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Alto Ingredients vs REX American Resources: ALTO and REX compared
Alto Ingredients is the larger company: $258M of revenue in its latest quarter (Q3 2026) against $168M for REX American Resources (Q2 FY27). Alto Ingredients is growing faster (+7% against +6% a year earlier). REX American Resources is more profitable, with an operating margin of 28.6% against 2.7%.
Where the money goes: ALTO and REX
Alto Ingredients (ALTO) · Q3 2026
Alto Ingredients, Q3 2026: revenue $258M (+7% year over year), operating margin 2.7%, net earnings $13.0M, operating cash flow $12.9M. The chart follows the revenue to costs, profit and cash.
REX American Resources (REX) · Q2 FY27
REX American Resources, Q2 FY27: revenue $168M (+6% year over year), operating margin 28.6%, net earnings $34.9M, operating cash flow $40.1M. The chart follows the revenue to costs, profit and cash.
| Alto Ingredients (ALTO) | REX American Resources (REX) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 FY27 |
| Revenue | $258M | $168M |
| Revenue growth, Y/Y | +7% | +6% |
| Gross margin | 5.7% | 31.6% |
| Operating margin | 2.7% | 28.6% |
| Net earnings | $13.0M | $34.9M |
| Net margin | 5.0% | 20.7% |
| Operating cash flow | $12.9M | $40.1M |
| Free cash flow | $8.5M | $16.8M |
Where the revenue comes from
REX American Resources
- Ethanol: $126M (75%)
- Dried Distillers Grains: $24.2M (14%)
- Distillers Corn Oil: $17.6M (10%)
- Modified Distillers Grains: $811K (0%)
Questions
Which is bigger, Alto Ingredients or REX American Resources?
Alto Ingredients is the larger company: $258M of revenue in its latest quarter (Q3 2026) against $168M for REX American Resources (Q2 FY27).
Is Alto Ingredients or REX American Resources growing faster?
Alto Ingredients is growing faster (+7% against +6% a year earlier).
Which is more profitable, Alto Ingredients or REX American Resources?
REX American Resources is more profitable, with an operating margin of 28.6% against 2.7%.
More: Alto Ingredients earnings · how Alto Ingredients makes money · REX American Resources earnings · how REX American Resources makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 6, 2026; 10-Q filed Sep 3, 2026). Fiscal quarters can end on different dates. Not investment advice.