Varex Imaging (VREX) Tax Rate (2016 - 2026)

Varex Imaging's (VREX) quarterly Tax Rate came in at 25.0% in Q2 2026, down 5926.0% year-on-year from 0.43% in Q2 2025, and down 167.86% on a QoQ basis from 36.84% in Q1 2026.

Varex Imaging (VREX) Tax Rate (2016 - 2026) Analysis & Trends

Varex Imaging (VREX) has 11 years of Tax Rate data on file, last reported at 25.0% in Q2 2026.

  • On a quarterly basis, Tax Rate fell 5926.0% year-over-year to 25.0% in Q2 2026; TTM through Apr 2026 was 9.85%, a 36588.0% decrease from a year earlier, with the FY2025 full-year figure at 18.07%, down 108407.0% from the prior year.
  • Tax Rate for Q2 2026 stood at 25.0%, down from 36.84% in the prior quarter.
  • Over the last five years, Tax Rate for VREX reached as high as 2140.0% in Q3 2024 and fell as low as 3020.0% in Q3 2023.
  • Historically, Tax Rate has averaged 30.76% across 5 years, with a median of 34.26% in 2025.
  • Across the five-year window, Tax Rate tumbled 302638 bps in 2023 and surged 516000 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 40.74% in 2022, then retreated by 18 bps to 33.33% in 2023, then soared by 6320 bps to 2140.0% in 2024, then tumbled by 99 bps to 13.48% in 2025, then plunged by 286 bps to 25.0% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 25.0% in Q2 2026, 36.84% in Q1 2026, and 13.48% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 25.67%
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 12.35%
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 31.35%
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn -15.15%
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 17.06%
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 25.97%
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -23.16%
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 18.61%
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Varex Imaging 450.24 Mn 375.84 Mn 72.60 Mn -25.00%

Historic Data

Download Data
DateValue
Apr 3, 2026 -25.00%
Apr 3, 2026 -25.00%
Apr 3, 2026 -25.00%
Jan 2, 2026 36.84%
Jan 2, 2026 36.84%
Jan 2, 2026 36.84%
Oct 3, 2025 13.48%
Oct 3, 2025 13.48%
Oct 3, 2025 13.48%
Jul 4, 2025 -2.89%
Jul 4, 2025 -2.89%
Jul 4, 2025 -2.89%
Apr 4, 2025 34.26%
Apr 4, 2025 34.26%
Apr 4, 2025 34.26%
Jan 3, 2025 104.00%
Jan 3, 2025 104.00%
Jan 3, 2025 104.00%
Sep 27, 2024 2,140.00%
Sep 27, 2024 2,140.00%