Alto Ingredients vs Ecovyst
Alto Ingredients is the larger business, with $918m of revenue in fiscal 2025 against $724m for Ecovyst (1.3 times as much). Ecovyst grew faster (20.9% against -4.9%). Alto Ingredients kept more of each dollar of sales as profit: a net margin of 1.5% against -9.8%.
| Latest fiscal year | Alto IngredientsALTO, 2025 | EcovystECVT, 2025 |
|---|---|---|
| Revenue | $918m | $724m |
| Revenue growth | -4.9% | 20.9% |
| Net income | $13.3m | −$71.1m |
| Operating margin | — | 9.0% |
| Net margin | 1.5% | -9.8% |
| Return on equity | 5.7% | -10.9% |
| Free cash flow | $8.6m | $69.9m |
| Cash | $23.4m | $197m |
| Total debt | $84.6m | $397m |
| Debt to equity | — | 65.8% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $46.9m |
| Employees | 390 | 617 |
| Market value | $275m | $1.11bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 34 (Weak) | 63 (Moderate) |
| Insider trades, 12 months | 4 buys, 0 sales | 1 buys, 2 sales |