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

SiriusPoint Ltd is the larger business by last-quarter revenue ($973.7M vs $760.0M, roughly 1.3× Tronox Holdings plc). On growth, SiriusPoint Ltd posted the faster year-over-year revenue change (58.9% vs 4.1%). Over the past eight quarters, SiriusPoint Ltd's revenue compounded faster (19.2% CAGR vs -3.7%).

SiriusPoint Ltd is a global specialty insurance and reinsurance provider based in Pembroke, Bermuda. It offers property, casualty, specialty line coverages and alternative capital solutions, serving commercial clients and risk carriers across North America, Europe, Asia Pacific and other key markets, focusing on rigorous underwriting and stable risk-adjusted returns.

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...

SPNT vs TROX — Head-to-Head

Bigger by revenue
SPNT
SPNT
1.3× larger
SPNT
$973.7M
$760.0M
TROX
Growing faster (revenue YoY)
SPNT
SPNT
+54.8% gap
SPNT
58.9%
4.1%
TROX
Faster 2-yr revenue CAGR
SPNT
SPNT
Annualised
SPNT
19.2%
-3.7%
TROX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SPNT
SPNT
TROX
TROX
Revenue
$973.7M
$760.0M
Net Profit
$244.1M
Gross Margin
0.0%
Operating Margin
28.8%
Net Margin
25.1%
Revenue YoY
58.9%
4.1%
Net Profit YoY
1535.9%
EPS (diluted)
$1.92

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
SPNT
SPNT
TROX
TROX
Q1 26
$760.0M
Q4 25
$973.7M
$730.0M
Q3 25
$755.9M
$699.0M
Q2 25
$748.2M
$731.0M
Q1 25
$727.3M
$738.0M
Q4 24
$612.8M
$676.0M
Q3 24
$562.2M
$804.0M
Q2 24
$743.3M
$820.0M
Net Profit
SPNT
SPNT
TROX
TROX
Q1 26
Q4 25
$244.1M
$-176.0M
Q3 25
$90.8M
$-99.0M
Q2 25
$63.2M
$-84.0M
Q1 25
$61.6M
$-111.0M
Q4 24
$-17.0M
$-30.0M
Q3 24
$8.5M
$-25.0M
Q2 24
$113.9M
$16.0M
Gross Margin
SPNT
SPNT
TROX
TROX
Q1 26
0.0%
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%
Operating Margin
SPNT
SPNT
TROX
TROX
Q1 26
Q4 25
28.8%
-15.6%
Q3 25
14.7%
-6.2%
Q2 25
10.0%
-4.8%
Q1 25
10.4%
-8.3%
Q4 24
-2.1%
7.1%
Q3 24
2.0%
6.7%
Q2 24
17.4%
9.3%
Net Margin
SPNT
SPNT
TROX
TROX
Q1 26
Q4 25
25.1%
-24.1%
Q3 25
12.0%
-14.2%
Q2 25
8.4%
-11.5%
Q1 25
8.5%
-15.0%
Q4 24
-2.8%
-4.4%
Q3 24
1.5%
-3.1%
Q2 24
15.3%
2.0%
EPS (diluted)
SPNT
SPNT
TROX
TROX
Q1 26
Q4 25
$1.92
$-1.11
Q3 25
$0.73
$-0.63
Q2 25
$0.50
$-0.53
Q1 25
$0.49
$-0.70
Q4 24
$-0.05
$-0.19
Q3 24
$0.03
$-0.16
Q2 24
$0.57
$0.10

Balance Sheet & Financial Strength

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

Metric
SPNT
SPNT
TROX
TROX
Cash + ST InvestmentsLiquidity on hand
$731.2M
$126
Total DebtLower is stronger
$688.6M
$133
Stockholders' EquityBook value
$2.5B
$1.3K
Total Assets
$12.6B
$6.1K
Debt / EquityLower = less leverage
0.28×
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SPNT
SPNT
TROX
TROX
Q1 26
$126
Q4 25
$731.2M
$199.0M
Q3 25
$582.4M
$185.0M
Q2 25
$732.4M
$132.0M
Q1 25
$740.3M
$138.0M
Q4 24
$682.0M
$151.0M
Q3 24
$640.7M
$167.0M
Q2 24
$598.1M
$201.0M
Total Debt
SPNT
SPNT
TROX
TROX
Q1 26
$133
Q4 25
$688.6M
$3.1B
Q3 25
$682.5M
$3.1B
Q2 25
$678.4M
$2.7B
Q1 25
$663.5M
$2.8B
Q4 24
$639.1M
$2.8B
Q3 24
$660.5M
$2.8B
Q2 24
$648.6M
$2.8B
Stockholders' Equity
SPNT
SPNT
TROX
TROX
Q1 26
$1.3K
Q4 25
$2.5B
$1.4B
Q3 25
$2.2B
$1.6B
Q2 25
$2.1B
$1.6B
Q1 25
$2.0B
$1.7B
Q4 24
$1.9B
$1.8B
Q3 24
$2.7B
$1.9B
Q2 24
$2.7B
$1.9B
Total Assets
SPNT
SPNT
TROX
TROX
Q1 26
$6.1K
Q4 25
$12.6B
$6.2B
Q3 25
$12.5B
$6.3B
Q2 25
$12.4B
$6.2B
Q1 25
$12.3B
$6.1B
Q4 24
$12.5B
$6.0B
Q3 24
$12.7B
$6.2B
Q2 24
$12.8B
$6.1B
Debt / Equity
SPNT
SPNT
TROX
TROX
Q1 26
0.10×
Q4 25
0.28×
2.21×
Q3 25
0.31×
2.01×
Q2 25
0.32×
1.67×
Q1 25
0.33×
1.64×
Q4 24
0.33×
1.57×
Q3 24
0.25×
1.45×
Q2 24
0.24×
1.47×

Cash Flow & Capital Efficiency

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

Metric
SPNT
SPNT
TROX
TROX
Operating Cash FlowLast quarter
$-26.4M
Free Cash FlowOCF − Capex
$53.0M
FCF MarginFCF / Revenue
7.0%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
-0.11×
TTM Free Cash FlowTrailing 4 quarters
$-86.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SPNT
SPNT
TROX
TROX
Q1 26
Q4 25
$-26.4M
$121.0M
Q3 25
$155.6M
$-57.0M
Q2 25
$62.1M
$28.0M
Q1 25
$-88.9M
$-32.0M
Q4 24
$107.7M
$82.0M
Q3 24
$58.1M
$87.0M
Q2 24
$-149.9M
$160.0M
Free Cash Flow
SPNT
SPNT
TROX
TROX
Q1 26
$53.0M
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
FCF Margin
SPNT
SPNT
TROX
TROX
Q1 26
7.0%
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%
Capex Intensity
SPNT
SPNT
TROX
TROX
Q1 26
0.0%
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%
Cash Conversion
SPNT
SPNT
TROX
TROX
Q1 26
Q4 25
-0.11×
Q3 25
1.71×
Q2 25
0.98×
Q1 25
-1.44×
Q4 24
Q3 24
6.84×
Q2 24
-1.32×
10.00×

Financial Flow Comparison

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

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