Alto Ingredients, Inc. (ALTO) Key Metrics
ALTO valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $267.6M
- Enterprise value
- $355.3M
- P/E (TTM)
- 5.1 10-yr median 16.3
- Forward P/E
- 13.6
- PEG ratio
- 0.80
- Price / sales
- 0.3 10-yr median 0.2
- Price / book
- 1.1 10-yr median 0.7
- EV / EBITDA
- 4.1 10-yr median 10.8
- Dividend yield
- —
- Beta
- 0.15
ALTO key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsALTO valuation Price multiples at each fiscal year-end price.
ALTO returns How much profit the business earns on the capital it uses.
ALTO per-share figures Results divided by the shares outstanding at year-end.
ALTO financial health Debt, liquidity and how easily interest is covered.
ALTO efficiency & capital use Working capital cycle and where the cash goes.
ALTO valuation history
ALTO returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ALTO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ALTO cash returned to shareholders
ALTO price vs earnings per share
ALTO key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $217.9M | $114.6M | $195.1M | $207.2M | $347.4M | $318.2M | $30.8M | $37.3M | $194.5M | $401.4M |
| Enterprise value | $289.8M | $193.8M | $270.5M | $258.0M | $360.4M | $378.8M | $280.2M | $242.2M | $386.8M | $537.0M |
| P/E ratio | 16.3 | — | — | — | 7.5 | — | — | — | — | 282.9 |
| Price / sales | 0.2 | 0.1 | 0.2 | 0.2 | 0.3 | 0.4 | 0.0 | 0.0 | 0.1 | 0.2 |
| Price / book | 0.9 | 0.5 | 0.7 | 0.7 | 1.0 | 1.1 | 0.1 | 0.1 | 0.5 | 1.0 |
| Price / free cash flow | 25.2 | — | — | — | 33.3 | 4.9 | — | — | 12.4 | 18.9 |
| Price / operating cash flow | 16.5 | — | 8.9 | 34.3 | 13.0 | 4.4 | — | 23.8 | 5.3 | 9.9 |
| EV / sales | 0.3 | 0.2 | 0.2 | 0.2 | 0.3 | 0.4 | 0.2 | 0.2 | 0.2 | 0.3 |
| EV / EBITDA | 6.0 | — | 104.2 | — | 4.8 | 12.3 | — | — | 29.3 | 9.3 |
| EV / free cash flow | 33.5 | — | — | — | 34.5 | 5.8 | — | — | 24.7 | 25.3 |
| Earnings yield | 6.1% | −51.5% | −14.4% | −20.1% | 13.3% | −4.7% | −288.8% | −161.6% | −18.0% | 0.4% |
| Free cash flow yield | 4.0% | −12.7% | −3.8% | −15.3% | 3.0% | 20.5% | −86.5% | −36.4% | 8.0% | 5.3% |
| Dividend yield | 0.6% | 1.1% | 0.6% | 0.6% | 0.8% | 0.9% | 3.1% | 3.4% | 0.7% | 0.3% |
| Shareholder yield (dividends + buybacks) | 0.6% | 1.1% | 2.5% | 1.3% | 0.8% | 0.9% | 3.1% | 3.4% | 0.7% | 0.3% |
| Share price at fiscal year-end | $2.88 | $1.56 | $2.66 | $2.88 | $4.81 | $5.43 | $0.65 | $0.86 | $4.55 | $9.50 |
| Per share | ||||||||||
| Revenue per share | $12.13 | $13.14 | $16.68 | $18.56 | $16.73 | $15.31 | $30.07 | $34.94 | $38.19 | $38.45 |
| Earnings per share | $0.18 | −$0.80 | −$0.38 | −$0.58 | $0.64 | −$0.26 | −$1.88 | −$1.39 | −$0.82 | $0.03 |
| Operating cash flow per share | $0.18 | −$0.05 | $0.30 | $0.08 | $0.37 | $1.22 | −$0.49 | $0.04 | $0.85 | $0.96 |
| Free cash flow per share | $0.11 | −$0.20 | −$0.10 | −$0.44 | $0.14 | $1.11 | −$0.56 | −$0.31 | $0.37 | $0.50 |
| Cash per share | $0.34 | $0.48 | $0.41 | $0.51 | $0.70 | $0.81 | $0.40 | $0.61 | $1.16 | $1.52 |
| Book value per share | $3.24 | $3.06 | $3.81 | $4.28 | $4.78 | $5.05 | $4.64 | $6.91 | $8.34 | $9.18 |
| Tangible book value per share | $3.14 | $3.00 | $3.70 | $4.07 | $4.74 | $5.01 | $4.58 | $6.85 | $8.28 | $9.12 |
| Dividends per share | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.05 | $0.02 | $0.03 | $0.03 | $0.03 |
| Capex per share | $0.06 | $0.15 | $0.40 | $0.52 | $0.23 | $0.11 | $0.07 | $0.35 | $0.49 | $0.45 |
| Debt per share | $1.29 | $1.56 | $1.44 | $1.21 | $0.88 | $1.85 | $5.66 | $5.34 | $5.66 | $4.73 |
