Varex Historical Income Statement

VREX Stock  USD 7.24  0.61  7.77%   
Historical analysis of Varex Imaging income statement accounts such as Depreciation And Amortization of 30.4 M, Interest Expense of 21.4 M, Total Revenue of 823.1 M or Gross Profit of 284.4 M can show how well Varex Imaging Corp performed in making a profits. Evaluating Varex Imaging income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Varex Imaging's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Varex Imaging Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Varex Imaging Corp is a good buy for the upcoming year.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Varex Imaging Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

About Varex Income Statement Analysis

Varex Imaging Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Varex Imaging shareholders. The income statement also shows Varex investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Varex Imaging Income Statement Chart

At this time, Varex Imaging's EBITDA is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 49.3 M in 2025, whereas Depreciation And Amortization is likely to drop slightly above 30.4 M in 2025.

Total Revenue

Total revenue comprises all receipts Varex Imaging Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Varex Imaging Corp minus its cost of goods sold. It is profit before Varex Imaging operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Varex Imaging Corp. It is also known as Varex Imaging overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Varex Imaging's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Varex Imaging Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Varex Imaging Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Varex Imaging's EBITDA is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 49.3 M in 2025, whereas Depreciation And Amortization is likely to drop slightly above 30.4 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense29.3M31.1M35.8M21.4M
Depreciation And Amortization33.2M31.1M35.8M30.4M

Varex Imaging income statement Correlations

0.880.75-0.120.9-0.93-0.880.92-0.830.860.93-0.92-0.84-0.81-0.780.78-0.81-0.34-0.690.26-0.870.79-0.75-0.18-0.61
0.880.870.080.93-0.84-0.750.87-0.710.930.89-0.84-0.94-0.79-0.610.8-0.78-0.66-0.520.38-0.960.59-0.87-0.19-0.87
0.750.870.450.94-0.65-0.580.84-0.530.970.84-0.69-0.81-0.67-0.420.84-0.67-0.77-0.350.62-0.770.36-0.76-0.4-0.82
-0.120.080.450.130.290.380.030.460.21-0.020.28-0.030.20.340.070.2-0.620.340.420.01-0.40.1-0.37-0.15
0.90.930.940.13-0.86-0.820.96-0.780.990.97-0.89-0.87-0.85-0.590.89-0.85-0.62-0.490.55-0.840.54-0.85-0.33-0.83
-0.93-0.84-0.650.29-0.860.97-0.880.94-0.79-0.920.980.80.930.68-0.740.930.320.55-0.350.82-0.690.840.290.66
-0.88-0.75-0.580.38-0.820.97-0.870.99-0.75-0.90.980.720.940.64-0.740.950.250.52-0.410.71-0.620.80.330.64
0.920.870.840.030.96-0.88-0.87-0.840.910.99-0.91-0.79-0.86-0.610.8-0.86-0.52-0.480.54-0.760.54-0.76-0.3-0.72
-0.83-0.71-0.530.46-0.780.940.99-0.84-0.7-0.880.960.660.930.62-0.710.930.190.5-0.380.65-0.580.770.250.62
0.860.930.970.210.99-0.79-0.750.91-0.70.92-0.83-0.88-0.79-0.560.9-0.79-0.67-0.480.56-0.850.51-0.86-0.34-0.86
0.930.890.84-0.020.97-0.92-0.90.99-0.880.92-0.94-0.81-0.9-0.630.84-0.9-0.51-0.50.52-0.80.57-0.81-0.29-0.75
-0.92-0.84-0.690.28-0.890.980.98-0.910.96-0.83-0.940.820.940.69-0.770.940.370.57-0.420.81-0.650.860.310.73
-0.84-0.94-0.81-0.03-0.870.80.72-0.790.66-0.88-0.810.820.70.74-0.70.70.620.67-0.270.96-0.630.890.130.85
-0.81-0.79-0.670.2-0.850.930.94-0.860.93-0.79-0.90.940.70.41-0.81.00.460.27-0.630.7-0.450.830.480.76
-0.78-0.61-0.420.34-0.590.680.64-0.610.62-0.56-0.630.690.740.41-0.40.410.030.980.220.69-0.80.54-0.220.35
0.780.80.840.070.89-0.74-0.740.8-0.710.90.84-0.77-0.7-0.8-0.4-0.8-0.46-0.360.56-0.690.5-0.79-0.35-0.74
-0.81-0.78-0.670.2-0.850.930.95-0.860.93-0.79-0.90.940.71.00.41-0.80.460.27-0.620.7-0.450.830.480.76
-0.34-0.66-0.77-0.62-0.620.320.25-0.520.19-0.67-0.510.370.620.460.03-0.460.46-0.07-0.690.570.10.550.450.81
-0.69-0.52-0.350.34-0.490.550.52-0.480.5-0.48-0.50.570.670.270.98-0.360.27-0.070.340.62-0.80.47-0.320.26
0.260.380.620.420.55-0.35-0.410.54-0.380.560.52-0.42-0.27-0.630.220.56-0.62-0.690.34-0.2-0.24-0.44-0.77-0.61
-0.87-0.96-0.770.01-0.840.820.71-0.760.65-0.85-0.80.810.960.70.69-0.690.70.570.62-0.2-0.690.840.120.79
0.790.590.36-0.40.54-0.69-0.620.54-0.580.510.57-0.65-0.63-0.45-0.80.5-0.450.1-0.8-0.24-0.69-0.510.23-0.24
-0.75-0.87-0.760.1-0.850.840.8-0.760.77-0.86-0.810.860.890.830.54-0.790.830.550.47-0.440.84-0.510.280.88
-0.18-0.19-0.4-0.37-0.330.290.33-0.30.25-0.34-0.290.310.130.48-0.22-0.350.480.45-0.32-0.770.120.230.280.38
-0.61-0.87-0.82-0.15-0.830.660.64-0.720.62-0.86-0.750.730.850.760.35-0.740.760.810.26-0.610.79-0.240.880.38
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Varex Imaging Account Relationship Matchups

