Varex Imaging (VREX) Debt Ratio (2017 - 2026)
Varex Imaging's (VREX) quarterly Debt Ratio came in at 0.34 in Q2 2026, down 19.54% year-on-year from 0.42 in Q2 2025, and little changed on a QoQ basis from 0.34 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 0.34 in Q2 2026.
- On a quarterly basis, Debt Ratio fell 19.54% year-over-year to 0.34 in Q2 2026; TTM through Apr 2026 was 0.34, a 19.54% decrease from a year earlier, with the FY2025 full-year figure at 0.33, down 17.76% from the prior year.
- Debt Ratio for Q2 2026 stood at 0.34, roughly flat from 0.34 in the prior quarter.
- Over the last five years, Debt Ratio for VREX reached as high as 0.43 in Q1 2025 and fell as low as 0.33 in Q4 2025.
- Historically, Debt Ratio has averaged 0.36 across 5 years, with a median of 0.36 in 2023.
- Across the five-year window, Debt Ratio grew 19.65% in 2025 and dropped 21.23% in 2026, its largest moves.
- Year by year, Debt Ratio stood at 0.38 in 2022, then dropped by 4.92% to 0.36 in 2023, then grew by 13.16% to 0.4 in 2024, then decreased by 17.76% to 0.33 in 2025, then climbed by 1.29% to 0.34 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.34 in Q2 2026, 0.34 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 | 182.39 Bn | 175.10 Bn | 6.27 Bn | 0.31 |
| 2 | Stryker | 128.75 Bn | 125.87 Bn | 3.81 Bn | 0.32 |
| 3 | Medtronic | 108.59 Bn | 99.37 Bn | 6.41 Bn | 0.30 |
| 4 | Boston Scientific | 68.22 Bn | 66.77 Bn | 3.61 Bn | 0.25 |
| 5 | Edwards Lifesciences | 47.59 Bn | 43.92 Bn | 1.29 Bn | 0.04 |
| 6 | Dexcom | 28.58 Bn | 27.46 Bn | 750.30 Mn | - |
| 7 | GE HealthCare Technologies | 28.48 Bn | 26.20 Bn | 1.98 Bn | 0.27 |
| 8 | Smith & Nephew | 26.96 Bn | 26.39 Bn | - | 0.30 |
| 9 | Koninklijke Philips | 25.47 Bn | 22.34 Bn | 2.07 Bn | 0.30 |
| 10 | Varex Imaging | 473.76 Mn | 385.46 Mn | 72.60 Mn | 0.34 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 0.34 |
| Jan 2, 2026 | 0.34 |
| Oct 3, 2025 | 0.33 |
| Jul 4, 2025 | 0.34 |
| Apr 4, 2025 | 0.42 |
| Jan 3, 2025 | 0.43 |
| Sep 27, 2024 | 0.40 |
| Jun 28, 2024 | 0.35 |
| Mar 29, 2024 | 0.35 |
| Dec 29, 2023 | 0.36 |
| Sep 29, 2023 | 0.36 |
| 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 |