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
DateValue
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