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Universal Technical Institute (Universal Technical Institute) Retained Earnings : $6.9 Mil (As of Dec. 2023)


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What is Universal Technical Institute Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Universal Technical Institute's retained earnings for the quarter that ended in Dec. 2023 was $6.9 Mil.

Universal Technical Institute's quarterly retained earnings increased from Jun. 2023 ($0.5 Mil) to Sep. 2023 ($5.9 Mil) and increased from Sep. 2023 ($5.9 Mil) to Dec. 2023 ($6.9 Mil).

Universal Technical Institute's annual retained earnings increased from Sep. 2021 ($-22.0 Mil) to Sep. 2022 ($-1.3 Mil) and increased from Sep. 2022 ($-1.3 Mil) to Sep. 2023 ($5.9 Mil).


Universal Technical Institute Retained Earnings Historical Data

The historical data trend for Universal Technical Institute's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Universal Technical Institute Retained Earnings Chart

Universal Technical Institute Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -44.67 -32.97 -22.00 -1.31 5.95

Universal Technical Institute Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 2.29 0.52 5.95 6.90

Universal Technical Institute Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Universal Technical Institute  (NYSE:UTI) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Universal Technical Institute (Universal Technical Institute) Business Description

Traded in Other Exchanges
Address
4225 East Windrose Drive, Suite 200, Phoenix, AZ, USA, 85032
Universal Technical Institute Inc is an educational institution. It provides undergraduate degree, as well as certificate programs for technicians in the automotive, diesel, collision repair, motorcycle and marine fields. The company's reportable segment includes Universal Technical Institute (UTI) and Concorde Career Colleges. Majority of the revenue is generated from UTI segment which provides different kinds of degree and non-degree transportation and skilled trades technical training programs under brands such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute and others. It also provides dealer technician training or instructor staffing services to manufacturers.
Executives
Troy R Anderson officer: EVP and CFO 16220 N SCOTTSDALE RD, SUITE 500, SCOTTSDALE AZ 85254
Loretta Lydia Sanchez director 4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Coliseum Capital Management, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Tracy Kay Lorenz officer: UTI Division President 4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Michael A. Slubowski director 4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Jami J. Frazier officer: Division President 4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Jerome Alan Grant officer: EVP & Chief Operating Officer 16220 N. SCOTTSDALE RD., SUITE 100, SCOTTSDALE AZ 85254
Shannon Lei Okinaka director C/O HAWAIIAN HOLDINGS, INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Kimberly J Mcwaters director, officer: CEO and President 20410 NORTH 19TH AVENUE, PHOENIX AZ 85027
Bart Fesperman officer: Chief Commercial Officer 4225 EAST WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Sonia Claire Mason officer: Chief Human Resources Officer 4225 EAST WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
George W. Brochick director 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Christopher E. Kevane officer: SVP Chief Legal Officer 9221 E. VIA DE VENTURA, SCOTTSDALE AZ 85258
Robert Thomas Devincenzi director 825 E MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Lori B Smith officer: SVP Chief Information Officer 16220 N SCOTTSDALE RD, SUITE 500, SCOTTSDALE AZ 85254