Power transformer health index (PTHI) computation is performed based on the results of different tests, such as dissolved gas analysis (DGA), oil quality (OQ) evaluation, and depolarization factor (DP) testing. In this study, PTHI computation is performed using 631 dataset samples from Malaysia and 730 samples from the Gulf Region. A new model is proposed to predict the PTHI state by adopting intelligent classification methods (e.g., decision tree, support vector machine, k-nearest neighbor, and ensemble methods). The model is built via two-stage data processing. The first stage separates the test results into three modules that represent DGA, OQ, and DP factor codes. In the second stage, the output of the three modules is processed to predict the PTHI state. The four classification methods are applied to the proposed model, and the prediction accuracy of the PTHI state is determined. Results indicate that the proposed model has superior classification accuracy for each AI method compared with recent work. Furthermore, feature reductions are applied to minimize the testing time, effort, and costs. The reduced-feature models reveal the effectiveness of the adopted feature reduction technique. A slight difference in accuracy is observed between the full-and reduced-feature scenarios. Thus, the reduced-feature scenario is considered to decrease the effort and time of the computation process and the experimental cost. The proposed model is validated against uncertain noise in features of up to ±20%.