Company Overview
Alto Ingredients, Inc. produces, distributes, and markets specialty alcohols, renewable fuel, and essential ingredients in the United States. The company operates in three segments: Marketing and Distribution, Pekin Campus Production, and Western Production. It offers specialty alcohols used in mouthwash, cosmetics, pharmaceuticals, hand sanitizers, disinfectants, and cleaners for health, home, and beauty markets; grain neutral spirits used in alcoholic beverages and vinegar, as well as corn germ used in corn oils in the food and beverage markets; alcohols and other products for paint applications and fertilizers in the industrial and agriculture markets; and essential ingredients, including dried yeast, corn protein meal, corn protein feed, corn germ, distillers grains, and liquid feed for commercial animal feed and pet food applications, as well as yeast and gas liquid CO2 for human consumption. The company also provides fuel-grade ethanol used as transportation fuel additives and distillers corn oil used as a renewable diesel and biodiesel feedstock, as well as fuel-grade ethanol produced by third parties. In addition, it offers transportation, storage, and delivery services through third-party service providers. Further, the company operates alcohol production facilities. It sells ethanol to integrated oil companies and gasoline marketers; essential ingredient feed products to dairies and feedlots; and corn oil to poultry, renewable diesel, and biodiesel customers. The company was formerly known as Pacific Ethanol, Inc. and changed its name to Alto Ingredients, Inc. in January 2021. Alto Ingredients, Inc. was founded in 2003 and is headquartered in Pekin, Illinois.
Why Investors Should Care
Generates a return on equity of 22.2%, reflecting efficient use of shareholder capital.
Trades at a P/E of 6.1, below the sector median of 22.2.
Carries low leverage with a debt-to-equity ratio of 0.32.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $917.93M (-4.9% YoY); net profit $13.34M.
- Trailing 12 Months Year-on-year growth — revenue +12.5%.
- 5-Year Trend Long-term compounding — revenue CAGR 7.1%, profit CAGR -10.8%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 7.09% |
| 1 Year: | 12.50% |
Compounded Profit Growth
| 5 Years: | -10.79% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +287.26% |
| 6 Months: | -6.06% |
| 3 Months: | -27.09% |
| 1 Month: | -6.49% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMAAbove
- RSI (14)43.46 · Neutral
P/E of 6.13 is below the sector median of 22.16 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 22.2%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Earnings shrank at -10.8% CAGR over 5 years.
- Trading 31.5% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ALTO Alto Ingredients, Inc. | 4.11 | 6.13 | $318.80M | 0.00% | 2.23% | 22.23% | 7.09% | -10.79% |
| 2 | LIN Linde plc NDXSPXR3K | 468.38 | 30.22 | $215.91B | 1.40% | 12.46% | 18.40% | 13.90% | 18.47% |
| 3 | SCCO Southern Copper Corporation R3K | 208.56 | 31.27 | $176.10B | 2.24% | 36.40% | 49.90% | 8.32% | 3.80% |
