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Side-by-side financial comparison of DIVERSIFIED HEALTHCARE TRUST (DHC) and Tronox Holdings plc (TROX). Click either name above to swap in a different company.

Tronox Holdings plc is the larger business by last-quarter revenue ($730.0M vs $379.6M, roughly 1.9× DIVERSIFIED HEALTHCARE TRUST). DIVERSIFIED HEALTHCARE TRUST runs the higher net margin — -5.6% vs -24.1%, a 18.5% gap on every dollar of revenue. On growth, Tronox Holdings plc posted the faster year-over-year revenue change (8.0% vs -0.0%). Tronox Holdings plc produced more free cash flow last quarter ($53.0M vs $-166.4M). Over the past eight quarters, DIVERSIFIED HEALTHCARE TRUST's revenue compounded faster (1.2% CAGR vs -2.9%).

GE Healthcare Technologies, Inc. is an American health technology company based in Chicago, Illinois. The company, which stylizes its own name as GE HealthCare, operates four divisions: Medical imaging, which includes molecular imaging, computed tomography, magnetic resonance, women’s health screening and X-ray systems; Ultrasound; Patient Care Solutions, which is focused on remote patient monitoring, anesthesia and respiratory care, diagnostic cardiology, and infant care; and Pharmaceutical ...

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...

DHC vs TROX — Head-to-Head

Bigger by revenue
TROX
TROX
1.9× larger
TROX
$730.0M
$379.6M
DHC
Growing faster (revenue YoY)
TROX
TROX
+8.0% gap
TROX
8.0%
-0.0%
DHC
Higher net margin
DHC
DHC
18.5% more per $
DHC
-5.6%
-24.1%
TROX
More free cash flow
TROX
TROX
$219.4M more FCF
TROX
$53.0M
$-166.4M
DHC
Faster 2-yr revenue CAGR
DHC
DHC
Annualised
DHC
1.2%
-2.9%
TROX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DHC
DHC
TROX
TROX
Revenue
$379.6M
$730.0M
Net Profit
$-21.2M
$-176.0M
Gross Margin
5.3%
Operating Margin
-12.6%
-15.6%
Net Margin
-5.6%
-24.1%
Revenue YoY
-0.0%
8.0%
Net Profit YoY
75.7%
-486.7%
EPS (diluted)
$-0.09
$-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
DHC
DHC
TROX
TROX
Q4 25
$379.6M
$730.0M
Q3 25
$388.7M
$699.0M
Q2 25
$382.7M
$731.0M
Q1 25
$386.9M
$738.0M
Q4 24
$379.6M
$676.0M
Q3 24
$373.6M
$804.0M
Q2 24
$371.4M
$820.0M
Q1 24
$370.8M
$774.0M
Net Profit
DHC
DHC
TROX
TROX
Q4 25
$-21.2M
$-176.0M
Q3 25
$-164.0M
$-99.0M
Q2 25
$-91.6M
$-84.0M
Q1 25
$-9.0M
$-111.0M
Q4 24
$-87.4M
$-30.0M
Q3 24
$-98.7M
$-25.0M
Q2 24
$-97.9M
$16.0M
Q1 24
$-86.3M
$-9.0M
Gross Margin
DHC
DHC
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
DHC
DHC
TROX
TROX
Q4 25
-12.6%
-15.6%
Q3 25
-43.4%
-6.2%
Q2 25
-24.5%
-4.8%
Q1 25
-2.7%
-8.3%
Q4 24
-26.1%
7.1%
Q3 24
-26.5%
6.7%
Q2 24
-23.0%
9.3%
Q1 24
-23.7%
5.3%
Net Margin
DHC
DHC
TROX
TROX
Q4 25
-5.6%
-24.1%
Q3 25
-42.2%
-14.2%
Q2 25
-23.9%
-11.5%
Q1 25
-2.3%
-15.0%
Q4 24
-23.0%
-4.4%
Q3 24
-26.4%
-3.1%
Q2 24
-26.3%
2.0%
Q1 24
-23.3%
-1.2%
EPS (diluted)
DHC
DHC
TROX
TROX
Q4 25
$-0.09
$-1.11
Q3 25
$-0.68
$-0.63
Q2 25
$-0.38
$-0.53
Q1 25
$-0.04
$-0.70
Q4 24
$-0.37
$-0.19
Q3 24
$-0.41
$-0.16
Q2 24
$-0.41
$0.10
Q1 24
$-0.36
$-0.06

