Tronox Holdings plc (TROX) AI Stock Analysis

Tronox Holdings plc functions as a fully integrated producer of titanium dioxide (TiO2) pigment across global markets including North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. The company oversees operations encompassing titanium-bearing mineral sand mines and extensive beneficiation and smelting processes. Its product portfolio includes TiO2 pigment, ultrafine specialty TiO2, zircon, feedstock, pig iron, titanium tetrachloride, and other essential materials. Headquartered in Stamford, Connecticut, Tronox supplies TiO2 pigment as a critical component used in paints, coatings, plastics, and paper.

Tronox generated revenue of $2.89B in FY2025, down 6.1% compared to $3.07B in FY2024. Operating margin declined from 16.2% in FY2021 to -1.0% in FY2025, while net income shifted from $286.0M to -$470.0M over the same timeframe. Free cash flow was -$281.0M in FY2025 compared to $468.0M in FY2021. For the trailing twelve months, revenue was $3.06B with a profit margin of -19.2% and EPS of -$3.47. In the latest quarter ended June 30, 2026, quarterly revenue growth was 18.7% year-over-year, and quarterly earnings grew 48.2%.

As of June 30, 2026, Tronox held cash and short-term investments of $194.0M against total debt of $3.37B, resulting in net debt of $3.18B. The company recorded shareholders' equity of $1.16B, a current ratio of 2.55, and a debt-to-equity ratio of 2.90. In FY2025, operating cash flow stood at $60.0M while capital expenditures totaled $341.0M. Tronox paid $48.0M in dividends during FY2025, and its 5-year share count change was 0.0%.

Tronox trades at a forward P/E of 21.8x, which is above the 13.4x forward P/E median of its US-listed Basic Materials peers. Its enterprise value to EBITDA ratio stands at 60.4x compared to the peer median of 10.5x, while its price-to-sales ratio is 0.2x versus the peer median of 1.8x. The stock closed at $3.47 on October 16, 2026, which is 47.9% below its 200-day average. Over the past year, the stock fell 2.3%, trailing the 16.8% return for the S&P 500. Over 5 years, Tronox returned -83.1% compared to 83.0% for the S&P 500.

Tronox pays a quarterly dividend with an annualized forward payout of $0.20 per share, representing a dividend yield of 5.76%. The company has maintained 15 consecutive years of dividend payments with a 5-year annualized dividend growth rate of 7.4%. Its payout ratio is 15.5%, and the last ex-dividend date was August 10, 2026.

Wall Street coverage consists of 1 Strong Buy, 0 Buy, 4 Hold, 1 Sell, and 2 Strong Sell ratings. The mean price target is $5.50, representing an upside of 58.5% over the last close of $3.47. For the fiscal year ending December 31, 2026, analysts expect revenue of $3.28B and an EPS of -$1.43. Tronox recorded 0 EPS beats over the last 4 quarters, and its next earnings date is November 4, 2026.

This page is an AI-written research summary of Tronox Holdings plc (TROX). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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