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6Feb 19, 2026·SEC
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Tronox Holdings plc (TROX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Tronox Holdings plc (TROX) stock price & volume — 10-year historical chart
Tronox Holdings plc (TROX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Tronox Holdings plc (TROX) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 18, 2026 | $0.60vs $0.43-39.5% | $730Mvs $708M+3.1% |
| Q4 2025 | Nov 5, 2025 | $0.46vs $0.21-119.0% | $699Mvs $688M+1.7% |
| Q3 2025 | Jul 30, 2025 | $0.28vs $0.04-600.0% | $731Mvs $788M-7.2% |
| Q2 2025 | Apr 30, 2025 | $0.15vs $0.02-850.0% | $738Mvs $746M-1.1% |
Tronox Holdings plc (TROX) competitors in Specialty polymers and additives — business model, growth, and fundamentals comparison
Tronox Holdings plc (TROX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Tronox Holdings plc (TROX) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 1.7B | 1.82B | 2.64B | 2.76B | 3.57B | 3.45B | 2.85B | 3.07B | 2.9M | 2.84B |
| Revenue Growth % | -18.87% | 7.13% | 45.24% | 4.39% | 29.51% | -3.3% | -17.49% | 7.86% | -99.91% | -7.78% |
| Cost of Goods Sold | 1.31B | 1.32B | 2.18B | 2.14B | 2.68B | 2.62B | 2.39B | 2.56B | 2.63M | 2.5B |
| COGS % of Revenue | 77.15% | 72.62% | 82.44% | 77.48% | 74.94% | 75.91% | 83.79% | 83.25% | 90.72% | - |
| Gross Profit | 388M▲ 0% | 498M▲ 28.4% | 464M▼ 6.8% | 621M▲ 33.8% | 895M▲ 44.1% | 832M▼ 7.0% | 462M▼ 44.5% | 515M▲ 11.5% | 269K▼ 99.9% | 347M▲ 0% |
| Gross Margin % | 22.85% | 27.38% | 17.56% | 22.52% | 25.06% | 24.09% | 16.21% | 16.75% | 9.28% | 12.2% |
| Gross Profit Growth % | 57.08% | 28.35% | -6.83% | 33.84% | 44.12% | -7.04% | -44.47% | 11.47% | -99.95% | - |
| Operating Expenses | 251M | 298M | 369M | 350M | 318M | 374M | 276M | 296M | 290K | 438M |
| OpEx % of Revenue | 14.78% | 16.38% | 13.97% | 12.69% | 8.9% | 10.83% | 9.68% | 9.63% | 10.01% | - |
| Selling, General & Admin | 251M | 267M | 347M | 347M | 318M | 289M | 276M | 251M | 290K | 278M |
| SG&A % of Revenue | 14.78% | 14.68% | 13.13% | 12.58% | 8.9% | 8.37% | 9.68% | 8.17% | 10.01% | - |
| Research & Development | 8M | 0 | 0 | 0 | 13M | 12M | 12M | 14M | 0 | 14M |
| R&D % of Revenue | 0.47% | - | - | - | 0.36% | 0.35% | 0.42% | 0.46% | - | - |
| Other Operating Expenses | -9M | 31M | 22M | 3M | -13M | 73M | -12M | 31M | 0 | 2M |
| Operating Income | 141M▲ 0% | 200M▲ 41.8% | 95M▼ 52.5% | 271M▲ 185.3% | 577M▲ 112.9% | 458M▼ 20.6% | 186M▼ 59.4% | 219M▲ 17.7% | -253K▼ 100.1% | -91M▲ 0% |
| Operating Margin % | 8.3% | 11% | 3.6% | 9.83% | 16.15% | 13.26% | 6.53% | 7.12% | -8.73% | -3.2% |
| Operating Income Growth % | 366.04% | 41.84% | -52.5% | 185.26% | 112.92% | -20.62% | -59.39% | 17.74% | -100.12% | - |
| EBITDA | 328M | 400M | 375M | 575M | 886M | 739M | 461M | 504M | 49K | 200M |
| EBITDA Margin % | 19.32% | 21.99% | 14.19% | 20.85% | 24.8% | 21.4% | 16.18% | 16.4% | 1.69% | 7.03% |
