Varex Imaging (VREX) Financial Ratios: P/E, ROE & More

Varex Imaging (VREX) Financial Ratios

For fiscal 2025 (fiscal year ended Oct 3, 2025), Varex Imaging had return on equity of -13.6% (down from -8.6%), debt-to-equity of 0.83 (down from 0.88), a current ratio of 3.43 (up from 3.32) and return on assets of 3.6% (up from 1.6%). A current ratio of 3.43 means current assets exceed current liabilities.

Varex Imaging Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Oct 2025	Sep 2024	Sep 2023	Sep 2022	Oct 2021
Valuation Ratios
P/E Ratio	-	-	16.01	27.87	64.77
Forward P/E	15.56	21.77	13.82	15.89	21.54
P/S Ratio	0.59	0.60	0.85	0.98	1.38
P/B Ratio	1.02	0.90	1.31	1.54	2.27
Price/Tangible Book	1.91	2.19	2.96	3.92	8.03
Price/FCF	26.37	23.88	8.65	-	14.54
Price/OCF	11.89	10.30	7.00	49.96	12.17
PEG Ratio	1.30	1.81	0.63	1.64	2.27
Enterprise Value Ratios
EV/Revenue	0.89	0.96	1.22	1.39	1.84
EV/EBITDA	8.08	12.37	9.88	9.68	13.38
EV/EBIT	11.41	24.34	14.14	13.29	20.03
EV/FCF	40.12	38.31	12.43	-	19.41
Profitability & Returns
Return on Equity (ROE)	-13.57%	-8.59%	8.50%	5.91%	3.72%
Return on Assets (ROA)	3.56%	1.63%	3.96%	4.82%	4.11%
Return on Invested Capital (ROIC)	8.51%	-37.00%	8.81%	7.30%	5.66%
Return on Capital Employed (ROCE)	7.20%	3.20%	7.10%	8.90%	7.70%
Leverage & Solvency Ratios
Debt/Equity	0.83	0.88	0.81	0.80	0.93
Debt/EBITDA	4.04	6.86	4.05	3.36	3.82
Debt/FCF	21.38	23.37	5.36	-	5.93
Liquidity Ratios
Current Ratio	3.43	3.32	4.04	3.52	3.33
Quick Ratio	1.67	1.83	2.20	1.52	1.80
Efficiency Ratios
Asset Turnover	0.73	0.66	0.73	0.74	0.71
Inventory Turnover	1.96	2.04	2.08	2.18	2.20
Yield & Distribution Ratios
Earnings Yield	-14.18%	-10.02%	6.25%	3.59%	1.54%
FCF Yield	3.79%	4.19%	11.56%	-0.52%	6.88%
Buyback Yield	-1.47%	18.89%	-20.91%	-3.23%	-3.87%

Source: Company financial statements from annual and quarterly filings. Data as of Jul 3, 2026. Data sources and methodology

Frequently Asked Questions About Varex Imaging Financial Ratios

What is Varex Imaging's return on equity?

Varex Imaging's return on equity (ROE) was -13.6% for fiscal 2025 (period ended Oct 3, 2025). It was -8.6% a year earlier.

What is Varex Imaging's debt-to-equity ratio?

Varex Imaging's debt-to-equity ratio was 0.83 for fiscal 2025 (period ended Oct 3, 2025). It was 0.88 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition