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Side-by-side financial comparison of Tronox Holdings plc (TROX) and UNITED STATES ANTIMONY CORP (UAMY). Click either name above to swap in a different company.

Tronox Holdings plc is the larger business by last-quarter revenue ($730.0M vs $13.0M, roughly 56.0× UNITED STATES ANTIMONY CORP). UNITED STATES ANTIMONY CORP runs the higher net margin — -2.2% vs -24.1%, a 21.9% gap on every dollar of revenue. On growth, UNITED STATES ANTIMONY CORP posted the faster year-over-year revenue change (131.4% vs 8.0%). Tronox Holdings plc produced more free cash flow last quarter ($53.0M vs $-15.2M). Over the past eight quarters, UNITED STATES ANTIMONY CORP's revenue compounded faster (106.0% CAGR vs -2.9%).

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...

United States Antimony Corp is a natural resources firm focused on exploring, mining, processing, and selling antimony, silver, and gold products. It runs production facilities in the U.S. and Mexico, serving global industrial clients in flame retardant, battery alloy, and specialty chemical manufacturing sectors.

TROX vs UAMY — Head-to-Head

Bigger by revenue
TROX
TROX
56.0× larger
TROX
$730.0M
$13.0M
UAMY
Growing faster (revenue YoY)
UAMY
UAMY
+123.4% gap
UAMY
131.4%
8.0%
TROX
Higher net margin
UAMY
UAMY
21.9% more per $
UAMY
-2.2%
-24.1%
TROX
More free cash flow
TROX
TROX
$68.2M more FCF
TROX
$53.0M
$-15.2M
UAMY
Faster 2-yr revenue CAGR
UAMY
UAMY
Annualised
UAMY
106.0%
-2.9%
TROX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
TROX
TROX
UAMY
UAMY
Revenue
$730.0M
$13.0M
Net Profit
$-176.0M
$-286.9K
Gross Margin
5.3%
20.3%
Operating Margin
-15.6%
-30.1%
Net Margin
-24.1%
-2.2%
Revenue YoY
8.0%
131.4%
Net Profit YoY
-486.7%
67.5%
EPS (diluted)
$-1.11
$-0.01

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
TROX
TROX
UAMY
UAMY
Q4 25
$730.0M
$13.0M
Q3 25
$699.0M
$8.7M
Q2 25
$731.0M
$10.5M
Q1 25
$738.0M
$7.0M
Q4 24
$676.0M
$5.6M
Q3 24
$804.0M
$2.6M
Q2 24
$820.0M
$3.7M
Q1 24
$774.0M
$3.1M
Net Profit
TROX
TROX
UAMY
UAMY
Q4 25
$-176.0M
$-286.9K
Q3 25
$-99.0M
$-4.8M
Q2 25
$-84.0M
$181.6K
Q1 25
$-111.0M
$546.5K
Q4 24
$-30.0M
$-882.9K
Q3 24
$-25.0M
$-727.5K
Q2 24
$16.0M
$202.8K
Q1 24
$-9.0M
$-322.8K
Gross Margin
TROX
TROX
UAMY
UAMY
Q4 25
5.3%
20.3%
Q3 25
7.4%
23.1%
Q2 25
10.8%
27.0%
Q1 25
13.4%
33.9%
Q4 24
17.3%
21.4%
Q3 24
15.9%
16.5%
Q2 24
18.3%
34.1%
Q1 24
15.5%
19.2%
Operating Margin
TROX
TROX
UAMY
UAMY
Q4 25
-15.6%
-30.1%
Q3 25
-6.2%
-56.5%
Q2 25
-4.8%
0.2%
Q1 25
-8.3%
5.1%
Q4 24
7.1%
-19.3%
Q3 24
6.7%
-34.6%
Q2 24
9.3%
1.5%
Q1 24
5.3%
-15.3%
Net Margin
TROX
TROX
UAMY
UAMY
Q4 25
-24.1%
-2.2%
Q3 25
-14.2%
-54.9%
Q2 25
-11.5%
1.7%
Q1 25
-15.0%
7.8%
Q4 24
-4.4%
-15.7%
Q3 24
-3.1%
-28.3%
Q2 24
2.0%
5.5%
Q1 24
-1.2%
-10.5%
EPS (diluted)
TROX
TROX
UAMY
UAMY
Q4 25
$-1.11
$-0.01
Q3 25
$-0.63
$-0.04
Q2 25
$-0.53
$0.01
Q1 25
$-0.70
$0.00
Q4 24
$-0.19
$-108943126.01
Q3 24
$-0.16
$-0.01
Q2 24
$0.10
$108943126.00
Q1 24
$-0.06
$0.00

Balance Sheet & Financial Strength

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

Metric
TROX
TROX
UAMY
UAMY
Cash + ST InvestmentsLiquidity on hand
$199.0M
$30.5M
Total DebtLower is stronger
$3.1B
$195.4K
Stockholders' EquityBook value
$1.4B
$141.0M
Total Assets
$6.2B
$153.9M
Debt / EquityLower = less leverage
2.21×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TROX
TROX
UAMY
UAMY
Q4 25
$199.0M
$30.5M
Q3 25
$185.0M
Q2 25
$132.0M
Q1 25
$138.0M
Q4 24
$151.0M
$18.2M
Q3 24
$167.0M
$13.0M
Q2 24
$201.0M
$12.4M
Q1 24
$152.0M
$11.9M
Total Debt
TROX
TROX
UAMY
UAMY
Q4 25
$3.1B
$195.4K
Q3 25
$3.1B
$93.2K
Q2 25
$2.7B
$127.5K
Q1 25
$2.8B
$161.6K
Q4 24
$2.8B
$327.7K
Q3 24
$2.8B
$228.9K
Q2 24
$2.8B
$262.1K
Q1 24
$2.8B
$0
Stockholders' Equity
TROX
TROX
UAMY
UAMY
Q4 25
$1.4B
$141.0M
Q3 25
$1.6B
$71.8M
Q2 25
$1.6B
$37.5M
Q1 25
$1.7B
$32.6M
Q4 24
$1.8B
$28.6M
Q3 24
$1.9B
$25.1M
Q2 24
$1.9B
$25.7M
Q1 24
$1.9B
$25.4M
Total Assets
TROX
TROX
UAMY
UAMY
Q4 25
$6.2B
$153.9M
Q3 25
$6.3B
$79.9M
Q2 25
$6.2B
$47.5M
Q1 25
$6.1B
$39.5M
Q4 24
$6.0B
$34.6M
Q3 24
$6.2B
$29.8M
Q2 24
$6.1B
$28.9M
Q1 24
$6.0B
$28.0M
Debt / Equity
TROX
TROX
UAMY
UAMY
Q4 25
2.21×
0.00×
Q3 25
2.01×
0.00×
Q2 25
1.67×
0.00×
Q1 25
1.64×
0.00×
Q4 24
1.57×
0.01×
Q3 24
1.45×
0.01×
Q2 24
1.47×
0.01×
Q1 24
1.48×
0.00×

Cash Flow & Capital Efficiency

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

Metric
TROX
TROX
UAMY
UAMY
Operating Cash FlowLast quarter
$121.0M
$-3.5M
Free Cash FlowOCF − Capex
$53.0M
$-15.2M
FCF MarginFCF / Revenue
7.3%
-116.7%
Capex IntensityCapex / Revenue
9.3%
90.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-281.0M
$-37.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TROX
TROX
UAMY
UAMY
Q4 25
$121.0M
$-3.5M
Q3 25
$-57.0M
$-3.9M
Q2 25
$28.0M
$-627.7K
Q1 25
$-32.0M
$-1.7M
Q4 24
$82.0M
$1.2M
Q3 24
$87.0M
$411.2K
Q2 24
$160.0M
$565.9K
Q1 24
$-29.0M
$65.0K
Free Cash Flow
TROX
TROX
UAMY
UAMY
Q4 25
$53.0M
$-15.2M
Q3 25
$-137.0M
$-12.5M
Q2 25
$-55.0M
$-7.2M
Q1 25
$-142.0M
$-2.6M
Q4 24
$-35.0M
$970.6K
Q3 24
$-14.0M
$338.9K
Q2 24
$84.0M
$467.9K
Q1 24
$-105.0M
$12.3K
FCF Margin
TROX
TROX
UAMY
UAMY
Q4 25
7.3%
-116.7%
Q3 25
-19.6%
-144.1%
Q2 25
-7.5%
-68.0%
Q1 25
-19.2%
-37.0%
Q4 24
-5.2%
17.2%
Q3 24
-1.7%
13.2%
Q2 24
10.2%
12.8%
Q1 24
-13.6%
0.4%
Capex Intensity
TROX
TROX
UAMY
UAMY
Q4 25
9.3%
90.1%
Q3 25
11.4%
99.7%
Q2 25
11.4%
62.1%
Q1 25
14.9%
12.3%
Q4 24
17.3%
3.7%
Q3 24
12.6%
2.8%
Q2 24
9.3%
2.7%
Q1 24
9.8%
1.7%
Cash Conversion
TROX
TROX
UAMY
UAMY
Q4 25
Q3 25
Q2 25
-3.46×
Q1 25
-3.16×
Q4 24
Q3 24
Q2 24
10.00×
2.79×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

UAMY
UAMY

Antimony$11.8M90%
Other$1.2M10%

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