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| Date | Value |
|---|---|
| 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% |