Varex Imaging (VREX) Debt Ratio (2017 - 2026)
Varex Imaging's (VREX) quarterly Debt Ratio came in at 0.33 in Q3 2026, down 3.4% year-over-year from 0.34 in Q3 2025, and down 1.21% quarter-over-quarter from 0.34 in Q2 2026.
Analysis
Varex Imaging (VREX) Debt Ratio (2017 - 2026) Analysis & Trends
Varex Imaging (VREX) has reported Debt Ratio for 10 consecutive years, with 0.33 the latest figure, recorded in Q3 2026.
- On a quarterly basis, Debt Ratio fell 3.4% year-over-year to 0.33 in Q3 2026; TTM through Jul 2026 was 0.33, a 3.4% decrease from a year earlier, with the FY2025 full-year figure at 0.33, down 17.42% from the prior year.
- Debt Ratio was 0.33 for Q3 2026 at Varex Imaging, down from 0.34 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.43 in Q1 2025 and troughed at 0.33 in Q3 2026.
- A 5-year average of 0.37 and a median of 0.36 in 2022 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio rose 19.22% in 2025 and declined 21.23% in 2026, its largest moves.
- Over 5 years, Debt Ratio stood at 0.38 in 2022, then dropped by 5.03% to 0.36 in 2023, then increased by 12.75% to 0.4 in 2024, then declined by 17.42% to 0.33 in 2025, then fell by 0.34% to 0.33 in 2026.
- The last three Debt Ratio figures came in at 0.33 (Q3 2026), 0.34 (Q2 2026), and 0.34 (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 28.97 Bn | 27.09 Bn | 2.18 Bn | 0.27 |
| 2 | Lantheus Holdings | 6.56 Bn | 5.97 Bn | 241.86 Mn | 0.24 |
| 3 | Heartflow | 4.40 Bn | 4.03 Bn | 53.19 Mn | - |
| 4 | Neogen | 2.83 Bn | 2.64 Bn | 107.80 Mn | 0.24 |
| 5 | Butterfly Network | 1.88 Bn | 1.75 Bn | 23.29 Mn | - |
| 6 | Ceribell | 931.50 Mn | 802.24 Mn | 25.94 Mn | 0.12 |
| 7 | Varex Imaging | 779.32 Mn | 694.02 Mn | 76.70 Mn | 0.33 |
| 8 | Anbio Biotechnology | 755.43 Mn | 743.53 Mn | - | - |
| 9 | QuidelOrtho | 725.35 Mn | 601.95 Mn | - | 0.51 |
| 10 | Prenetics Global | 339.92 Mn | 280.78 Mn | 30.20 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 0.33 |
| 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 | 0.39 |
| Mar 29, 2024 | 0.36 |
| 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 | 0.36 |
| Apr 1, 2022 | 0.36 |
| Dec 31, 2021 | 0.39 |
| Oct 1, 2021 | 0.38 |