| Shares outstanding | 75.7M | 73.5M | 73.3M | 71.9M | 72.2M | 58.6M | 47.4M | 43.4M | 42.7M | 42.3M |
| Change in shares outstanding | +3.0% | +0.2% | +1.9% | −0.4% | +23.2% | +23.7% | +9.2% | +1.5% | +1.2% | +27.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 5.7% | −23.4% | −9.5% | −12.7% | 14.4% | −5.9% | −34.2% | −18.4% | −9.4% | 0.4% |
| Return on invested capital (ROIC) | 2.3% | −12.4% | −5.3% | −13.5% | 10.9% | 1.9% | −12.1% | −7.7% | −3.8% | 4.4% |
| Return on assets (ROA) | 3.4% | −13.8% | −6.0% | −8.6% | 9.6% | −2.8% | −14.0% | −8.7% | −4.9% | 0.2% |
| Return on tangible assets | 3.5% | −14.9% | −6.3% | −9.0% | 9.6% | −3.2% | −14.6% | −9.2% | −4.9% | 0.2% |
| Free cash flow margin | 0.9% | −1.5% | −0.6% | −2.4% | 0.9% | 7.3% | −1.9% | −0.9% | 1.0% | 1.3% |
| Income quality (OCF / net income) | 0.99 | — | — | — | 0.58 | — | — | — | — | 28.47 |
| Financial health | ||||||||||
| Total debt | $97.6M | $114.7M | $105.5M | $87.3M | $63.7M | $108.2M | $268.4M | $231.6M | $241.8M | $199.9M |
| Cash & short-term investments | $25.7M | $35.5M | $30.0M | $36.5M | $50.6M | $47.7M | $19.0M | $26.6M | $49.5M | $64.3M |
| Net debt | $71.9M | $79.2M | $75.4M | $50.8M | $13.0M | $60.6M | $249.4M | $204.9M | $192.3M | $135.6M |
| Debt / equity | 0.40 | 0.51 | 0.38 | 0.28 | 0.18 | 0.37 | 1.22 | 0.77 | 0.68 | 0.52 |
| Debt / assets | 0.25 | 0.29 | 0.23 | 0.18 | 0.13 | 0.23 | 0.44 | 0.35 | 0.34 | 0.28 |
| Net debt / EBITDA | 1.48 | — | 29.05 | — | 0.18 | 1.96 | — | — | 14.58 | 2.34 |
| Current ratio | 2.64 | 2.65 | 2.59 | 2.55 | 3.30 | 2.46 | 1.45 | 0.73 | 2.24 | 2.98 |
| Quick ratio | 1.60 | 1.79 | 1.78 | 1.70 | 2.52 | 2.03 | 1.07 | 0.48 | 1.56 | 2.22 |
| Interest coverage | 0.7 | -6.8 | -3.2 | -33.6 | 11.2 | 0.5 | -3.7 | -3.0 | -2.0 | 1.0 |
| Working capital | $96.8M | $95.3M | $103.5M | $121.1M | $159.9M | $127.1M | $71.7M | −$63.1M | $112.5M | $156.4M |
| Invested capital | $317.2M | $304.3M | $355.0M | $358.9M | $358.3M | $356.8M | $469.2M | $504.7M | $548.8M | $523.5M |
| Tangible asset value | $237.7M | $220.6M | $271.1M | $293.0M | $342.5M | $293.6M | $224.4M | $316.7M | $381.0M | $415.6M |
| Net current asset value | $12.4M | −$23.3M | −$5.9M | $28.9M | $89.8M | $33.5M | −$153.4M | −$171.8M | −$133.3M | −$54.8M |
| Graham number | $3.59 | — | — | — | $8.28 | — | — | — | — | $2.63 |
| Graham net-net per share | −$0.53 | −$0.98 | −$1.01 | −$0.68 | $0.04 | −$1.39 | −$5.92 | −$5.39 | −$4.57 | −$3.00 |
| Capital allocation | ||||||||||
| Dividends paid | $1.3M | $1.3M | $1.3M | $1.3M | $2.9M | $2.9M | $946,000 | $1.3M | $1.3M | $1.3M |
| Share buybacks (net) | $0 | $0 | $3.7M | $1.3M | $0 | $0 | $0 | $0 | — | — |
| Dividend payout ratio | 9.5% | — | — | — | 6.2% | — | — | — | — | 89.4% |
| Dividends + buybacks / free cash flow | 14.6% | — | — | — | 27.3% | 4.4% | — | — | 8.1% | 6.0% |
| Capex / revenue | 0.5% | 1.1% | 2.4% | 2.8% | 1.4% | 0.7% | 0.2% | 1.0% | 1.3% | 1.2% |
| Capex / operating cash flow | 34.7% | — | 134.1% | 624.0% | 61.1% | 9.2% | — | 967.7% | 57.2% | 47.5% |
| Capex / depreciation | 0.18 | 0.45 | 1.28 | 1.50 | 0.70 | 0.22 | 0.07 | 0.37 | 0.54 | 0.54 |
| Stock-based compensation / revenue | 0.3% | 0.5% | 0.3% | 0.2% | 0.2% | 0.3% | 0.2% | 0.2% | 0.2% | 0.2% |
| SG&A / revenue | 3.0% | 3.1% | 2.6% | 2.4% | 2.4% | 3.6% | 2.5% | 2.4% | 1.9% | 1.7% |
| Efficiency | ||||||||||
| Days sales outstanding | 24.0 | 22.1 | 19.0 | 21.3 | 19.7 | 24.0 | 18.3 | 18.0 | 19.4 | 18.4 |
