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Side-by-side financial comparison of AvalonBay Communities (AVB) and Tronox Holdings plc (TROX). Click either name above to swap in a different company.

AvalonBay Communities is the larger business by last-quarter revenue ($767.9M vs $730.0M, roughly 1.1× Tronox Holdings plc). AvalonBay Communities runs the higher net margin — 9040.6% vs -24.1%, a 9064.7% gap on every dollar of revenue. On growth, Tronox Holdings plc posted the faster year-over-year revenue change (8.0% vs 3.7%). AvalonBay Communities produced more free cash flow last quarter ($1.4B vs $53.0M). Over the past eight quarters, AvalonBay Communities's revenue compounded faster (3.8% CAGR vs -2.9%).

AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.

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...

AVB vs TROX — Head-to-Head

Bigger by revenue
AVB
AVB
1.1× larger
AVB
$767.9M
$730.0M
TROX
Growing faster (revenue YoY)
TROX
TROX
+4.3% gap
TROX
8.0%
3.7%
AVB
Higher net margin
AVB
AVB
9064.7% more per $
AVB
9040.6%
-24.1%
TROX
More free cash flow
AVB
AVB
$1.4B more FCF
AVB
$1.4B
$53.0M
TROX
Faster 2-yr revenue CAGR
AVB
AVB
Annualised
AVB
3.8%
-2.9%
TROX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVB
AVB
TROX
TROX
Revenue
$767.9M
$730.0M
Net Profit
$166.0M
$-176.0M
Gross Margin
5.3%
Operating Margin
64.2%
-15.6%
Net Margin
9040.6%
-24.1%
Revenue YoY
3.7%
8.0%
Net Profit YoY
-41.2%
-486.7%
EPS (diluted)
$1.18
$-1.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVB
AVB
TROX
TROX
Q4 25
$767.9M
$730.0M
Q3 25
$766.8M
$699.0M
Q2 25
$760.2M
$731.0M
Q1 25
$745.9M
$738.0M
Q4 24
$740.5M
$676.0M
Q3 24
$734.3M
$804.0M
Q2 24
$726.0M
$820.0M
Q1 24
$712.9M
$774.0M
Net Profit
AVB
AVB
TROX
TROX
Q4 25
$166.0M
$-176.0M
Q3 25
$381.3M
$-99.0M
Q2 25
$268.7M
$-84.0M
Q1 25
$236.6M
$-111.0M
Q4 24
$282.1M
$-30.0M
Q3 24
$372.5M
$-25.0M
Q2 24
$253.9M
$16.0M
Q1 24
$173.4M
$-9.0M
Gross Margin
AVB
AVB
TROX
TROX
Q4 25
5.3%
Q3 25
7.4%
Q2 25
10.8%
Q1 25
13.4%
Q4 24
17.3%
Q3 24
15.9%
Q2 24
18.3%
Q1 24
15.5%
Operating Margin
AVB
AVB
TROX
TROX
Q4 25
64.2%
-15.6%
Q3 25
65.7%
-6.2%
Q2 25
67.6%
-4.8%
Q1 25
68.5%
-8.3%
Q4 24
63.1%
7.1%
Q3 24
65.4%
6.7%
Q2 24
66.6%
9.3%
Q1 24
67.2%
5.3%
Net Margin
AVB
AVB
TROX
TROX
Q4 25
9040.6%
-24.1%
Q3 25
49.7%
-14.2%
Q2 25
35.3%
-11.5%
Q1 25
31.7%
-15.0%
Q4 24
38.1%
-4.4%
Q3 24
50.7%
-3.1%
Q2 24
35.0%
2.0%
Q1 24
24.3%
-1.2%
EPS (diluted)
AVB
AVB
TROX
TROX
Q4 25
$1.18
$-1.11
Q3 25
$2.68
$-0.63
Q2 25
$1.88
$-0.53
Q1 25
$1.66
$-0.70
Q4 24
$1.99
$-0.19
Q3 24
$2.61
$-0.16
Q2 24
$1.78
$0.10
Q1 24
$1.22
$-0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVB
AVB
TROX
TROX
Cash + ST InvestmentsLiquidity on hand
