compliance, consistent with public company standards and reporting obligations under SEC filings.