Balance Sheet & Financial Strength

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

Metric
DHC
DHC
TROX
TROX
Cash + ST InvestmentsLiquidity on hand
$105.4M
$199.0M
Total DebtLower is stronger
$2.4B
$3.1B
Stockholders' EquityBook value
$1.7B
$1.4B
Total Assets
$4.4B
$6.2B
Debt / EquityLower = less leverage
1.47×
2.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHC
DHC
TROX
TROX
Q4 25
$105.4M
$199.0M
Q3 25
$201.4M
$185.0M
Q2 25
$141.8M
$132.0M
Q1 25
$302.6M
$138.0M
Q4 24
$144.6M
$151.0M
Q3 24
$256.5M
$167.0M
Q2 24
$265.6M
$201.0M
Q1 24
$207.1M
$152.0M
Total Debt
DHC
DHC
TROX
TROX
Q4 25
$2.4B
$3.1B
Q3 25
$3.1B
Q2 25
$2.7B
Q1 25
$2.8B
Q4 24
$3.1B
$2.8B
Q3 24
$2.8B
Q2 24
$2.8B
Q1 24
$2.8B
Stockholders' Equity
DHC
DHC
TROX
TROX
Q4 25
$1.7B
$1.4B
Q3 25
$1.7B
$1.6B
Q2 25
$1.9B
$1.6B
Q1 25
$1.9B
$1.7B
Q4 24
$2.0B
$1.8B
Q3 24
$2.0B
$1.9B
Q2 24
$2.1B
$1.9B
Q1 24
$2.2B
$1.9B
Total Assets
DHC
DHC
TROX
TROX
Q4 25
$4.4B
$6.2B
Q3 25
$4.7B
$6.3B
Q2 25
$4.8B
$6.2B
Q1 25
$5.0B
$6.1B
Q4 24
$5.1B
$6.0B
Q3 24
$5.3B
$6.2B
Q2 24
$5.3B
$6.1B
Q1 24
$5.3B
$6.0B
Debt / Equity
DHC
DHC
TROX
TROX
Q4 25
1.47×
2.21×
Q3 25
2.01×
Q2 25
1.67×
Q1 25
1.64×
Q4 24
1.56×
1.57×
Q3 24
1.45×
Q2 24
1.47×
Q1 24
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
DHC
DHC
TROX
TROX
Operating Cash FlowLast quarter
$-19.6M
$121.0M
Free Cash FlowOCF − Capex
$-166.4M
$53.0M
FCF MarginFCF / Revenue
-43.8%
7.3%
Capex IntensityCapex / Revenue
38.7%
9.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-280.3M
$-281.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHC
DHC
TROX
TROX
Q4 25
$-19.6M
$121.0M
Q3 25
$-49.3M
$-57.0M
Q2 25
$53.0M
$28.0M
Q1 25
$-3.2M
$-32.0M
Q4 24
$112.2M
$82.0M
Q3 24
$21.1M
$87.0M
Q2 24
$44.3M
$160.0M
Q1 24
$28.6M
$-29.0M
Free Cash Flow
DHC
DHC
TROX
TROX
Q4 25
$-166.4M
$53.0M
Q3 25
$-89.8M
$-137.0M
Q2 25
$18.8M
$-55.0M
Q1 25
$-42.9M
$-142.0M
Q4 24
$-89.5M
$-35.0M
Q3 24
$-26.1M
$-14.0M
Q2 24
$3.3M
$84.0M
Q1 24
$-18.1M
$-105.0M
FCF Margin
DHC
DHC
TROX
TROX
Q4 25
-43.8%
7.3%
Q3 25
-23.1%
-19.6%
Q2 25
4.9%
-7.5%
Q1 25
-11.1%
-19.2%
Q4 24
-23.6%
-5.2%
Q3 24
-7.0%
-1.7%
Q2 24
0.9%
10.2%
Q1 24
-4.9%
-13.6%
Capex Intensity
DHC
DHC
TROX
TROX
Q4 25
38.7%
9.3%
Q3 25
10.4%
11.4%
Q2 25
8.9%
11.4%
Q1 25
10.2%
14.9%
Q4 24
53.1%
17.3%
Q3 24
12.6%
12.6%
Q2 24
11.0%
9.3%
Q1 24
12.6%
9.8%
Cash Conversion
DHC
DHC
TROX
TROX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
10.00×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

DHC
DHC

Senior Housing Operating Portfolio Segment$323.4M85%
Rental Income$56.2M15%

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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