Varex Imaging (VREX) Interest Coverage Ratio (2016 - 2026)
Varex Imaging's (VREX) Interest Coverage Ratio stood at 3.93 in fiscal Q3 2026 (quarter ended Jul 3, 2026), compared with -8.59 a year earlier and up 369.5% from the prior quarter.
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Analysis
Varex Imaging (VREX) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
On a TTM basis, Varex Imaging's Interest Coverage Ratio came in at 1.86 as of Jul 3, 2026; for FY2025 (ended Oct 3, 2025), it came in at -0.78.
- Across earlier fiscal years, Interest Coverage Ratio came in at 1.06 in FY2024 (-59.6%), 2.63 in FY2023 (+18.7%), 2.22 in FY2022 (+25.9%) and 1.76 in FY2021.
- The fiscal Q3 2026 figure is the highest quarterly Interest Coverage Ratio since fiscal Q4 2017.
- On a year-over-year basis, Interest Coverage Ratio rose in four of the last six quarters, with growth averaging 43.2%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 143.3% in fiscal Q1 2025, against a decline of 66.8% in fiscal Q1 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.84 (Q2 2026), 1.95 (Q1 2026) and 2.48 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 5.20 |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 4.82 |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 10.53 |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 9.48 |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 11.77 |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 12.27 |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | - |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 5.02 |
| 10 | Varex Imaging | 777.63 Mn | 323.33 Mn | 76.70 Mn | 3.93 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 3.93 |
| 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 |
API Access
Varex Imaging Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=VREX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "VREX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=VREX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();