Tronox Holdings Plc Financials

TROX

Export CSV

Key Financial Metrics

Revenue

$3.1B

YoY+7.9%

5Y CAGR+3.1%

10Y CAGR+5.9%

Tronox Holdings Plc generated $3.1B in revenue in fiscal year 2024. This represents an increase of 7.9% from the prior year.

EBITDA

$504.0M

YoY+9.3%

5Y CAGR+6.1%

10Y CAGR+5.5%

Tronox Holdings Plc's EBITDA was $504.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 9.3% from the prior year.

Free Cash Flow

-$70.0M

YoY+9.1%

Tronox Holdings Plc generated -$70.0M in free cash flow in fiscal year 2024, representing cash available after capital expenditures. This represents an increase of 9.1% from the prior year.

Net Income

-$48.0M

YoY+84.8%

Tronox Holdings Plc reported -$48.0M in net income in fiscal year 2024. This represents an increase of 84.8% from the prior year.

EPS (Diluted)

$-0.31

YoY+84.7%

Tronox Holdings Plc earned $-0.31 per diluted share in fiscal year 2024. This represents an increase of 84.7% from the prior year.

Cash & Debt

$151.0M

YoY-44.7%

5Y CAGR-12.9%

10Y CAGR-19.2%

Tronox Holdings Plc held $151.0M in cash against $2.8B in long-term debt as of fiscal year 2024.

Dividends Per Share

$0.50

YoY+0.0%

5Y CAGR+22.7%

Tronox Holdings Plc paid $0.50 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Shares Outstanding

158M

YoY+0.7%

5Y CAGR+2.2%

Tronox Holdings Plc had 158M shares outstanding in fiscal year 2024. This represents an increase of 0.7% from the prior year.

Gross Margin

16.8%

YoY+0.5pp

5Y CAGR-0.8pp

10Y CAGR+4.8pp

Tronox Holdings Plc's gross margin was 16.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.5 percentage points from the prior year.

Operating Margin

7.1%

YoY+0.6pp

5Y CAGR+3.5pp

10Y CAGR+7.1pp

Tronox Holdings Plc's operating margin was 7.1% in fiscal year 2024, reflecting core business profitability. This is up 0.6 percentage points from the prior year.

Net Margin

-1.6%

YoY+9.5pp

5Y CAGR+2.6pp

10Y CAGR+23.0pp

Tronox Holdings Plc's net profit margin was -1.6% in fiscal year 2024, showing the share of revenue converted to profit. This is up 9.5 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

$14.0M

YoY+16.7%

5Y CAGR-3.8%

10Y CAGR+2.4%

Tronox Holdings Plc invested $14.0M in research and development in fiscal year 2024. This represents an increase of 16.7% from the prior year.

Share Buybacks

Tronox Holdings Plc spent $0 on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

$370.0M

YoY+41.8%

5Y CAGR+13.3%

10Y CAGR+7.1%

Tronox Holdings Plc invested $370.0M in capital expenditures in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 41.8% from the prior year.

TROX Income Statement

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Revenue	$3.1B+7.9%	$2.9B-17.5%	$3.5B-3.3%	$3.6B+29.5%	$2.8B+4.4%	$2.6B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$515.0M+11.5%	$462.0M-44.5%	$832.0M-7.0%	$895.0M+44.1%	$621.0M+33.8%	$464.0M
R&D Expenses	$14.0M+16.7%	$12.0M0.0%	$12.0M-7.7%	$13.0M+8.3%	$12.0M-29.4%	$17.0M
SG&A Expenses	$296.0M+7.2%	$276.0M-4.5%	$289.0M-9.1%	$318.0M-8.4%	$347.0M0.0%	$347.0M
Operating Income	$219.0M+17.7%	$186.0M-59.4%	$458.0M-20.6%	$577.0M+112.9%	$271.0M+185.3%	$95.0M
Interest Expense	$168.0M+7.0%	$157.0M+18.9%	$132.0M-15.9%	$157.0M-16.9%	$189.0M-6.0%	$201.0M
Income Tax	$127.0M-65.0%	$363.0M+289.1%	-$192.0M-370.4%	$71.0M+108.1%	-$881.0M-6392.9%	$14.0M
Net Income	-$48.0M+84.8%	-$316.0M-163.6%	$497.0M+73.8%	$286.0M-70.5%	$969.0M+989.0%	-$109.0M
EPS (Diluted)	$-0.31+84.7%	$-2.02-163.9%	$3.16+74.6%	$1.81-72.9%	$6.69+957.7%	$-0.78

