Varex Imaging (VREX) Tax Rate (2016 - 2026)
Varex Imaging's Tax Rate came in at 1.85% for fiscal Q3 2026 (quarter ended Jul 3, 2026), up 4.74 percentage points from -2.89% a year earlier and up 26.85 percentage points from the prior quarter.
Varex Imaging (VREX) Tax Rate (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 3, 2026, Varex Imaging reported Tax Rate of 18.77%, up 106.77 percentage points year-over-year; for FY2025 (ended Oct 3, 2025), it came in at -18.07%, down 1084.07 percentage points from FY2024.
- Tax Rate carries a five-year change of -39.01 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Tax Rate was 1066.00% in FY2024 (+1119.04 pp), -53.04% in FY2023 (-83.82 pp), 30.79% in FY2022 (-6.63 pp) and 37.41% in FY2021 (+16.48 pp).
- The five-year range for quarterly Tax Rate is -3020.00% (fiscal Q4 2023) to 2140.00% (fiscal Q4 2024).
- Year-over-year, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +383.86 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q4 2024 (a gain of 5160.00 percentage points), and the weakest in fiscal Q4 2023 (a drop of 3026.38 percentage points).
- Business Quant data shows VREX's Tax Rate at -25.00% (Q2 2026), 36.84% (Q1 2026) and 13.48% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 14.62% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 53.56% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 18.41% |
| 10 | Varex Imaging | 777.63 Mn | 323.33 Mn | 76.70 Mn | 1.85% |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 1.85% |
| Jan 2, 2026 | 36.84% |
| Oct 3, 2025 | 13.48% |
| Apr 4, 2025 | 34.26% |
| Jan 3, 2025 | 104.00% |
| Sep 27, 2024 | 2,140.00% |
| Mar 29, 2024 | 30.43% |
| Jun 30, 2023 | 46.20% |
| Mar 31, 2023 | 44.87% |
| Dec 30, 2022 | 40.74% |
| Sep 30, 2022 | 6.38% |
| Jul 1, 2022 | 37.78% |
| Apr 1, 2022 | 44.12% |
| Dec 31, 2021 | 51.52% |
| Oct 1, 2021 | 40.54% |
| Jul 2, 2021 | 20.26% |
| Sep 27, 2019 | 19.61% |
| Mar 29, 2019 | 24.36% |
| Dec 28, 2018 | 26.83% |
| Mar 30, 2018 | 21.66% |
Varex Imaging Tax Rate 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=tax-rate&ticker=VREX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=VREX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();