Tronox Holdings plc (TROX) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Tronox Holdings plc Do?
Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates titanium-bearing mineral sand mines; and engages in beneficiation and smelting operations. It offers TiO2 pigment; ultrafine specialty TiO2; zircon; feedstock; pig iron; titanium tetrachloride; and other products. The company's products are used for the manufacture of paints, coatings, plastics, and paper, as well as various other applications. Tronox Holdings plc is based in Stamford, Connecticut. Tronox Holdings plc (TROX) is classified as a small-cap stock in the Materials sector, specifically within the Chemicals industry. The company is led by CEO John D. Romano and employs approximately 6,610 people, headquartered in Stamford, Connecticut. With a market capitalization of $1.5B, TROX is one of the notable companies in the Materials sector.
Tronox Holdings plc (TROX) Stock Rating — Hold (April 2026)
As of April 2026, Tronox Holdings plc receives a Hold rating with a composite score of 36.0/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.TROX ranks #1,943 out of 4,446 stocks in our coverage universe. Within the Materials sector, Tronox Holdings plc ranks #134 of 284 stocks, placing it in the upper half of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
TROX Stock Price and 52-Week Range
Tronox Holdings plc (TROX) currently trades at $9.08. The stock gained $0.18 (2.0%) in the most recent trading session. The 52-week high for TROX is $8.80, which means the stock is currently trading 3.2% from its annual peak. The 52-week low is $2.86, putting the stock 217.5% above its annual trough. Recent trading volume was 2.9M shares, reflecting moderate market activity.
Is TROX Overvalued or Undervalued? — Valuation Analysis
Tronox Holdings plc (TROX) carries a value factor score of 19/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 1.03x, versus the sector average of 2.83x. The price-to-sales ratio is 0.50x, compared to 0.74x for the average Materials stock. On an enterprise value basis, TROX trades at 4.98x EV/EBITDA, versus 6.01x for the sector.
At current multiples, Tronox Holdings plc trades at a premium to most Materials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
Tronox Holdings plc Profitability — ROE, Margins, and Quality Score
Tronox Holdings plc (TROX) earns a quality factor score of 43/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -22.1%, compared to the Materials sector average of 3.3%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -5.2% versus the sector average of 0.6%.
On a margin basis, Tronox Holdings plc reports gross margins of 11.9%, compared to 29.8% for the sector. The operating margin is -3.1% (sector: 6.0%). Net profit margin stands at -11.0%, versus 3.0% for the average Materials stock. Revenue growth is running at -14.8% on a trailing basis, compared to 1.8% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
TROX Debt, Balance Sheet, and Financial Health
Tronox Holdings plc has a debt-to-equity ratio of 329.0%, compared to the Materials sector average of 41.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 2.46x, indicating strong short-term liquidity. Total debt on the balance sheet is $3.23B. Cash and equivalents stand at $185M.
TROX has a beta of 2.14, meaning it is more volatile than the broader market — a $10,000 investment in TROX would be expected to move 113.6% more than the S&P 500 on any given day. The stability factor score for Tronox Holdings plc is 19/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
Tronox Holdings plc Revenue and Earnings History — Quarterly Trend
In TTM 2026, Tronox Holdings plc reported revenue of $2.97B and earnings per share (EPS) of $-2.97. Net income for the quarter was $-321M. Gross margin was 11.9%. Operating income came in at $-85M.
In FY 2025, Tronox Holdings plc reported revenue of $2.90B and earnings per share (EPS) of $-2.97. Net income for the quarter was $-473M. Gross margin was 9.3%. Revenue grew -5.7% year-over-year compared to FY 2024. Operating income came in at $-253M.
In Q3 2025, Tronox Holdings plc reported revenue of $699M and earnings per share (EPS) of $-0.63. Net income for the quarter was $-100M. Gross margin was 7.4%. Revenue grew -13.1% year-over-year compared to Q3 2024. Operating income came in at $-43M.
In Q2 2025, Tronox Holdings plc reported revenue of $731M and earnings per share (EPS) of $-0.53. Net income for the quarter was $-85M. Gross margin was 10.8%. Revenue grew -10.9% year-over-year compared to Q2 2024. Operating income came in at $-35M.
Over the past 8 quarters, Tronox Holdings plc has demonstrated a growth trajectory, with revenue expanding from $820M to $2.97B. Investors analyzing TROX stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
TROX Dividend Yield and Income Analysis
Tronox Holdings plc (TROX) currently pays a dividend yield of 13.7%. At this yield, a $10,000 investment in TROX stock would generate approximately $$1368.00 in annual dividend income. This compares to the Materials sector average dividend yield of 0.5%, meaning TROX offers above-average income for its sector.
TROX Momentum and Technical Analysis Profile
Tronox Holdings plc (TROX) has a momentum factor score of 55/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 37/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 8/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
TROX vs Competitors — Materials Sector Ranking and Peer Comparison
Within the Materials sector, Tronox Holdings plc (TROX) ranks #134 out of 284 stocks based on the Blank Capital composite score. This places TROX in the upper half of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.
Comparing TROX against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full TROX vs S&P 500 (SPY) comparison to assess how Tronox Holdings plc stacks up against the broader market across all factor dimensions.
TROX Next Earnings Date
No upcoming earnings date has been announced for Tronox Holdings plc (TROX) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy TROX? — Investment Thesis Summary
Tronox Holdings plc presents a balanced picture with arguments on both sides. The value score of 19/100 indicates premium valuation. High volatility (stability score 19/100) increases portfolio risk.
In summary, Tronox Holdings plc (TROX) earns a Hold rating with a composite score of 36.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on TROX stock.
Related Resources for TROX Investors
Explore more research and tools: TROX vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare TROX head-to-head with peers: TROX vs CF, TROX vs NTR, TROX vs UAN.