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Side-by-side financial comparison of Alto Ingredients, Inc. (ALTO) and Empire State Realty Trust, Inc. (ESRT). Click either name above to swap in a different company.

Alto Ingredients, Inc. is the larger business by last-quarter revenue ($232.0M vs $199.2M, roughly 1.2× Empire State Realty Trust, Inc.). Empire State Realty Trust, Inc. runs the higher net margin — 16.1% vs 9.4%, a 6.7% gap on every dollar of revenue. On growth, Empire State Realty Trust, Inc. posted the faster year-over-year revenue change (0.8% vs -1.9%). Empire State Realty Trust, Inc. produced more free cash flow last quarter ($50.6M vs $7.6M). Over the past eight quarters, Empire State Realty Trust, Inc.'s revenue compounded faster (4.9% CAGR vs -1.8%).

Palo Alto Networks, Inc. is an American multinational cybersecurity company with headquarters in Santa Clara, California. The core product is a platform that includes advanced firewalls and cloud-based offerings that extend those firewalls to cover other aspects of security. The company serves over 70,000 organizations in over 150 countries, including 85 of the Fortune 100. It is home to the Unit 42 threat research team and hosts the Ignite cybersecurity conference. It is a partner organizati...

Empire State Realty Trust is a leading real estate investment trust that owns, manages, and operates a portfolio of premium commercial, residential, and retail properties primarily in the New York City metropolitan area, including the iconic Empire State Building. It serves corporate tenants, retail partners, and residential occupants, focusing on sustainable property operations and long-term asset value growth.

