Varex Imaging Overview
- Year Founded
-
1948
- Status
-
Public
- Employees
-
2,300
- Stock Symbol
-
VREX
- Investments
-
6
- Share Price
-
$8.50
- (As of Monday Closing)
Varex Imaging General Information
Description
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.
Contact Information
Website
www.vareximaging.comCorporate Office
- 1678 South Pioneer Road
- Salt Lake City, UT 84104
- United States
Corporate Office
- 1678 South Pioneer Road
- Salt Lake City, UT 84104
- United States
Varex Imaging Stock Performance
As of 28-Apr-2025, Varex Imaging’s stock price is $8.50. Its current market cap is $350M with 41.2M shares.
(As of Monday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $8.50 | $8.62 | $6.97 - $17.09 | $350M | 41.2M | 532K | -$1.17 |
Varex Imaging Financials Summary
As of 31-Dec-2024, Varex Imaging has a trailing 12-month revenue of $821M.
|
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 30-Sep-2024 | FY 2023 30-Sep-2023 | FY 2022 30-Sep-2022 |
|---|---|---|---|---|
| EV | 885,560 | 780,763 | 1,123,716 | 1,194,686 |
| Revenue | 820,800 | 811,000 | 893,400 | 859,400 |
| EBITDA | 57,400 | 55,600 | 87,500 | 114,100 |
| Net Income | (47,500) | (47,700) | 48,200 | 30,300 |
| Total Assets | 1,332,200 | 1,217,000 | 1,249,600 | 1,184,400 |
| Total Debt | 592,100 | 470,400 | 469,500 | 436,400 |
Varex Imaging Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Varex Imaging Comparisons
Industry
Financing
Details
Varex Imaging Competitors (2)
One of Varex Imaging’s 2 competitors is iRay Technology, a Formerly VC-backed company based in Shanghai, China.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| iRay Technology | Formerly VC-backed | Shanghai, China | ||||
| Hamamatsu Photonics | Corporation | Iwata City, Japan |
Varex Imaging Patents
Varex Imaging Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20250023290-A1 | Connector retainer cap assembly | Pending | 14-Jul-2023 | ||
| US-20240418874-A1 | X-ray detectors with non-permanent interconnects | Pending | 15-Jun-2023 | ||
| US-20240386522-A1 | X-ray imaging device with a reconfigurable image processing module | Pending | 19-May-2023 | ||
| US-20240290569-A1 | Modular getters and getters with different materials in vacuum enclosures | Pending | 28-Feb-2023 | ||
| AU-2024228487-A1 | Modular getters and getters with different materials in vacuum enclosures | Pending | 28-Feb-2023 | H01J35/20 |
Varex Imaging Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Varex Imaging Investments & Acquisitions (6)
Varex Imaging’s most recent deal was a Merger/Acquisition with MeVis BreastCare. The deal was made on 01-Oct-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| MeVis BreastCare | 01-Oct-2023 | Merger/Acquisition | Other Healthcare Technology Systems | ||
| VEC Imaging | 27-Sep-2019 | Joint Venture | Electronic Equipment and Instruments | ||
| Direct Conversion | 29-Apr-2019 | Merger/Acquisition | Machinery (B2B) | ||
| Virtual Media Integration | 31-Aug-2018 | Merger/Acquisition | Other Financial Services | ||
| Fluent Wave | 01-May-2017 | Merger/Acquisition | Other Materials |
Varex Imaging ESG
Risk Overview
Risk Rating
Updated February, 05, 2025
20.35 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,109
Rank
Percentile
Healthcare
Industry
of 587
Rank
Percentile
Medical Devices
Subindustry
of 198
Rank
Percentile
Varex Imaging Exits (1)
Varex Imaging’s most recent exit was on 01-May-2017 from Fluent Wave. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Fluent Wave | 01-May-2017 | Completed |
|
Varex Imaging Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Claymount Americas Corporation | Downers Grove, IL | 2017 | |
| MeVis BreastCare | Bremen, Germany | 2001 | |
| Varex Imaging West Holdings | Waltham, MA | 1994 |
Varex Imaging FAQs
-
When was Varex Imaging founded?
Varex Imaging was founded in 1948.
-
Where is Varex Imaging headquartered?
Varex Imaging is headquartered in Salt Lake City, UT.
-
What is the size of Varex Imaging?
Varex Imaging has 2,300 total employees.
-
What industry is Varex Imaging in?
Varex Imaging’s primary industry is Diagnostic Equipment.
-
Is Varex Imaging a private or public company?
Varex Imaging is a Public company.
-
What is Varex Imaging’s stock symbol?
The ticker symbol for Varex Imaging is VREX.
-
What is the current stock price of Varex Imaging?
As of 28-Apr-2025 the stock price of Varex Imaging is $8.50.
-
What is the current market cap of Varex Imaging?
The current market capitalization of Varex Imaging is $350M.
-
What is Varex Imaging’s current revenue?
The trailing twelve month revenue for Varex Imaging is $821M.
-
Who are Varex Imaging’s competitors?
iRay Technology and Hamamatsu Photonics are competitors of Varex Imaging.
-
What is Varex Imaging’s annual earnings per share (EPS)?
Varex Imaging’s EPS for 12 months was -$1.17.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
