Varex Imaging Corporation
VREX
Rank in Stocks
#9820
Varex Imaging Corporation (VREX) specializes in the development and production... Varex Imaging Corporation (VREX) specializes in the development and production of X-ray imaging components. Its operations are divided into two primary divisions: Medical and Industrial. Within the Medical segment, Varex provides a comprehensive range of X-ray imaging components. These include essential hardware like X-ray tubes, digital detectors, and high-voltage connectors, alongside sophisticated software solutions for image processing, 3D reconstruction, and computer-aided diagnostics. The segment also supplies critical ancillary devices such as collimators, generators, and automatic exposure control mechanisms. These medical products serve a wide spectrum of applications, from general diagnostic imaging like radiography and fluoroscopy, to specialized areas such as mammography, computed tomography (CT), cardiac procedures, dental imaging, and surgical applications. They are also vital for radiation therapy, oncology, and advanced computer-aided detection systems. The Industrial segment focuses on providing X-ray technology for security and industrial inspection. Its offerings include Linatron X-ray accelerators, X-ray tubes, digital detectors, and high-voltage connectors. These components are crucial for diverse applications such as airport security scanning, cargo screening at border crossings, and nondestructive testing across various industries. Varex distributes its products through multiple channels, including direct sales to end-users, partnerships with imaging system Original Equipment Manufacturers (OEMs), independent service providers, and a network of distributors. With a significant global footprint, the company maintains operations across North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Established in 2016, Varex Imaging Corporation is headquartered in Salt Lake City, Utah.
Share Price
$18.45
Last synced: 2026-11-09
Market Cap
$783.45M
Change (1 day)
0.05%
Change (1 year)
48.07%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
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Category
Healthcare
Operating Margin for Varex Imaging Corporation (VREX)
Operating Margin as of November 2026 TTM: 8.35%
According to Varex Imaging Corporation's latest financial reports, its current operating margin (TTM) is 8.35%. At the end of 2025 the company had an operating margin of -3.29%.
Operating Margin history for Varex Imaging Corporation from 2013 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 8.35% | -353.80% |
| 2025 | -3.29% | -183.08% |
| 2024 | 3.96% | -54.11% |
| 2023 | 8.63% | -15.89% |
| 2022 | 10.26% | 13.25% |
| 2021 | 9.06% | -298.68% |
| 2020 | -4.56% | -534.29% |
| 2019 | 1.05% | -81.74% |
| 2018 | 5.75% | -52.04% |
| 2017 | 11.99% | -31.84% |
| 2016 | 17.59% | -12.75% |
| 2015 | 20.16% | -21.53% |
| 2014 | 25.69% | 1.94% |
| 2013 | 25.20% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 15.24% | -98.17% |
US
|
|
| 18.08% | -97.83% |
IE
|
|
| 21.25% | -97.46% |
US
|
|
| 21.05% | -97.48% |
US
|
|
| 28.09% | -96.64% |
US
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Varex Imaging Corporation's operating margin
What is Varex Imaging Corporation's operating margin?
Varex Imaging Corporation's operating margin is 8.35%, as of Nov 2026.
What was Varex Imaging Corporation's operating margin in 2025?
In 2025, Varex Imaging Corporation's operating margin was -3.29%, compared with 3.96% in 2024.
How has Varex Imaging Corporation's operating margin changed since 2020?
From 2020 to 2025, Varex Imaging Corporation's operating margin was highest in 2022 (10.26%) and lowest in 2020 (-4.56%).
How does Varex Imaging Corporation's operating margin compare with similar companies?
Varex Imaging Corporation's operating margin (8.35%) is lower than that of all 5 similar companies listed above. The highest among them is Edwards Lifesciences Corporation, with 28.09%.