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	$699.0M-4.4%	$731.0M-0.9%	$738.0M	N/A	$804.0M-2.0%	$820.0M+5.9%	$774.0M	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$52.0M-34.2%	$79.0M-20.2%	$99.0M	N/A	$128.0M-14.7%	$150.0M+25.0%	$120.0M	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$70.0M-2.8%	$72.0M-2.7%	$74.0M	N/A	$74.0M0.0%	$74.0M-6.3%	$79.0M	N/A
Operating Income	-$43.0M-22.9%	-$35.0M+42.6%	-$61.0M	N/A	$54.0M-28.9%	$76.0M+85.4%	$41.0M	N/A
Interest Expense	$48.0M+6.7%	$45.0M+7.1%	$42.0M	N/A	$42.0M0.0%	$42.0M0.0%	$42.0M	N/A
Income Tax	$8.0M+100.0%	$4.0M-20.0%	$5.0M	N/A	$26.0M-42.2%	$45.0M+309.1%	$11.0M	N/A
Net Income	-$99.0M-16.5%	-$85.0M+23.4%	-$111.0M	N/A	-$25.0M-350.0%	$10.0M+211.1%	-$9.0M	N/A
EPS (Diluted)	$-0.63-18.9%	$-0.53+24.3%	$-0.70	N/A	$-0.16-260.0%	$0.10+266.7%	$-0.06	N/A

TROX Balance Sheet

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Total Assets	$6.0B-1.6%	$6.1B-2.7%	$6.3B+5.3%	$6.0B-8.8%	$6.6B+24.7%	$5.3B
Current Assets	$2.2B+0.9%	$2.1B+8.9%	$2.0B-4.3%	$2.0B-19.0%	$2.5B+22.0%	$2.1B
Cash & Equivalents	$151.0M-44.7%	$273.0M+66.5%	$164.0M-28.1%	$228.0M-63.2%	$619.0M+105.0%	$302.0M
Inventory	$1.6B+9.1%	$1.4B+11.2%	$1.3B+21.9%	$1.0B-7.8%	$1.1B+0.5%	$1.1B
Accounts Receivable	$266.0M-8.3%	$290.0M-23.1%	$377.0M-40.3%	$631.0M+16.9%	$540.0M+12.0%	$482.0M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$4.2B+2.2%	$4.2B+6.4%	$3.9B-1.1%	$3.9B-16.0%	$4.7B+7.9%	$4.4B
Current Liabilities	$874.0M+16.1%	$753.0M-11.4%	$850.0M+3.4%	$822.0M+2.1%	$805.0M+14.7%	$702.0M
Long-Term Debt	$2.8B-1.0%	$2.8B+13.1%	$2.5B-3.7%	$2.6B-21.6%	$3.3B+9.2%	$3.0B
Total Equity	$1.8B-11.1%	$2.0B-17.6%	$2.4B+17.7%	$2.0B+9.1%	$1.9B+104.3%	$916.0M
Retained Earnings	$555.0M-18.9%	$684.0M-36.7%	$1.1B+62.9%	$663.0M+52.8%	$434.0M+188.0%	-$493.0M

