# Varex Imaging Corp (VREX)

- Sector: Healthcare · Industry: Medical Devices
- SEC CIK: 0001681622 ([filings on EDGAR](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001681622))
- Full page: https://inspectstocks.com/stocks/vrex
- Data as of: price 2026-09-25; newest filing used 2026-08-10; latest fiscal period ended 2026-07-03

## Grade

**F** on the growth-and-cash rubric, 1 of 5 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Revenue growing overall | failed | $865M | $897.4M |
| Revenue growing recently | passed | $865M | $844.6M |
| Free cash flow positive | failed | -$20.2M |  |
| Free cash flow growing overall | failed | -$20.2M | $53.3M |
| Free cash flow growing recently | failed | -$20.2M | $18.8M |

Business quality (the + / − mark): 2 of 6 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | passed | 2.6% |  |
| Healthy profit margin | failed | 2.6% |  |
| Strong operating margin | failed | 8.3% |  |
| Good return on equity | failed | 4.7% |  |
| Debt under control | passed | 0.85 |  |
| Turns sales into cash | failed | -2.3% |  |

How the grade works: the letter counts failed checks (none → A, one → B, two → C, three → D, four or more → F). It is built from SEC filings only — the share price never enters it — and describes the business, not whether the stock is worth buying.

## Key figures

In US dollars, as filed.

| Measure | Value |
| --- | --- |
| Revenue, trailing twelve months | $865M |
| Net income, trailing twelve months | $22.1M |
| Free cash flow, trailing twelve months | -$20.2M |
| Net margin | 2.6% |
| Operating margin | 8.3% |
| Return on equity | 4.7% |
| Debt to equity | 0.85 |
| Diluted EPS, trailing twelve months | $0.53 |
| Share price | $18.45 |
| Market value | $776.7M |
| Price / earnings | 34.8x |
| Price / sales | 0.9x |

## More on this company

- [Overview](https://inspectstocks.com/stocks/vrex)
- [Financial statements](https://inspectstocks.com/stocks/vrex/financials)
- [Competitors](https://inspectstocks.com/stocks/vrex/peers)
- [Earnings](https://inspectstocks.com/stocks/vrex/earnings)

---

Source: InspectStocks, built from the company’s own SEC filings. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.