Varex Imaging (VREX) Invested Capital (2016 - 2026)
Varex Imaging (VREX) reported Invested Capital of $857.6 million for fiscal Q3 2026 (quarter ended Jul 3, 2026), up 2.5% from $837 million a year earlier and up 2.6% from the prior quarter.
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Analysis
Varex Imaging (VREX) Invested Capital (2016 - 2026) Analysis & Trends
For FY2025 (ended Oct 3, 2025), Varex Imaging posted Invested Capital of $854.1 million, down 13.4% from FY2024.
- Invested Capital has a five-year compound annual growth rate of -1.5% (FY2020 to FY2025).
- By fiscal year, Invested Capital came in at $986.6 million in FY2024 (-3.2%), $1.02 billion in FY2023 (+6.4%), $957 million in FY2022 (+2.8%) and $931 million in FY2021 (+1.1%).
- Five-year quarterly Invested Capital spans a low of $835.7 million in fiscal Q2 2026 and a high of $1.13 billion in fiscal Q2 2025.
- Year over year, Invested Capital gained in three of the last eight quarters, with an average decline of 8.0%.
- The high point for year-over-year Invested Capital in five years was fiscal Q2 2025 (growth of 9.4%); the low point was fiscal Q2 2026 (a decline of 25.7%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $835.7 million (Q2 2026), $858.4 million (Q1 2026) and $854.1 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 95.24 Bn |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 84.37 Bn |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 79.15 Bn |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 79.00 Bn |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 38.93 Bn |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 37.80 Bn |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 11.32 Bn |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 41.22 Bn |
| 10 | Varex Imaging | 778.05 Mn | 323.75 Mn | 76.70 Mn | 857.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 857.60 Mn |
| Apr 3, 2026 | 835.70 Mn |
| Jan 2, 2026 | 858.40 Mn |
| Oct 3, 2025 | 854.10 Mn |
| Jul 4, 2025 | 837.00 Mn |
| Apr 4, 2025 | 1.13 Bn |
| Jan 3, 2025 | 1.12 Bn |
| Sep 27, 2024 | 986.60 Mn |
| Jun 28, 2024 | 1.03 Bn |
| Mar 29, 2024 | 1.03 Bn |
| Dec 29, 2023 | 1.03 Bn |
| Sep 29, 2023 | 1.02 Bn |
| Jun 30, 2023 | 987.80 Mn |
| Mar 31, 2023 | 975.90 Mn |
| Dec 30, 2022 | 967.90 Mn |
| Sep 30, 2022 | 957.00 Mn |
| Jul 1, 2022 | 940.70 Mn |
| Apr 1, 2022 | 925.40 Mn |
| Dec 31, 2021 | 942.60 Mn |
| Oct 1, 2021 | 931.00 Mn |
API Access
Varex Imaging Invested Capital 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=invested-capital&ticker=VREX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=VREX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();