Varex Imaging (VREX) Debt Ratio (2017 - 2026)

Varex Imaging (VREX) reported Debt Ratio of 0.32 for Q2 2026, down 23.63% year-over-year from 0.42 in Q2 2025, and down 4.69% quarter-over-quarter from 0.33 in Q1 2026.

Varex Imaging (VREX) Debt Ratio (2017 - 2026) Analysis & Trends

Varex Imaging (VREX) has 10 years of Debt Ratio data on file, last reported at 0.32 in Q2 2026.

  • Debt Ratio for Q2 2026 came in at 0.32, down 23.63% year-over-year; the trailing twelve-month figure through Apr 2026 was 0.32 (down 23.63% YoY), and the FY2025 annual result was 0.33, down 9.17% from the prior year.
  • Debt Ratio fell to 0.32 in Q2 2026 per VREX's latest filing, from 0.33 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.43 in Q1 2025 and troughed at 0.32 in Q2 2026.
  • A 5-year average of 0.36 and a median of 0.35 in 2022 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2025 and 2026: Debt Ratio rose 19.35% in 2025, then declined 23.63% in 2026.
  • A 5-year view of Debt Ratio shows it stood at 0.38 in 2022, then retreated by 4.92% to 0.36 in 2023, then gained by 2.46% to 0.37 in 2024, then declined by 9.17% to 0.33 in 2025, then fell by 3.85% to 0.32 in 2026.
  • Business Quant data shows VREX's Debt Ratio at 0.32 in Q2 2026, 0.33 in Q1 2026, and 0.33 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 0.31
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 0.32
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 0.31
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 0.25
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 0.04
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 0.30
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn -
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 0.27
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 0.18
10 Varex Imaging 441.84 Mn 367.44 Mn 72.60 Mn 0.32

Historic Data

Download Data
DateValue
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
Jul 2, 2021 0.40