Varex Imaging Debt-to-Equity Ratio Growth & History (VREX)
Varex Imaging's debt-to-equity ratio was 0.85 for fiscal 2025.
View full Varex Imaging company overviewVarex Imaging annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-10-03 | 0.85 | −0.05 | −5.61% |
| 2024 | 2024-09-27 | 0.90 | 0.07 | +8.87% |
| 2023 | 2023-09-29 | 0.83 | 0.01 | +1.08% |
| 2022 | 2022-09-30 | 0.82 | −0.13 | −13.96% |
| 2021 | 2021-10-01 | 0.95 | −0.12 | −11.39% |
| 2020 | 2020-10-02 | 1.07 | 0.19 | +20.93% |
| 2019 | 2019-09-27 | 0.89 | −0.03 | −2.90% |
| 2018 | 2018-09-28 | 0.91 | −0.36 | −28.37% |
| 2017 | 2017-09-29 | 1.28 | 1.28 | — |
| 2016 | 2016-09-30 | 0.00 | — | — |
Varex Imaging quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-07-03 | 0.76 | −0.11 | −12.38% |
| Q2 2026 | 2026-04-03 | 0.80 | −0.28 | −26.00% |
| Q1 2026 | 2026-01-02 | 0.84 | −0.27 | −24.02% |
| Q4 2025 | 2025-10-03 | 0.85 | −0.05 | −5.61% |
| Q3 2025 | 2025-07-04 | 0.87 | 0.06 | +7.73% |
| Q2 2025 | 2025-04-04 | 1.09 | 0.27 | +32.68% |
| Q1 2025 | 2025-01-03 | 1.11 | 0.28 | +33.92% |
| Q4 2024 | 2024-09-27 | 0.90 | 0.07 | +8.87% |
| Q3 2024 | 2024-06-28 | 0.81 | −0.07 | −8.47% |
| Q2 2024 | 2024-03-29 | 0.82 | −0.08 | −8.41% |
| Q1 2024 | 2023-12-29 | 0.83 | −0.08 | −8.99% |
| Q4 2023 | 2023-09-29 | 0.83 | 0.01 | +1.08% |
| Q3 2023 | 2023-06-30 | 0.88 | 0.03 | +3.96% |
| Q2 2023 | 2023-03-31 | 0.89 | 0.02 | +2.77% |
| Q1 2023 | 2022-12-30 | 0.91 | −0.02 | −2.67% |
| Q4 2022 | 2022-09-30 | 0.82 | −0.13 | −13.96% |
| Q3 2022 | 2022-07-01 | 0.85 | −0.19 | −18.52% |
| Q2 2022 | 2022-04-01 | 0.87 | −0.21 | −19.28% |
| Q1 2022 | 2021-12-31 | 0.93 | −0.15 | −14.04% |
| Q4 2021 | 2021-10-01 | 0.95 | −0.12 | −11.39% |
| Q3 2021 | 2021-07-02 | 1.04 | 0.09 | +8.96% |
| Q2 2021 | 2021-04-02 | 1.08 | 0.16 | +17.78% |
| Q1 2021 | 2021-01-01 | 1.09 | 0.18 | +19.33% |
| Q4 2020 | 2020-10-02 | 1.07 | 0.19 | +20.93% |
| Q3 2020 | 2020-07-03 | 0.96 | 0.01 | +1.58% |
| Q2 2020 | 2020-04-03 | 0.91 | 0.12 | +14.48% |
| Q1 2020 | 2020-01-03 | 0.91 | 0.03 | +3.61% |
| Q4 2019 | 2019-09-27 | 0.89 | −0.03 | −2.90% |
| Q3 2019 | 2019-06-28 | 0.94 | −0.00 | −0.14% |
| Q2 2019 | 2019-03-29 | 0.80 | −0.21 | −20.99% |
| Q1 2019 | 2018-12-28 | 0.88 | −0.26 | −23.16% |
| Q4 2018 | 2018-09-28 | 0.91 | −0.36 | −28.37% |
| Q3 2018 | 2018-06-29 | 0.94 | −0.44 | −32.01% |
| Q2 2018 | 2018-03-30 | 1.01 | 0.42 | +71.65% |
| Q1 2018 | 2017-12-29 | 1.14 | 1.14 | — |
| Q4 2017 | 2017-09-29 | 1.28 | 1.28 | — |
| Q3 2017 | 2017-06-30 | 1.39 | — | — |
| Q2 2017 | 2017-03-31 | 0.59 | — | — |
| Q1 2017 | 2016-12-30 | 0.00 | — | — |
| Q4 2016 | 2016-09-30 | 0.00 | — | — |
Varex Imaging debt-to-equity ratio trends
Over the last five fiscal years, Varex Imaging's debt-to-equity ratio decreased from 1.07 to 0.85, a change of −0.22. The latest reported quarter, Q3 2026, shows 0.76.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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