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| Date | Value |
|---|---|
| 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% |