TROX · Tronox Holdings PLC - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $760.00M | - | $699.00M | $731.00M | $738.00M | - | $804.00M | $820.00M | $774.00M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | $44.00M | - | $52.00M | $79.00M | $99.00M | - | $128.00M | $150.00M | $120.00M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $71.00M | - | $70.00M | $72.00M | $74.00M | - | $74.00M | $74.00M | $79.00M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $75.00M | - | $57.00M | $55.00M | $71.00M | - | $53.00M | $57.00M | $72.00M | - |
| Operating Income | ($41.00M) | - | ($43.00M) | ($35.00M) | ($61.00M) | - | $54.00M | $76.00M | $41.00M | - |
| Interest Expense | $53.00M | - | $48.00M | $45.00M | $42.00M | - | $42.00M | $42.00M | $42.00M | - |
| Income Tax | $0 | - | $8.00M | $4.00M | $5.00M | - | $26.00M | $45.00M | $11.00M | - |
| Net Income | ($103.00M) | - | ($99.00M) | ($84.00M) | ($111.00M) | - | ($25.00M) | $16.00M | ($9.00M) | - |
| EPS - Basic | ($0.65) | - | ($0.63) | ($0.53) | ($0.70) | - | ($0.16) | $0.10 | ($0.06) | - |
| EPS - Diluted | ($0.65) | - | ($0.63) | ($0.53) | ($0.70) | - | ($0.16) | $0.10 | ($0.06) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $126.00M | $199.00M | $185.00M | $132.00M | $138.00M | $151.00M | $167.00M | $201.00M | $152.00M | $273.00M |
| Accounts Receivable | $331.00M | $289.00M | $301.00M | $294.00M | $319.00M | $266.00M | $373.00M | $382.00M | $378.00M | $290.00M |
| Inventory | $1.58B | $1.65B | $1.69B | $1.69B | $1.60B | $1.55B | $1.48B | $1.42B | $1.40B | $1.42B |
| Accounts Payable | $419.00M | $481.00M | $433.00M | $500.00M | $478.00M | $499.00M | $492.00M | $457.00M | $398.00M | $461.00M |
| Current Assets | $2.17B | $2.27B | $2.31B | $2.24B | $2.19B | $2.15B | $2.22B | $2.23B | $2.16B | $2.13B |
| Total Assets | $6.06B | $6.22B | $6.30B | $6.19B | $6.07B | $6.04B | $6.19B | $6.10B | $6.02B | $6.13B |
| Current Liabilities | $895.00M | $919.00M | $847.00M | $1.07B | $961.00M | $874.00M | $817.00M | $746.00M | $691.00M | $753.00M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $4.74B | $4.77B | $4.71B | $4.51B | $4.36B | $4.25B | $4.25B | $4.17B | $4.10B | $4.15B |
| Stockholders' Equity | $1.29B | $1.42B | $1.56B | $1.65B | $1.67B | $1.76B | $1.91B | $1.90B | $1.88B | $1.94B |
| Retained Earnings | ($73.00M) | $30.00M | $213.00M | $321.00M | $425.00M | $555.00M | $606.00M | $651.00M | $655.00M | $684.00M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($68.00M) | - | - | - | ($32.00M) | - | - | - | ($29.00M) | - |
| Investing Cash Flow | ($67.00M) | - | - | - | ($95.00M) | - | - | - | ($76.00M) | - |
| Financing Cash Flow | $67.00M | - | - | - | $108.00M | - | - | - | ($12.00M) | - |
| CapEx | $67.00M | - | - | - | $110.00M | - | - | - | $76.00M | - |
| Free Cash Flow | ($135.00M) | - | - | - | ($142.00M) | - | - | - | ($105.00M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 5.8% | - | 7.4% | 10.8% | 13.4% | - | 15.9% | 18.3% | 15.5% | - |
| Operating margin | -5.4% | - | -6.2% | -4.8% | -8.3% | - | 6.7% | 9.3% | 5.3% | - |
| EBITDA margin | 4.5% | - | 2.0% | 2.7% | 1.4% | - | 13.3% | 16.2% | 14.6% | - |
| Net margin | -13.6% | - | -14.2% | -11.5% | -15.0% | - | -3.1% | 2.0% | -1.2% | - |
| Free cash flow margin | -17.8% | - | - | - | -19.2% | - | - | - | -13.6% | - |
| FCF / Net income | 1.31 | - | - | - | 1.28 | - | - | - | 11.67 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 9.3% | - | 10.0% | 9.8% | 10.0% | - | 9.2% | 9.0% | 10.2% | - |
| Effective tax rate | - | - | - | - | - | - | 2600.0% | 73.8% | 550.0% | - |
