Varex Imaging (VREX) FCF Margin (2016 - 2026)

Varex Imaging's (VREX) quarterly FCF Margin came in at 3.56% in Q2 2026, down 817.0% year-on-year from 0.5% in Q2 2025, and up 72.12% on a QoQ basis from 12.79% in Q1 2026.

Varex Imaging (VREX) FCF Margin (2016 - 2026) Analysis & Trends

Varex Imaging (VREX) has 11 years of FCF Margin data on file, last reported at 3.56% in Q2 2026.

  • On a quarterly basis, FCF Margin fell 817.0% year-over-year to 3.56% in Q2 2026; TTM through Apr 2026 was 3.59%, a 822.0% decrease from a year earlier, with the FY2025 full-year figure at 2.23%, down 29.0% from the prior year.
  • FCF Margin for Q2 2026 stood at 3.56%, up from 12.79% in the prior quarter.
  • Over the last five years, FCF Margin for VREX reached as high as 18.34% in Q3 2023 and fell as low as 12.79% in Q1 2026.
  • Historically, FCF Margin has averaged 2.05% across 5 years, with a median of 1.0% in 2025.
  • Across the five-year window, FCF Margin plunged 1806 bps in 2022 and jumped 1755 bps in 2023, its largest moves.
  • Year by year, FCF Margin stood at 4.47% in 2022, then soared by 99 bps to 0.05% in 2023, then soared by 18481 bps to 9.67% in 2024, then plunged by 90 bps to 1.0% in 2025, then sank by 455 bps to 3.56% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 3.56% in Q2 2026, 12.79% in Q1 2026, and 1.0% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Abbott Laboratories 184.15 Bn 176.85 Bn 6.27 Bn 8.20%
2 Stryker 128.85 Bn 125.98 Bn 3.81 Bn 6.89%
3 Medtronic 108.75 Bn 99.53 Bn 6.41 Bn 21.26%
4 Boston Scientific 68.66 Bn 67.21 Bn 3.61 Bn 3.29%
5 Edwards Lifesciences 48.24 Bn 44.57 Bn 1.29 Bn -1.28%
6 Dexcom 28.42 Bn 27.30 Bn 750.30 Mn 37.67%
7 GE HealthCare Technologies 28.32 Bn 26.03 Bn 1.98 Bn 2.18%
8 Smith & Nephew 26.93 Bn 26.35 Bn - -
9 Koninklijke Philips 25.31 Bn 22.18 Bn 2.07 Bn 6.68%
10 Varex Imaging 461.16 Mn 372.86 Mn 72.60 Mn -3.56%

Historic Data

Download Data
DateValue
Apr 3, 2026 -3.56%
Jan 2, 2026 -12.79%
Oct 3, 2025 1.00%
Jul 4, 2025 0.69%
Apr 4, 2025 4.60%
Jan 3, 2025 2.65%
Sep 27, 2024 9.67%
Jun 28, 2024 1.58%
Mar 29, 2024 -1.31%
Dec 29, 2023 -0.05%
Sep 29, 2023 18.34%
Jun 30, 2023 14.43%
Mar 31, 2023 9.51%
Dec 30, 2022 -4.47%
Sep 30, 2022 3.15%
Jul 1, 2022 -3.12%
Apr 1, 2022 -5.45%
Dec 31, 2021 3.37%
Oct 1, 2021 21.21%
Jul 2, 2021 8.24%