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Luxfer vs Tronox: revenue, profit, margins and growth compared

Luxfer brought in $384.6M of revenue in fiscal 2025, Tronox $2.9B in fiscal 2025. Revenue changed by -1.9% at Luxfer and -5.7% at Tronox on the year before, so Luxfer grew faster. Luxfer kept 2.0% of its revenue as net profit, Tronox -16.2%. Free cash flow was $26.2M at Luxfer and -$281M at Tronox.

Side by side, latest fiscal year

LXFRTROX
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$384.6M$2.9B
Revenue growth-1.9%-5.7%
Net income$7.7M-$470M
Net margin2.0%-16.2%
Free cash flow$26.2M-$281M
Free cash flow margin6.8%-9.7%
Earnings per share (diluted)$0.28-$2.97
Cash$8.3M$199M
Debt$39.4M$39M
Price to earnings61.6n/a
Market value$461.6M$643.6M
Dividend yieldn/a8.68%
Rank by revenue in sector#44 of 71 · Basic materials#17 of 71 · Basic materials

Over the years

Revenue
LXFR FY2018: $401.9MLXFR FY2019: $373.4MLXFR FY2020: $324.8MLXFR FY2021: $374.1MLXFR FY2022: $423.4MLXFR FY2023: $405MLXFR FY2024: $391.9MLXFR FY2025: $384.6MTROX FY2018: $1.8BTROX FY2019: $2.6BTROX FY2020: $2.8BTROX FY2021: $3.6BTROX FY2022: $3.5BTROX FY2023: $2.9BTROX FY2024: $3.1BTROX FY2025: $2.9BFY18FY19FY20FY21FY22FY23FY24FY25
LXFR $384.6MTROX $2.9B
Net income
LXFR FY2018: $25MLXFR FY2019: $3.1MLXFR FY2020: $20MLXFR FY2021: $29.9MLXFR FY2022: $26.9MLXFR FY2023: -$1.9MLXFR FY2024: $18.4MLXFR FY2025: $7.7MTROX FY2018: -$7MTROX FY2019: -$109MTROX FY2020: $969MTROX FY2021: $286MTROX FY2022: $497MTROX FY2023: -$316MTROX FY2024: -$48MTROX FY2025: -$470MFY18FY19FY20FY21FY22FY23FY24FY25
LXFR $7.7MTROX -$470M
Net margin
LXFR FY2018: 6.2%LXFR FY2019: 0.8%LXFR FY2020: 6.2%LXFR FY2021: 8.0%LXFR FY2022: 6.4%LXFR FY2023: -0.5%LXFR FY2024: 4.7%LXFR FY2025: 2.0%TROX FY2018: -0.4%TROX FY2019: -4.1%TROX FY2020: 35.1%TROX FY2021: 8.0%TROX FY2022: 14.4%TROX FY2023: -11.1%TROX FY2024: -1.6%TROX FY2025: -16.2%FY18FY19FY20FY21FY22FY23FY24FY25
LXFR 2.0%TROX -16.2%
Revenue growth
LXFR FY2019: -7.1%LXFR FY2020: -13.0%LXFR FY2021: +15.2%LXFR FY2022: +13.2%LXFR FY2023: -4.3%LXFR FY2024: -3.2%LXFR FY2025: -1.9%TROX FY2019: +45.2%TROX FY2020: +4.4%TROX FY2021: +29.5%TROX FY2022: -3.3%TROX FY2023: -17.5%TROX FY2024: +7.9%TROX FY2025: -5.7%FY19FY20FY21FY22FY23FY24FY25
LXFR -1.9%TROX -5.7%
Free cash flow
LXFR FY2018: $50MLXFR FY2019: -$7.3MLXFR FY2020: $41.6MLXFR FY2021: $17MLXFR FY2022: $7.6MLXFR FY2023: $16.9MLXFR FY2024: $40.8MLXFR FY2025: $26.2MTROX FY2018: $53MTROX FY2019: $214MTROX FY2020: $160MTROX FY2021: $468MTROX FY2022: $170MTROX FY2023: -$77MTROX FY2024: -$70MTROX FY2025: -$281MFY18FY19FY20FY21FY22FY23FY24FY25
LXFR $26.2MTROX -$281M

Fiscal years as each company reports them; the two may end in different months.

Questions about Luxfer and Tronox

Which is bigger by revenue, Luxfer or Tronox?

Tronox is bigger by revenue: $2.9B in fiscal 2025, against $384.6M for Luxfer in fiscal 2025.

Which keeps more of its revenue as profit, Luxfer or Tronox?

Luxfer had a net margin of 2.0% in fiscal 2025; Tronox had -16.2% in fiscal 2025.

Which grew revenue faster, Luxfer or Tronox?

In their latest fiscal years revenue changed by -1.9% at Luxfer and -5.7% at Tronox.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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