Varex Imaging (VREX) Return on Capital Employed (2016 - 2026)
Varex Imaging (VREX) posted quarterly Return on Capital Employed of 3.48% for Q2 2026, down 803.0% year-over-year from 0.5% in Q2 2025, and down 38.72% quarter-over-quarter from 2.51% in Q1 2026.
Varex Imaging (VREX) Return on Capital Employed (2016 - 2026) Analysis & Trends
Varex Imaging (VREX) has reported Return on Capital Employed for 11 consecutive years, with 3.48% the latest figure, recorded in Q2 2026.
- In Q2 2026, Return on Capital Employed fell 803.0% year-over-year to 3.48%; the TTM figure through Apr 2026 stood at 3.48% (down 803.0% YoY), while the FY2025 annual figure was 2.86%, down 596.0% from the prior year.
- Return on Capital Employed fell to 3.48% in Q2 2026 per VREX's latest filing, from 2.51% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 9.53% in Q2 2022 and bottomed at 3.51% in Q3 2025.
- Historically, Return on Capital Employed has averaged 4.28% across 5 years, with a median of 5.53% in 2024.
- Annual changes were most pronounced in 2022 — Return on Capital Employed soared 1133 bps — and 2026, when it slumped 803 bps.
- Varex Imaging's Return on Capital Employed stood at 8.51% in 2022, then fell by 27 bps to 6.23% in 2023, then slumped by 50 bps to 3.09% in 2024, then slumped by 199 bps to 3.08% in 2025, then declined by 13 bps to 3.48% in 2026.
- Business Quant data shows VREX's Return on Capital Employed at 3.48% in Q2 2026, 2.51% in Q1 2026, and 3.08% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.51 Bn | 194.91 Bn | 7.27 Bn | 7.98% |
| 2 | Stryker | 129.96 Bn | 126.48 Bn | 4.50 Bn | 13.69% |
| 3 | Medtronic | 120.18 Bn | 110.96 Bn | 6.41 Bn | 8.02% |
| 4 | Boston Scientific | 74.28 Bn | 73.74 Bn | 3.85 Bn | 10.83% |
| 5 | Edwards Lifesciences | 52.75 Bn | 48.50 Bn | 1.35 Bn | 11.99% |
| 6 | Dexcom | 34.67 Bn | 32.73 Bn | 830.00 Mn | 27.21% |
| 7 | GE HealthCare Technologies | 34.23 Bn | 32.12 Bn | 2.18 Bn | 9.47% |
| 8 | Koninklijke Philips | 26.46 Bn | 23.14 Bn | 4.55 Bn | 12.84% |
| 9 | Steris | 23.30 Bn | 22.82 Bn | 684.20 Mn | 12.08% |
| 10 | Varex Imaging | 777.17 Mn | 677.97 Mn | 76.70 Mn | 7.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 7.96% |
| Apr 3, 2026 | -3.48% |
| Jan 2, 2026 | -2.51% |
| Oct 3, 2025 | -3.08% |
| Jul 4, 2025 | -3.51% |
| Apr 4, 2025 | 4.55% |
| Jan 3, 2025 | 3.48% |
| Sep 27, 2024 | 3.09% |
| Jun 28, 2024 | 4.30% |
| Mar 29, 2024 | 5.53% |
| Dec 29, 2023 | 6.23% |
| Sep 29, 2023 | 7.22% |
| Jun 30, 2023 | 7.42% |
| Mar 31, 2023 | 7.41% |
| Dec 30, 2022 | 8.51% |
| Sep 30, 2022 | 8.81% |
| Jul 1, 2022 | 9.19% |
| Apr 1, 2022 | 9.53% |
| Dec 31, 2021 | 8.25% |
| Oct 1, 2021 | 7.50% |