Varex Imaging (VREX) EBIT Margin (2016 - 2026)
Varex Imaging's (VREX) quarterly EBIT Margin came in at 6.67% in Q2 2026, down 371.0% year-on-year from 2.46% in Q2 2025, and down 9.26% on a QoQ basis from 7.35% in Q1 2026.
Varex Imaging (VREX) EBIT Margin (2016 - 2026) Analysis & Trends
Varex Imaging (VREX) has 11 years of EBIT Margin data on file, last reported at 6.67% in Q2 2026.
- On a quarterly basis, EBIT Margin fell 371.0% year-over-year to 6.67% in Q2 2026; TTM through Apr 2026 was 3.65%, a 1012.0% decrease from a year earlier, with the FY2025 full-year figure at 3.29%, down 725.0% from the prior year.
- EBIT Margin for Q2 2026 stood at 6.67%, down from 7.35% in the prior quarter.
- Over the last five years, EBIT Margin for VREX reached as high as 12.39% in Q2 2022 and fell as low as 39.75% in Q3 2025.
- Historically, EBIT Margin has averaged 4.85% across 5 years, with a median of 6.84% in 2023.
- On a YoY basis, EBIT Margin climbed as much as 665 bps in 2025 and fell as far as 4420 bps in 2025.
- Year by year, EBIT Margin stood at 6.32% in 2022, then sank by 65 bps to 2.21% in 2023, then soared by 140 bps to 5.3% in 2024, then jumped by 62 bps to 8.56% in 2025, then retreated by 22 bps to 6.67% in 2026.
- Per Business Quant data, the three most recent EBIT Margin figures were 6.67% in Q2 2026, 7.35% in Q1 2026, and 8.56% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 12.05% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 15.55% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 19.10% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 21.16% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 28.97% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 21.42% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 6.17% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 10.04% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Varex Imaging | 450.24 Mn | 375.84 Mn | 72.60 Mn | 6.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 6.67% |
| Jan 2, 2026 | 7.35% |
| Oct 3, 2025 | 8.56% |
| Jul 4, 2025 | -39.75% |
| Apr 4, 2025 | 10.38% |
| Jan 3, 2025 | 5.61% |
| Sep 27, 2024 | 5.30% |
| Jun 28, 2024 | 4.45% |
| Mar 29, 2024 | 3.73% |
| Dec 29, 2023 | 2.21% |
| Sep 29, 2023 | 10.69% |
| Jun 30, 2023 | 10.42% |
| Mar 31, 2023 | 6.84% |
| Dec 30, 2022 | 6.32% |
| Sep 30, 2022 | 10.63% |
| Jul 1, 2022 | 10.72% |
| Apr 1, 2022 | 12.39% |
| Dec 31, 2021 | 7.04% |
| Oct 1, 2021 | 11.71% |
| Jul 2, 2021 | 12.17% |