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Companies / Materials / Alto Ingredients, Inc.
ALTO

Alto Ingredients, Inc.

MaterialsChemicals
Ticker ALTOSACRAMENTO, CAFiscal year ends DecemberBook value per share $3.39Diluted shares 76.6M

Alto Ingredients, Inc. (Nasdaq Capital Market: ALTO) operates as a leading producer and distributor of specialty alcohols, renewable fuels, and essential ingredients in the United States. The company maintains its website at http://www.altoingredients.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$917.93M
−4.9% year over year
Last 12 mo $943.33M
0.80%
+6.2 percentage points
Last 12 mo 3.77%
$13.34M
+122.6% year over year
Last 12 mo $51.99M
5.78%
+21.1 percentage points
Last 12 mo 20.00%
Cash & financing
$13.24M
+476.2% year over year
Last 12 mo $65.01M
$8.65M
+159.3% year over year
Last 12 mo $49.94M
0.32
Was 0.41× a year earlier
Last 12 mo 0.23
75.7M
+3.0% year over year
Last 12 mo 76.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Alto Ingredients, Inc. does

In the company’s own words

Alto Ingredients, Inc. (Nasdaq Capital Market: ALTO) operates as a leading producer and distributor of specialty alcohols, renewable fuels, and essential ingredients in the United States. The company maintains its website at http://www.altoingredients.com.

Alto Ingredients operates five alcohol production facilities strategically located across the country: three integrated facilities at its Pekin Campus in Illinois, one facility in Oregon, and one facility in Idaho. The company maintains an annual alcohol production capacity of 330 million gallons, with the ability to produce up to 110 million gallons annually of specialty alcohols depending on product mix. Additionally, Alto operates a liquid carbon dioxide production facility adjacent to its Oregon plant.

The company's business is organized into three reportable segments. The Pekin production segment encompasses alcohol and essential ingredient production at the Illinois facilities. The Western production segment includes renewable fuel and essential ingredient production at the Oregon and Idaho facilities. The marketing and distribution segment handles sales of company-produced alcohols and essential ingredients alongside fuel-grade ethanol sourced from third parties.

Alto's product portfolio spans five key markets: Health, Home & Beauty; Food & Beverage; Industry & Agriculture; Essential Ingredients; and Renewable Fuels. Specialty alcohol products serve applications in pharmaceuticals, cosmetics, hand sanitizers, and beverages. Essential ingredients include dried yeast, corn protein meal, distillers grains, and liquid carbon dioxide. The company markets approximately 350 million gallons of alcohols annually and over 1.2 million tons of essential ingredients.

The company employs approximately 390 full-time employees, with roughly 51 percent represented by labor unions. Alto maintains extensive customer relationships domestically and internationally, serving producers of consumer health products, distilled spirits manufacturers, food companies, and integrated oil companies. The company's largest customer, Chevron Products USA, represented approximately 9 percent of net sales in 2025.

Alto's competitive strengths include strong customer and supplier relationships, diverse product offerings across multiple quality grades, significant barriers to entry through specialized equipment and quality certifications, experienced management, and advantageous logistics access via rail, truck, and barge from its Midwest location.

Company details
Sector
Materials
Industry
Chemicals
Headquarters
SACRAMENTO, CA
Fiscal year end
December
CIK
778164
SIC
2860

Financial performance, year by year

Fiscal 2013–2025 · USD
$-274.64M$245.43M$765.49M$1.29B$1.81B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Alto Ingredients, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

98
funds hold it
0 of 35
superinvestors hold it
$54.67M
held by funds, at market
12.5%
of shares held by funds

Largest fund holders · Alto Ingredients, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 Value ETF
IWN · iShares Trust
0.03%of fund net assets
0.11%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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