Tronox Holdings (TROX) Return on Invested Capital [ROIC] (2012 - 2026)
Tronox Holdings' Return on Invested Capital [ROIC] came in at -4.85% for Q2 2026, down 4.97 percentage points from 0.13% a year earlier but up 0.17 percentage points from the prior quarter.
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Analysis
Tronox Holdings (TROX) Return on Invested Capital [ROIC] (2012 - 2026) Analysis & Trends
For FY2025, Tronox Holdings' Return on Invested Capital [ROIC] was -5.43%, down 5.43 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of -11.36 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 0.00% in FY2024 (unchanged), 0.00% in FY2023 (-9.58 pp), 9.58% in FY2022 (+0.05 pp) and 9.53% in FY2021 (+3.60 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is -5.33% (Q4 2025) to 11.72% (Q2 2022).
- Year-over-year, Return on Invested Capital [ROIC] has declined for four consecutive quarters, with an average year-over-year change of -2.14 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q2 2022 (a gain of 4.54 percentage points), and the weakest in Q2 2023 (a drop of 11.72 percentage points).
- Business Quant data shows TROX's Return on Invested Capital [ROIC] at -5.02% (Q1 2026), -5.33% (Q4 2025) and -1.90% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 240.54 Bn | 222.68 Bn | 4.44 Bn | 10.33% |
| 2 | Corning | 98.99 Bn | 90.66 Bn | 1.81 Bn | 11.02% |
| 3 | Sherwin Williams | 85.95 Bn | 84.97 Bn | 3.28 Bn | 19.47% |
| 4 | Air Products & Chemicals | 69.60 Bn | 64.79 Bn | 1.04 Bn | 0.00% |
| 5 | LyondellBasell Industries | 38.74 Bn | 26.80 Bn | 1.50 Bn | 8.97% |
| 6 | Nutrien | 35.46 Bn | 32.00 Bn | 1.86 Bn | 13.43% |
| 7 | Ppg Industries | 27.99 Bn | 20.91 Bn | 1.76 Bn | 11.09% |
| 8 | Qnity Electronics | 26.15 Bn | 22.29 Bn | 743.00 Mn | 8.73% |
| 9 | Ati | 25.62 Bn | 23.58 Bn | 380.20 Mn | 16.48% |
| 10 | Tronox Holdings | 414.42 Mn | -240.58 Mn | 77.00 Mn | -3.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -3.74% |
| Jun 30, 2026 | -4.85% |
| Mar 31, 2026 | -5.02% |
| Dec 31, 2025 | -5.33% |
| Sep 30, 2025 | -1.90% |
| Jun 30, 2025 | 0.13% |
| Mar 31, 2025 | 2.51% |
| Dec 31, 2024 | 0.00% |
| Sep 30, 2024 | 0.00% |
| Jun 30, 2024 | 0.00% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 9.02% |
| Dec 31, 2022 | 9.32% |
| Sep 30, 2022 | 11.40% |
| Jun 30, 2022 | 11.72% |
| Mar 31, 2022 | 8.70% |
| Dec 31, 2021 | 8.73% |
API Access
Tronox Holdings Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=TROX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=TROX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();