ALTO vs ESRT — Head-to-Head

Bigger by revenue
ALTO
ALTO
1.2× larger
ALTO
$232.0M
$199.2M
ESRT
Growing faster (revenue YoY)
ESRT
ESRT
+2.7% gap
ESRT
0.8%
-1.9%
ALTO
Higher net margin
ESRT
ESRT
6.7% more per $
ESRT
16.1%
9.4%
ALTO
More free cash flow
ESRT
ESRT
$43.0M more FCF
ESRT
$50.6M
$7.6M
ALTO
Faster 2-yr revenue CAGR
ESRT
ESRT
Annualised
ESRT
4.9%
-1.8%
ALTO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALTO
ALTO
ESRT
ESRT
Revenue
$232.0M
$199.2M
Net Profit
$21.8M
$32.2M
Gross Margin
6.5%
Operating Margin
3.2%
17.8%
Net Margin
9.4%
16.1%
Revenue YoY
-1.9%
0.8%
Net Profit YoY
152.3%
71.2%
EPS (diluted)
$0.28
$0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALTO
ALTO
ESRT
ESRT
Q4 25
$232.0M
$199.2M
Q3 25
$241.0M
$197.7M
Q2 25
$218.4M
$191.3M
Q1 25
$226.5M
$180.1M
Q4 24
$236.3M
$197.6M
Q3 24
$251.8M
$199.6M
Q2 24
$236.5M
$189.5M
Q1 24
$240.6M
$181.2M
Net Profit
ALTO
ALTO
ESRT
ESRT
Q4 25
$21.8M
$32.2M
Q3 25
$14.2M
$13.6M
Q2 25
$-11.0M
$11.4M
Q1 25
$-11.7M
$15.8M
Q4 24
$-41.7M
$18.8M
Q3 24
$-2.4M
$22.8M
Q2 24
$-3.1M
$28.6M
Q1 24
$-11.7M
$10.2M
Gross Margin
ALTO
ALTO
ESRT
ESRT
Q4 25
6.5%
Q3 25
9.7%
Q2 25
-0.9%
Q1 25
-0.8%
Q4 24
-0.6%
Q3 24
2.4%
Q2 24
3.2%
Q1 24
-1.0%
Operating Margin
ALTO
ALTO
ESRT
ESRT
Q4 25
3.2%
17.8%
Q3 25
7.0%
19.9%
Q2 25
-3.7%
18.4%
Q1 25
-4.0%
14.3%
Q4 24
-16.6%
21.7%
Q3 24
-0.3%
22.7%
Q2 24
-0.6%
20.8%
Q1 24
-4.3%
17.1%
Net Margin
ALTO
ALTO
ESRT
ESRT
Q4 25
9.4%
16.1%
Q3 25
5.9%
6.9%
Q2 25
-5.0%
6.0%
Q1 25
-5.2%
8.8%
Q4 24
-17.6%
9.5%
Q3 24
-1.0%
11.4%
Q2 24
-1.3%
15.1%
Q1 24
-4.9%
5.6%
EPS (diluted)
ALTO
ALTO
ESRT
ESRT
Q4 25
$0.28
$0.11
Q3 25
$0.19
$0.05
Q2 25
$-0.15
$0.04
Q1 25
$-0.16
$0.05
Q4 24
$-0.56
$0.07
Q3 24
$-0.04
$0.08
Q2 24
$-0.05
$0.10
Q1 24
$-0.17
$0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALTO
ALTO
ESRT
ESRT
Cash + ST InvestmentsLiquidity on hand
$23.4M
$132.7M
Total DebtLower is stronger
$84.6M
Stockholders' EquityBook value
$245.2M
$1.1B
Total Assets
$388.8M
$4.5B
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALTO
ALTO
ESRT
ESRT
Q4 25
$23.4M
$132.7M
Q3 25
$32.5M
$154.1M
Q2 25
$29.8M
$94.6M
Q1 25
$26.8M
$187.8M
Q4 24
$35.5M
$385.5M
Q3 24
$33.6M
$421.9M
Q2 24
$27.1M
$535.5M
Q1 24
$29.3M
$333.6M
Total Debt
ALTO
ALTO
ESRT
ESRT
Q4 25
$84.6M
Q3 25
$106.0M
Q2 25
$124.2M
Q1 25
$117.0M
Q4 24
$99.7M
Q3 24
$90.6M
Q2 24
$98.6M
Q1 24
$92.2M
Stockholders' Equity
ALTO
ALTO
ESRT
ESRT
Q4 25
$245.2M
$1.1B
Q3 25
$222.4M
$1.0B
Q2 25
$207.8M
$1.0B
Q1 25
$213.9M
$1.0B
Q4 24
$225.1M
$1.0B
Q3 24
$263.9M
$1.0B
Q2 24
$265.8M
$1.0B
Q1 24
$268.7M
$996.1M
Total Assets
ALTO
ALTO
ESRT
ESRT
Q4 25
$388.8M
$4.5B
Q3 25
$388.5M
$4.1B
Q2 25
$393.1M
$4.1B
Q1 25
$402.2M
$4.1B
Q4 24
$401.4M
$4.5B
Q3 24
$417.4M
$4.4B
Q2 24
$432.5M
$4.4B
Q1 24
$434.6M
$4.2B
Debt / Equity
ALTO
ALTO
ESRT
ESRT
Q4 25
0.34×
Q3 25
0.48×
Q2 25
0.60×
Q1 25
0.55×
Q4 24
0.44×
Q3 24
0.34×
Q2 24
0.37×
Q1 24
0.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALTO
ALTO
ESRT
ESRT
Operating Cash FlowLast quarter
$9.5M
$249.1M
Free Cash FlowOCF − Capex
$7.6M
$50.6M
FCF MarginFCF / Revenue
3.3%
25.4%
Capex IntensityCapex / Revenue
0.8%
99.6%
Cash ConversionOCF / Net Profit
0.44×
7.74×
TTM Free Cash FlowTrailing 4 quarters
$8.6M
$109.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALTO
ALTO
ESRT
ESRT
Q4 25
$9.5M
$249.1M
Q3 25
$22.8M
$105.3M
Q2 25
$-848.0K
$26.7M
Q1 25
$-18.2M
$83.1M
Q4 24
$-9.8M
$260.9M
Q3 24
$18.6M
$102.8M
Q2 24
$-13.7M
$37.1M
Q1 24
$1.4M
$70.9M
Free Cash Flow
ALTO
ALTO
ESRT
ESRT
Q4 25
$7.6M
$50.6M
Q3 25
$21.2M
$72.8M
Q2 25
$-1.3M
$-55.1M
Q1 25
$-18.8M
$41.1M
Q4 24
$-11.1M
$88.0M
Q3 24
$18.1M
$-65.1M
Q2 24
$-18.4M
$19.5M
Q1 24
$-3.2M
$23.2M
FCF Margin
ALTO
ALTO
ESRT
ESRT
Q4 25
3.3%
25.4%
Q3 25
8.8%
36.8%
Q2 25
-0.6%
-28.8%
Q1 25
-8.3%
22.8%
Q4 24
-4.7%
44.5%
Q3 24
7.2%
-32.6%
Q2 24
-7.8%
10.3%
Q1 24
-1.3%
12.8%
Capex Intensity
ALTO
ALTO
ESRT
ESRT
Q4 25
0.8%
99.6%
Q3 25
0.7%
16.5%
Q2 25
0.2%
42.8%
Q1 25
0.2%
23.4%
Q4 24
0.5%
87.5%
Q3 24
0.2%
84.1%
Q2 24
2.0%
9.3%
Q1 24
1.9%
26.3%
Cash Conversion
ALTO
ALTO
ESRT
ESRT
Q4 25
0.44×
7.74×
Q3 25
1.60×
7.72×
Q2 25
2.35×
Q1 25
5.27×
Q4 24
13.88×
Q3 24
4.51×
Q2 24
1.30×
Q1 24
6.94×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALTO
ALTO

Pekin Campus Production$105.1M45%
Total Marketing And Distribution Sales$57.9M25%
Marketing And Distributions$55.6M24%
Other$11.2M5%
Kodiak Carbonic LLC$2.1M1%

ESRT
ESRT

Real Estate Segment$163.8M82%
Observatory Segment$35.2M18%

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