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Tronox Holdings PLC

tronox.com

Tronox Holdings PLC (NYSE: TROX) is a specialty chemicals company that mines and processes titanium-bearing mineral sands and manufactures titanium dioxide (TiO2) pigment. Revenue comes from selling TiO2 pigment and co-products, including zircon, pig iron, and other minerals, on a transactional basis to industrial customers. Tronox is vertically integrated from mine to finished pigment, operating titanium feedstock mining and beneficiation alongside TiO2 manufacturing facilities. The company is headquartered in Stallingborough, Grimsby, North East Lincolnshire, United Kingdom, and is incorporated in England and Wales. The 10-K filed 2026-02-20 (accession 0001530804-26-000006) covers the fiscal year ended December 31, 2025. The vertical integration from raw mineral extraction through pigment production gives Tronox direct control over feedstock costs, a structural distinction from pure-play TiO2 producers that purchase feedstock externally.

Products & Services

Titanium dioxide (TiO2) pigment; titanium feedstock (ilmenite, rutile, slag); zircon; pig iron; mineral sands co-products.

Revenue Model

Transactional sales of TiO2 pigment and mineral co-products including zircon and pig iron to industrial customers.

Customers & Markets

Industrial customers in coatings, plastics, and paper end markets that consume TiO2 as a white pigment.

Geographic Exposure

Headquartered in Stallingborough, Grimsby, North East Lincolnshire, United Kingdom; incorporated in England and Wales.

Financial Snapshot

Revenue
TTM
$2.920B
Gross Margin
TTM
7.42%
Net Income
TTM
-$462.0M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
242.01%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
$936.0M
Book Value
2026 Q1
$5.121B
Cash
2026 Q1
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$274.0M

Stock Price

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Market Cap: $931.62 Million

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