InsiderClue
Stocks · Materials · Industrial Inorganic Chemicals

Tronox Holdings plc

TROX Clue Score25
United States Fiscal year ends December CIK 0001530804
$3.63 -3.97% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $3.63 −85.42% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1,309.0Operating income−53.0Net income−61.0Fiscal year 2017Revenue1,698.0 +29.7%Operating income141.0Net income−285.0Fiscal year 2018Revenue1,819.0 +7.1%Operating income200.0Net income−7.0EPS, diluted−0.06Fiscal year 2019Revenue2,642.0 +45.2%Operating income95.0Net income−109.0EPS, diluted−0.78Fiscal year 2020Revenue2,758.0 +4.4%Operating income271.0Net income969.0EPS, diluted6.69Fiscal year 2021Revenue3,572.0 +29.5%Operating income577.0Net income286.0 −70.5%EPS, diluted1.81 −72.9%Fiscal year 2022Revenue3,454.0 −3.3%Operating income458.0Net income497.0 +73.8%EPS, diluted3.16 +74.6%Fiscal year 2023Revenue2,850.0 −17.5%Operating income186.0Net income−316.0 −163.6%EPS, diluted−2.02 −163.9%Fiscal year 2024Revenue3,074.0 +7.9%Operating income219.0Net income−48.0EPS, diluted−0.31Fiscal year 2025Revenue2,898.0 −5.7%Operating income−253.0Net income−470.0EPS, diluted−2.97
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1,309.0 1,698.0 1,819.0 2,642.0 2,758.0 3,572.0 3,454.0 2,850.0 3,074.0 2,898.0
Growth +29.7% +7.1% +45.2% +4.4% +29.5% −3.3% −17.5% +7.9% −5.7%
Operating income −53.0 141.0 200.0 95.0 271.0 577.0 458.0 186.0 219.0 −253.0
Net income −61.0 −285.0 −7.0 −109.0 969.0 286.0 497.0 −316.0 −48.0 −470.0
Growth −70.5% +73.8% −163.6%
EPS, diluted n/a n/a −0.06 −0.78 6.69 1.81 3.16 −2.02 −0.31 −2.97
Growth −72.9% +74.6% −163.9%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin10.2%Operating margin−4.0%Net margin−4.7%Free cash flow margin−0.2%Fiscal year 2017Gross margin22.9%Operating margin8.3%Net margin−16.8%Free cash flow margin4.4%Fiscal year 2018Gross margin27.4%Operating margin11.0%Net margin−0.4%Free cash flow margin2.9%Fiscal year 2019Gross margin17.6%Operating margin3.6%Net margin−4.1%Free cash flow margin8.1%Fiscal year 2020Gross margin22.5%Operating margin9.8%Net margin35.1%Free cash flow margin5.8%Fiscal year 2021Gross margin25.1%Operating margin16.2%Net margin8.0%Free cash flow margin13.1%Fiscal year 2022Gross margin24.1%Operating margin13.3%Net margin14.4%Free cash flow margin4.9%Fiscal year 2023Gross margin16.2%Operating margin6.5%Net margin−11.1%Free cash flow margin−2.7%Fiscal year 2024Gross margin16.8%Operating margin7.1%Net margin−1.6%Free cash flow margin−2.3%Fiscal year 2025Gross margin9.3%Operating margin−8.7%Net margin−16.2%Free cash flow margin−9.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 10.2% 22.9% 27.4% 17.6% 22.5% 25.1% 24.1% 16.2% 16.8% 9.3%
Operating margin −4.0% 8.3% 11.0% 3.6% 9.8% 16.2% 13.3% 6.5% 7.1% −8.7%
Net margin −4.7% −16.8% −0.4% −4.1% 35.1% 8.0% 14.4% −11.1% −1.6% −16.2%
Free cash flow margin −0.2% 4.4% 2.9% 8.1% 5.8% 13.1% 4.9% −2.7% −2.3% −9.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow84.0Capital expenditure−86.0Free cash flow−2.0Dividends paid−46.0Fiscal year 2017Operating cash flow165.0Capital expenditure−91.0Free cash flow74.0Buybacks0.0Dividends paid−23.0Fiscal year 2018Operating cash flow170.0Capital expenditure−117.0Free cash flow53.0 −28.4%Buybacks0.0Dividends paid−23.0Fiscal year 2019Operating cash flow412.0Capital expenditure−198.0Free cash flow214.0 +303.8%Buybacks−288.0Dividends paid−27.0Fiscal year 2020Operating cash flow355.0Capital expenditure−195.0Free cash flow160.0 −25.2%Buybacks0.0Dividends paid−40.0Fiscal year 2021Operating cash flow740.0Capital expenditure−272.0Free cash flow468.0 +192.5%Buybacks0.0Dividends paid−65.0Fiscal year 2022Operating cash flow598.0Capital expenditure−428.0Free cash flow170.0 −63.7%Buybacks−50.0Dividends paid−87.0Fiscal year 2023Operating cash flow184.0Capital expenditure−261.0Free cash flow−77.0 −145.3%Buybacks0.0Dividends paid−89.0Fiscal year 2024Operating cash flow300.0Capital expenditure−370.0Free cash flow−70.0Buybacks0.0Dividends paid−80.0Fiscal year 2025Operating cash flow60.0Capital expenditure−341.0Free cash flow−281.0Dividends paid−48.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 84.0 165.0 170.0 412.0 355.0 740.0 598.0 184.0 300.0 60.0
Capital expenditure −86.0 −91.0 −117.0 −198.0 −195.0 −272.0 −428.0 −261.0 −370.0 −341.0
Free cash flow −2.0 74.0 53.0 214.0 160.0 468.0 170.0 −77.0 −70.0 −281.0
Growth −28.4% +303.8% −25.2% +192.5% −63.7% −145.3%
Buybacks n/a 0.0 0.0 −288.0 0.0 0.0 −50.0 0.0 0.0 n/a
Dividends paid −46.0 −23.0 −23.0 −27.0 −40.0 −65.0 −87.0 −89.0 −80.0 −48.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash248.0Total debt2,904.0Net cash (debt)−2,656.0Shareholders’ equity1,009.0Debt to equity2.88Fiscal year 2017Cash1,116.0Shareholders’ equity829.0Fiscal year 2018Cash1,034.0Shareholders’ equity683.0Fiscal year 2019Cash302.0Shareholders’ equity748.0Fiscal year 2020Cash619.0Shareholders’ equity1,698.0Fiscal year 2021Cash228.0Total debt18.0Net cash (debt)210.0Shareholders’ equity1,994.0Debt to equity0.01Fiscal year 2022Cash164.0Total debt24.0Net cash (debt)140.0Shareholders’ equity2,357.0Debt to equity0.01Fiscal year 2023Cash273.0Total debt27.0Net cash (debt)246.0Shareholders’ equity1,936.0Debt to equity0.01Fiscal year 2024Cash151.0Total debt35.0Net cash (debt)116.0Shareholders’ equity1,761.0Debt to equity0.02Fiscal year 2025Cash199.0Total debt39.0Net cash (debt)160.0Shareholders’ equity1,418.0Debt to equity0.03
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 248.0 1,116.0 1,034.0 302.0 619.0 228.0 164.0 273.0 151.0 199.0
Total debt 2,904.0 n/a n/a n/a n/a 18.0 24.0 27.0 35.0 39.0
Net cash (debt) −2,656.0 n/a n/a n/a n/a 210.0 140.0 246.0 116.0 160.0
Shareholders’ equity 1,009.0 829.0 683.0 748.0 1,698.0 1,994.0 2,357.0 1,936.0 1,761.0 1,418.0
Debt to equity 2.88 n/a n/a n/a n/a 0.01 0.01 0.01 0.02 0.03

