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Side-by-side financial comparison of Tronox Holdings plc (TROX) and EXPRO GROUP HOLDINGS N.V. (XPRO). Click either name above to swap in a different company.

Tronox Holdings plc is the larger business by last-quarter revenue ($730.0M vs $367.6M, roughly 2.0× EXPRO GROUP HOLDINGS N.V.). On growth, Tronox Holdings plc posted the faster year-over-year revenue change (8.0% vs -6.0%). Tronox Holdings plc produced more free cash flow last quarter ($53.0M vs $23.2M). Over the past eight quarters, Tronox Holdings plc's revenue compounded faster (-2.9% CAGR vs -11.5%).

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...

Expro is an energy services provider headquartered in Houston, Texas, United States.

TROX vs XPRO — Head-to-Head

Bigger by revenue
TROX
TROX
2.0× larger
TROX
$730.0M
$367.6M
XPRO
Growing faster (revenue YoY)
TROX
TROX
+13.9% gap
TROX
8.0%
-6.0%
XPRO
More free cash flow
TROX
TROX
$29.8M more FCF
TROX
$53.0M
$23.2M
XPRO
Faster 2-yr revenue CAGR
TROX
TROX
Annualised
TROX
-2.9%
-11.5%
XPRO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
TROX
TROX
XPRO
XPRO
Revenue
$730.0M
$367.6M
Net Profit
$-176.0M
Gross Margin
5.3%
6.7%
Operating Margin
-15.6%
0.0%
Net Margin
-24.1%
Revenue YoY
8.0%
-6.0%
Net Profit YoY
-486.7%
EPS (diluted)
$-1.11
$0.05

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
XPRO
XPRO
Q1 26
$367.6M
Q4 25
$730.0M
$382.1M
Q3 25
$699.0M
$411.4M
Q2 25
$731.0M
$422.7M
Q1 25
$738.0M
$390.9M
Q4 24
$676.0M
$436.8M
Q3 24
$804.0M
$422.8M
Q2 24
$820.0M
$469.6M
Net Profit
TROX
TROX
XPRO
XPRO
Q1 26
Q4 25
$-176.0M
$5.8M
Q3 25
$-99.0M
$14.0M
Q2 25
$-84.0M
$18.0M
Q1 25
$-111.0M
$13.9M
Q4 24
$-30.0M
$23.0M
Q3 24
$-25.0M
$16.3M
Q2 24
$16.0M
$15.3M
Gross Margin
TROX
TROX
XPRO
XPRO
Q1 26
6.7%
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
TROX
TROX
XPRO
XPRO
Q1 26
0.0%
Q4 25
-15.6%
3.1%
Q3 25
-6.2%
6.4%
Q2 25
-4.8%
7.7%
Q1 25
-8.3%
2.6%
Q4 24
7.1%
7.3%
Q3 24
6.7%
6.2%
Q2 24
9.3%
5.9%
Net Margin
TROX
TROX
XPRO
XPRO
Q1 26
Q4 25
-24.1%
1.5%
Q3 25
-14.2%
3.4%
Q2 25
-11.5%
4.3%
Q1 25
-15.0%
3.6%
Q4 24
-4.4%
5.3%
Q3 24
-3.1%
3.8%
Q2 24
2.0%
3.3%
EPS (diluted)
TROX
TROX
XPRO
XPRO
Q1 26
$0.05
Q4 25
$-1.11
$0.05
Q3 25
$-0.63
$0.12
Q2 25
$-0.53
$0.16
Q1 25
$-0.70
$0.12
Q4 24
$-0.19
$0.20
Q3 24
$-0.16
$0.14
Q2 24
$0.10
$0.13

