Growth Metrics

Varex Imaging (VREX) Asset Utilization Ratio (2016 - 2026)

Varex Imaging (VREX) reported 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% on a QoQ basis from 0.77 in Q1 2026.

Varex Imaging (VREX) has 11 years of Asset Utilization Ratio data on file, last reported at 0.78 in Q2 2026.

  • Quarterly Asset Utilization Ratio rose 27.43% year-over-year to 0.78 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.78 (up 27.43% YoY) and the FY2025 annual result came in at 0.73, up 10.52% from the prior year.
  • Asset Utilization Ratio climbed 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.
  • The 5-year median for Asset Utilization Ratio is 0.73 (2022), against an average of 0.71.
  • The widest annual swing landed in 2024, when Asset Utilization Ratio fell 10.99%; it then increased 27.43% in 2026.
  • Tracing VREX's Asset Utilization Ratio over 5 years: stood at 0.73 in 2022, then retreated by 3.81% to 0.7 in 2023, then slipped by 6.65% to 0.66 in 2024, then gained by 17.78% to 0.77 in 2025, then grew by 1.22% to 0.78 in 2026.
  • Per Business Quant, the three latest VREX Asset Utilization Ratio figures stand at 0.78 (Q2 2026), 0.77 (Q1 2026), and 0.77 (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 0.46
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 0.54
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 0.39
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 0.47
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 0.47
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 0.65
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 0.74
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 0.57
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 0.56
10 Varex Imaging 419.42 Mn 345.02 Mn 72.60 Mn 0.78

Historic Data

Download Data 🔒
DateValue
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
Jul 2, 2021 0.66
Apr 2, 2021 0.64
Jan 1, 2021 0.63
Oct 2, 2020 0.65
Jul 3, 2020 0.70
Apr 3, 2020 0.74
Jan 3, 2020 0.75
Sep 27, 2019 0.75
Jun 28, 2019 0.78
Mar 29, 2019 0.79
Dec 28, 2018 0.79
Sep 28, 2018 0.79
Jun 29, 2018 0.80
Mar 30, 2018 0.76
Dec 29, 2017 0.70
Sep 29, 2017 0.67
Jun 30, 2017 0.75
Mar 31, 2017 0.95
Dec 30, 2016 1.00