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

Varex Imaging's (VREX) quarterly Asset Utilization Ratio came in at 0.78 in Q2 2026, up 27.43% year-on-year from 0.62 in Q2 2025, and up 1.19% on a QoQ basis from 0.77 in Q1 2026.

Varex Imaging (VREX) Asset Utilization Ratio (2016 - 2026) Analysis & Trends

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

  • On a quarterly basis, Asset Utilization Ratio rose 27.43% year-over-year to 0.78 in Q2 2026; TTM through Apr 2026 was 0.78, a 27.43% increase from a year earlier, with the FY2025 full-year figure at 0.73, up 10.52% from the prior year.
  • Asset Utilization Ratio for Q2 2026 stood at 0.78, up from 0.77 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for VREX reached as high as 0.78 in Q2 2026 and fell as low as 0.62 in Q2 2025.
  • Historically, Asset Utilization Ratio has averaged 0.71 across 5 years, with a median of 0.73 in 2022.
  • Across the five-year window, Asset Utilization Ratio fell 10.99% in 2024 and increased 27.43% in 2026, its largest moves.
  • Year by year, Asset Utilization Ratio stood at 0.73 in 2022, then fell by 3.81% to 0.7 in 2023, then decreased by 6.65% to 0.66 in 2024, then rose by 17.78% to 0.77 in 2025, then climbed by 1.22% to 0.78 in 2026.
  • Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.78 in Q2 2026, 0.77 in Q1 2026, and 0.77 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Abbott Laboratories 182.39 Bn 175.10 Bn 6.27 Bn 0.46
2 Stryker 128.75 Bn 125.87 Bn 3.81 Bn 0.54
3 Medtronic 108.59 Bn 99.37 Bn 6.41 Bn 0.39
4 Boston Scientific 68.22 Bn 66.77 Bn 3.61 Bn 0.47
5 Edwards Lifesciences 47.59 Bn 43.92 Bn 1.29 Bn 0.47
6 Dexcom 28.58 Bn 27.46 Bn 750.30 Mn 0.74
7 GE HealthCare Technologies 28.48 Bn 26.20 Bn 1.98 Bn 0.57
8 Smith & Nephew 26.96 Bn 26.39 Bn - -
9 Koninklijke Philips 25.47 Bn 22.34 Bn 2.07 Bn 0.65
10 Varex Imaging 473.76 Mn 385.46 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