MARKETS / NYSE / TROX

NYSE · INDUSTRIAL INORGANIC CHEMICALS · LARGE CAP

Tronox Holdings PLC TROX

14 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$2.9B

▼ 5.7% YoY

Net income

$-470.0M

Free cash flow

$-281.0M

In brief

What this company does

Tronox Holdings plc operates titanium-bearing mineral sand mines and beneficiation and smelting operations in Australia and South Africa to produce feedstock materials that can be processed into TiO2 for pigment, high purity titanium chemicals, including titanium tetrachloride, and ultrafine TiO2 used in certain specialty applications. It operates seven pigment facilities located in the United States, Australia, Brazil, UK, France, and the Kingdom of Saudi Arabia. It supplies and markets TiO2 under the brand name TIONA and CristalActiv to approximately 1,200 customers in approximately 120 countries. In 2025, it generated $2.3 billion in revenue from sales of TiO2. In 2025, it generated $274 million in revenue from sales of zircon. In 2025, it generated $326 million in revenue from the sale of high purity pig iron, monazite, titanium tetrachloride and other products. It employs approximately 5,700 people across six continents.

Written from the business description in TRONOX HOLDINGS PLC's annual report to the U.S. Securities and Exchange Commission, filed 20 February 2026. Every sentence was checked against that document before publication.

Growth

USD 2.9B

Revenue, FY2025 · full 14-year series below

Revenue $B Net income $B

FY2025 · Revenue 2.9 · Net income -0.5

Compound annual growth

Revenue

−5.7%

+1.0%

+6.7%

Dividend / share

−11.2%

+4.6%

Returned to shareholders

−29.3%

+3.7%

−8.5%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +1.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−16 cents

lost on every revenue dollar

Operating margin Net margin

FY2025 · Operating -8.7% · Net -16.3%

ROE

FY2025 · ROE -29.6%

Gross margin9.3%

Operating margin-8.7%

Net margin-16.3%

Return on assets-7.7%

EBITDAUSD 49.0M

Each USD of equity lost 30 cents this year.

Cash & shareholders

USD 48.0M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF -281.0

Net buybacks $M Dividends $M

FY2025 · Dividends 48.0 · Net buybacks —

Dividends paidUSD 48.0M

Net buybacks—

Share of profit-10.2%

Consecutive raises—

USD 48.0M in dividends went back to shareholders in a year without profit.

Total assetsUSD 6.2B

EquityUSD 1.4B

CashUSD 199.0M

Gross debtUSD 3.2B

Net debtUSD 3.0B

Current ratio2.46×

Net debt stands at 210% of equity.

The 14-year record

14 fiscal years

Every figure from documents filed with the SEC · USD

The share count changed between 2012 and 2018, but the exact year can't be marked here — the underlying count wasn't on file for every year in that stretch.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue $B	2.9	3.1	2.9	3.5	3.6	2.8	2.6	1.8	1.7	1.3	1.5	1.7	1.9	1.8
Operating income $B	−0.3	0.2	0.2	0.5	0.6	0.3	0.1	0.2	0.1	−0.1	−0.2	0.0	0.0	0.0
EBITDA $B	0.0	0.5	0.5	0.7	0.9	0.6	0.4	0.4	0.3	0.1	0.1	0.3	0.3	0.2
Income tax $B	0.0	0.1	0.4	−0.2	0.1	−0.9	0.0	0.0	0.0	−0.1	0.0	0.3	0.0	−0.1
Net income $B	−0.5	−0.0	−0.3	0.5	0.3	1.0	−0.1	−0.0	−0.3	−0.1	−0.3	−0.4	−0.1	1.1
Free cash flow $B	−0.3	−0.1	−0.1	0.2	0.5	0.2	0.2	0.1	0.1	−0.0	−0.1	−0.0	0.2	−0.0
EPS, diluted $	−2.97	−0.31	−2.02	3.16	1.81	6.69	−0.78	−0.06	−2.39	−0.52	−2.84	−3.74	−1.11	11.10
Dividend / sh $	0.35	0.50	0.50	0.50	0.36	0.28	0.18	0.04	·	·	·	·	·	·
Payout %	−10	−167	−28	18	23	4	−25	−329	−8	−75	−36	−27	−91	5
ROE %	−29.6	−2.6	−14.7	22.8	15.5	79.2	−15.2	−0.9	−31.0	−6.1	−25.2	−22.2	−5.2	42.8
Shares out B	0.16	0.16	0.16	0.15	0.15	0.14	0.14	0.12	·	·	·	·	·	0.05

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 65 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 30 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityIndustrial Inorganic Chemicals

Listed onNYSE

Incorporated inoutside the United States — SEC code X0

Fiscal year endsDecember 31

Data on record since2010