Varex Imaging (VREX) FCF Margin (2016 - 2026)
Varex Imaging's (VREX) quarterly FCF Margin came in at 5.7% in Q3 2026, up 501.0% year-over-year from 0.95% in Q3 2025, and up 259.92% quarter-over-quarter from 3.56% in Q2 2026.
Analysis
Varex Imaging (VREX) FCF Margin (2016 - 2026) Analysis & Trends
Varex Imaging (VREX) has reported FCF Margin for 11 consecutive years, with 5.7% the latest figure, recorded in Q3 2026.
- On a quarterly basis, FCF Margin rose 501.0% year-over-year to 5.7% in Q3 2026; TTM through Jul 2026 was 2.34%, a 677.0% decrease from a year earlier, with the FY2025 full-year figure at 2.23%, down 29.0% from the prior year.
- FCF Margin was 5.7% for Q3 2026 at Varex Imaging, up from 3.56% in the prior quarter.
- Over five years, FCF Margin peaked at 18.34% in Q3 2023 and troughed at 12.79% in Q1 2026.
- A 5-year average of 2.25% and a median of 1.29% in 2024 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin tumbled 1806 bps in 2022 and surged 1755 bps in 2023, its largest moves.
- Over 5 years, FCF Margin stood at 4.47% in 2022, then surged by 99 bps to 0.05% in 2023, then surged by 18481 bps to 9.67% in 2024, then plunged by 90 bps to 1.0% in 2025, then jumped by 467 bps to 5.7% in 2026.
- The last three FCF Margin figures came in at 5.7% (Q3 2026), 3.56% (Q2 2026), and 12.79% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.54 Bn | 27.44 Bn | 2.18 Bn | 1.28% |
| 2 | Lantheus Holdings | 6.56 Bn | 5.97 Bn | 241.86 Mn | 23.15% |
| 3 | Heartflow | 4.04 Bn | 3.66 Bn | 53.19 Mn | - |
| 4 | Neogen | 2.59 Bn | 2.41 Bn | 107.80 Mn | 11.63% |
| 5 | Butterfly Network | 1.96 Bn | 1.84 Bn | 23.29 Mn | -52.87% |
| 6 | Ceribell | 928.74 Mn | 799.48 Mn | 25.94 Mn | -45.84% |
| 7 | QuidelOrtho | 866.04 Mn | 742.64 Mn | - | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn | 5.70% |
| 9 | Prenetics Global | 339.99 Mn | 280.94 Mn | 30.20 Mn | -44.43% |
| 10 | CapsoVision | 318.60 Mn | 309.52 Mn | 1.87 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 5.70% |
| 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% |