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$6.3B+1.9%	$6.2B+1.9%	$6.1B+0.5%	$6.0B-2.5%	$6.2B+1.6%	$6.1B+1.2%	$6.0B-1.8%	$6.1B
Current Assets	$2.3B+3.1%	$2.2B+2.1%	$2.2B+1.8%	$2.2B-2.9%	$2.2B-0.3%	$2.2B+3.1%	$2.2B+1.1%	$2.1B
Cash & Equivalents	$185.0M+40.2%	$132.0M-4.3%	$138.0M-8.6%	$151.0M-9.6%	$167.0M-16.9%	$201.0M+32.2%	$152.0M-44.3%	$273.0M
Inventory	$1.7B+0.2%	$1.7B+5.0%	$1.6B+3.5%	$1.6B+4.7%	$1.5B+4.1%	$1.4B+1.5%	$1.4B-1.3%	$1.4B
Accounts Receivable	$301.0M+2.4%	$294.0M-7.8%	$319.0M+19.9%	$266.0M-28.7%	$373.0M-2.4%	$382.0M+1.1%	$378.0M+30.3%	$290.0M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$4.7B+4.5%	$4.5B+3.3%	$4.4B+2.7%	$4.2B0.0%	$4.2B+1.9%	$4.2B+1.7%	$4.1B-1.4%	$4.2B
Current Liabilities	$847.0M-20.7%	$1.1B+11.1%	$961.0M+10.0%	$874.0M+7.0%	$817.0M+9.5%	$746.0M+8.0%	$691.0M-8.2%	$753.0M
Long-Term Debt	$3.1B+14.1%	$2.7B-0.1%	$2.8B-0.2%	$2.8B-0.3%	$2.8B-0.5%	$2.8B0.0%	$2.8B-0.2%	$2.8B
Total Equity	$1.6B-7.0%	$1.7B-1.6%	$1.7B-3.1%	$1.8B-9.5%	$1.9B+0.8%	$1.9B+0.3%	$1.9B-2.8%	$2.0B
Retained Earnings	$213.0M-33.6%	$321.0M-24.5%	$425.0M-23.4%	$555.0M-8.4%	$606.0M-6.9%	$651.0M-0.6%	$655.0M-4.2%	$684.0M

TROX Cash Flow Statement

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Operating Cash Flow	$300.0M+63.0%	$184.0M-69.2%	$598.0M-19.2%	$740.0M+108.5%	$355.0M-13.8%	$412.0M
Capital Expenditures	$370.0M+41.8%	$261.0M-39.0%	$428.0M+57.4%	$272.0M+39.5%	$195.0M-1.5%	$198.0M
Free Cash Flow	-$70.0M+9.1%	-$77.0M-145.3%	$170.0M-63.7%	$468.0M+192.5%	$160.0M-25.2%	$214.0M
Investing Cash Flow	-$343.0M-34.5%	-$255.0M+38.6%	-$415.0M-54.3%	-$269.0M-17.5%	-$229.0M	N/A
Financing Cash Flow	-$71.0M-140.3%	$176.0M+170.4%	-$250.0M+71.5%	-$877.0M-509.8%	$214.0M+133.5%	-$638.0M
Dividends Paid	$80.0M-10.1%	$89.0M+2.3%	$87.0M+33.8%	$65.0M+62.5%	$40.0M+48.1%	$27.0M
Share Buybacks	$0	$0-100.0%	$50.0M	$0	$0-100.0%	$288.0M

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	N/A	N/A	-$32.0M	N/A	N/A	N/A	-$29.0M	N/A
Capital Expenditures	N/A	N/A	$110.0M	N/A	N/A	N/A	$76.0M	N/A
Free Cash Flow	N/A	N/A	-$142.0M	N/A	N/A	N/A	-$105.0M	N/A
Investing Cash Flow	N/A	N/A	-$95.0M	N/A	N/A	N/A	-$76.0M	N/A
Financing Cash Flow	N/A	N/A	$108.0M	N/A	N/A	N/A	-$12.0M	N/A
Dividends Paid	N/A	N/A	$0	N/A	N/A	N/A	$1.0M	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

TROX Financial Ratios

Metric	FY24	FY24	FY24	FY23	FY22	FY21
Gross Margin	16.8%+0.5pp	16.2%-7.9pp	24.1%-1.0pp	25.1%+2.5pp	22.5%+5.0pp	17.6%
Operating Margin	7.1%+0.6pp	6.5%-6.7pp	13.3%-2.9pp	16.2%+6.3pp	9.8%+6.2pp	3.6%
Net Margin	-1.6%+9.5pp	-11.1%-25.5pp	14.4%+6.4pp	8.0%-27.1pp	35.1%+39.3pp	-4.1%
Return on Equity	N/A	N/A	20.7%+6.7pp	14.0%-37.8pp	51.8%	N/A
Return on Assets	-0.8%+4.4pp	-5.1%-13.0pp	7.9%+3.1pp	4.8%-10.0pp	14.8%+16.8pp	-2.1%
Current Ratio	2.47-0.4	2.84+0.5	2.31-0.2	2.49-0.6	3.14+0.2	2.95
Debt-to-Equity	1.57+0.2	1.41+0.4	1.03-0.2	1.25-0.5	1.74-1.5	3.26
FCF Margin	-2.3%+0.4pp	-2.7%-7.6pp	4.9%-8.2pp	13.1%+7.3pp	5.8%-2.3pp	8.1%

