Tronox Holdings plc
TROXBasic MaterialsNASDAQChemicals · Last scanned Jul 18, 2026
Scan Results
Daily timeframeTronox Holdings plc operates as a manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. At a $931.6M market cap, Tronox Holdings plc ranks as a small-cap company within basic materials. The company operates titanium-bearing mineral sand mines; and engages in beneficiation and smelting operations.
Market Cap
$931.6M
Beta
0.78
P/E (TTM)
—
P/E (Fwd)
-29.25
EPS (TTM)
$-2.96
EPS (Fwd)
$-0.20
ROE
-30.8%
ROA
-0.8%
Cash
$138.0M
Total Debt
$3.51B
Free CF
-$187.6M
52W Change
5.8%
Annual Financials
Cash vs Debt
On the balance sheet, TROX has $138.0M in cash with $3.51B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow is running at -$187.6M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -30.8% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has pulled back from $3.45B (2022) to $2.90B (2025), a 16% decline worth watching.
Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Tronox Holdings plc's trajectory.