Varex Imaging income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization37.3M33.6M33.2M31.1M35.8M30.4M
Interest Expense42.1M39.8M29.3M31.1M35.8M21.4M
Total Revenue818.1M859.4M893.4M811M932.7M823.1M
Gross Profit271.5M283.5M290.3M256.9M295.4M284.4M
Other Operating Expenses744M771.2M816.3M778.9M895.7M731.4M
Operating Income33.4M50.7M77.1M32.1M28.9M27.4M
Ebit75.1M90M77.1M36.1M32.5M30.9M
Research Development71.9M77M84.8M87M100.1M74.0M
Ebitda112.4M123.6M110.3M67.2M60.5M88.4M
Cost Of Revenue546.6M575.9M603.1M554.1M637.2M538.8M
Total Operating Expenses197.4M195.3M213.2M224.8M258.5M192.6M
Income Before Tax28.6M44.5M31.3M5M4.5M4.3M
Total Other Income Expense Net(45.5M)(43.7M)(45.8M)(27.1M)(24.4M)(25.6M)
Net Income17.4M30.3M48.2M(47.7M)(42.9M)(40.8M)
Income Tax Expense10.7M13.7M(17.4M)52.2M47.0M49.3M
Selling General Administrative125.5M118.3M128.4M137.8M158.5M126.8M
Net Income From Continuing Ops17.9M30.8M48.7M(47.2M)(42.5M)(40.4M)
Net Income Applicable To Common Shares15.5M(57.9M)17.4M30.3M27.3M30.5M
Tax Provision10.7M13.7M(17.4M)52.2M47.0M49.3M
Net Interest Income(42M)(39.4M)(25.6M)(22.9M)(20.6M)(21.6M)
Reconciled Depreciation37.3M33.6M32.5M31.1M28.0M28.3M
Non Operating Income Net Other(3.1M)(7.5M)(3.4M)(3.9M)(3.5M)(3.3M)

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