A utility knife is provided that has an elongated main body portion and a head assembly that is separate from the main body portion. The main body portion has a handle assembly. A main body fastening mechanism is provided at one distal end of the handle assembly, and a handle assembly fastening mechanism is provided at one end of the handle assembly. A threaded pin pivotally fastens the main body portion to the head assembly by connecting the main body fastening mechanism to the handle assembly fastening mechanism. Accordingly, the head assembly can pivot with respect to the main body portion and handle assembly, so that the utility knife can be configured to cut an object at different angles, which can be particularly useful for the knife to fit in a tight cutting space.