Varex Imaging (VREX) Asset Utilization Ratio (2016 - 2026)
Varex Imaging's (VREX) quarterly Asset Utilization Ratio came in at 0.79 in Q3 2026, up 16.93% year-over-year from 0.68 in Q3 2025, and up 0.78% quarter-over-quarter from 0.78 in Q2 2026.
Analysis
Varex Imaging (VREX) Asset Utilization Ratio (2016 - 2026) Analysis & Trends
Varex Imaging (VREX) has reported Asset Utilization Ratio for 11 consecutive years, with 0.79 the latest figure, recorded in Q3 2026.
- On a quarterly basis, Asset Utilization Ratio rose 16.93% year-over-year to 0.79 in Q3 2026; TTM through Jul 2026 was 0.79, a 16.93% increase from a year earlier, with the FY2025 full-year figure at 0.73, up 10.52% from the prior year.
- Asset Utilization Ratio was 0.79 for Q3 2026 at Varex Imaging, up from 0.78 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.79 in Q3 2026 and troughed at 0.62 in Q2 2025.
- A 5-year average of 0.72 and a median of 0.73 in 2022 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio retreated 10.99% in 2024 and rose 27.43% in 2026, its largest moves.
- Over 5 years, Asset Utilization Ratio stood at 0.73 in 2022, then decreased by 3.81% to 0.7 in 2023, then dropped by 6.65% to 0.66 in 2024, then advanced by 17.78% to 0.77 in 2025, then climbed by 2.01% to 0.79 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.79 (Q3 2026), 0.78 (Q2 2026), and 0.77 (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.54 Bn | 27.44 Bn | 2.18 Bn | 0.57 |
| 2 | Lantheus Holdings | 6.56 Bn | 5.97 Bn | 241.86 Mn | 0.65 |
| 3 | Heartflow | 4.04 Bn | 3.66 Bn | 53.19 Mn | 0.58 |
| 4 | Neogen | 2.59 Bn | 2.41 Bn | 107.80 Mn | 0.26 |
| 5 | Butterfly Network | 1.96 Bn | 1.84 Bn | 23.29 Mn | 0.39 |
| 6 | Ceribell | 928.74 Mn | 799.48 Mn | 25.94 Mn | 0.59 |
| 7 | QuidelOrtho | 866.04 Mn | 742.64 Mn | - | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn | 0.79 |
| 9 | Prenetics Global | 339.99 Mn | 280.94 Mn | 30.20 Mn | 0.85 |
| 10 | CapsoVision | 318.60 Mn | 309.52 Mn | 1.87 Mn | 0.78 |
Historic Data
Download Data
Historic 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 |