Varex Imaging (VREX) FCF Margin (2016 - 2026)
Varex Imaging (VREX) posted quarterly FCF Margin of 3.56% for Q2 2026, down 817.0% year-over-year from 0.5% in Q2 2025, and up 72.12% quarter-over-quarter from 12.79% in Q1 2026.
Varex Imaging (VREX) FCF Margin (2016 - 2026) Analysis & Trends
Varex Imaging (VREX) has reported FCF Margin for 11 consecutive years, with 3.56% the latest figure, recorded in Q2 2026.
- In Q2 2026, FCF Margin fell 817.0% year-over-year to 3.56%; the TTM figure through Apr 2026 stood at 3.59% (down 822.0% YoY), while the FY2025 annual figure was 2.23%, down 29.0% from the prior year.
- FCF Margin rose to 3.56% in Q2 2026 per VREX's latest filing, from 12.79% in the prior quarter.
- Across five years, FCF Margin topped out at 18.34% in Q3 2023 and bottomed at 12.79% in Q1 2026.
- Historically, FCF Margin has averaged 2.05% across 5 years, with a median of 1.0% in 2025.
- Annual changes were most pronounced in 2022 — FCF Margin slumped 1806 bps — and 2023, when it soared 1755 bps.
- Varex Imaging's FCF Margin stood at 4.47% in 2022, then jumped by 99 bps to 0.05% in 2023, then jumped 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.
- Business Quant data shows VREX's FCF Margin at 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 | 199.61 Bn | 194.01 Bn | 7.27 Bn | 15.81% |
| 2 | Stryker | 127.81 Bn | 124.34 Bn | 4.50 Bn | 16.07% |
| 3 | Medtronic | 119.04 Bn | 109.82 Bn | 6.41 Bn | 21.26% |
| 4 | Boston Scientific | 73.68 Bn | 73.14 Bn | 3.85 Bn | 23.50% |
| 5 | Edwards Lifesciences | 51.96 Bn | 47.71 Bn | 1.35 Bn | 33.60% |
| 6 | Dexcom | 34.36 Bn | 32.41 Bn | 830.00 Mn | 14.10% |
| 7 | GE HealthCare Technologies | 33.83 Bn | 31.72 Bn | 2.18 Bn | 1.28% |
| 8 | Koninklijke Philips | 26.36 Bn | 23.04 Bn | 4.55 Bn | 5.32% |
| 9 | Steris | 23.06 Bn | 22.58 Bn | 684.20 Mn | 18.73% |
| 10 | Varex Imaging | 776.96 Mn | 677.76 Mn | 76.70 Mn | 5.70% |
Historic Data
Download 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% |