| 4 | NEM Newmont Corporation SPXR3K | 127.09 | 16.01 | $133.91B | 0.84% | - | 25.91% | 6.53% | 20.15% |
| 5 | RIO Rio Tinto Group | 103.83 | 14.07 | $130.27B | 4.78% | 13.65% | 19.31% | 1.24% | -7.00% |
| 6 | FCX Freeport-McMoRan Inc. SPXR3K | 76.62 | 37.56 | $110.03B | 0.78% | 12.50% | 14.75% | 1.35% | -1.26% |
| 7 | AEM Agnico Eagle Mines Limited | 201.84 | 17.27 | $102.20B | 0.88% | 19.78% | 22.97% | 27.53% | 88.11% |
| 8 | SHW The Sherwin-Williams Company SPXR3K | 326.09 | 30.05 | $79.16B | 1.00% | 21.93% | 65.12% | 6.18% | 8.26% |
| 9 | ECL Ecolab Inc. SPXR3K | 278.11 | 37.33 | $77.96B | 1.05% | 15.10% | 21.96% | 6.55% | 9.74% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | 342.37M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 218.73M | 298.11M | 305.56M | 308.12M | 362.19M | 336.88M | 313.89M | 317.30M | 318.13M | 240.63M | 236.47M | 251.81M | - | 226.54M | 218.44M | 240.99M | 231.97M | 224.68M | 245.70M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 228.35M | 220.37M | 217.49M | 216.80M | 215.46M | - |
| Gross Profit | -7.38M | 9.52M | 1.67M | 18.36M | 7.02M | 27.31M | -5.77M | 1.65M | 12.06M | -2.01M | 3.36M | -1.27M | 3.77M | -21.02M | -2.29M | 3.97M | -14.82M | 3.20M | -12.89M | 31.18M | 20.93M | 13.84M | 15.23M | -3.40M | 4.77M | 8.84M | -19.84M | -3.16M | 17.18M | 4.16M | -2.40M | 7.55M | 5.96M | - | -1.81M | -1.94M | 23.49M | 15.16M | 9.22M | 16.64M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.19M | 6.17M | 6.51M | -167.00K | 2.80M | - |
| Operating Income | -14.83M | 485.00K | -7.25M | 11.56M | 393.00K | 18.81M | -11.22M | -7.11M | 3.35M | -10.60M | -5.95M | -10.17M | -5.20M | -30.21M | -10.52M | -2.74M | -23.50M | -37.92M | -23.10M | 22.55M | 26.28M | 5.62M | 6.10M | -8.93M | -2.86M | -152.00K | -27.24M | -11.62M | 9.27M | -4.33M | -10.33M | -1.41M | -720.00K | - | -9.00M | -8.11M | 16.98M | 15.33M | 6.42M | 8.62M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2.68M | -1.82M | 23.27M | 29.94M | 12.84M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.73M | 2.81M | 2.80M | 2.42M | 2.20M | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -11.68M | -11.00M | 14.21M | 21.18M | 4.27M | - |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | -621.00K | 0 | - |
| Net Income | -14.66M | -753.00K | -13.23M | 5.09M | -3.52M | 13.08M | -12.64M | -8.84M | -202.00K | -13.29M | -7.84M | -12.91M | -7.51M | -32.01M | -12.89M | -7.65M | -27.33M | -41.09M | -25.10M | 14.96M | 15.21M | 4.68M | 8.39M | -3.13M | -2.60M | 22.11M | -28.04M | -13.17M | 7.59M | -3.49M | -11.72M | -3.11M | -2.44M | - | -11.68M | -11.00M | 14.21M | 21.81M | 4.27M | 11.70M |
| Diluted EPS | -0.36 | -0.03 | -0.32 | 0.11 | -0.09 | 0.30 | -0.31 | -0.22 | - | - | -0.19 | -0.31 | - | - | - | - | -0.58 | - | -0.47 | 0.27 | 0.24 | 0.06 | 0.11 | -0.05 | -0.04 | 0.29 | -0.39 | -0.18 | 0.10 | -0.05 | -0.17 | -0.05 | -0.04 | - | -0.16 | -0.15 | 0.19 | 0.28 | 0.05 | 0.15 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 328.33M | 901.19M | 816.04M | 911.79M | 1.11B | 1.20B | 1.62B | 1.63B | 1.52B | 1.42B | 897.02M | 1.21B | 1.34B | 1.22B | 965.26M | 917.93M |