| EBITDA Growth % | 164.52% | 21.95% | -6.25% | 53.33% | 54.09% | -16.59% | -37.62% | 9.33% | -99.99% | -57.72% |
| D&A (Non-Cash Add-back) | 187M | 200M | 280M | 304M | 309M | 281M | 275M | 285M | 302K | 291M |
| EBIT | 101M | 236M | 105M | 293M | 531M | 433M | 198M | 240M | 0 | -88M |
| Net Interest Income | -178M | -160M | -183M | -181M | -150M | -116M | -140M | -157M | 0 | -171M |
| Interest Income | 10M | 33M | 18M | 8M | 7M | 9M | 18M | 10M | 6K | 5M |
| Interest Expense | 188M | 193M | 201M | 189M | 157M | 125M | 158M | 167M | -189K | 176M |
| Other Income/Expense | -228M | -157M | -183M | -157M | -203M | -150M | -137M | -146M | -205K | -173M |
| Pretax Income | -87M▲ 0% | 43M▲ 149.4% | -88M▼ 304.7% | 114M▲ 229.5% | 374M▲ 228.1% | 308M▼ 17.6% | 49M▼ 84.1% | 73M▲ 49.0% | -458K▼ 100.6% | -264M▲ 0% |
| Pretax Margin % | -5.12% | 2.36% | -3.33% | 4.13% | 10.47% | 8.92% | 1.72% | 2.37% | -15.8% | -9.28% |
| Income Tax | 6M | 13M | 14M | -881M | 71M | -192M | 363M | 127M | -15K | 62M |
| Effective Tax Rate % | -6.9% | 30.23% | -15.91% | -772.81% | 18.98% | -62.34% | 740.82% | 173.97% | 3.28% | -23.48% |
| Net Income | -285M▲ 0% | -7M▲ 97.5% | -109M▼ 1457.1% | 969M▲ 989.0% | 286M▼ 70.5% | 497M▲ 73.8% | -316M▼ 163.6% | -48M▲ 84.8% | -470K▲ 99.0% | -324M▲ 0% |
| Net Margin % | -16.78% | -0.38% | -4.13% | 35.13% | 8.01% | 14.39% | -11.09% | -1.56% | -16.22% | -11.39% |
| Net Income Growth % | -367.21% | 97.54% | -1457.14% | 988.99% | -70.48% | 73.78% | -163.58% | 84.81% | 99.02% | -337.84% |
| Net Income (Continuing) | -93M | 30M | -102M | 995M | 303M | 500M | -314M | -54M | -470K | -326M |
| Discontinued Operations | 0 | 0 | 5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 186M | 179M | 168M | 173M | 48M | 46M | 44M | 30M | 31K | 32M |
| EPS (Diluted) | -2.38▲ 0% | -0.06▲ 97.6% | -0.78▼ 1268.4% | 6.69▲ 957.7% | 1.81▼ 72.9% | 3.16▲ 74.6% | -2.02▼ 163.9% | -0.30▲ 85.1% | -2.97▼ 890.0% | -2.04▲ 0% |
| EPS Growth % | -376% | 97.61% | -1268.42% | 957.69% | -72.94% | 74.59% | -163.92% | 85.15% | -890% | -329.59% |
| EPS (Basic) | -2.39 | -0.06 | -0.78 | 6.76 | 1.88 | 3.21 | -2.02 | -0.30 | -2.97 | - |
| Diluted Shares Outstanding | 119.5M | 122.88M | 139.86M | 144.91M | 157.94M | 157.11M | 156.4M | 157.82M | 158.48M | 158.6M |
| Basic Shares Outstanding | 119.1M | 122.88M | 139.86M | 143.35M | 152.06M | 154.87M | 156.4M | 157.82M | 158.48M | 158.6M |
| Dividend Payout Ratio | - | - | - | 4.13% | 22.73% | 17.51% | - | - | - | - |
Tronox Holdings plc (TROX) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 2.64B | 2.54B | 2.07B | 2.53B | 2.05B | 1.96B | 2.13B | 2.15B | 2.27M | 2.31B |
| Cash & Short-Term Investments | 1.12B | 1.03B | 302M | 648M | 228M | 164M | 273M | 151M | 199K | 185M |
| Cash Only | 1.12B | 1.03B | 302M | 648M | 228M | 164M | 273M | 151M | 199K | 185M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 336M | 319M | 488M | 561M | 637M | 383M | 300M | 268M | 289K | 303M |
| Days Sales Outstanding | 72.23 | 64.01 | 67.42 | 74.24 | 65.09 | 40.47 | 38.42 | 31.82 | 36.4 | 38.12 |
