Tronox Holdings annual debt-to-equity ratio
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2025
Tronox Holdings Debt-to-Equity Ratio Growth & History (TROX)
Tronox Holdings's debt-to-equity ratio was 2.42 for fiscal 2025.
View full Tronox Holdings company overviewTronox Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.42 | 0.70 | +40.75% |
| 2024 | 2024-12-31 | 1.72 | 0.18 | +11.45% |
| 2023 | 2023-12-31 | 1.54 | 0.39 | +34.32% |
| 2022 | 2022-12-31 | 1.15 | −0.20 | −15.12% |
| 2021 | 2021-12-31 | 1.35 | −0.67 | −33.26% |
| 2020 | 2020-12-31 | 2.02 | −2.20 | −52.10% |
| 2019 | 2019-12-31 | 4.22 | −0.46 | −9.83% |
| 2018 | 2018-12-31 | 4.69 | 0.84 | +21.72% |
| 2017 | 2017-12-31 | 3.85 | 0.82 | +27.17% |
| 2016 | 2016-12-31 | 3.03 | −0.06 | −1.80% |
| 2015 | 2015-12-31 | 3.08 | 1.60 | +107.37% |
| 2014 | 2014-12-31 | 1.49 | 0.40 | +37.12% |
| 2013 | 2013-12-31 | 1.08 | 0.46 | +74.56% |
| 2012 | 2012-12-31 | 0.62 | — | — |
Tronox Holdings quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.96 | 1.01 | +51.37% |
| Q1 2026 | 2026-03-31 | 2.71 | 0.84 | +44.87% |
| Q4 2025 | 2025-12-31 | 2.42 | 0.70 | +40.75% |
| Q3 2025 | 2025-09-30 | 2.20 | 0.65 | +41.84% |
| Q2 2025 | 2025-06-30 | 1.96 | 0.40 | +25.60% |
| Q1 2025 | 2025-03-31 | 1.87 | 0.30 | +18.76% |
| Q4 2024 | 2024-12-31 | 1.72 | 0.18 | +11.45% |
| Q3 2024 | 2024-09-30 | 1.55 | 0.06 | +3.73% |
| Q2 2024 | 2024-06-30 | 1.56 | 0.17 | +12.08% |
| Q1 2024 | 2024-03-31 | 1.58 | 0.37 | +31.18% |
| Q4 2023 | 2023-12-31 | 1.54 | 0.39 | +34.32% |
| Q3 2023 | 2023-09-30 | 1.50 | 0.32 | +27.15% |
| Q2 2023 | 2023-06-30 | 1.39 | 0.23 | +19.33% |
| Q1 2023 | 2023-03-31 | 1.20 | −0.10 | −7.80% |
| Q4 2022 | 2022-12-31 | 1.15 | −0.20 | −15.12% |
| Q3 2022 | 2022-09-30 | 1.18 | −0.25 | −17.47% |
| Q2 2022 | 2022-06-30 | 1.16 | −0.37 | −24.08% |
| Q1 2022 | 2022-03-31 | 1.30 | −0.65 | −33.33% |
| Q4 2021 | 2021-12-31 | 1.35 | −0.67 | −33.26% |
| Q3 2021 | 2021-09-30 | 1.43 | −0.89 | −38.49% |
| Q2 2021 | 2021-06-30 | 1.53 | −4.46 | −74.41% |
| Q1 2021 | 2021-03-31 | 1.95 | −4.04 | −67.42% |
| Q4 2020 | 2020-12-31 | 2.02 | −2.20 | −52.10% |
| Q3 2020 | 2020-09-30 | 2.32 | −2.56 | −52.48% |
| Q2 2020 | 2020-06-30 | 6.00 | 1.73 | +40.62% |
| Q1 2020 | 2020-03-31 | 6.00 | −0.04 | −0.66% |
| Q4 2019 | 2019-12-31 | 4.22 | −0.46 | −9.83% |
| Q3 2019 | 2019-09-30 | 4.88 | 0.35 | +7.75% |
| Q2 2019 | 2019-06-30 | 4.26 | −0.16 | −3.68% |
| Q1 2019 | 2019-03-31 | 6.04 | 2.19 | +57.07% |
| Q4 2018 | 2018-12-31 | 4.69 | 0.84 | +21.72% |
| Q3 2018 | 2018-09-30 | 4.53 | 0.27 | +6.40% |
| Q2 2018 | 2018-06-30 | 4.43 | 1.38 | +45.48% |
| Q1 2018 | 2018-03-31 | 3.84 | 0.76 | +24.79% |
| Q4 2017 | 2017-12-31 | 3.85 | 0.82 | +27.17% |
| Q3 2017 | 2017-09-30 | 4.26 | 0.73 | +20.64% |
| Q2 2017 | 2017-06-30 | 3.04 | −0.45 | −12.93% |
| Q1 2017 | 2017-03-31 | 3.08 | −0.23 | −7.08% |
| Q4 2016 | 2016-12-31 | 3.03 | −0.06 | −1.80% |
| Q3 2016 | 2016-09-30 | 3.53 | 0.88 | +32.94% |
| Q2 2016 | 2016-06-30 | 3.50 | 1.19 | +51.80% |
| Q1 2016 | 2016-03-31 | 3.32 | 1.31 | +65.56% |
| Q4 2015 | 2015-12-31 | 3.08 | 1.60 | +107.37% |
| Q3 2015 | 2015-09-30 | 2.66 | 1.45 | +119.59% |
| Q2 2015 | 2015-06-30 | 2.30 | 1.17 | +103.37% |
| Q1 2015 | 2015-03-31 | 2.00 | 0.88 | +79.15% |
| Q4 2014 | 2014-12-31 | 1.49 | 0.40 | +37.12% |
| Q3 2014 | 2014-09-30 | 1.21 | 0.17 | +16.41% |
| Q2 2014 | 2014-06-30 | 1.13 | 0.12 | +12.10% |
| Q1 2014 | 2014-03-31 | 1.12 | 0.15 | +14.94% |
| Q4 2013 | 2013-12-31 | 1.08 | 0.46 | +74.56% |
| Q3 2013 | 2013-09-30 | 1.04 | 0.51 | +97.53% |
| Q2 2013 | 2013-06-30 | 1.01 | 0.80 | +378.19% |
| Q1 2013 | 2013-03-31 | 0.97 | — | — |
| Q4 2012 | 2012-12-31 | 0.62 | — | — |
| Q3 2012 | 2012-09-30 | 0.53 | — | — |
| Q2 2012 | 2012-06-30 | 0.21 | — | — |
Tronox Holdings debt-to-equity ratio trends
Over the last five fiscal years, Tronox Holdings's debt-to-equity ratio increased from 2.02 to 2.42, a change of 0.39. The latest reported quarter, Q2 2026, shows 2.96.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Tronox Holdings source filings ↗