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Companies / Materials / Alto Ingredients, Inc.
ALTO

Alto Ingredients, Inc.

MaterialsChemicals
Ticker ALTOSACRAMENTO, CAFiscal year ends DecemberBook value per share $3.56Diluted shares 76.9M

Alto Ingredients (Nasdaq: ALTO) produces and distributes specialty alcohols, renewable fuels and essential ingredients for customers in health and personal care, food and beverage, industry and agriculture, and animal feed markets. Its products include pharmaceutical- and food-grade alcohols, fuel-grade ethanol,… From the company’s description.

Over the twelve months to Sep 30, 2026, Alto Ingredients, Inc. reported revenue of $960.23M, up 4.1% from a year earlier, and net income of $50.80M. Its operating margin was 2.7%, and operations generated $55.09M in cash. In fiscal 2025, it reported revenue of $917.93M, down 4.9% from fiscal 2024, and net income of $13.34M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$917.93MFY2025
−4.9% year over year
Last 12 mo $960.23M
0.80%FY2025
+6.2 percentage points
Last 12 mo 2.67%
$13.34MFY2025
+122.6% year over year
Last 12 mo $50.80M
5.78%FY2025
+21 percentage points
Last 12 mo 18.58%
Cash & financing
$13.24MFY2025
+476.2% year over year
Last 12 mo $55.09M
$8.65MFY2025
+159.3% year over year
Last 12 mo $37.26M
0.32FY2025
Was 0.41× a year earlier
Last 12 mo 0.20
75.7MFY2025
+3.0% year over year
Last 12 mo 76.9M

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 (Nasdaq: ALTO) produces and distributes specialty alcohols, renewable fuels and essential ingredients for customers in health and personal care, food and beverage, industry and agriculture, and animal feed markets. Its products include pharmaceutical- and food-grade alcohols, fuel-grade ethanol, yeast, protein meals, distillers grains, corn oil and carbon dioxide. Customers include spirits and food manufacturers, personal-care product companies, fuel blenders, feedlots and dairies, and global trading firms. The company reports three segments: Pekin production, which makes alcohols and essential ingredients at its Illinois campus; Western production, which makes renewable fuels and ingredients at facilities in Oregon and Idaho; and marketing and distribution, which sells company-produced products and third-party fuel ethanol. It also sells break-bulk alcohol through its Eagle Alcohol business. In 2025, Alto marketed and distributed about 350 million gallons of alcohols and more than 1.2 million tons of essential ingredients. Its five alcohol facilities have annual production capacity of up to 330 million gallons; its Magic Valley facility was cold-idled during 2025. Its website is http://www.altoingredients.com.

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

Financial performance, year by year

Fiscal 2011–2025 · USD
$-274.64M$245.43M$765.49M$1.29B$1.81B201120122013201420152016201720182019202020212022202320242025Last 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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  • “How do Alto Ingredients, Inc. and its peers compare on margins and cash generation over ten years?”
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