| Gross Profit | -811.00K | 19.40M | -19.52M | 32.93M | 108.48M | 10.37M | 54.36M | 5.93M | -15.16M | -9.94M | 52.86M | 67.78M | -27.55M | 15.65M | 9.72M | 34.91M |
| Operating Income | -13.77M | 3.97M | -31.66M | 18.91M | 91.38M | -17.97M | 23.51M | -25.59M | -51.54M | -74.68M | 9.85M | 40.07M | -61.36M | -23.85M | -51.67M | 7.36M |
| Net Income | 73.89M | 3.07M | -19.06M | -781.00K | 21.29M | -18.79M | 1.42M | -34.96M | -60.27M | -88.95M | -15.12M | 46.08M | -41.60M | -28.00M | -58.98M | 13.34M |
| Diluted EPS | 5.57 | 0.05 | -2.81 | -0.17 | 0.86 | -0.60 | 0.00 | -0.85 | -1.42 | -1.90 | -0.28 | 0.61 | -0.60 | -0.40 | -0.82 | 0.16 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | 234.08M | 232.48M | 214.96M | 241.05M | 297.90M | 674.68M | 708.24M | 720.30M | 659.98M | 612.50M | 476.82M | 484.95M | 478.32M | 454.24M | 401.44M | 388.79M |
| Total Equity | -57.80M | -7.16M | 46.97M | 52.56M | 89.22M | 213.51M | 371.54M | 387.89M | 356.44M | 319.37M | 227.04M | 296.24M | 345.21M | 308.09M | 279.56M | 225.06M | 245.24M |
| Cash & Equivalents | 17.55M | 8.74M | 8.91M | 7.59M | 5.15M | 62.07M | 51.55M | 64.26M | 49.49M | 26.63M | 19.00M | 47.67M | 50.61M | 36.46M | 30.01M | 35.47M | 23.41M |
| Long Term Debt | - | 84.98M | 93.69M | 117.25M | 98.41M | 34.53M | 203.86M | 188.03M | 221.09M | 84.77M | 180.79M | 71.81M | 50.36M | 68.36M | 82.10M | 92.90M | 63.03M |
| Total Liabilities | - | 146.27M | 113.21M | 142.06M | 146.15M | 79.91M | 303.14M | 289.98M | 336.60M | 340.62M | 385.45M | 180.58M | 139.74M | 170.23M | 174.68M | 176.38M | 143.54M |
| Current Liabilities | - | 47.83M | 16.30M | 12.41M | 28.22M | 25.45M | 72.91M | 78.84M | 90.71M | 231.86M | 160.40M | 86.93M | 69.60M | 78.02M | 65.29M | 57.80M | 59.07M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -36.92M | -3.95M | -20.85M | - | - | -27.99M | 37.23M | 36.51M | 1.57M | -31.23M | 71.68M | 26.82M | 6.05M | 22.02M | -3.52M | 13.24M |
| Investing Cash Flow | -13.42M | -11.48M | -12.27M | - | - | -6.33M | -14.60M | -50.44M | -15.15M | -3.28M | 23.32M | 27.12M | -37.66M | -33.03M | -13.47M | -7.43M |
| Financing Cash Flow | 41.54M | 15.61M | 31.79M | - | - | 23.80M | -9.92M | -839.00K | -9.27M | 19.01M | -66.42M | -40.00M | 19.01M | 6.96M | 7.72M | -16.36M |
| Capital Expenditure | -643.00K | -2.37M | -2.27M | -3.99M | -13.26M | -20.51M | -19.17M | -20.87M | -15.15M | -3.28M | -6.58M | -16.38M | -37.74M | -29.53M | -11.07M | -4.60M |
| Free Cash Flow | -37.56M | -6.32M | -23.12M | - | - | -48.50M | 18.06M | 15.64M | -13.59M | -34.51M | 65.10M | 10.44M | -31.70M | -7.51M | -14.59M | 8.65M |
| Share Buybacks | - | - | - | - | - | - | - | - | - | - | - | - | 1.32M | 3.67M | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | -0.2% | 2.2% | -2.4% | 3.6% | 9.8% | 0.9% | 3.3% | 0.4% | -1.0% | -0.7% | 5.9% | 5.6% | -2.1% | 1.3% | 1.0% | 3.8% |
| Operating Margin % | -4.2% | 0.4% | -3.9% | 2.1% | 8.3% | -1.5% | 1.4% | -1.6% | -3.4% | -5.2% | 1.1% | 3.3% | -4.6% | -2.0% | -5.4% | 0.8% |
