Alto Ingredients, Inc. logo

Alto Ingredients, Inc.

ALTO

NASDAQBasic MaterialsChemicals - Specialty

Previous close

$4.38

+$0.20 · +4.78%

Aug 21, 4:00 PM ET

ALTO company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

83

Deep Value

Momentum

65

Gaining

Sentiment

77

Bullish

Risk resilience

62

Moderate Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Alto Ingredients, Inc., operating within the United States, specializes in the production and commercialization of both specialty alcohols and various essential ingredients. Its operations are structured into three distinct segments: Marketing and Distribution, Pekin Production, and Other Production. The company's diverse product portfolio includes a range of specialty alcohols, which find applications across the health, home, and beauty sectors. These alcohols are key components in products such as mouthwash, cosmetics, pharmaceuticals, hand sanitizers, disinfectants, and various cleaning solutions. Additionally, Alto Ingredients supplies grain neutral spirits, vital for alcoholic beverages, flavor extracts, and vinegar production. It also provides corn germ for corn oil manufacturing and carbon dioxide, primarily serving the food and beverage industries. Its essential ingredients segment encompasses a variety of products critical for commercial animal feed and pet food formulations, including dried yeast, corn gluten meal, corn gluten feed, distillers grains, and liquid feed. Furthermore, the company is a supplier of fuel-grade ethanol, primarily utilized as a transportation fuel, and distillers corn oil, which serves as a feedstock for biodiesel production. Notably, some of the fuel-grade ethanol it offers is sourced from third-party producers. Beyond manufacturing, Alto Ingredients facilitates transportation, storage, and delivery services for its products, leveraging a network of third-party service providers. Its diverse customer base includes integrated oil companies and gasoline marketers for its ethanol products; dairies and feedlots for essential ingredient feedstuffs; and poultry and biodiesel manufacturers for its corn oil. The company boasts five alcohol production facilities: three strategically located in the Midwestern state of Illinois, and two further west in Oregon and Idaho. Headquartered in Pekin, Illinois, Alto Ingredients, Inc. was established in 2003. The company underwent a significant rebranding in January 2021, changing its name from its former identity, Pacific Ethanol, Inc.

Industry
Chemicals - Specialty
Sector
Basic Materials
Headquarters
US
CEO
Bryon T. McGregor
Listed since
Mar 24, 2005
Employees
390

Market position

Day range

Current $4.38

52-week range

Current $4.38

Open
$4.26
Previous close
$4.18
Volume
1.94M
0.85× average
Average volume
2.29M
Average daily volume
Market cap
339.38M USD
Beta
0.19
Market reference 1
50-day average
$5.0014
-12.42% below average
200-day average
$3.9318
+11.40% above average

Financials

Financial snapshot

Latest / TTM

Financial health

Altman Z-score
1.81
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends7%2%-3%-7%Gross margin, FY2021: 5.61%Gross margin, FY2022: -2.06%Gross margin, FY2023: 1.28%Gross margin, FY2024: 1.01%Gross margin, FY2025: 2.92%Operating margin, FY2021: 3.32%Operating margin, FY2022: -4.59%Operating margin, FY2023: -1.95%Operating margin, FY2024: -5.35%Operating margin, FY2025: 0.78%Net margin, FY2021: 3.82%Net margin, FY2022: -3.11%Net margin, FY2023: -2.29%Net margin, FY2024: -6.11%Net margin, FY2025: 1.45%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 5.61%. Gross margin FY2022 -2.06%. Gross margin FY2023 1.28%. Gross margin FY2024 1.01%. Gross margin FY2025 2.92%. Operating margin FY2021 3.32%. Operating margin FY2022 -4.59%. Operating margin FY2023 -1.95%. Operating margin FY2024 -5.35%. Operating margin FY2025 0.78%. Net margin FY2021 3.82%. Net margin FY2022 -3.11%. Net margin FY2023 -2.29%. Net margin FY2024 -6.11%. Net margin FY2025 1.45%.

