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Alto Ingredients, Inc. ALTO Pekin Campus Production — Management Fee Expense

Other segment segments

Marketing And Distributions
$5.4M0.0%
Western Production
$2.22M-38.3%

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$1.08M-1.0%

Other financials

Income statement

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Revenue$245.7M+12.5%
Gross profit$16.6M+959%
Operating income$8.6M+206%
Net income$11.7M+206%
EPS (diluted)$0.15+200%

Balance sheet

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Cash & equivalents$24.0M-21.4%
Total debt$82.9M-40.2%
Total equity$259.9M+25.0%
Total assets$397.1M+1.0%

Cash flow

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Operating cash flow$28.5M+3,458%
CapEx$10.6M+2,086%
Free cash flow$17.9M+1,444%

Valuation

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Market cap$328.11M+321%
Enterprise value$387.09M+108%
P/E6.3×
P/S0.4×+0.3×

Profitability

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Gross margin6.8%
Operating margin3.8%+2.3pp
Net margin5.5%+3.5pp
FCF margin5.3%

Returns & leverage

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Return on equity22.2%+14.3pp
Debt / equity0.3×-0.3×
Current ratio3.2×-0.3×

Where this comes from

Reported directly by Alto Ingredients, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ManagementFeeExpense.

The source filing: Alto Ingredients, Inc.’s 10-K, filed March 13, 2026.

Filed
Mar 13, 2026, 4:16 PM EDT
Fiscal year
FY2025
Accession
0001213900-26-027687

Included in income (loss) before provision (benefit) for income taxes are management fees charged by Alto Ingredients to each of the segments. The Pekin Campus production segment incurred $7,200,000, $7,200,000 and $5,280,000 in management fees for the years ended December 31, 2025, 2024 and 2023, respectively. The marketing and distribution segment incurred $5,400,000, $5,400,000 and $3,960,000 in management fees for the years ended December 31, 2025, 2024 and 2023, respectively. The Western production segment incurred $2,220,000, $3,600,000 and $2,640,000 in management fees for the years ended December 31, 2025, 2024 and 2023, respectively. Corporate and other includes the results of Eagle Alcohol and certain selling, general and administrative expenses, consisting primarily of corporate employee compensation, professional fees and overhead costs not directly related to a specific operating segment.

Item 16. Form 10-K Summary.

FAQ

What is Alto Ingredients, Inc.'s pekin campus production — management fee expense?
Alto Ingredients, Inc. (ALTO) reported pekin campus production — management fee expense of $1.8M in Q4 2025.
How has Alto Ingredients, Inc.'s pekin campus production — management fee expense changed year-over-year?
Alto Ingredients, Inc.'s pekin campus production — management fee expense decreased by 0.0% year-over-year, from $1.8M to $1.8M.
What is the long-term trend for Alto Ingredients, Inc.'s pekin campus production — management fee expense?
Over 4 years (2021 to 2025), Alto Ingredients, Inc.'s pekin campus production — management fee expense has grown at a 13.5% compound annual growth rate (CAGR), from $4.34M to $7.2M.
What does pekin campus production — management fee expense mean?
Reflects the administrative or management charges allocated to the Pekin Campus segment for shared corporate services or oversight. It helps in understanding the internal cost structure and the overhead burden placed on the segment by the parent organization.

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