| Net Margin % | 22.5% | 0.3% | -2.3% | -0.1% | 1.9% | -1.6% | 0.1% | -2.1% | -4.0% | -6.2% | -1.7% | 3.8% | -3.1% | -2.3% | -6.1% | 1.5% |
| ROE % | -1,032.4% | 6.5% | -36.3% | -0.9% | 10.0% | -5.1% | 0.4% | -9.8% | -18.9% | -39.2% | -5.1% | 13.3% | -13.5% | -10.0% | -26.2% | 5.4% |
| ROCE % | -7.4% | 1.8% | -15.6% | 8.9% | 33.5% | -3.0% | 3.7% | -4.1% | -12.0% | -16.5% | 2.5% | 9.6% | -15.3% | -6.1% | -15.0% | 2.2% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 7.08% | 5.50M | $21.98M |
| 2 | Vanguard Capital Management LLC | 4.14% | 3.21M | $12.85M |
| 3 | Arrowstreet Capital, Limited Partnership | 2.94% | 2.28M | $9.12M |
| 4 | Acadian Asset Management. LLC | 2.64% | 2.05M | $8.19M |
| 5 | Geode Capital Management, LLC | 2.55% | 1.98M | $7.92M |
| 6 | Hillsdale Investment Management Inc. | 2.20% | 1.70M | $6.81M |
| 7 | Renaissance Technologies, LLC | 1.96% | 1.52M | $6.07M |
| 8 | State Street Corporation | 1.59% | 1.23M | $4.92M |
| 9 | Two Sigma Investments, LP | 1.55% | 1.20M | $4.80M |
| 10 | Dimensional Fund Advisors LP | 1.47% | 1.14M | $4.57M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ALTO
Will Alto Ingredients' Higher Maintenance Costs Pressure Margins?
ALTO's second-quarter gross profit rebounds on stronger crush margins and lower utilities, but $2M more in maintenance costs partly offset the gains.
Alto Ingredients vs. Green Plains: Which Ethanol Stock Is Better?
ALTO and GPRE are pursuing different biofuel strategies as ethanol producers navigate corn prices, policy shifts and low-carbon demand.
Can Alto Ingredients Sustain Gains as Alcohol Premiums Narrow?
ALTO's higher alcohol volumes and hedging cushioned narrower premiums, but softer pricing remains a key profitability watchpoint.
Alto (ALTO) Q2 2026 Earnings Call Transcript
Ethanol producer posts fourth consecutive profitable quarter on stronger margins and tax credits.
Can 45Z Tax Credits Become Alto Ingredients' Next Earnings Driver?
ALTO's 45Z tax credits are contributing to earnings as it works to expand eligible production and lower carbon intensity.
Why Does Alto Ingredients' Q2 EBITDA Surge Signal a Turnaround?
ALTO's stronger margins, lower corn costs and tax-credit gains extended its operating recovery in the second quarter.
ALTO — Frequently Asked Questions
What is the current share price of Alto Ingredients, Inc. (ALTO)?
As of 2026-09-19 21:16 PDT, Alto Ingredients, Inc. (ALTO) trades at $4.11 on NasdaqCM. Its 52-week range is $0.92 to $5.99.
What is the market capitalisation of ALTO?
Alto Ingredients, Inc. (ALTO) has a market capitalisation of $318.80M on NasdaqCM.
What is the P/E ratio of ALTO?
ALTO trades at a trailing price-to-earnings (P/E) ratio of 6.13. The industry average P/E is 22.16. Its price-to-book (P/B) ratio is 1.20.
What is the return on equity (ROE) of ALTO?
ALTO has a return on equity (ROE) of 22.23%. Its return on capital employed (ROCE) is 2.23%.
Is ALTO a good stock to buy?
This page provides a data-driven analysis of Alto Ingredients, Inc. (ALTO), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.