Tronox Holdings plc
TROX NYSE· Industrial Inorganic Chemicals
Last close · Oct 27, 2026
$3.68
KIRA · Stoqly’s AI analyst, in plain words
- Tronox Holdings plc had $2.9B of revenue in fiscal 2025, down 5.7% on the year before. Over five years, revenue changed +1.0% a year on average.
- Its operating margin was −8.7%, down 15.9 pts: of every 100 in sales, about −9 is left after running the business.
- Tronox Holdings plc lost $470M in fiscal 2025.
- Free cash flow was −$281M in fiscal 2025, −9.7% of revenue.
- Tronox Holdings plc returned $48.0M to shareholders in fiscal 2025. The diluted share count rose 0.4%.
- Tronox Holdings plc owes $3.1B more than it holds in cash, about 62.5 years of operating profit.
Market cap
$588M
P/E
—
Revenue
$2.9B
Net income
−$470M
Free cash flow
−$281M
Operating margin
−8.7%
Tronox Holdings plc in 30 seconds · fiscal 2025
Are sales growing?
−5.7%
No. Sales fell 5.7% last year.
Does it make a profit?
−16.2%
No. It lost money last year.
Does profit turn into cash?
−9.7%
No. It spent more cash than it brought in.
Is debt under control?
62.5x
Heavy. Repaying its debt would take 62.5 years of operating profit.
How healthy are the accounts?
2 / 9
Weak. It passes 2 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Tronox Holdings plc does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 20, 2026
- Legal name
- Tronox Holdings plc
- CIK
- 0001530804
Tronox Holdings plc · TROX
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $3.6B | $3.5B | $2.9B | $3.1B | $2.9B |
| Revenue growth | 29.5% | −3.3% | −17.5% | 7.9% | −5.7% |
| Gross margin | 25.1% | 24.1% | 16.2% | 16.8% | 9.3% |
| Operating margin | 16.2% | 13.3% | 6.5% | 7.1% | −8.7% |
| Net income | $286M | $497M | −$316M | −$48.0M | −$470M |
| Net margin | 8.0% | 14.4% | −11.1% | −1.6% | −16.2% |
| Diluted EPS | $1.81 | $3.16 | −$2.02 | −$0.31 | −$2.97 |
| Cash | |||||
| Cash from operations | $740M | $598M | $184M | $300M | $60.0M |
| Capital expenditure | $272M | $428M | $261M | $370M | $341M |
| Free cash flow | $468M | $170M | −$77.0M | −$70.0M | −$281M |
| FCF margin | 13.1% | 4.9% | −2.7% | −2.3% | −9.7% |
| Dividends paid | $65.0M | $87.0M | $89.0M | $80.0M | $48.0M |
| Share buybacks | $0.0M | $50.0M | $0.0M | $0.0M | — |
| Share count change | 9.0% | −0.5% | −0.5% | 0.9% | 0.4% |
| Debt and strength | |||||
| Cash and short-term investments | $228M | $164M | $273M | $151M | $199M |
| Debt incl. finance leases | $2.6B | $2.6B | $2.9B | $2.9B | $3.3B |
| Shareholders' equity | $2.0B | $2.4B | $1.9B | $1.8B | $1.4B |
| Net debt / EBITDA | 2.7x | 3.3x | 5.6x | 5.5x | 62.5x |
| Current ratio | 2.5x | 2.3x | 2.8x | 2.5x | 2.5x |
| Interest coverage | 3.7x | 3.7x | 1.2x | 1.3x | −1.3x |
| Returns and quality | |||||
| Return on capital | 10.8% | 9.7% | 2.7% | 3.2% | −4.5% |
| Return on equity | 15.5% | 22.8% | −14.7% | −2.6% | −29.6% |
| Return on tangible equity | 16.1% | 23.6% | −18.7% | −3.2% | −39.0% |
| Piotroski F-score | 6 | 6 | 4 | 5 | 2 |
| Altman Z'' | 2.9 | 2.8 | 2.5 | 2.4 | 1.5 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$1.3M
6 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Tronox Holdings plc · TROX
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $3.68 a share, the company is worth $588M.
Source: SEC EDGAR XBRL filings (CIK 0001530804). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.