| Return on assets | -1.7% | - | -1.6% | -1.4% | -1.8% | - | -0.4% | 0.3% | -0.1% | - |
| Return on equity | -8.0% | - | -6.3% | -5.1% | -6.6% | - | -1.3% | 0.8% | -0.5% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.42 | 2.46 | 2.72 | 2.10 | 2.28 | 2.47 | 2.72 | 2.98 | 3.12 | 2.84 |
| Quick ratio | 0.66 | 0.67 | 0.73 | 0.52 | 0.61 | 0.69 | 0.90 | 1.08 | 1.09 | 0.95 |
| Cash ratio | 0.14 | 0.22 | 0.22 | 0.12 | 0.14 | 0.17 | 0.20 | 0.27 | 0.22 | 0.36 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -0.8x | - | -0.9x | -0.8x | -1.5x | - | 1.3x | 1.8x | 1.0x | - |
| Equity multiplier | 4.70 | 4.38 | 4.04 | 3.76 | 3.63 | 3.43 | 3.24 | 3.21 | 3.20 | 3.17 |
| Liabilities / Assets | 0.78 | 0.77 | 0.75 | 0.73 | 0.72 | 0.70 | 0.69 | 0.68 | 0.68 | 0.68 |
| Efficiency | ||||||||||
| Asset turnover | 0.13 | - | 0.11 | 0.12 | 0.12 | - | 0.13 | 0.13 | 0.13 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 159d | - | 157d | 147d | 158d | - | 169d | 170d | 178d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | 156.9x | - | - |
| P / B | 1.2x | - | 0.4x | 0.5x | 0.7x | - | 1.2x | 1.3x | 1.5x | - |
| P / S | 2.0x | - | 0.9x | 1.1x | 1.5x | - | 2.9x | 3.0x | 3.5x | - |
| EV / EBITDA | 42.0x | - | 32.3x | 33.6x | 97.5x | - | 20.1x | 17.3x | 22.8x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 3.0% | - | -13.1% | -10.9% | -4.7% | - | 21.5% | 3.3% | 9.3% | - |
| Revenue CAGR (3y) | 2.4% | - | -7.9% | -8.2% | -8.6% | - | -2.6% | -4.0% | -4.6% | - |
| Revenue CAGR (5y) | -3.1% | - | 0.7% | 4.8% | 0.4% | - | 0.9% | 0.7% | 14.7% | - |
| Gross profit growth (YoY) | -55.6% | - | -59.4% | -47.3% | -17.5% | - | 36.2% | -4.5% | -9.8% | - |
| Operating income growth (YoY) | 32.8% | - | - | - | - | - | 68.8% | -9.5% | -33.9% | - |
| Net income growth (YoY) | 7.2% | - | -296.0% | - | -1133.3% | - | -78.6% | - | - | - |
| EPS growth (YoY) | 7.1% | - | -293.7% | - | -1066.7% | - | -77.8% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | -39.9% | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 4.9% | - | - | - | -35.2% | - | - | - | 39.0% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -23.0% | -19.5% | -18.4% | -13.3% | -11.1% | -9.0% | -4.0% | -7.0% | -19.9% | -17.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$2.90B totalReportable Segment$2.90B · 100.0%
Product / service
$2.90B totalTi O2$2.30B · 79.3%
Product And Service Other$326.00M · 11.2%
Zircon$274.00M · 9.5%
Geographic
$5.80B totalEurope Middle East And Africa$1.17B · 20.1%
Asia Pacific$790.00M · 13.6%
North America$749.00M · 12.9%
US$702.00M · 12.1%
AU$696.00M · 12.0%
Other Foreign$436.00M · 7.5%
SA$384.00M · 6.6%
GB$357.00M · 6.2%
ZA$323.00M · 5.6%
South And Central America$193.00M · 3.3%
Peer comparison
Same SIC group: Industrial Inorganic Chemicals
Comparing Tronox Holdings plc against the 5 most active filers in the same SIC group.
Dividends
$0.20/share trailing 12 months · -60.0% YoY
| Ex-date | Per share |
|---|---|
| May 11, 2026 | $0.0500 |
| Feb 23, 2026 | $0.0500 |
| Nov 10, 2025 | $0.0500 |
| Aug 11, 2025 | $0.0500 |
| May 19, 2025 | $0.1250 |
| Mar 3, 2025 | $0.1250 |
| Nov 8, 2024 | $0.1250 |
| Aug 26, 2024 | $0.1250 |
| May 17, 2024 | $0.1250 |
| Mar 1, 2024 | $0.1250 |
| Nov 10, 2023 | $0.1250 |
| Aug 11, 2023 | $0.1250 |
| May 12, 2023 | $0.1250 |
| Mar 3, 2023 | $0.1250 |
| Nov 10, 2022 | $0.1250 |
| Aug 12, 2022 | $0.1250 |
| May 20, 2022 | $0.1250 |
| Mar 4, 2022 | $0.1250 |
| Nov 12, 2021 | $0.1000 |
| Aug 6, 2021 | $0.1000 |
| May 14, 2021 | $0.0800 |
| Mar 5, 2021 | $0.0800 |
| Nov 13, 2020 | $0.0700 |
| Aug 17, 2020 | $0.0700 |