Income trends

Revenue

917.93M USD-4.90%

Operating income

7.14M USD+58.81M USD

Net income

13.34M USD+72.32M USD
Income trends across reported periods1.48B USD916.53M USD357.74M USD−201.06M USDRevenue, FY2021: 1.21B USDRevenue, FY2022: 1.34B USDRevenue, FY2023: 1.22B USDRevenue, FY2024: 965.26M USDRevenue, FY2025: 917.93M USDOperating income, FY2021: 40.07M USDOperating income, FY2022: −61.36M USDOperating income, FY2023: −23.85M USDOperating income, FY2024: −51.68M USDOperating income, FY2025: 7.14M USDNet income, FY2021: 46.08M USDNet income, FY2022: −41.6M USDNet income, FY2023: −28.01M USDNet income, FY2024: −58.98M USDNet income, FY2025: 13.34M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.21B USD. Revenue FY2022 1.34B USD. Revenue FY2023 1.22B USD. Revenue FY2024 965.26M USD. Revenue FY2025 917.93M USD. Operating income FY2021 40.07M USD. Operating income FY2022 −61.36M USD. Operating income FY2023 −23.85M USD. Operating income FY2024 −51.68M USD. Operating income FY2025 7.14M USD. Net income FY2021 46.08M USD. Net income FY2022 −41.6M USD. Net income FY2023 −28.01M USD. Net income FY2024 −58.98M USD. Net income FY2025 13.34M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue917.93M USD965.26M USD1.22B USD1.34B USD1.21B USD
Cost of goods sold891.08M USD955.54M USD1.21B USD1.36B USD1.14B USD
Gross profit26.85M USD9.72M USD15.65M USD−27.55M USD67.78M USD
Selling, general, and administrative27.21M USD29.74M USD32.66M USD28.08M USD29.19M USD
Operating expenses19.71M USD61.4M USD39.5M USD33.81M USD27.71M USD
Interest expense10.77M USD7.64M USD7.43M USD1.83M USD3.59M USD
Depreciation and amortization25.22M USD24.41M USD23.08M USD25.1M USD23.29M USD
Operating income7.14M USD−51.68M USD−23.85M USD−61.36M USD40.07M USD
Net income13.34M USD−58.98M USD−28.01M USD−41.6M USD46.08M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
+76.89%
11 comparable reports
Latest EPS result
0.15
Estimate 0.08 · Beat by 78.89%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.350.02-0.31-0.64Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 5, 2025: actual -0.57, estimate -0.11, surprise -418.18%, Miss. Q2 2025, reported May 7, 2025: actual -0.16, estimate -0.15, surprise -6.67%, Miss. Q3 2025, reported Aug 6, 2025: actual -0.15, estimate -0.18, surprise +16.67%, Beat. Q4 2025, reported Nov 5, 2025: actual 0.19, estimate -0.06, surprise +416.67%, Beat. Q1 2026, reported Mar 4, 2026: actual 0.28, estimate 0.02, surprise +1300.00%, Beat. Q2 2026, reported May 6, 2026: actual 0.05, estimate -0.08, surprise +162.50%, Beat. Q3 2026, reported Aug 5, 2026: actual 0.15, estimate 0.084, surprise +78.89%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.07, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates258.44M240.86M223.29M205.71MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 5, 2025: actual 236.35M USD, estimate 222.8M USD, surprise +6.08%, Beat. Q2 2025, reported May 7, 2025: actual 226.54M USD, estimate 222.19M USD, surprise +1.96%, Beat. Q3 2025, reported Aug 6, 2025: actual 218.44M USD, estimate 223.61M USD, surprise -2.31%, Miss. Q4 2025, reported Nov 5, 2025: actual 240.99M USD, estimate 234.83M USD, surprise +2.62%, Beat. Q1 2026, reported Mar 4, 2026: actual 231.97M USD, estimate 234.85M USD, surprise -1.23%, Miss. Q2 2026, reported May 6, 2026: actual 224.68M USD, estimate 215.65M USD, surprise +4.19%, Beat. Q3 2026, reported Aug 5, 2026: actual 245.7M USD, estimate 231.24M USD, surprise +6.25%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 248.5M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$10.00

128.31% upside
Past 12 months12-month forecastHigh $10.00Average $10.00Low $10.00

Recent analyst actions

2 institutions
Craig-HallummaintainBuy

ALTO peers

ETFs holding ALTO

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research ALTO

research.disclaimer