---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-036388"
form_type: "8-K"
ticker: "TROX"
cik: "0001530804"
company_name: "Tronox Holdings plc"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T00:25:46.555769+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tronox Q2 adj EBITDA $168M at high end; net loss $269M; Q3 guide $115-135M

## Summary
- Revenue $794M, down 16% YoY but up 12% QoQ; TiO2 volumes -22% YoY, +9% QoQ.
- GAAP diluted EPS -$1.72 includes $293M Australia deferred tax valuation allowance; adj EPS $0.16.
- Adjusted EBITDA $168M (21.2% margin) at high end of $160-170M guidance; free cash flow $81M.
- Q3 adj EBITDA guidance $115-135M, citing flat TiO2 volumes and 15-20K ton drop in zircon volumes.
- Returned $50M to shareholders via dividends; net leverage 3.8x; $447M liquidity.

## SEC filing metadata
- accession: 0001140361-23-036388
- form_type: 8-K
- ticker: TROX
- cik: 0001530804
- company_name: Tronox Holdings plc
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530804/000114036123036388/0001140361-23-036388-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530804/000114036123036388/brhc20056479_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-036388
- JSON: https://secwatch.observer/filing/0001140361-23-036388.json
- Plain text: https://secwatch.observer/filing/0001140361-23-036388.txt

## Key facts
- Earnings Releases
  Tronox Holdings plc updated its third quarter 2023 guidance (initiated).
  - Period: third quarter 2023
  - Guidance: initiated
  - Result: guidance update
  source text: As a result of these market dynamics, we anticipate Adjusted EBITDA for the third quarter 2023 to be $115-135 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530804/000114036123036388/0001140361-23-036388-index.htm
- Earnings Releases
  Tronox Holdings plc reported quarter ending June 30, 2023 results: revenue $794 million, net income net loss of $269 million, EPS $(1.72).
  - Period: quarter ending June 30, 2023
  - Revenue: $794 million
  - Net income: net loss of $269 million
  - EPS: $(1.72)
  - Result: reported results
  source text: Produced revenue of $794 million, a 12% increase compared to the prior quarter, or a 16% decrease compared to the prior year • Generated income from operations of $84 million, and a net loss of $269 million, inclusive of a valuation allowance of $293 million established against the deferred tax assets within our Australia jurisdiction; adjusted net income was $24 million (non-GAAP) • GAAP diluted EPS was $(1.72); achieved adjusted diluted EPS of $0.16 (non-GAAP)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530804/000114036123036388/0001140361-23-036388-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.