Varex Imaging (VREX) Interest Coverage Ratio (2016 - 2026)
Varex Imaging (VREX) posted quarterly Interest Coverage Ratio of 0.84 for Q2 2026, down 61.36% year-over-year from 2.17 in Q2 2025, and down 20.63% quarter-over-quarter from 1.05 in Q1 2026.
Varex Imaging (VREX) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
Varex Imaging (VREX) has reported Interest Coverage Ratio for 11 consecutive years, with 0.84 the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Coverage Ratio fell 61.36% year-over-year to 0.84; the TTM figure through Apr 2026 stood at 0.75 (down 147.33% YoY), while the FY2025 annual figure was 0.78, down 282.24% from the prior year.
- Interest Coverage Ratio slipped to 0.84 in Q2 2026 per VREX's latest filing, from 1.05 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 28.0 in Q4 2025 and bottomed at 8.59 in Q3 2025.
- Historically, Interest Coverage Ratio has averaged 2.84 across 5 years, with a median of 2.14 in 2023.
- On a YoY basis, Interest Coverage Ratio climbed as much as 567.89% in 2025 and fell as far as 783.12% in 2025.
- Varex Imaging's Interest Coverage Ratio stood at 0.95 in 2022, then sank by 67.69% to 0.31 in 2023, then soared by 1267.49% to 4.19 in 2024, then jumped by 567.89% to 28.0 in 2025, then sank by 97.01% to 0.84 in 2026.
- Business Quant data shows VREX's Interest Coverage Ratio at 0.84 in Q2 2026, 1.05 in Q1 2026, and 28.0 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn | 4.82 |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 11.77 |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 10.64 |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 12.27 |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | - |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | - |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 6.48 |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | -8.96 |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 18.09 |
| 10 | Varex Imaging | 778.22 Mn | 679.02 Mn | 76.70 Mn | 3.93 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 3.93 |
| Apr 3, 2026 | 0.84 |
| Jan 2, 2026 | 1.05 |
| Oct 3, 2025 | 28.00 |
| Jul 4, 2025 | -8.59 |
| Apr 4, 2025 | 2.17 |
| Jan 3, 2025 | 0.82 |
| Sep 27, 2024 | 4.19 |
| Jun 28, 2024 | 1.26 |
| Mar 29, 2024 | 0.97 |
| Dec 29, 2023 | 0.31 |
| Sep 29, 2023 | 3.38 |
| 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 | -2.73 |