Tronox Holdings plcTROXEarnings & Financial Report
Tronox Limited is an American worldwide chemical company involved in the titanium products industry with approximately 6,500 employees. Following its acquisition of the mineral sands business formerly belonging to South Africa's Exxaro Resources, Tronox is the largest fully integrated seller and marketer of titanium dioxide (TiO2) pigment, which provides brightness to applications such as coatings, plastics and paper. Tronox mines titanium-bearing mineral sands and operates upgrading faciliti...
Revenue
$731.0M
Gross Profit
$79.0M
Operating Profit
$-35.0M
Net Profit
$-84.0M
Gross Margin
10.8%
Operating Margin
-4.8%
Net Margin
-11.5%
YoY Growth
-10.9%
EPS
$-0.53
Tronox Holdings plc Q2 FY2025 Financial Summary
Tronox Holdings plc reported revenue of $731.0M (down 10.9% YoY) for Q2 FY2025, with a net profit of $-84.0M (down 625.0% YoY) (-11.5% margin). Cost of goods sold was $652.0M, operating expenses totaled $114.0M.
Key Financial Metrics
| Total Revenue | $731.0M |
|---|---|
| Net Profit | $-84.0M |
| Gross Margin | 10.8% |
| Operating Margin | -4.8% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Tronox Holdings plc Q2 FY2025 revenue of $731.0M breaks down across 4 segments, led by Other Cost Of Goods at $627.0M (85.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Other Cost Of Goods | $627.0M | 85.8% |
| Zircon | $68.0M | 9.3% |
| Idle Facility And Lower Of Cost Or Net Realizable Value Charges | $25.0M | 3.4% |
| MGT | $13.0M | 1.8% |
Tronox Holdings plc Revenue by Segment — Quarterly Trend
Tronox Holdings plc revenue by segment across the last 4 reported quarters, showing how each business line (such as Other Cost Of Goods and Zircon) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Other Cost Of Goods | — | — | $627.0M | $614.0M |
| Zircon | $78.0M | — | $68.0M | $69.0M |
| Idle Facility And Lower Of Cost Or Net Realizable Value Charges | $42.0M | $47.0M | $25.0M | $25.0M |
| MGT | $13.0M | $12.0M | $13.0M | $16.0M |
Tronox Holdings plc Annual Revenue by Year
Tronox Holdings plc annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.9B |
| 2024 | $3.1B |
| 2023 | $2.9B |
| 2022 | $3.5B |
Tronox Holdings plc Quarterly Revenue & Net Profit History
Tronox Holdings plc results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $730.0M | +8.0% | $-176.0M | -24.1% |
| Q3 FY2025 | $699.0M | -13.1% | $-99.0M | -14.2% |
| Q2 FY2025 | $731.0M | -10.9% | $-84.0M | -11.5% |
| Q1 FY2025 | $738.0M | -4.7% | $-111.0M | -15.0% |
| Q4 FY2024 | $676.0M | -1.5% | $-30.0M | -4.4% |
| Q3 FY2024 | $804.0M | +21.5% | $-25.0M | -3.1% |
| Q2 FY2024 | $820.0M | +3.3% | $16.0M | 2.0% |
| Q1 FY2024 | $774.0M | +9.3% | $-9.0M | -1.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $774.0M | $820.0M | $804.0M | $676.0M | $738.0M | $731.0M | $699.0M | $730.0M |
| YoY Growth | 9.3% | 3.3% | 21.5% | -1.5% | -4.7% | -10.9% | -13.1% | 8.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $6.02B | $6.10B | $6.19B | $6.04B | $6.07B | $6.19B | $6.30B | $6.22B |
| Liabilities | $4.10B | $4.17B | $4.25B | $4.25B | $4.36B | $4.51B | $4.71B | $4.77B |
| Equity | $1.88B | $1.90B | $1.91B | $1.76B | $1.67B | $1.65B | $1.56B | $1.42B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-29.0M | $160.0M | $87.0M | $82.0M | $-32.0M | $28.0M | $-57.0M | $121.0M |