Varex Imaging (VREX) Tax Rate (2016 - 2026)
Varex Imaging (VREX) posted quarterly Tax Rate of 25.0% for Q2 2026, down 5926.0% year-over-year from 0.43% in Q2 2025, and down 167.86% quarter-over-quarter from 36.84% in Q1 2026.
Varex Imaging (VREX) Tax Rate (2016 - 2026) Analysis & Trends
Varex Imaging (VREX) has reported Tax Rate for 11 consecutive years, with 25.0% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate fell 5926.0% year-over-year to 25.0%; the TTM figure through Apr 2026 stood at 9.85% (down 36588.0% YoY), while the FY2025 annual figure was 18.07%, down 108407.0% from the prior year.
- Tax Rate declined to 25.0% in Q2 2026 per VREX's latest filing, from 36.84% in the prior quarter.
- Across five years, Tax Rate topped out at 2140.0% in Q3 2024 and bottomed at 3020.0% in Q3 2023.
- Historically, Tax Rate has averaged 30.76% across 5 years, with a median of 34.26% in 2025.
- Annual changes were most pronounced in 2023 — Tax Rate sank 302638 bps — and 2024, when it jumped 516000 bps.
- Varex Imaging's Tax Rate stood at 40.74% in 2022, then declined by 18 bps to 33.33% in 2023, then jumped 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.
- Business Quant data shows VREX's Tax Rate at 25.0% in Q2 2026, 36.84% in Q1 2026, and 13.48% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.20 Bn | 194.60 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 129.69 Bn | 126.21 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 120.14 Bn | 110.92 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 74.16 Bn | 73.62 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 34.57 Bn | 32.62 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 34.09 Bn | 31.98 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.49 Bn | 23.17 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.19 Bn | 22.70 Bn | 684.20 Mn | 26.51% |
| 10 | Varex Imaging | 777.80 Mn | 678.60 Mn | 76.70 Mn | 1.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 1.85% |
| Jul 3, 2026 | 1.85% |
| Jul 3, 2026 | 1.85% |
| 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% |