| Inventory | 473M | 479M | 1.13B | 1.14B | 1.05B | 1.28B | 1.42B | 1.55B | 1.65M | 1.69B |
| Days Inventory Outstanding | 131.79 | 132.35 | 189.54 | 194.2 | 142.89 | 177.91 | 217.2 | 221.23 | 229.36 | 177.08 |
| Other Current Assets | 661M | 662M | 9M | 183M | 4M | 135M | 141M | 185M | 125K | 132M |
| Total Non-Current Assets | 2.23B | 2.1B | 3.19B | 4.04B | 3.94B | 4.35B | 4B | 3.88B | 3.95M | 4B |
| Property, Plant & Equipment | 2B | 1.8B | 2.71B | 2.64B | 2.54B | 2.67B | 2.62B | 2.68B | 2.18M | 2.81B |
| Fixed Asset Turnover | 0.85x | 1.01x | 0.97x | 1.04x | 1.41x | 1.30x | 1.09x | 1.15x | 1.33x | 1.39x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 198M | 176M | 208M | 201M | 217M | 250M | 243M | 244M | 214K | 221M |
| Long-Term Investments | 13M | 12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 13M | 73M | 162M | 175M | 194M | 196M | 218M | 126M | 725K | 4.33B |
| Total Assets | 4.86B▲ 0% | 4.64B▼ 4.6% | 5.27B▲ 13.5% | 6.57B▲ 24.7% | 5.99B▼ 8.8% | 6.31B▲ 5.3% | 6.13B▼ 2.7% | 6.04B▼ 1.6% | 6.22M▼ 99.9% | 6.3B▲ 0% |
| Asset Turnover | 0.35x | 0.39x | 0.50x | 0.42x | 0.60x | 0.55x | 0.46x | 0.51x | 0.47x | 0.46x |
| Asset Growth % | -1.74% | -4.56% | 13.49% | 24.68% | -8.85% | 5.33% | -2.73% | -1.57% | -99.9% | 2.5% |
| Total Current Liabilities | 353M | 300M | 702M | 805M | 822M | 850M | 753M | 874M | 919K | 847M |
| Accounts Payable | 165M | 133M | 342M | 356M | 438M | 415M | 461M | 499M | 481K | 433M |
| Days Payables Outstanding | 45.97 | 36.75 | 57.31 | 60.8 | 59.72 | 57.77 | 70.46 | 71.17 | 66.78 | 69.8 |
| Short-Term Debt | 22M | 22M | 38M | 97M | 18M | 74M | 38M | 100M | 112K | 97M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 76M | 71M | 145M | 217M | 190M | 188M | 125M | 121M | 807K | 176M |
| Current Ratio | 7.48x | 8.48x | 2.95x | 3.14x | 2.49x | 2.31x | 2.84x | 2.47x | 2.46x | 2.46x |
| Quick Ratio | 6.14x | 6.88x | 1.34x | 1.73x | 1.22x | 0.80x | 0.95x | 0.69x | 0.67x | 0.67x |
| Cash Conversion Cycle | 158.04 | 159.61 | 199.64 | 207.64 | 148.26 | 160.61 | 185.15 | 181.87 | 198.98 | 145.4 |
| Total Non-Current Liabilities | 3.5B | 3.48B | 3.65B | 3.89B | 3.12B | 3.05B | 3.4B | 3.37B | 3.85M | 3.86B |
| Long-Term Debt | 3.13B | 3.14B | 2.99B | 3.25B | 2.56B | 2.43B | 2.79B | 2.76B | 148K | 3.14B |
| Capital Lease Obligations | 19M | 15M | 62M | 53M | 55M | 147M | 103M | 107M | 0 | 474M |
| Deferred Tax Liabilities | 171M | 163M | 184M | 176M | 157M | 153M | 149M | 174M | 208K | 747M |
| Other Non-Current Liabilities | 200M | 178M | 416M | 412M | 353M | 326M | 363M | 333M | 3.49M | 1.46B |
| Total Liabilities | 3.85B | 3.78B | 4.35B | 4.7B | 3.94B | 3.9B | 4.15B | 4.25B | 4.77M | 4.71B |
| Total Debt | 3.15B | 3.16B | 3.13B | 3.4B | 2.66B | 2.67B | 2.95B | 2.99B | 260K | 3.41B |
| Net Debt | 2.03B | 2.13B | 2.82B | 2.75B | 2.43B | 2.5B | 2.68B | 2.84B | 61K | 3.22B |
| Debt / Equity | 3.10x | 3.67x | 3.41x | 1.82x | 1.30x | 1.11x | 1.49x | 1.67x | 0.18x | 0.18x |
| Debt / EBITDA | 9.59x | 7.90x | 8.34x | 5.91x | 3.00x | 3.61x | 6.40x | 5.93x | 5.31x | 17.04x |
