Varex/$VREX
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Varex
Varex Imaging Corp Designs, manufactures, sells, and services X-ray imaging components, including X-ray tubes, detectors, ionization chambers, high-voltage connectors, software, collimators, generators, exposure control devices, and heat exchangers.. The company operates through two segments: Medical, the key revenue driver, providing X-ray imaging components and accessories for healthcare applications, and Industrial, which provides Linatron X-ray accelerators, X-ray tubes, flat panel detectors, high-voltage connectors, and coolers for non-medical use. Geographically, it generates the majority of its revenue from Europe, the Middle East, and Africa (EMEA), with the rest coming from the Americas and Asia Pacific.
- Ticker
- $VREX
- Sector
- Health
- Primary listing
- NASDAQ
- Employees
- 2,500
- Headquarters
- Salt Lake City, United States
- Website
- www.vareximaging.com
Varex Metrics
BasicAdvanced
$776M
35.44
$0.52
0.96
-
Price and volume
Market cap
$776M
Beta
0.96
52-week high
$18.63
52-week low
$9.09
Average daily volume
542K
Financial strength
Current ratio
3.378
Quick ratio
1.301
Long term debt to equity
0.687
Total debt to equity
0.732
Interest coverage (TTM)
1.86%
Profitability
EBITDA (TTM)
94.4
Gross margin (TTM)
34.32%
Net profit margin (TTM)
2.55%
Operating margin (TTM)
7.76%
Effective tax rate (TTM)
18.77%
Revenue per employee (TTM)
$350,000
Management effectiveness
Return on assets (TTM)
3.86%
Return on equity (TTM)
4.59%
Valuation
Price to earnings (TTM)
35.444
Price to revenue (TTM)
0.893
Price to book
1.56
Price to tangible book (TTM)
2.71
Price to free cash flow (TTM)
-38.251
Free cash flow yield (TTM)
-2.61%
Free cash flow per share (TTM)
-0.482
Growth
Revenue change (TTM)
5.31%
Earnings per share change (TTM)
-116.00%
3-year revenue growth (CAGR)
-1.22%
10-year revenue growth (CAGR)
3.59%
3-year earnings per share growth (CAGR)
-10.46%
10-year earnings per share growth (CAGR)
-10.94%
What the Analysts think about Varex
Analyst ratings (Buy, Hold, Sell) for Varex stock.
Analyst projections of the future price of Varex stock.
Bulls say / Bears say
Teledyne has agreed to buy Varex for $18.90 a share in cash, and Varex shareholders approved the deal on 28 October. That offers a defined takeover value, although regulatory clearances are still required. (Reuters, StockTitan)
Industrial revenue rose 25.6% in the third quarter, led by inspection products, while overall revenue increased 4%. Continued growth in cargo and vehicle inspection could help offset pressure elsewhere. (Varex Imaging, SEC)
The new Waygate Technologies partnership gives Varex access to a broad international sales and service network for its industrial detectors. It could help accelerate the shift from film to digital inspection and widen Varex’s reach. (Baker Hughes)
Medical revenue, Varex’s larger segment, fell 5.7% in the third quarter. If this weakness persists, industrial growth may not be enough to lift the business consistently. (SEC)
A roughly $10 million tariff-related benefit boosted third-quarter gross profit, so reported margin and earnings may overstate the strength of repeatable operations. That benefit came from refunds of costs incurred in earlier periods. (Varex Imaging)
Cash conversion is a concern: operating cash flow for the first nine months was only $3.4 million, down from $33.8 million a year earlier, while inventory rose to $347.1 million. A prolonged inventory build could keep cash tied up and strain liquidity. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 31 Oct 2026.
Varex Financial Performance
Revenues and expenses
Varex Earnings Performance
Company profitability
Upcoming events
No upcoming events
Varex News
AllArticlesVideos
Varex Imaging Shareholders Approve Teledyne Merger Agreement
MarketBeat3 days ago
Varex Imaging Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Varex Imaging Corporation - VREX
Business Wire1 month ago
VREX Stock Alert: Halper Sadeh LLC is Investigating Whether Varex Imaging Corporation is Obtaining a Fair Price for its Shareholders
Business Wire2 months ago
Funds containing Varex
Fund name | Fund size | $VREX weighting |
|---|---|---|
Invesco Defence Innovation£DFNX | $161M | 1.00% |
Invesco Defence Innovation$IDFN | $161M | 1.00% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.02% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.02% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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