Varex Imaging (VREX) Interest Coverage Ratio (2016 - 2026)

Varex Imaging's (VREX) quarterly Interest Coverage Ratio came in at 0.84 in Q2 2026, down 61.36% year-on-year from 2.17 in Q2 2025, and down 20.63% on a QoQ basis from 1.05 in Q1 2026.

Varex Imaging (VREX) Interest Coverage Ratio (2016 - 2026) Analysis & Trends

Varex Imaging (VREX) has 11 years of Interest Coverage Ratio data on file, last reported at 0.84 in Q2 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 61.36% year-over-year to 0.84 in Q2 2026; TTM through Apr 2026 was 0.68, a 149.37% decrease from a year earlier, with the FY2025 full-year figure at 0.78, down 282.24% from the prior year.
  • Interest Coverage Ratio for Q2 2026 stood at 0.84, down from 1.05 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for VREX reached as high as 4.58 in Q3 2023 and fell as low as 8.59 in Q3 2025.
  • Historically, Interest Coverage Ratio has averaged 1.34 across 5 years, with a median of 1.43 in 2024.
  • On a YoY basis, Interest Coverage Ratio climbed as much as 178.9% in 2025 and fell as far as 783.12% in 2025.
  • Year by year, Interest Coverage Ratio stood at 0.95 in 2022, then sank by 67.69% to 0.31 in 2023, then jumped by 367.83% to 1.43 in 2024, then surged by 178.9% to 4.0 in 2025, then slumped by 79.07% to 0.84 in 2026.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 0.84 in Q2 2026, 1.05 in Q1 2026, and 4.0 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 0.90
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 6.32
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 13.19
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.15
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 1.19
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 82.35
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -2.90
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 5.36
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Varex Imaging 450.24 Mn 375.84 Mn 72.60 Mn 0.84

Historic Data

Download Data
DateValue
Apr 3, 2026 0.84
Jan 2, 2026 1.05
Oct 3, 2025 4.00
Jul 4, 2025 -8.59
Apr 4, 2025 2.17
Jan 3, 2025 0.82
Sep 27, 2024 1.43
Jun 28, 2024 1.26
Mar 29, 2024 0.97
Dec 29, 2023 0.31
Sep 29, 2023 4.58
Jun 30, 2023 3.32
Mar 31, 2023 2.14
Dec 30, 2022 0.95
Sep 30, 2022 2.62
Jul 1, 2022 2.45
Apr 1, 2022 2.40
Dec 31, 2021 0.95
Oct 1, 2021 2.45
Jul 2, 2021 2.42