Stocks · Basic Materials · Chemicals
Tronox Holdings plc TROX
$3.93 +2.88% Close, Oct 2, 2026 · NYSE · Market cap $626.9M
Expensive vs sectorHigh risk
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The stock is 62% below its highest close of the past year.
- Net debt is 36.1× EBITDA, a high level of leverage.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Basic Materials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 44%
- Revenue growth, 3-year CAGRBottom 28%
- Revenue growth accelerationTop 12%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 26%
- Gross marginBottom 10%
- Operating marginBottom 18%
- Accruals (lower is better)Top 20%
- Net debt / EBITDA (lower is better)Bottom 3%
- Interest coverBottom 22%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 1%
- Free-cash-flow yieldBottom 2%
- EBITDA / enterprise valueBottom 29%
- Sales / enterprise valueTop 31%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 32%
- 6-month returnBottom 2%
- 1-year return vs S&P 500Bottom 47%
- Distance from 52-week highBottom 9%
- Trend checklist (0–4)Bottom 26%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 18%
- Consecutive EPS beatsBottom 21%
- Share of analysts rating BuyBottom 18%
- Upside to consensus price targetTop 14%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 30%
- Maximum drawdown, 3 yearsBottom 6%
- Beta vs S&P 500 (lower is better)Bottom 9%
- Net debt / EBITDA (lower is better)Bottom 3%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -4.0% | 3.5% | ↑ |
| Gross margin | 13.5% | 5.3% | ↓ |
| Operating margin | 1.6% | -3.5% | ↓ |
| FCF margin | -8.3% | -5.2% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 3.5% | -4.0% | ↑ | Bottom 44% |
| Gross margin | 5.3% | 13.5% | ↓ | Bottom 10% |
| Operating margin | -3.5% | 1.6% | ↓ | Bottom 18% |
| Net margin | -18.0% | -8.5% | ↓ | — |
| Free-cash-flow margin | -5.2% | -8.3% | ↑ | — |
| Return on invested capital | -2.1% | — | Bottom 26% | |
| Revenue growth, 3-year CAGR | -5.8% | — | Bottom 28% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -10.9%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.7%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +19.5 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 36.10×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -0.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 7.02%
- Net buyback yield (TTM)
- 0.00%
- Shareholder yield
- 7.02%
- Share count change, 1 year
- +0.9%
- Share count change, 3-year CAGR
- +0.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 0 of 8
- Average EPS surprise, last 4
- -52.0%
- Average 2-day reaction, last 8
- -1.5%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $7.57
- Target vs current price
- +92.6%
- Analysts with a rating
- 17
- Share rating Buy or Strong Buy
- 35%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | -34.8% | -1.5% | +7.6% | -15.2% | — |
| May 6, 2026 | -14.6% | -3.4% | -16.5% | -23.0% | -44.3% |
| Feb 18, 2026 | -39.5% | +2.0% | -5.8% | +3.2% | +15.7% |
| Nov 5, 2025 | -119.0% | +0.0% | +9.1% | +23.5% | +99.4% |
| Jul 30, 2025 | -600.0% | -6.9% | -39.7% | -25.4% | -36.1% |
| Apr 30, 2025 | -850.0% | -1.5% | -3.3% | -12.2% | +6.0% |
| Feb 12, 2025 | -50.0% | -1.2% | -19.0% | -30.3% | -48.5% |
| Oct 24, 2024 | -176.5% | +0.1% | -8.6% | -13.0% | -25.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 5, 2026 | -$0.51 | -$0.38 | -34.8% | $868.0M |
| May 6, 2026 | -$0.55 | -$0.48 | -14.6% | $760.0M |
