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| Date | Value |
|---|---|
| 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 |