Varex Imaging (VREX) Debt Ratio (2017 - 2026)
Varex Imaging's (VREX) Debt Ratio came in at 0.32 for fiscal Q3 2026 (quarter ended Jul 3, 2026), down 7.8% from 0.34 a year earlier and down 1.1% from the prior quarter.
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Analysis
Varex Imaging (VREX) Debt Ratio (2017 - 2026) Analysis & Trends
For FY2025 (ended Oct 3, 2025), Varex Imaging's Debt Ratio stood at 0.33, down 9.2% from FY2024.
- In prior fiscal years, Varex Imaging's Debt Ratio was 0.37 in FY2024 (+3.2%), 0.35 in FY2023 (+1.2%), 0.35 in FY2022 (-7.6%) and 0.38 in FY2021 (-5.2%).
- The fiscal Q3 2026 figure stands as the lowest quarterly Debt Ratio since fiscal Q2 2017.
- On a year-over-year basis, Debt Ratio has declined in each of the last five quarters, with an average decline of 3.1% over the last eight quarters.
- The strongest year-over-year quarter for Debt Ratio in the past five years was fiscal Q1 2025, with growth of 19.4%; the weakest was fiscal Q2 2026, with a decline of 23.6%.
- According to Business Quant data, Debt Ratio for the three prior fiscal quarters was 0.32 (Q2 2026), 0.33 (Q1 2026) and 0.33 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.99 Bn | 237.02 Bn | 4.88 Bn | 0.38 |
| 2 | Abbott Laboratories | 175.01 Bn | 145.44 Bn | 7.27 Bn | 0.30 |
| 3 | Danaher | 164.93 Bn | 148.74 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 151.84 Bn | 131.26 Bn | 1.96 Bn | - |
| 5 | Medtronic | 119.05 Bn | 84.30 Bn | 6.34 Bn | 0.30 |
| 6 | Stryker | 113.89 Bn | 100.00 Bn | 4.50 Bn | 0.31 |
| 7 | Boston Scientific | 65.37 Bn | 60.13 Bn | 3.85 Bn | 0.28 |
| 8 | Becton Dickinson | 53.36 Bn | 50.51 Bn | 2.32 Bn | 0.33 |
| 9 | Edwards Lifesciences | 50.83 Bn | 34.83 Bn | 1.35 Bn | 0.04 |
| 10 | Varex Imaging | 775.48 Mn | 307.28 Mn | 76.70 Mn | 0.32 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 0.32 |
| Apr 3, 2026 | 0.32 |
| Jan 2, 2026 | 0.33 |
| Oct 3, 2025 | 0.33 |
| Jul 4, 2025 | 0.34 |
| Apr 4, 2025 | 0.42 |
| Jan 3, 2025 | 0.43 |
| Sep 27, 2024 | 0.37 |
| Jun 28, 2024 | 0.35 |
| Mar 29, 2024 | 0.35 |
| Dec 29, 2023 | 0.36 |
| Sep 29, 2023 | 0.35 |
| Jun 30, 2023 | 0.37 |
| Mar 31, 2023 | 0.37 |
| Dec 30, 2022 | 0.38 |
| Sep 30, 2022 | 0.35 |
| Jul 1, 2022 | 0.35 |
| Apr 1, 2022 | 0.36 |
| Dec 31, 2021 | 0.38 |
| Oct 1, 2021 | 0.38 |
API Access
Varex Imaging Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=VREX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "VREX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=VREX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();