Growth Metrics

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% on a QoQ basis from 0.33 in Q1 2026.

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

  • Quarterly Debt Ratio fell 23.63% year-over-year to 0.32 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.32 (down 23.63% YoY) and the FY2025 annual result came in at 0.33, down 9.17% from the prior year.
  • Debt Ratio retreated to 0.32 in Q2 2026 per VREX's latest filing, from 0.33 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.43 in Q1 2025 and bottomed at 0.32 in Q2 2026.
  • The 5-year median for Debt Ratio is 0.35 (2022), against an average of 0.36.
  • The widest annual swing landed in 2025, when Debt Ratio grew 19.35%; it then slipped 23.63% in 2026.
  • Tracing VREX's Debt Ratio over 5 years: stood at 0.38 in 2022, then declined by 4.92% to 0.36 in 2023, then increased by 2.46% to 0.37 in 2024, then slipped by 9.17% to 0.33 in 2025, then dropped by 3.85% to 0.32 in 2026.
  • Per Business Quant, the three latest VREX Debt Ratio figures stand at 0.32 (Q2 2026), 0.33 (Q1 2026), and 0.33 (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 0.31
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 0.32
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 0.31
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 0.25
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 0.04
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 0.25
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn -
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 0.27
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 0.18
10 Varex Imaging 419.42 Mn 345.02 Mn 72.60 Mn 0.32

Historic Data

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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
Apr 2, 2021 0.41
Jan 1, 2021 0.40
Oct 2, 2020 0.40
Jul 3, 2020 0.37
Apr 3, 2020 0.35
Jan 3, 2020 0.36
Sep 27, 2019 0.38
Jun 28, 2019 0.39
Mar 29, 2019 0.36
Dec 28, 2018 0.38
Sep 28, 2018 0.39
Jun 29, 2018 0.41
Mar 30, 2018 0.42
Dec 29, 2017 0.45
Sep 29, 2017 0.47
Jun 30, 2017 0.48
Mar 31, 2017 0.29