Varex Imaging (VREX) Return on Capital Employed [ROCE] (2016 - 2026)
Varex Imaging (VREX) posted Return on Capital Employed [ROCE] of 7.96% for fiscal Q3 2026 (quarter ended Jul 3, 2026), up 11.47 percentage points from -3.51% a year earlier and up 11.44 percentage points from the prior quarter.
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Analysis
Varex Imaging (VREX) Return on Capital Employed [ROCE] (2016 - 2026) Analysis & Trends
For FY2025 (ended Oct 3, 2025), Varex Imaging's Return on Capital Employed [ROCE] came in at -2.86%, down 5.96 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has declined for three consecutive fiscal years, though with a five-year change of +0.77 percentage points (FY2020 to FY2025).
- In prior fiscal years, Varex Imaging's Return on Capital Employed [ROCE] was 3.10% in FY2024 (-4.21 pp), 7.31% in FY2023 (-1.57 pp), 8.88% in FY2022 (+1.30 pp) and 7.59% in FY2021 (+11.21 pp).
- The fiscal Q3 2026 figure stands as the highest quarterly Return on Capital Employed [ROCE] since fiscal Q1 2023.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in 1 of the last eight quarters, with an average year-over-year change of -3.05 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was fiscal Q1 2022, with a gain of 11.52 percentage points; the weakest was fiscal Q2 2026, with a drop of 8.03 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior fiscal quarters was -3.48% (Q2 2026), -2.51% (Q1 2026) and -3.08% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 8.30% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 7.98% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 6.42% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 18.58% |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 8.34% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 13.69% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 10.83% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 11.99% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 6.00% |
| 10 | Varex Imaging | 778.05 Mn | 323.75 Mn | 76.70 Mn | 7.96% |
Historic Data
Download Data
Historic 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% |
API Access
Varex Imaging Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=VREX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=VREX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();