Varex/$VREX
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX
About Varex
Varex Imaging Corp designs and manufactures X-ray imaging components. It operates in two segments Medical and Industrial. The Medical segment, which is the key revenue driver, designs, manufactures, sells, and services X-ray imaging components, including X-ray tubes, digital detectors and accessories, generators, and heat exchangers among other products. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital flat panel detectors, high-voltage connectors, and coolers. Geographically, the company generates maximum revenue from Europe, Middle East, and Africa (EMEA) and the rest from the Americas and Asia Pacific region.
Ticker
$VREX
Sector
Primary listing
Employees
2,300
Headquarters
Website
Varex Metrics
BasicAdvanced
$479M
-
-$3.22
0.68
-
Price and volume
Market cap
$479M
Beta
0.68
52-week high
$16.47
52-week low
$6.76
Average daily volume
297K
Financial strength
Current ratio
3.506
Quick ratio
1.639
Long term debt to equity
83.301
Total debt to equity
84.537
Interest coverage (TTM)
-1.04%
Profitability
EBITDA (TTM)
-9.4
Gross margin (TTM)
34.06%
Net profit margin (TTM)
-16.13%
Operating margin (TTM)
-4.44%
Effective tax rate (TTM)
-86.44%
Revenue per employee (TTM)
$360,000
Management effectiveness
Return on assets (TTM)
-1.96%
Return on equity (TTM)
-24.79%
Valuation
Price to revenue (TTM)
0.579
Price to book
1.05
Price to tangible book (TTM)
1.98
Price to free cash flow (TTM)
13.066
Free cash flow yield (TTM)
7.65%
Free cash flow per share (TTM)
0.882
Growth
Revenue change (TTM)
-1.36%
Earnings per share change (TTM)
-502.13%
3-year revenue growth (CAGR)
-1.30%
3-year earnings per share growth (CAGR)
73.80%
What the Analysts think about Varex
Analyst ratings (Buy, Hold, Sell) for Varex stock.
Bulls say / Bears say
In Q2 FY25, Varex delivered revenue of $213 million—a 3% year-over-year increase—and non-GAAP EPS of $0.26 that topped Street estimates, while non-GAAP gross margin expanded to 36%, underscoring operational leverage gains (Reuters).
The company secured a $17 million order for its high-energy non-intrusive cargo inspection systems, marking over $55 million in orders year-to-date and highlighting strong demand in its Industrial segment’s security applications (Reuters).
At the end of Q2 FY25, Varex held $226 million in cash, cash equivalents, and marketable securities—excluding restricted cash—and has committed to repaying its $200 million convertible notes due June 2025, a move expected to simplify its capital structure and lower leverage (SEC filing)
The China Ministry of Commerce’s anti-dumping probe into U.S.-made CT X-ray tubes led VREX shares to plunge 16.3%, highlighting the risk that any adverse ruling could disrupt tender processes and sales in a market representing over 12% of its revenue (Reuters).
B. Riley slashed its one-year price target for Varex to $12 (from $22) and maintained a Buy rating, warning that a 125% retaliatory tariff could cut Chinese revenue by roughly two-thirds in the upcoming quarter (GuruFocus).
In Q3 FY25, Varex reported a 3% year-over-year revenue decline to $203 million and a GAAP net loss of $2.15 per share (versus a non-GAAP profit of $0.18), reflecting mounting headwinds from tariffs and an $81 million goodwill impairment charge that drove operating losses (Business Wire)
Data summarised monthly by Lightyear AI. Last updated on 5 Oct 2025.
Varex Financial Performance
Revenues and expenses
Varex Earnings Performance
Company profitability
Varex News
AllArticlesVideos
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.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
Capital at risk
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Varex stock?
Varex (VREX) has a market cap of $479M as of October 19, 2025.
What is the P/E ratio for Varex stock?
The price to earnings (P/E) ratio for Varex (VREX) stock is 0 as of October 19, 2025.
Does Varex stock pay dividends?
No, Varex (VREX) stock does not pay dividends to its shareholders as of October 19, 2025.
When is the next Varex dividend payment date?
Varex (VREX) stock does not pay dividends to its shareholders.
What is the beta indicator for Varex?
Varex (VREX) has a beta rating of 0.68. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.