Net margin is calculated as Net Income divided by its Revenue. Varex Imaging's Net Income for the
three
months ended in Mar. 2026 was €-7.0 Mil. Varex Imaging's Revenue for the
three
months ended in Mar. 2026 was €186.8 Mil. Therefore, Varex Imaging's net margin for the quarter that ended in Mar. 2026 was -3.75%.
The historical rank and industry rank for Varex Imaging's Net Margin % or its related term are showing as below:
FRA:VI4'
s Net Margin % Range Over the Past 10 Years
Min: -9.64 Med: 2.83 Max: 11.05
Current: -9.64
FRA:VI4's Net Margin % is ranked worse than 63.89% of 817
companies
in the Medical Devices & Instruments industry
Industry Median: 2.07
vs FRA:VI4: -9.64
Varex Imaging (FRA:VI4) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Varex Imaging Net Margin % Related Terms
Varex Imaging Net Margin % Historical Data
* Premium members only.
The historical data trend for Varex Imaging's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:VI4 vs KIDS, LAB, CATX: Net Margin % Comparison
For the Medical Devices subindustry, Varex Imaging's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Varex Imaging Net Margin % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Varex Imaging's Net Margin % distribution charts can be found below:
* The bar in red indicates where Varex Imaging's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Varex Imaging (FRA:VI4) has a Net Margin % of -3.75% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Varex Imaging and its competitors. According to the industry distribution chart, Varex Imaging ranks #522 out of 817 companies in the Medical Devices & Instruments industry, placing it in the top 63.9%.
Is Varex Imaging's Net Margin % too high?
Varex Imaging's current Net Margin % is -3.75%. Based on the distribution chart, Varex Imaging ranks #522 out of 817 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Varex Imaging has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Varex Imaging's Net Margin % compare to KIDS and LAB?
According to the Medical Devices & Instruments industry distribution chart, Varex Imaging ranks #522 out of 817 companies for Net Margin %. This places Varex Imaging in the lower half of its industry. The industry median Net Margin % is 2.07. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Medical Devices & Instruments company?
The median Net Margin % among Medical Devices & Instruments companies is 2.07, based on 817 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Varex Imaging and its competitors. For the Medical Devices & Instruments industry, the median Net Margin % is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varex Imaging's current Net Margin % is -3.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varex Imaging stock overvalued right now?
Varex Imaging (FRA:VI4) has a current Net Margin % of -3.75%. The stock's GF Value™ is €12.36, compared to a current price of €9.15 — trading 26% below its estimated fair value. The current Net Margin % is -3.75%. Varex Imaging's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Varex Imaging (FRA:VI4), the current Net Margin % is -3.75% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Varex Imaging (FRA:VI4) Overvalued in 2026?
Based on GuruFocus' analysis, Varex Imaging stock appears to be undervalued.
The current stock price of €9.15 is trading 26% below its estimated GF Value™ of €12.36.
Key valuation signals for FRA:VI4:
Net Margin %: -3.75%
GF Value™: €12.36 vs. price of €9.15 (26% below fair value)
No single metric tells the full story. See the FRA:VI4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Varex Imaging Corp Designs, manufactures, sells, and services X-ray imaging components, including X-ray tubes, detectors, ionization chambers, high-voltage connectors, software, collimators, generators, exposure control devices, and heat exchangers.. The company operates through two segments: Medical, the key revenue driver, providing X-ray imaging components and accessories for healthcare applications, and Industrial, which provides Linatron X-ray accelerators, X-ray tubes, flat panel detectors, high-voltage connectors, and coolers for non-medical use. Geographically, it generates the majority of its revenue from Europe, the Middle East, and Africa (EMEA), with the rest coming from the Americas and Asia Pacific.
69GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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