Varex Imaging (VREX) Interest Coverage Ratio (2016 - 2026)
Varex Imaging (VREX) reported Interest Coverage Ratio of 0.84 for Q2 2026, down 61.36% year-over-year from 2.17 in Q2 2025, and down 57.05% on a QoQ basis from 1.95 in Q1 2026.
Varex Imaging (VREX) has 11 years of Interest Coverage Ratio data on file, last reported at 0.84 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 61.36% year-over-year to 0.84 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.74 (down 145.81% YoY) and the FY2025 annual result came in at 0.78, down 173.67% from the prior year.
- Interest Coverage Ratio fell to 0.84 in Q2 2026 per VREX's latest filing, from 1.95 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 3.38 in Q3 2023 and bottomed at 8.59 in Q3 2025.
- The 5-year median for Interest Coverage Ratio is 1.95 (2026), against an average of 1.32.
- Peak annual rise in Interest Coverage Ratio reached 143.33% in 2025, while the deepest fall reached 783.12% in 2025.
- Tracing VREX's Interest Coverage Ratio over 5 years: stood at 1.73 in 2022, then tumbled by 66.81% to 0.58 in 2023, then jumped by 149.28% to 1.43 in 2024, then jumped by 72.99% to 2.48 in 2025, then tumbled by 66.26% to 0.84 in 2026.
- Per Business Quant, the three latest VREX Interest Coverage Ratio figures stand at 0.84 (Q2 2026), 1.95 (Q1 2026), and 2.48 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 7.73 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 6.32 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 8.09 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 12.23 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -2.90 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 5.36 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 20.98 |
| 10 | Varex Imaging | 419.42 Mn | 345.02 Mn | 72.60 Mn | 0.84 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 0.84 |
| Jan 2, 2026 | 1.95 |
| Oct 3, 2025 | 2.48 |
| Jul 4, 2025 | -8.59 |
| Apr 4, 2025 | 2.17 |
| Jan 3, 2025 | 1.40 |
| Sep 27, 2024 | 1.43 |
| Jun 28, 2024 | 1.26 |
| Mar 29, 2024 | 0.97 |
| Dec 29, 2023 | 0.58 |
| Sep 29, 2023 | 3.38 |
| Jun 30, 2023 | 3.32 |
| Mar 31, 2023 | 2.14 |
| Dec 30, 2022 | 1.73 |
| Sep 30, 2022 | 2.62 |
| Jul 1, 2022 | 2.45 |
| Apr 1, 2022 | 2.40 |
| Dec 31, 2021 | 1.41 |
| Oct 1, 2021 | 2.45 |
| Jul 2, 2021 | 2.42 |
| Apr 2, 2021 | 1.52 |
| Jan 1, 2021 | 0.59 |
| Oct 2, 2020 | -0.89 |
| Jul 3, 2020 | -3.88 |
| Apr 3, 2020 | 0.30 |
| Jan 3, 2020 | 0.85 |
| Sep 27, 2019 | 3.00 |
| Jun 28, 2019 | 0.90 |
| Mar 29, 2019 | 2.64 |
| Dec 28, 2018 | 2.04 |
| Sep 28, 2018 | 1.23 |
| Jun 29, 2018 | 1.35 |
| Mar 30, 2018 | 3.07 |
| Dec 29, 2017 | 2.47 |
| Sep 29, 2017 | 4.09 |
| Jun 30, 2017 | 3.69 |
| Mar 31, 2017 | 23.50 |
| Dec 30, 2016 | 31.00 |
| Sep 30, 2016 | 55.00 |
| Jul 1, 2016 | 71.00 |
| Apr 1, 2016 | 50.40 |
| Jan 1, 2016 | 75.33 |