Tronox Holdings (TROX) FCF Margin (2011 - 2026)
Tronox Holdings (TROX) recorded FCF Margin of 6.91% in Q2 2026, up 14.44 percentage points from -7.52% a year earlier and up 24.68 percentage points from the prior quarter.
Tronox Holdings (TROX) FCF Margin (2011 - 2026) Analysis & Trends
On a TTM basis, Tronox Holdings' FCF Margin came in at -5.20% as of Jun 30, 2026, up 3.14 percentage points year-over-year; for FY2025, it was -9.70%, down 7.42 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -15.50 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at -2.28% in FY2024 (+0.42 pp), -2.70% in FY2023 (-7.62 pp), 4.92% in FY2022 (-8.18 pp) and 13.10% in FY2021 (+7.30 pp).
- Quarterly FCF Margin has ranged from -24.29% in Q1 2023 to 21.95% in Q3 2021 over the past five years.
- On a year-over-year basis, FCF Margin has increased for three consecutive quarters, with an average year-over-year change of -2.71 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 17.29 percentage points in Q2 2023, against a drop of 33.21 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -17.76% (Q1 2026), 7.26% (Q4 2025) and -19.60% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 8.97% |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 28.75% |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 18.25% |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | 9.79% |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | -9.22% |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 5.25% |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 27.52% |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 10.57% |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 5.01% |
| 10 | Tronox Holdings | 630.82 Mn | -43.18 Mn | 55.00 Mn | 6.91% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.91% |
| Mar 31, 2026 | -17.76% |
| Dec 31, 2025 | 7.26% |
| Sep 30, 2025 | -19.60% |
| Jun 30, 2025 | -7.52% |
| Mar 31, 2025 | -19.24% |
| Dec 31, 2024 | -5.18% |
| Sep 30, 2024 | -1.74% |
| Jun 30, 2024 | 10.24% |
| Mar 31, 2024 | -13.57% |
| Dec 31, 2023 | 7.43% |
| Sep 30, 2023 | -5.59% |
| Jun 30, 2023 | 10.20% |
| Mar 31, 2023 | -24.29% |
| Dec 31, 2022 | 19.41% |
| Sep 30, 2022 | 2.79% |
| Jun 30, 2022 | -7.09% |
| Mar 31, 2022 | 8.91% |
| Dec 31, 2021 | 5.66% |
| Sep 30, 2021 | 21.95% |
Tronox Holdings FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=TROX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "TROX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=TROX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();