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Tronox HoldingsTROX -3.44%54 Debt-to-Equity is 2.95 as of Jun. 2026, which is 32% above its 10-year median of 2.24. GuruFocus rates TROX with a GF Score™ of 54/100 and a GF Value™ of $9.58 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,421 Chemicals companies, Tronox Holdings ranks worse than 97.26% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Tronox Holdings's Debt-to-Equity or its related term are showing as below:
TROX'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.13 Med: 2.24 Max: 5.97
Current: 2.95
During the past 13 years, the highest Debt-to-Equity Ratio of Tronox Holdings was 5.97. The lowest was 1.13. And the median was 2.24.
TROX's Debt-to-Equity is ranked worse than 97.26% of 1421
companies
in the Chemicals industry
Industry Median: 0.36
vs TROX: 2.95
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Tronox Holdings Debt-to-Equity Related Terms
Tronox Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Tronox Holdings's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TROX vs LXU, GPRE, WLKP: Debt-to-Equity Comparison
For the Chemicals subindustry, Tronox Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tronox Holdings Debt-to-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Tronox Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Tronox Holdings's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tronox Holdings (TROX) has a Debt-to-Equity of 2.95 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tronox Holdings and its competitors. This is 32% above median its historical median of 2.24. Over the past decade, Tronox Holdings' Debt-to-Equity has ranged from 1.13 to 5.97. According to the industry distribution chart, Tronox Holdings ranks #1382 out of 1421 companies in the Chemicals industry, placing it in the top 97.3%.
Is Tronox Holdings' Debt-to-Equity too high?
Tronox Holdings' current Debt-to-Equity of 2.95 is 32% above median its 10-year median of 2.24. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 5.97. The Chemicals industry median Debt-to-Equity is 0.36. Tronox Holdings' value of 2.95 is 719.4% above this industry median. Based on the distribution chart, Tronox Holdings ranks #1382 out of 1421 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Tronox Holdings has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tronox Holdings' Debt-to-Equity compare to LXU and GPRE?
According to the Chemicals industry distribution chart, Tronox Holdings ranks #1382 out of 1421 companies for Debt-to-Equity. This places Tronox Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.36. Tronox Holdings' value of 2.95 is 719.4% above this benchmark. Historically, Tronox Holdings' own Debt-to-Equity has ranged from 1.13 to 5.97 over the past decade. While the company's 10-year median is 2.24 vs. the industry median of 0.36, Tronox Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.36, based on 1,421 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tronox Holdings's current Debt-to-Equity of 2.95 is 719.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tronox Holdings and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tronox Holdings's current Debt-to-Equity is 2.95, which is 32% above median its own 10-year median of 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tronox Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tronox Holdings (TROX) is currently considered Possible Value Trap. The stock's GF Value™ is $9.58, compared to a current price of $6.17 — trading 35.6% below its estimated fair value. The current Debt-to-Equity is 2.95, which is 32% above median its 10-year median of 2.24 and 719.4% above the Chemicals industry median of 0.36. Tronox Holdings' overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Tronox Holdings (TROX), the current Debt-to-Equity is 2.95 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tronox Holdings (TROX) Overvalued in 2026?
Based on GuruFocus' analysis, Tronox Holdings stock appears to be undervalued.
The current stock price of $6.17 is trading 35.6% below its estimated GF Value™ of $9.58.
GuruFocus considers Tronox Holdings to be Possible Value Trap.
Key valuation signals for TROX:
Debt-to-Equity: 2.95 (32% above median its 10-year median of 2.24)
GF Value™: $9.58 vs. price of $6.17 (35.6% below fair value)
Industry Position: 719.4% above the Chemicals median (#1382 of 1421)
No single metric tells the full story. See the TROX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tronox Holdings PLC is a vertically integrated manufacturer of TiO2 pigment. It operates titanium-bearing mineral sand mines and beneficiation and smelting operations in Australia & South Africa to produce feedstock materials that can be processed into TiO2 for pigment, high-purity titanium chemicals, including titanium tetrachloride, and ultrafine TiO2 used in certain specialty applications. TiO2 and titanium feedstock, are used to produce paints and coatings, as well as plastics, paper, and printing ink. It has three pigment production facilities in the United States, the Netherlands, and Western Australia and three mining operations in Western Australia and South Africa. Europe, the Middle East, and Africa regions contribute the majority of revenue.
54GF Score
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