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TROX · NYSE · United States · Industrial Inorganic Chemicals
In shortTronox Holdings plc is loss-making, burns cash and carries heavy debt, with revenue shrinking (−5.7% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -8.7% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -16.2% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -29.6% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -4.4% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.46× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 2.24× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 60.65× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -1.34× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.47 | 10/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -9.7% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 2 of 5 | 25/100 |
Weight in the score: 20%
| Profitable years (last 5) | 2 of 5 | 40/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 17.7% | 45/100 |
| Operating margin volatility | 9.6% | 22/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -5.7% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 3,572 | 3,454 | 2,850 | 3,074 | 2,898 |
| Gross profit | 895 | 832 | 462 | 515 | 269 |
| Research & development | 13 | 12 | 12 | 14 | 15 |
| Selling, general & admin | 318 | 289 | 276 | 296 | 290 |
| Operating income | 577 | 458 | 186 | 219 | (253) |
| Interest expense | 157 | 125 | 158 | 167 | 189 |
| Pre-tax income | 374 | 308 | 49 | 73 | (458) |
| Income tax | 71 | (192) | 363 | 127 | 15 |
| Net income | 286 | 497 | (316) | (48) | (470) |
| Diluted EPS | $1.81 | $3.16 | −$2.02 | −$0.31 | −$2.97 |
| Diluted shares (millions) | 158 | 157 | 156 | 158 | 158 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of Tronox Holdings plc are included in the Investor plan. Try free for 7 days →
1.47 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
3/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 6, 2026