| Net Debt / EBITDA | 6.19x | 5.32x | 7.53x | 4.79x | 2.74x | 3.39x | 5.81x | 5.63x | 1.24x | 1.24x |
| Interest Coverage | 0.75x | 1.04x | 0.47x | 1.43x | 3.68x | 3.66x | 1.18x | 1.31x | - | -0.50x |
| Total Equity | 1.01B▲ 0% | 862M▼ 15.1% | 916M▲ 6.3% | 1.87B▲ 104.3% | 2.04B▲ 9.1% | 2.4B▲ 17.7% | 1.98B▼ 17.6% | 1.79B▼ 9.5% | 1.45M▼ 99.9% | 1.59B▲ 0% |
| Equity Growth % | -12.58% | -15.07% | 6.26% | 104.26% | 9.14% | 17.68% | -17.6% | -9.55% | -99.92% | -52.11% |
| Book Value per Share | 8.49 | 7.01 | 6.55 | 12.91 | 12.93 | 15.30 | 12.66 | 11.35 | 0.01 | 10.04 |
| Total Shareholders' Equity | 829M | 683M | 748M | 1.7B | 1.99B | 2.36B | 1.94B | 1.76B | 1.42M | 1.56B |
| Common Stock | 1M | 1M | 1M | 1M | 2M | 2M | 2M | 2M | 2K | 2M |
| Retained Earnings | -327M | -357M | -493M | 434M | 663M | 1.08B | 684M | 555M | 30K | 213M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -403M | -540M | -606M | -610M | -738M | -768M | -814M | -880M | -717K | -751M |
| Minority Interest | 186M | 179M | 168M | 173M | 48M | 46M | 44M | 30M | 31K | 32M |
Tronox Holdings plc (TROX) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 273M | 170M | 441M | 355M | 740M | 598M | 184M | 300M | 60K | 60K |
| Operating CF Margin % | 16.08% | 9.35% | 16.69% | 12.87% | 20.72% | 17.31% | 6.46% | 9.76% | 2.07% | - |
| Operating CF Growth % | 29.38% | -37.73% | 159.41% | -19.5% | 108.45% | -19.19% | -69.23% | 63.04% | -99.98% | -283.82% |
| Net Income | -93M | 30M | -102M | 995M | 286M | 500M | -316M | -48M | -473K | -324M |
| Depreciation & Amortization | 182K | 195M | 312M | 306M | 309M | 240M | 245M | 254M | 302K | 225M |
| Stock-Based Compensation | 31M | 21M | 32M | 30M | 0 | 26M | 21M | 21M | 20K | 18M |
| Deferred Taxes | 2M | -21M | -9M | -899M | 15M | -261M | 330M | 110M | 12K | 60M |
| Other Non-Cash Items | 311.82M | 63M | 150M | 75M | 148M | 108M | 78M | 66M | 199K | 221M |
| Working Capital Changes | 21M | -118M | 58M | -152M | -18M | -15M | -174M | -103M | 0 | -177M |
| Change in Receivables | -50M | -11M | 78M | -49M | -108M | 233M | 84M | 11M | -9K | 69M |
| Change in Inventory | 60M | -47M | -59M | -21M | 53M | -255M | -151M | -115M | -26K | -177M |
| Change in Payables | 1M | -51M | 67M | -12M | 53M | -5M | -84M | -11M | -26K | -31M |
| Cash from Investing | 558M | -174M | -1.19B | -229M | -269M | -415M | -255M | -343M | -328K | -372M |
| Capital Expenditures | -91M | -117M | -198M | -195M | -272M | -428M | -261M | -370M | -341K | -280.11M |
| CapEx % of Revenue | 5.36% | 6.43% | 7.49% | 7.07% | 7.61% | 12.39% | 9.16% | 12.04% | 11.77% | - |
| Acquisitions | 1.32B | 6M | -974M | 1M | 2M | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -676M | -63M | -14M | -35M | 1M | 13M | 6M | 27M | 19K | -91.89M |
| Cash from Financing | 24M | -46M | -638M | 214M | -877M | -250M | 176M | -71M | 321K | 371M |
| Debt Issued (Net) | 97M | 9M | -165M | 267M | -777M | -91M | 268M | 26M | 0 | 383M |
| Equity Issued (Net) | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | 0 | -1000K | 0 | -1000K |
