Varex Imaging (VREX) EBT Margin (2016 - 2026)
Varex Imaging (VREX) posted EBT Margin of 7.70% for fiscal Q3 2026 (quarter ended Jul 3, 2026), up 50.36 percentage points from -42.66% a year earlier and up 10.66 percentage points from the prior quarter.
Varex Imaging (VREX) EBT Margin (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jul 3, 2026, EBT Margin at Varex Imaging was 3.20%, up 11.82 percentage points year-over-year; for FY2025 (ended Oct 3, 2025), it was -7.01%, down 7.63 percentage points from FY2024.
- Annual EBT Margin has declined for three consecutive fiscal years, though with a five-year change of +2.82 percentage points (FY2020 to FY2025).
- In prior fiscal years, Varex Imaging's EBT Margin was 0.62% in FY2024 (-2.89 pp), 3.50% in FY2023 (-1.67 pp), 5.18% in FY2022 (+1.68 pp) and 3.50% in FY2021 (+13.33 pp).
- The fiscal Q3 2026 figure stands as the highest quarterly EBT Margin since fiscal Q2 2018.
- On a year-over-year basis, EBT Margin increased in six of the last eight quarters, with an average year-over-year change of +1.39 percentage points.
- The strongest year-over-year quarter for EBT Margin in the past five years was fiscal Q3 2026, with a gain of 50.36 percentage points; the weakest was fiscal Q3 2025, with a drop of 43.04 percentage points.
- According to Business Quant data, EBT Margin for the three prior fiscal quarters was -2.96% (Q2 2026), 1.81% (Q1 2026) and 6.16% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 16.04% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 12.10% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 17.21% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 36.46% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 18.13% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 23.74% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 19.48% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 11.12% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 29.86% |
| 10 | Varex Imaging | 778.05 Mn | 323.75 Mn | 76.70 Mn | 7.70% |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 7.70% |
| Apr 3, 2026 | -2.96% |
| Jan 2, 2026 | 1.81% |
| Oct 3, 2025 | 6.16% |
| Jul 4, 2025 | -42.66% |
| Apr 4, 2025 | 5.07% |
| Jan 3, 2025 | 1.25% |
| Sep 27, 2024 | 1.22% |
| Jun 28, 2024 | 0.38% |
| Mar 29, 2024 | 1.12% |
| Dec 29, 2023 | -0.32% |
| Sep 29, 2023 | 0.44% |
| Jun 30, 2023 | 7.36% |
| Mar 31, 2023 | 3.42% |
| Dec 30, 2022 | 2.63% |
| Sep 30, 2022 | 6.09% |
| Jul 1, 2022 | 6.29% |
| Apr 1, 2022 | 6.33% |
| Dec 31, 2021 | 1.66% |
| Oct 1, 2021 | 6.54% |
Varex Imaging EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=VREX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "VREX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=VREX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();