Balance Sheet & Financial Strength

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

Metric
TROX
TROX
XPRO
XPRO
Cash + ST InvestmentsLiquidity on hand
$199.0M
$170.7M
Total DebtLower is stronger
$3.1B
$79.1M
Stockholders' EquityBook value
$1.4B
$1.5B
Total Assets
$6.2B
$2.2B
Debt / EquityLower = less leverage
2.21×
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TROX
TROX
XPRO
XPRO
Q1 26
$170.7M
Q4 25
$199.0M
$196.1M
Q3 25
$185.0M
$197.9M
Q2 25
$132.0M
$206.8M
Q1 25
$138.0M
$179.3M
Q4 24
$151.0M
$183.0M
Q3 24
$167.0M
$165.7M
Q2 24
$201.0M
$133.5M
Total Debt
TROX
TROX
XPRO
XPRO
Q1 26
$79.1M
Q4 25
$3.1B
$79.1M
Q3 25
$3.1B
$99.1M
Q2 25
$2.7B
$121.1M
Q1 25
$2.8B
$121.1M
Q4 24
$2.8B
$121.1M
Q3 24
$2.8B
$121.1M
Q2 24
$2.8B
$121.1M
Stockholders' Equity
TROX
TROX
XPRO
XPRO
Q1 26
$1.5B
Q4 25
$1.4B
$1.5B
Q3 25
$1.6B
$1.5B
Q2 25
$1.6B
$1.5B
Q1 25
$1.7B
$1.5B
Q4 24
$1.8B
$1.5B
Q3 24
$1.9B
$1.5B
Q2 24
$1.9B
$1.5B
Total Assets
TROX
TROX
XPRO
XPRO
Q1 26
$2.2B
Q4 25
$6.2B
$2.3B
Q3 25
$6.3B
$2.3B
Q2 25
$6.2B
$2.3B
Q1 25
$6.1B
$2.3B
Q4 24
$6.0B
$2.3B
Q3 24
$6.2B
$2.3B
Q2 24
$6.1B
$2.3B
Debt / Equity
TROX
TROX
XPRO
XPRO
Q1 26
0.05×
Q4 25
2.21×
0.05×
Q3 25
2.01×
0.07×
Q2 25
1.67×
0.08×
Q1 25
1.64×
0.08×
Q4 24
1.57×
0.08×
Q3 24
1.45×
0.08×
Q2 24
1.47×
0.08×

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
XPRO
XPRO
Operating Cash FlowLast quarter
$121.0M
$25.3M
Free Cash FlowOCF − Capex
$53.0M
$23.2M
FCF MarginFCF / Revenue
7.3%
6.3%
Capex IntensityCapex / Revenue
9.3%
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-281.0M
$112.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TROX
TROX
XPRO
XPRO
Q1 26
$25.3M
Q4 25
$121.0M
$57.1M
Q3 25
$-57.0M
$63.2M
Q2 25
$28.0M
$48.4M
Q1 25
$-32.0M
$41.5M
Q4 24
$82.0M
$97.4M
Q3 24
$87.0M
$55.3M
Q2 24
$160.0M
$-13.2M
Free Cash Flow
TROX
TROX
XPRO
XPRO
Q1 26
$23.2M
Q4 25
$53.0M
$23.2M
Q3 25
$-137.0M
$39.0M
Q2 25
$-55.0M
$27.2M
Q1 25
$-142.0M
$8.4M
Q4 24
$-35.0M
$53.0M
Q3 24
$-14.0M
$23.3M
Q2 24
$84.0M
$-49.5M
FCF Margin
TROX
TROX
XPRO
XPRO
Q1 26
6.3%
Q4 25
7.3%
6.1%
Q3 25
-19.6%
9.5%
Q2 25
-7.5%
6.4%
Q1 25
-19.2%
2.1%
Q4 24
-5.2%
12.1%
Q3 24
-1.7%
5.5%
Q2 24
10.2%
-10.5%
Capex Intensity
TROX
TROX
XPRO
XPRO
Q1 26
1.2%
Q4 25
9.3%
8.9%
Q3 25
11.4%
5.9%
Q2 25
11.4%
5.0%
Q1 25
14.9%
8.5%
Q4 24
17.3%
10.2%
Q3 24
12.6%
7.6%
Q2 24
9.3%
7.7%
Cash Conversion
TROX
TROX
XPRO
XPRO
Q1 26
Q4 25
9.89×
Q3 25
4.52×
Q2 25
2.69×
Q1 25
2.98×
Q4 24
4.23×
Q3 24
3.40×
Q2 24
10.00×
-0.86×

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%

XPRO
XPRO

Segment breakdown not available.

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