| Feb 18, 2026 | -$0.60 | -$0.43 | -39.5% | $730.0M |
| Nov 5, 2025 | -$0.46 | -$0.21 | -119.0% | $699.0M |
| Jul 30, 2025 | -$0.28 | -$0.04 | -600.0% | $731.0M |
| Apr 30, 2025 | -$0.15 | $0.02 | -850.0% | $738.0M |
| Feb 12, 2025 | $0.03 | $0.06 | -50.0% | $676.0M |
| Oct 24, 2024 | -$0.13 | $0.17 | -176.5% | $804.0M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / EBITDA | 43.2× | — | — | Bottom 29% |
| EV / Sales | 1.25× | — | — | Top 31% |
| Free-cash-flow yield | -25.36% | — | — | Bottom 2% |
| Earnings yield | -88.04% | — | — | Bottom 1% |
P/E over the past five years
Range 2.6× – 14.8× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -13.1%
- 200-day average slope (20 days)
- +0.6%
- Distance from 50-day average
- -24.3%
- Distance from 200-day average
- -42.0%
- RSI (14)
- 28.8
- Relative volume
- 0.55×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 59.1%
- Volatility vs own 5-year history
- 67th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.88
- Correlation with S&P 500
- 0.36
- Current drawdown from 1-year high
- -62.5%
- Maximum drawdown, 3 years
- -85.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Oct 25, 2021 | Nov 20, 2025 | -89.0% | 1023 days | Not yet recovered |
| Jun 1, 2021 | Jul 19, 2021 | -29.0% | 33 days | 41 days (Sep 15, 2021) |
| Feb 22, 2021 | Mar 24, 2021 | -23.7% | 22 days | 22 days (Apr 26, 2021) |
| Oct 23, 2020 | Oct 28, 2020 | -13.6% | 3 days | 2 days (Oct 30, 2020) |
| Dec 7, 2020 | Dec 14, 2020 | -11.3% | 5 days | 11 days (Dec 30, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $626.9M
- EPS, diluted (TTM)
- -$3.46
- Revenue (TTM)
- $3.05B
- Dividend yield
- 5.09%
- 52-week range
- $2.86 – $10.59
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $3.57B | $3.45B | $2.85B | $3.07B | $2.89B |
| Gross profit | $895.0M | $832.0M | $462.0M | $515.0M | $229.0M |
| Operating income | $577.0M | $458.0M | $186.0M | $219.0M | -$30.0M |
| Net income | $286.0M | $497.0M | -$316.0M | -$48.0M | -$470.0M |
| EPS (diluted) | $1.81 | $3.16 | -$2.02 | -$0.30 | -$2.97 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $804.0M | $676.0M | $738.0M | $731.0M | $699.0M | $725.0M | $760.0M | $868.0M |
| Net income | -$25.0M | -$30.0M | -$111.0M | -$84.0M | -$99.0M | -$176.0M | -$103.0M | -$171.0M |
| EPS (diluted) | -$0.16 | -$0.19 | -$0.70 | -$0.53 | -$0.63 | -$1.11 | -$0.65 | -$1.07 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $740.0M | $598.0M | $184.0M | $300.0M | $60.0M |
| Capital expenditure | -$272.0M | -$428.0M | -$261.0M | -$370.0M | -$341.0M |
| Free cash flow | $468.0M | $170.0M | -$77.0M | -$70.0M | -$281.0M |
| Dividends paid | -$65.0M | -$87.0M | -$89.0M | -$80.0M | -$48.0M |
| Net share buybacks | $8.0M | -$50.0M | $0 | -$1.0M | -$1.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $194.0M
- Total assets
- $5.95B
- Total liabilities
- $4.76B
- Total debt
- $3.37B
- Net debt
- $3.18B
- Shareholders’ equity
- $1.16B
As of Jun 30, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 10, 2026 | $0.05 | Oct 9, 2026 |
| May 11, 2026 | $0.05 | Jul 8, 2026 |
| Feb 23, 2026 | $0.05 | Apr 2, 2026 |
| Nov 10, 2025 | $0.05 | Jan 6, 2026 |
| Aug 11, 2025 | $0.05 | Oct 3, 2025 |
| May 19, 2025 | $0.13 | Jul 2, 2025 |
| Mar 3, 2025 | $0.13 | Apr 4, 2025 |
| Nov 8, 2024 | $0.13 | Dec 13, 2024 |
Short interest
- Shares sold short
- 19,802,312
- Days to cover
- 8.08
- Change vs previous report
- -0.8%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jul 26, 2012
- 5-for-1