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Side-by-side financial comparison of Regency Centers (REG) 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 $404.2M, roughly 1.8× Regency Centers). Regency Centers runs the higher net margin — 50.1% vs -24.1%, a 74.2% gap on every dollar of revenue. On growth, Regency Centers posted the faster year-over-year revenue change (8.5% vs 8.0%). Over the past eight quarters, Regency Centers's revenue compounded faster (5.4% CAGR vs -2.9%).

Regency Centers Corporation is a real estate investment trust based in Jacksonville, Florida, and is one of the largest operators of shopping centers with grocery stores as anchor tenants. As of October 21, 2020, the company owned 415 properties comprising 56-million-square feet of space. Notable properties owned by the company include Serramonte Center and a 30% interest in Village District.

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...

REG vs TROX — Head-to-Head

Bigger by revenue
TROX
TROX
1.8× larger
TROX
$730.0M
$404.2M
REG
Growing faster (revenue YoY)
REG
REG
+0.5% gap
REG
8.5%
8.0%
TROX
Higher net margin
REG
REG
74.2% more per $
REG
50.1%
-24.1%
TROX
Faster 2-yr revenue CAGR
REG
REG
Annualised
REG
5.4%
-2.9%
TROX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
REG
REG
TROX
TROX
Revenue
$404.2M
$730.0M
Net Profit
$202.5M
$-176.0M
Gross Margin
5.3%
Operating Margin
71.0%
-15.6%
Net Margin
50.1%
-24.1%
Revenue YoY
8.5%
8.0%
Net Profit YoY
134.1%
-486.7%
EPS (diluted)
$-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
REG
REG
TROX
TROX
Q4 25
$404.2M
$730.0M
Q3 25
$387.6M
$699.0M
Q2 25
$380.8M
$731.0M
Q1 25
$380.9M
$738.0M
Q4 24
$372.5M
$676.0M
Q3 24
$360.3M
$804.0M
Q2 24
$357.3M
$820.0M
Q1 24
$363.9M
$774.0M
Net Profit
REG
REG
TROX
TROX
Q4 25
$202.5M
$-176.0M
Q3 25
$109.4M
$-99.0M
Q2 25
$106.0M
$-84.0M
Q1 25
$109.6M
$-111.0M
Q4 24
$86.5M
$-30.0M
Q3 24
$101.5M
$-25.0M
Q2 24
$102.7M
$16.0M
Q1 24
$109.8M
$-9.0M
Gross Margin
REG
REG
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
REG
REG
TROX
TROX
Q4 25
71.0%
-15.6%
Q3 25
72.7%
-6.2%
Q2 25
73.8%
-4.8%
Q1 25
71.8%
-8.3%
Q4 24
71.1%
7.1%
Q3 24
72.5%
6.7%
Q2 24
72.3%
9.3%
Q1 24
72.3%
5.3%
Net Margin
REG
REG
TROX
TROX
Q4 25
50.1%
-24.1%
Q3 25
28.2%
-14.2%
Q2 25
27.8%
-11.5%
Q1 25
28.8%
-15.0%
Q4 24
23.2%
-4.4%
Q3 24
28.2%
-3.1%
Q2 24
28.7%
2.0%
Q1 24
30.2%
-1.2%
EPS (diluted)
REG
REG
TROX
TROX
Q4 25
$-1.11
Q3 25
$-0.63
Q2 25
$-0.53
Q1 25
$-0.70
Q4 24
$-0.19
Q3 24
$-0.16
Q2 24
$0.10
Q1 24
$-0.06