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	7.4%-3.4pp	10.8%-2.6pp	13.4%	N/A	15.9%-2.4pp	18.3%+2.8pp	15.5%	N/A
Operating Margin	-6.2%-1.4pp	-4.8%+3.5pp	-8.3%	N/A	6.7%-2.6pp	9.3%+4.0pp	5.3%	N/A
Net Margin	-14.2%-2.5pp	-11.6%+3.4pp	-15.0%	N/A	-3.1%-4.3pp	1.2%+2.4pp	-1.2%	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	0.5%	N/A	N/A
Return on Assets	-1.6%-0.2pp	-1.4%+0.5pp	-1.8%	N/A	-0.4%-0.6pp	0.2%+0.3pp	-0.1%	N/A
Current Ratio	2.72+0.6	2.10-0.2	2.28-0.2	2.47-0.3	2.72-0.3	2.98-0.1	3.12+0.3	2.84
Debt-to-Equity	2.01+0.4	1.64+0.0	1.61+0.0	1.57+0.1	1.42-0.0	1.440.0	1.44+0.0	1.41
FCF Margin	N/A	N/A	-19.2%	N/A	N/A	N/A	-13.6%	N/A

Frequently Asked Questions

What is Tronox Holdings Plc's annual revenue?

Tronox Holdings Plc (TROX) reported $3.1B in revenue for fiscal year 2024.

How fast is Tronox Holdings Plc's revenue growing?

Tronox Holdings Plc (TROX) revenue grew by 7.9% year-over-year, from $2.9B to $3.1B in fiscal year 2024.

Is Tronox Holdings Plc profitable?

No, Tronox Holdings Plc (TROX) reported a net income of -$48.0M in fiscal year 2024, with a net profit margin of -1.6%.

What is Tronox Holdings Plc's earnings per share (EPS)?

Tronox Holdings Plc (TROX) reported diluted earnings per share of $-0.31 for fiscal year 2024.

What is Tronox Holdings Plc's EBITDA?

Tronox Holdings Plc (TROX) had EBITDA of $504.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Tronox Holdings Plc have?

As of fiscal year 2024, Tronox Holdings Plc (TROX) had $151.0M in cash and equivalents against $2.8B in long-term debt.

What is Tronox Holdings Plc's gross margin?

Tronox Holdings Plc (TROX) had a gross margin of 16.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Tronox Holdings Plc's operating margin?

Tronox Holdings Plc (TROX) had an operating margin of 7.1% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Tronox Holdings Plc's net profit margin?

Tronox Holdings Plc (TROX) had a net profit margin of -1.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Tronox Holdings Plc pay dividends?

Yes, Tronox Holdings Plc (TROX) paid $0.50 per share in dividends during fiscal year 2024.

What is Tronox Holdings Plc's free cash flow?

Tronox Holdings Plc (TROX) generated -$70.0M in free cash flow during fiscal year 2024, representing cash available after capital expenditures.

What is Tronox Holdings Plc's operating cash flow?

Tronox Holdings Plc (TROX) generated $300.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Tronox Holdings Plc's total assets?

Tronox Holdings Plc (TROX) had $6.0B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Tronox Holdings Plc's capital expenditures?

Tronox Holdings Plc (TROX) invested $370.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Tronox Holdings Plc spend on research and development?

Tronox Holdings Plc (TROX) invested $14.0M in research and development during fiscal year 2024.

How many shares does Tronox Holdings Plc have outstanding?

Tronox Holdings Plc (TROX) had 158M shares outstanding as of fiscal year 2024.

What is Tronox Holdings Plc's current ratio?

Tronox Holdings Plc (TROX) had a current ratio of 2.47 as of fiscal year 2024, which is generally considered healthy.

What is Tronox Holdings Plc's debt-to-equity ratio?

Tronox Holdings Plc (TROX) had a debt-to-equity ratio of 1.57 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Tronox Holdings Plc's return on assets (ROA)?

Tronox Holdings Plc (TROX) had a return on assets of -0.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.