Varex Imaging Corporation

Varex Imaging Corporation

VREX
Varex Imaging CorporationUS flagNASDAQ Global Select
18.51
USD
-0.01
- -
779.27MMarket Cap
Varex Imaging Corporation
VREX
(NASDAQ Global Select)

Recent

price

18.51

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
17.53
17.94
16.55
16.23
18.57
20.41
20.43
19.03
20.82
21.59
22.17
19.88
20.4
20.66
Revenue per Share
2.87
2.88
2.09
1.79
1.37
0.73
0.41
-1.49
0.44
0.76
1.18
-1.2
-1.7
0.53
Basic EPS, GAAP
2.17
2.5
1.33
1.19
1.46
1.71
1.36
-0.27
1.97
-0.11
2.18
0.5
0.45
-0.48
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
9.61
12.96
14.06
10.07
11.21
11.59
11.56
12.26
13.31
14.01
12.88
11.34
11.78
Book Value per Share
- -
8.52
10.32
11.51
1.22
2.86
1.77
2.33
3.56
5.37
6.34
5.4
6.24
6.8
Tangible Book Value per Share
38
38
38
38
38
38
38
39
39
40
40
41
41
42
Basic Weighted Avg Shares
670
685
632
620
698
773
781
738
818
859
893
811
845
865
Sales/Revenue/Turnover
25.2
25.69
20.16
17.59
11.99
6.14
6.47
-4.19
9.06
10.26
8.63
3.96
7.83
8.35
Operating Margin (%)
10
10
12
15
27
42
39
40
37
34
33
31
27
27
Depreciation Expense
110
110
80
68
52
28
16
-58
17
30
47
-49
-70
22
Net Income, GAAP
36.02
36.8
36.68
34.29
30.48
- -
26.51
- -
37.41
30.79
- -
1,066
- -
18.77
Effective Tax Rate (%)
16.36
16.07
12.65
11.05
7.39
3.56
1.99
-7.84
2.13
3.53
5.31
-6.02
-8.32
2.55
Profit Margin (%)
- -
202
238
282
344
306
263
361
388
437
496
454
455
446
Working Capital
- -
- -
- -
- -
464
365
364
476
450
430
464
420
390
351
LT Debt
- -
359
496
536
390
439
459
466
496
547
581
543
487
510
Total Equity
- -
61.94
18.87
13.88
8.18
- -
4.38
- -
4.83
6.24
- -
-29.76
- -
6.73
Return on Invested Capital (%)
- -
61.6
18.71
13.42
8.47
- -
3.65
- -
4.31
5.67
- -
-29.86
- -
5.09
Return on Capital (%)
- -
61.29
18.96
13.56
11.4
6.83
3.56
-12.92
3.72
5.96
8.61
-8.9
-14.04
4.64
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'26
ST Debt
6
23
23
LT Borrowings
366
329
329
LT Finance Leases
23
23
22
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
42
42
42
Market Capitalization
488
447
440

Working Capital

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'26
Total Current Assets
634
626
633
Cash, Cash Equivalents & STI
126
88
99
Accounts Receivable, Net
146
148
145
Inventories
328
347
347
Total Current Liabilities
163
195
187
Payables & Accruals
104
114
103
ST Debt
6
23
23
Deferred Revenue
12
14
9

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.56%
1.21%
-10.42%
Free Cash Flow
-324.69%
-627.17%
-7.84%
Net Income, GAAP
-76.13%
-31.67%
44.06%
Sales/Revenue/Turnover
3.17%
2.95%
4.14%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
190
206
209
206
811
2025
200
213
203
229
845
2026
210
216
210
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
0.03
0.03
-1.22
-1.2
2025
-0.01
0.17
-2.15
0.29
-1.7
2026
0.06
-0.19
0.37
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Varex Imaging Corporation specializes in the engineering and production of advanced X-ray imaging components. The company operates through two primary divisions: Medical and Industrial. The Medical segment develops, manufactures, markets, and services a comprehensive array of X-ray imaging elements. This includes X-ray sources, digital detection devices, specialized high-voltage connectors, sophisticated image-processing software, 3D reconstruction tools, computer-aided diagnostic programs, beam collimators, automated exposure controls, power generators, heat exchange units, ionization sensors, and patient positioning buckys. These offerings support a wide range of clinical procedures such as computed tomography, mammography, radiation oncology, cardiovascular studies, surgical guidance, dental imaging, and various other diagnostic radiography applications. The Industrial segment focuses on creating, building, distributing, and maintaining Linatron X-ray linear accelerators, industrial X-ray tubes, digital detectors, and high-voltage connectors. These are integral to security and inspection uses, encompassing airport baggage screening, cargo examination at ports and borders, and non-destructive material evaluation across diverse industries. Varex Imaging distributes its advanced solutions through original equipment manufacturers for imaging systems, independent service providers, and a network of distributors, in addition to directly serving end-users. The company maintains a significant international footprint, with operations spanning North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Established in 2016, Varex Imaging Corporation is headquartered in Salt Lake City, Utah. The company reported revenues of $845 million for fiscal year 2025. Notably, Varex introduced its Lumen HD and Lumen HD Pro digital radiography detectors in late 2024 and secured significant orders for non-intrusive cargo inspection systems.

Company News

  • BlackRock Inc. Makes New $40.62 Million Investment in Varex Imaging $VREX

  • BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Varex Imaging Corporation (Nasdaq – VREX), Synlogic, Inc. (OTC – SYBX), Bowman Consulting Group Ltd. (Nasdaq – BWMN), Nathan's Famous, Inc. (Nasdaq – NATH)

  • Should Value Investors Buy VAREX IMAGING (VREX) Stock?

  • $HAREHOLDER ALERT: The M&A Class Action Firm Announce the Investigation of the Merger - CHMI, VREX, HHS and ARX

  • Are SUNS, VREX, CHMI, FBRX Obtaining Fair Deals for their Shareholders?

  • Are SUNS, VREX, CHMI, FBRX Obtaining Fair Deals for their Shareholders?

  • Varex Imaging Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Varex Imaging Corporation - VREX

  • Varex Imaging Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Varex Imaging Corporation - VREX

  • Teledyne: Varex Acquisition Strengthens The Buy Case

  • Varex Imaging (NASDAQ:VREX) Sets New 1-Year High After Strong Earnings

  • VREX Stock Alert: Halper Sadeh LLC is Investigating Whether Varex Imaging Corporation is Obtaining a Fair Price for its Shareholders

  • VAREX IMAGING (VREX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

  • VREX Stock Alert: Halper Sadeh LLC is Investigating Whether Varex Imaging Corporation is Obtaining a Fair Price for its Shareholders

  • Varex Imaging Posts Upbeat Q3 Earnings, Joins Bowman Consulting, MarineMax And Other Big Stocks Moving Higher On Monday

  • VAREX IMAGING (VREX) Q3 Earnings Beat Estimates

  • Varex Announces Financial Results for Third Quarter Fiscal Year 2026

  • Teledyne Technologies to Buy Varex Imaging for $1.1 Billion

  • Teledyne to acquire Varex Imaging in $1.1 billion deal

  • Varex Announces Financial Results for Third Quarter Fiscal Year 2026

  • Teledyne to Acquire Varex Imaging Corporation