| Days of inventory on hand | 22.9 | 19.6 | 18.0 | 16.2 | 14.8 | 21.3 | 15.1 | 14.2 | 13.6 | 14.0 |
| Days payables outstanding | 7.1 | 7.9 | 7.4 | 6.9 | 5.8 | 9.2 | 9.9 | 10.5 | 8.6 | 7.8 |
| Cash conversion cycle (days) | 39.7 | 33.8 | 29.6 | 30.6 | 28.7 | 36.1 | 23.5 | 21.7 | 24.4 | 24.6 |
| Receivables turnover | 15.20 | 16.51 | 19.20 | 17.17 | 18.53 | 15.23 | 19.99 | 20.29 | 18.86 | 19.81 |
| Payables turnover | 51.10 | 46.47 | 49.41 | 53.08 | 62.82 | 39.89 | 37.05 | 34.82 | 42.36 | 46.56 |
| Inventory turnover | 15.97 | 18.64 | 20.25 | 22.53 | 24.70 | 17.14 | 24.23 | 25.64 | 26.74 | 26.02 |
| Asset turnover | 2.32 | 2.26 | 2.62 | 2.77 | 2.51 | 1.65 | 2.24 | 2.20 | 2.29 | 2.35 |
| Average receivables | $60.4M | $58.5M | $63.7M | $77.8M | $65.2M | $58.9M | $71.3M | $74.7M | $86.5M | $82.0M |
| Average payables | $17.4M | $20.6M | $24.4M | $25.7M | $18.1M | $21.2M | $38.7M | $44.0M | $38.4M | $33.8M |
| Average inventory | $55.8M | $51.3M | $59.6M | $60.5M | $46.1M | $49.3M | $59.2M | $59.7M | $60.8M | $60.4M |
| Intangibles / total assets | 1.9% | 1.1% | 1.9% | 3.1% | 0.6% | 0.6% | 0.4% | 0.4% | 0.4% | 0.4% |
Computed from ALTO's annual financial statements (latest annual report filed March 13, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ALTO valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Alto Ingredients traded at 16.3 times earnings, against a 10-year median of 16.3. Based on the latest twelve months, the trailing P/E is 5.1 and the forward P/E is 13.6. Alto Ingredients earned a return on equity of 5.7% and a return on invested capital of 2.3% in fiscal 2025. It ended the year with $97.6 million of debt and $25.7 million in cash and short-term investments, net debt of $71.9 million. It returned $1.3 million to shareholders: $1.3 million in dividends and $0 in share buybacks, 15% of free cash flow. The share count rose 79.1% from 42.3M to 75.7M over 9 years.
See the ALTO income statement, the ALTO chart for price history, or the ALTO stock overview for the latest quote and news.
ALTO key metrics FAQ
What is Alto Ingredients's P/E ratio?
Alto Ingredients's trailing P/E ratio is 5.1 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 13.6. At the end of fiscal 2025 it was 16.3, compared with a 10-year median of 16.3.
What is Alto Ingredients's EV/EBITDA?
Alto Ingredients's enterprise value was 6.0 times EBITDA at the end of fiscal 2025 (enterprise value $289.8 million, EBITDA $48.7 million); the current EV/EBITDA is 4.1.
What is Alto Ingredients's return on equity?
Alto Ingredients's return on equity (ROE) was 5.7% in fiscal 2025: net income of $13.3 million on average shareholders' equity of $235.2 million.
What is Alto Ingredients's ROIC?
Alto Ingredients's return on invested capital was 2.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Alto Ingredients have?
Alto Ingredients had total debt of $97.6 million at the end of fiscal 2025, a debt-to-equity ratio of 0.40 and $71.9 million of net debt (1.48 times EBITDA).
What is Alto Ingredients's dividend yield?
Alto Ingredients paid $1.3 million in dividends in fiscal 2025 ($0.02 per share), a payout ratio of 9.5%.
What is Alto Ingredients's free cash flow yield?
Alto Ingredients generated $8.6 million of free cash flow in fiscal 2025, a free cash flow yield of 4.0% on its market value at year-end ($217.9 million).
What is Alto Ingredients's current ratio?
Alto Ingredients's current ratio was 2.64 at the end of fiscal 2025: current assets were 2.64 times current liabilities.