TROX
Tronox Holdings Plc Materials Industrial Inorganic Chemicals Russell 3000
$3.60Close
$570.8MMarket cap
$2.82 – $10.3452-week range
Nov 4, 2026Next report · after the close
Highlights
Cautions
- Not in an uptrend 0 of 8 trend conditions
- Lagging the market RS 6 · weaker than 94% of stocks over 12 months
- Far from its high 65% below its 52-week high
- Distribution down-day volume 2.0× up-day volume over 50 sessions
- Results soon Nov 4, 2026, in 3 days
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
65%
1wk
up 4.0%
price change
1mo
down 8.9%
price change
12-month return
up 4%
market up 11% ·
its own down 8%
F-score
2 / 9
Weak
Altman Z
0.67
Elevated risk
P/E
—
price / earnings
PEG
—
P/E / EPS growth
P/B
0.4×
price / book
Earnings yield
down 7.1%
EBIT / enterprise value
Cheaper than
37%
of the market · expensive
Revenue growth
down 6%
year on year
EPS growth
—
latest quarter
Sales growth
up 19%
latest quarter · +16 pts
ROE
down 30%
return on equity
Free cash margin
down 10%
-$281.0M FCF
D/E
2.26
long-term debt / equity
Net debt / EBITDA
61.3×
Interest cover
Lossoperating loss
Piotroski tests
- not yet profitable on its assets
- profitability slipped from last year
- took on more long-term debt
- short-term liquidity weakened
- issued more shares
- gross margin narrowed
- assets working less efficiently
- generating cash from operations
- profits backed by cash
Trade setup
ATR%
5.9%
$0.21 a day · 2×ATR $3.18
RS
6 / 99
vs the universe
Trend
0 / 8
trend template
Relative volume
0.7×
vs 50-day average
Up/down volume
0.51
50 sessions
Implied move
—
no option chain · report Nov 4, 2026
Trend template · 0 of 8
Screen verdict
Did not qualify for any screen.
Warning signs
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Losing money before interest is even paid The company made an operating loss, so interest is not covered at all - the debt is being serviced from cash reserves, asset sales or new borrowing rather than from the business.
- Heavily indebted Net debt is 61.3 times EBITDA — roughly 61 years of earnings before interest, tax and depreciation to repay borrowings in full.
- Gross margin narrowing Gross margin fell from 16.8% to 9.3%. The company is keeping less of each dollar of sales than it did a year ago.
- Revenue shrinking Revenue fell 5.7% over the year, from $3.1B to $2.9B.
Last reported
Aug 6, 2026
Results reaction
Aug 6, 2026+11% vs market2 sessions after results
Financials
- Gross 9%
- Net -16%
- Free cash -10%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.8B | $3.6B | $3.5B | $2.9B | $3.1B | $2.9B |
| Gross margin | 23% | 25% | 24% | 16% | 17% | 9% |
| Operating income | $271.0M | $577.0M | $458.0M | $186.0M | $219.0M | -$253.0M |
| Net income | $969.0M | $286.0M | $497.0M | -$316.0M | -$48.0M | -$470.0M |
| Net margin | 35% | 8% | 14% | -11% | -2% | -16% |
| Earnings per share | $6.69 | $1.81 | $3.16 | -$2.02 | -$0.30 | -$2.97 |
| Free cash flow | $160.0M | $468.0M | $170.0M | -$77.0M | -$70.0M | -$281.0M |
| Free cash margin | 6% | 13% | 5% | -3% | -2% | -10% |
| Cash | $619.0M | $228.0M | $164.0M | $273.0M | $151.0M | $199.0M |
| Long-term debt | $3.4B | $2.6B | $2.5B | $2.8B | $2.8B | $3.2B |
| Shareholders' equity | $1.7B | $2.0B | $2.4B | $1.9B | $1.8B | $1.4B |
| Shares outstanding | 143.56m | 153.93m | 154.50m | 156.79m | 157.94m | 158.56m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 6, 2026 | Quarterly ↗ | Jun 30, 2026 | 37d |
| May 7, 2026 | Quarterly ↗ | Mar 31, 2026 | 37d |
| Feb 20, 2026 | Annual ↗ | Dec 31, 2025 | 51d |
| Nov 6, 2025 | Quarterly ↗ | Sep 30, 2025 | 37d |
| Jul 31, 2025 | Quarterly ↗ | Jun 30, 2025 | 31d |
| May 1, 2025 | Quarterly ↗ | Mar 31, 2025 | 31d |
| Feb 19, 2025 | Annual ↗ | Dec 31, 2024 | 50d |
| Oct 25, 2024 | Quarterly ↗ | Sep 30, 2024 | 25d |
| Aug 2, 2024 | Quarterly ↗ | Jun 30, 2024 | 33d |
| May 2, 2024 | Quarterly ↗ | Mar 31, 2024 | 32d |
| Feb 21, 2024 | Annual ↗ | Dec 31, 2023 | 52d |
| Oct 26, 2023 | Quarterly ↗ | Sep 30, 2023 | 26d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 28, 2026 | Director or officer change ↗ |
| Aug 6, 2026 | Results ↗ |
| Jul 29, 2026 | Director or officer change · Other events ↗ |
| May 7, 2026 | Results ↗ |
| Apr 29, 2026 | Shareholder vote ↗ |
| Apr 28, 2026 | Other events ↗ |
| Feb 19, 2026 | Results ↗ |
| Feb 11, 2026 | Director or officer change · Other events ↗ |
| Jan 26, 2026 | Results ↗ |
| Nov 6, 2025 | Results ↗ |
| Oct 29, 2025 | Other events ↗ |
| Sep 26, 2025 | Material agreement · New obligation ↗ |