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
10.2% 22.9% 27.4% 17.6% 22.5% 25.1% 24.1% 16.2% 16.8% 9.3%
−4.0% 8.3% 11.0% 3.6% 9.8% 16.2% 13.3% 6.5% 7.1% −8.7%
−20.2% −5.1% 2.4% −3.3% 4.1% 10.5% 8.9% 1.7% 2.4% −15.8%
−4.7% −16.8% −0.4% −4.1% 35.1% 8.0% 14.4% −11.1% −1.6% −16.2%
−0.2% 4.4% 2.9% 8.1% 5.8% 13.1% 4.9% −2.7% −2.3% −9.7%
Spending
0.7% 0.5% 0.6% 0.6% 0.4% 0.4% 0.3% 0.4% 0.5% 0.5%
14.1% 14.7% 14.7% 13.1% 12.6% 8.9% 8.4% 9.7% 9.6% 10.0%
6.6% 5.4% 6.4% 7.5% 7.1% 7.6% 12.4% 9.2% 12.0% 11.8%
n/a n/a 30.2% n/a −772.8% 19.0% −62.3% 740.8% 174.0% n/a
Returns
−6.0% −34.4% −1.0% −14.6% 57.1% 14.3% 21.1% −16.3% −2.7% −33.1%
−1.2% −5.9% −0.2% −2.1% 14.8% 4.8% 7.9% −5.2% −0.8% −7.6%
Balance and payout
2.88 n/a n/a n/a n/a 0.01 0.01 0.01 0.02 0.03
76.8% 79.1% 81.4% 82.6% 71.5% 65.9% 61.9% 67.7% 70.3% 76.7%
n/a n/a n/a n/a 4.1% 22.7% 17.5% n/a n/a n/a
n/a 31.1% 43.4% 147.2% 25.0% 13.9% 80.6% n/a n/a n/a