Balance Sheet & Financial Strength

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

Metric
REG
REG
TROX
TROX
Cash + ST InvestmentsLiquidity on hand
$199.0M
Total DebtLower is stronger
$4.7B
$3.1B
Stockholders' EquityBook value
$6.9B
$1.4B
Total Assets
$13.0B
$6.2B
Debt / EquityLower = less leverage
0.69×
2.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
REG
REG
TROX
TROX
Q4 25
$199.0M
Q3 25
$185.0M
Q2 25
$132.0M
Q1 25
$138.0M
Q4 24
$151.0M
Q3 24
$167.0M
Q2 24
$201.0M
Q1 24
$152.0M
Total Debt
REG
REG
TROX
TROX
Q4 25
$4.7B
$3.1B
Q3 25
$4.9B
$3.1B
Q2 25
$4.8B
$2.7B
Q1 25
$4.6B
$2.8B
Q4 24
$4.4B
$2.8B
Q3 24
$4.4B
$2.8B
Q2 24
$4.4B
$2.8B
Q1 24
$4.4B
$2.8B
Stockholders' Equity
REG
REG
TROX
TROX
Q4 25
$6.9B
$1.4B
Q3 25
$6.8B
$1.6B
Q2 25
$6.7B
$1.6B
Q1 25
$6.7B
$1.7B
Q4 24
$6.7B
$1.8B
Q3 24
$6.8B
$1.9B
Q2 24
$6.8B
$1.9B
Q1 24
$7.0B
$1.9B
Total Assets
REG
REG
TROX
TROX
Q4 25
$13.0B
$6.2B
Q3 25
$13.1B
$6.3B
Q2 25
$12.7B
$6.2B
Q1 25
$12.6B
$6.1B
Q4 24
$12.4B
$6.0B
Q3 24
$12.4B
$6.2B
Q2 24
$12.4B
$6.1B
Q1 24
$12.7B
$6.0B
Debt / Equity
REG
REG
TROX
TROX
Q4 25
0.69×
2.21×
Q3 25
0.72×
2.01×
Q2 25
0.72×
1.67×
Q1 25
0.69×
1.64×
Q4 24
0.66×
1.57×
Q3 24
0.65×
1.45×
Q2 24
0.64×
1.47×
Q1 24
0.63×
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
REG
REG
TROX
TROX
Operating Cash FlowLast quarter
$203.9M
$121.0M
Free Cash FlowOCF − Capex
$53.0M
FCF MarginFCF / Revenue
7.3%
Capex IntensityCapex / Revenue
9.3%
Cash ConversionOCF / Net Profit
1.01×
TTM Free Cash FlowTrailing 4 quarters
$-281.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
REG
REG
TROX
TROX
Q4 25
$203.9M
$121.0M
Q3 25
$218.7M
$-57.0M
Q2 25
$244.0M
$28.0M
Q1 25
$161.0M
$-32.0M
Q4 24
$191.4M
$82.0M
Q3 24
$227.6M
$87.0M
Q2 24
$203.5M
$160.0M
Q1 24
$167.8M
$-29.0M
Free Cash Flow
REG
REG
TROX
TROX
Q4 25
$53.0M
Q3 25
$-137.0M
Q2 25
$-55.0M
Q1 25
$-142.0M
Q4 24
$-35.0M
Q3 24
$-14.0M
Q2 24
$84.0M
Q1 24
$-105.0M
FCF Margin
REG
REG
TROX
TROX
Q4 25
7.3%
Q3 25
-19.6%
Q2 25
-7.5%
Q1 25
-19.2%
Q4 24
-5.2%
Q3 24
-1.7%
Q2 24
10.2%
Q1 24
-13.6%
Capex Intensity
REG
REG
TROX
TROX
Q4 25
9.3%
Q3 25
11.4%
Q2 25
11.4%
Q1 25
14.9%
Q4 24
17.3%
Q3 24
12.6%
Q2 24
9.3%
Q1 24
9.8%
Cash Conversion
REG
REG
TROX
TROX
Q4 25
1.01×
Q3 25
2.00×
Q2 25
2.30×
Q1 25
1.47×
Q4 24
2.21×
Q3 24
2.24×
Q2 24
1.98×
10.00×
Q1 24
1.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

REG
REG

Shopping Centers$418.0M103%
Propertymanagementservices$4.1M1%
Assetmanagementservices$1.7M0%

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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