| Dividends Paid | -23M | -23M | -27M | -40M | -65M | -87M | -89M | -80M | -48K | -59M |
| Share Repurchases | 0 | 0 | -288M | -3M | 0 | -50M | 0 | -1M | 0 | 0 |
| Other Financing | -38M | -26M | -158M | -10M | -43M | -22M | -3M | -16M | 369K | 48M |
| Net Change in Cash | 868M▲ 0% | -73M▼ 108.4% | -1.39B▼ 1797.3% | 337M▲ 124.3% | -416M▼ 223.4% | -68M▲ 83.7% | 109M▲ 260.3% | -121M▼ 211.0% | 59K▲ 100.0% | 18M▲ 0% |
| Free Cash Flow | 182M▲ 0% | 53M▼ 70.9% | 243M▲ 358.5% | 160M▼ 34.2% | 468M▲ 192.5% | 170M▼ 63.7% | -77M▼ 145.3% | -70M▲ 9.1% | -281K▲ 99.6% | -369M▲ 0% |
| FCF Margin % | 10.72% | 2.91% | 9.2% | 5.8% | 13.1% | 4.92% | -2.7% | -2.28% | -9.7% | -12.97% |
| FCF Growth % | 97.83% | -70.88% | 358.49% | -34.16% | 192.5% | -63.68% | -145.29% | 9.09% | 99.6% | -2406.25% |
| FCF per Share | 1.52 | 0.43 | 1.74 | 1.10 | 2.96 | 1.08 | -0.49 | -0.44 | -0.00 | -0.00 |
| FCF Conversion (FCF/Net Income) | -0.96x | -24.29x | -4.05x | 0.37x | 2.59x | 1.20x | -0.58x | -6.25x | -0.13x | 1.14x |
| Interest Paid | 186M | 84M | 188M | 0 | 0 | 114M | 143M | 151M | 0 | 55M |
| Taxes Paid | 10M | 28M | 34M | 17M | 0 | 60M | 54M | 10M | 0 | -7M |
Tronox Holdings plc (TROX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -26.19% | -0.75% | -12.26% | 69.54% | 14.62% | 22.36% | -14.42% | -2.55% | -0.05% | -20.34% |
| Return on Invested Capital (ROIC) | 3.02% | 4.97% | 2.12% | 4.86% | 9.52% | 7.33% | 2.92% | 3.54% | -0.01% | -0.01% |
| Gross Margin | 22.85% | 27.38% | 17.56% | 22.52% | 25.06% | 24.09% | 16.21% | 16.75% | 9.28% | 12.2% |
| Net Margin | -16.78% | -0.38% | -4.13% | 35.13% | 8.01% | 14.39% | -11.09% | -1.56% | -16.22% | -11.39% |
| Debt / Equity | 3.10x | 3.67x | 3.41x | 1.82x | 1.30x | 1.11x | 1.49x | 1.67x | 0.18x | 0.18x |
| Interest Coverage | 0.75x | 1.04x | 0.47x | 1.43x | 3.68x | 3.66x | 1.18x | 1.31x | - | -0.50x |
| FCF Conversion | -0.96x | -24.29x | -4.05x | 0.37x | 2.59x | 1.20x | -0.58x | -6.25x | -0.13x | 1.14x |
| Revenue Growth | -18.87% | 7.13% | 45.24% | 4.39% | 29.51% | -3.3% | -17.49% | 7.86% | -99.91% | -7.78% |
Tronox Holdings plc (TROX) SEC filings — annual & quarterly reports (10-K, 10-Q)
Feb 19, 2026·SEC
Feb 11, 2026·SEC
Jan 26, 2026·SEC
Tronox Holdings plc (TROX) stock FAQ — growth, dividends, profitability & financials explained
Tronox Holdings plc (TROX) reported $2.84B in revenue for fiscal year 2025. This represents a 178% increase from $1.02B in 2001.
Tronox Holdings plc (TROX) saw revenue decline by 99.9% over the past year.
Tronox Holdings plc (TROX) reported a net loss of $324.0M for fiscal year 2025.
Tronox Holdings plc (TROX) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.
Tronox Holdings plc (TROX) has a return on equity (ROE) of -0.1%. Negative ROE indicates the company is unprofitable.
Tronox Holdings plc (TROX) had negative free cash flow of $369.0M in fiscal year 2025, likely due to heavy capital investments.
Tronox Holdings plc (TROX) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates