ITT Educational Services

ITT Educational Services, Inc. (NYSE: ESI) provides accredited, technology-oriented undergraduate and graduate degree programs through its ITT Technical Institutes and Daniel Webster College to help students develop skills and knowledge they need to pursue career opportunities in a variety of fields. It owns and operates more than 130 ITT Technical Institutes and Daniel Webster College. ITT/ESI serves over 50,000 students at its campuses in 38 states and online. Headquartered in Carmel, Ind., it has been actively involved in the higher education community since 1969.
Company Growth (employees)
Type
Private
HQ
Carmel, US
Founded
1969
Size (employees)
4,100 (est)
Website
ittesi.com
ITT Educational Services was founded in 1969 and is headquartered in Carmel, US

ITT Educational Services Office Locations

ITT Educational Services has an office in Carmel
Carmel, US (HQ)
13000 N Meridian St

ITT Educational Services Data and Metrics

Summary Metrics

Founding Date

1969

ITT Educational Services Financial Metrics

ITT Educational Services's revenue was reported to be $849.8 m in FY, 2015 which is a 12% decrease from the previous period.
USD

Revenue (FY, 2015)

849.8 m

Revenue growth (FY, 2014 - FY, 2015), %

(12%)

Net income (FY, 2015)

23.3 m

EBIT (FY, 2015)

79.2 m

Cash (31-Dec-2015)

130.9 m
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

Revenue

961.8 m849.8 m

Revenue growth, %

(12%)

EBIT

61.3 m79.2 m

EBIT margin, %

6%9%

Interest income

65 k86 k

Net Income

(27 m)29.3 m23.3 m
USDY, 2009Y, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015

Cash

128.8 m157.7 m223.8 m243.5 m215.8 m135.9 m130.9 m

Accounts Receivable

72 m

Inventories

57.9 m22.4 m

Current Assets

291.4 m243.1 m

PP&E

157.1 m142.2 m

Total Assets

749.2 m664 m

Accounts Payable

67.8 m59.8 m

Current Liabilities

322.6 m330.1 m

Additional Paid-in Capital

198.9 m181.2 m

Retained Earnings

969.7 m987.2 m

Total Equity

148 m161.1 m

Financial Leverage

5.1 x4.1 x
USDFY, 2013FY, 2014FY, 2015

Net Income

(27 m)29.3 m23.3 m

Depreciation and Amortization

27.3 m26.5 m22 m

Accounts Receivable

(87.2 m)(10 m)(37.6 m)

Accounts Payable

(5.6 m)9.6 m(9.4 m)

Cash From Operating Activities

77.7 m(79.8 m)(5 m)

Capital Expenditures

(7.4 m)

Cash From Investing Activities

(13.1 m)(100.3 m)(641 k)

Cash From Financing Activities

(92.3 m)(116.3 m)(81.1 m)

Interest Paid

3.3 m20.9 m23.3 m

Income Taxes Paid

61.1 m14.5 m(17.4 m)

Free Cash Flow

(12.4 m)
USDY, 2015

Revenue/Employee

200 k

Financial Leverage

4.1 x

ITT Educational Services Median Salaries

Source: 16 public H-1B filings from ITT Educational Services

Traffic Overview of ITT Educational Services

ITT Educational Services Online and Social Media Presence

ITT Educational Services News and Updates

Fair Game: Student Victims Seek to Become Creditors in ITT Bankruptcy

Five former ITT students took matters into their own hands this week by petitioning a federal bankruptcy court to consider loan forgiveness as part of the company’s liquidation.

Former ITT Tech students fight for some money in the company's bankruptcy case

Creditors, federal regulators, state attorneys general and jilted employees of ITT Educational Services Inc. have laid claim to the remaining assets of one of the nation's largest for-profit college operators in bankruptcy court. Absent from the line of those seeking redress, however, are the th…

Cost of College: With Trump, Investors See Profits Again in For-Profit Colleges

Stock prices of the companies rose sharply after the election, perhaps because of an expectation of less regulation.

Here’s Why For-Profit Colleges Could Prosper Under Donald Trump

Stocks in several for-profit education companies rose some 14% last week.

Fair Game: A Whistle Was Blown on ITT; 17 Years Later, It Collapsed

In the interim, the for-profit education company made billions off federal student aid, while students amassed mountains of debt and few job prospects.

Government Moves to Close a Watchdog of For-Profit Colleges

The Education Department said a staff report found a body that had overseen failing institutions like Corinthian Colleges and ITT had fallen short.
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ITT Educational Services Company Life and Culture

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