$187.2M
$199.0M
Total DebtLower is stronger
$9.3B
$3.1B
Stockholders' EquityBook value
$11.6B
$1.4B
Total Assets
$22.2B
$6.2B
Debt / EquityLower = less leverage
0.80×
2.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVB
AVB
TROX
TROX
Q4 25
$187.2M
$199.0M
Q3 25
$123.3M
$185.0M
Q2 25
$102.8M
$132.0M
Q1 25
$53.3M
$138.0M
Q4 24
$108.6M
$151.0M
Q3 24
$552.4M
$167.0M
Q2 24
$545.8M
$201.0M
Q1 24
$287.9M
$152.0M
Total Debt
AVB
AVB
TROX
TROX
Q4 25
$9.3B
$3.1B
Q3 25
$8.7B
$3.1B
Q2 25
$8.7B
$2.7B
Q1 25
$8.3B
$2.8B
Q4 24
$8.1B
$2.8B
Q3 24
$8.4B
$2.8B
Q2 24
$8.4B
$2.8B
Q1 24
$8.0B
$2.8B
Stockholders' Equity
AVB
AVB
TROX
TROX
Q4 25
$11.6B
$1.4B
Q3 25
$11.9B
$1.6B
Q2 25
$11.9B
$1.6B
Q1 25
$11.9B
$1.7B
Q4 24
$11.9B
$1.8B
Q3 24
$11.9B
$1.9B
Q2 24
$11.7B
$1.9B
Q1 24
$11.7B
$1.9B
Total Assets
AVB
AVB
TROX
TROX
Q4 25
$22.2B
$6.2B
Q3 25
$21.9B
$6.3B
Q2 25
$21.8B
$6.2B
Q1 25
$21.2B
$6.1B
Q4 24
$21.0B
$6.0B
Q3 24
$21.3B
$6.2B
Q2 24
$21.0B
$6.1B
Q1 24
$20.6B
$6.0B
Debt / Equity
AVB
AVB
TROX
TROX
Q4 25
0.80×
2.21×
Q3 25
0.73×
2.01×
Q2 25
0.72×
1.67×
Q1 25
0.70×
1.64×
Q4 24
0.68×
1.57×
Q3 24
0.70×
1.45×
Q2 24
0.71×
1.47×
Q1 24
0.68×
1.48×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVB
AVB
TROX
TROX
Operating Cash FlowLast quarter
$1.7B
$121.0M
Free Cash FlowOCF − Capex
$1.4B
$53.0M
FCF MarginFCF / Revenue
183.5%
7.3%
Capex IntensityCapex / Revenue
34.1%
9.3%
Cash ConversionOCF / Net Profit
10.07×
TTM Free Cash FlowTrailing 4 quarters
$2.5B
$-281.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVB
AVB
TROX
TROX
Q4 25
$1.7B
$121.0M
Q3 25
$477.0M
$-57.0M
Q2 25
$377.8M
$28.0M
Q1 25
$415.9M
$-32.0M
Q4 24
$1.6B
$82.0M
Q3 24
$486.2M
$87.0M
Q2 24
$380.0M
$160.0M
Q1 24
$412.9M
$-29.0M
Free Cash Flow
AVB
AVB
TROX
TROX
Q4 25
$1.4B
$53.0M
Q3 25
$402.2M
$-137.0M
Q2 25
$317.1M
$-55.0M
Q1 25
$367.5M
$-142.0M
Q4 24
$1.4B
$-35.0M
Q3 24
$434.2M
$-14.0M
Q2 24
$333.0M
$84.0M
Q1 24
$375.4M
$-105.0M
FCF Margin
AVB
AVB
TROX
TROX
Q4 25
183.5%
7.3%
Q3 25
52.5%
-19.6%
Q2 25
41.7%
-7.5%
Q1 25
49.3%
-19.2%
Q4 24
191.0%
-5.2%
Q3 24
59.1%
-1.7%
Q2 24
45.9%
10.2%
Q1 24
52.7%
-13.6%
Capex Intensity
AVB
AVB
TROX
TROX
Q4 25
34.1%
9.3%
Q3 25
9.8%
11.4%
Q2 25
8.0%
11.4%
Q1 25
6.5%
14.9%
Q4 24
26.1%
17.3%
Q3 24
7.1%
12.6%
Q2 24
6.5%
9.3%
Q1 24
5.3%
9.8%
Cash Conversion
AVB
AVB
TROX
TROX
Q4 25
10.07×
Q3 25
1.25×
Q2 25
1.41×
Q1 25
1.76×
Q4 24
5.70×
Q3 24
1.31×
Q2 24
1.50×
10.00×
Q1 24
2.38×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVB
AVB

Segment breakdown not available.

TROX
TROX

Ti O2$577.0M79%
Zircon$78.0M11%
Idle Facility And Lower Of Cost Or Net Realizable Value Charges$42.0M6%
Other$20.0M3%
MGT$13.0M2%

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