Varex Imaging (VREX) Asset Utilization Ratio (2016 - 2026)
Varex Imaging (VREX) posted quarterly Asset Utilization Ratio of 0.78 for Q2 2026, up 27.43% year-over-year from 0.62 in Q2 2025, and up 1.19% quarter-over-quarter from 0.77 in Q1 2026.
Varex Imaging (VREX) Asset Utilization Ratio (2016 - 2026) Analysis & Trends
Varex Imaging (VREX) has reported Asset Utilization Ratio for 11 consecutive years, with 0.78 the latest figure, recorded in Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 27.43% year-over-year to 0.78; the TTM figure through Apr 2026 stood at 0.78 (up 27.43% YoY), while the FY2025 annual figure was 0.73, up 10.52% from the prior year.
- Asset Utilization Ratio rose to 0.78 in Q2 2026 per VREX's latest filing, from 0.77 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.78 in Q2 2026 and bottomed at 0.62 in Q2 2025.
- Historically, Asset Utilization Ratio has averaged 0.71 across 5 years, with a median of 0.73 in 2022.
- Annual changes were most pronounced in 2024 — Asset Utilization Ratio decreased 10.99% — and 2026, when it gained 27.43%.
- Varex Imaging's Asset Utilization Ratio stood at 0.73 in 2022, then dropped by 3.81% to 0.7 in 2023, then fell by 6.65% to 0.66 in 2024, then grew by 17.78% to 0.77 in 2025, then gained by 1.22% to 0.78 in 2026.
- Business Quant data shows VREX's Asset Utilization Ratio at 0.78 in Q2 2026, 0.77 in Q1 2026, and 0.77 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn | 0.42 |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 0.55 |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 0.39 |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 0.47 |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 0.48 |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 0.76 |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 0.57 |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | 0.80 |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 0.56 |
| 10 | Varex Imaging | 778.22 Mn | 679.02 Mn | 76.70 Mn | 0.79 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 0.79 |
| Apr 3, 2026 | 0.78 |
| Jan 2, 2026 | 0.77 |
| Oct 3, 2025 | 0.77 |
| Jul 4, 2025 | 0.68 |
| Apr 4, 2025 | 0.62 |
| Jan 3, 2025 | 0.64 |
| Sep 27, 2024 | 0.66 |
| Jun 28, 2024 | 0.66 |
| Mar 29, 2024 | 0.69 |
| Dec 29, 2023 | 0.70 |
| Sep 29, 2023 | 0.73 |
| Jun 30, 2023 | 0.75 |
| Mar 31, 2023 | 0.74 |
| Dec 30, 2022 | 0.73 |
| Sep 30, 2022 | 0.73 |
| Jul 1, 2022 | 0.74 |
| Apr 1, 2022 | 0.75 |
| Dec 31, 2021 | 0.73 |
| Oct 1, 2021 | 0.71 |