Varex Historical Income Statement

VREX Stock

USD 16.53 0.02 0.12%

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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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 Total Revenue is fairly stable compared to the past year. Gross Profit is likely to rise to about 284.4 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 30.4 M in 2024.

Total Revenue Gross Profit Other Operating Expenses Research Development Total Other Income Expense Net

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.

	2021	2022	2023	2024 (projected)
Interest Expense	39.8M	29.3M	31.1M	21.4M
Depreciation And Amortization	33.6M	33.2M	31.1M	30.4M

Interest Expense Depreciation And Amortization

Varex Imaging income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Net Income From Continuing Ops	Minority Interest	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Non Operating Income Net Other	Extraordinary Items	Non Recurring
Depreciation And Amortization		0.87	0.77	-0.21	0.93	-0.94	-0.91	0.94	-0.87	0.88	0.96	-0.92	-0.51	-0.8	-0.82	0.8	-0.8	-0.29	-0.75	0.19	-0.87	0.86	-0.74	-0.16	-0.58
Interest Expense	0.87		0.87	-0.03	0.94	-0.84	-0.69	0.86	-0.63	0.94	0.89	-0.84	-0.81	-0.76	-0.68	0.79	-0.76	-0.63	-0.61	0.28	-0.99	0.69	-0.86	-0.19	-0.85
Total Revenue	0.77	0.87		0.34	0.92	-0.63	-0.51	0.8	-0.45	0.96	0.79	-0.68	-0.73	-0.61	-0.56	0.79	-0.61	-0.74	-0.51	0.49	-0.86	0.52	-0.77	-0.34	-0.79
Gross Profit	-0.21	-0.03	0.34		-0.03	0.44	0.53	-0.14	0.58	0.07	-0.21	0.39	-0.07	0.36	0.32	-0.13	0.37	-0.57	0.3	0.29	0.02	-0.36	0.19	-0.22	-0.03
Other Operating Expenses	0.93	0.94	0.92	-0.03		-0.87	-0.8	0.95	-0.75	0.99	0.96	-0.9	-0.71	-0.82	-0.73	0.86	-0.82	-0.56	-0.65	0.43	-0.91	0.71	-0.87	-0.3	-0.8
Operating Income	-0.94	-0.84	-0.63	0.44	-0.87		0.96	-0.9	0.94	-0.79	-0.94	0.97	0.52	0.9	0.75	-0.75	0.9	0.24	0.65	-0.21	0.83	-0.79	0.82	0.21	0.63
Ebit	-0.91	-0.69	-0.51	0.53	-0.8	0.96		-0.88	1.0	-0.7	-0.91	0.95	0.34	0.86	0.75	-0.71	0.86	0.05	0.66	-0.2	0.68	-0.78	0.68	0.19	0.46
Research Development	0.94	0.86	0.8	-0.14	0.95	-0.9	-0.88		-0.85	0.89	0.99	-0.92	-0.57	-0.84	-0.75	0.74	-0.84	-0.45	-0.63	0.41	-0.82	0.69	-0.75	-0.29	-0.68
Ebitda	-0.87	-0.63	-0.45	0.58	-0.75	0.94	1.0	-0.85		-0.65	-0.88	0.93	0.3	0.87	0.71	-0.68	0.87	0.0	0.61	-0.22	0.62	-0.74	0.66	0.23	0.43
Cost Of Revenue	0.88	0.94	0.96	0.07	0.99	-0.79	-0.7	0.89	-0.65		0.9	-0.84	-0.76	-0.75	-0.69	0.87	-0.75	-0.62	-0.63	0.43	-0.92	0.66	-0.87	-0.29	-0.83
Total Operating Expenses	0.96	0.89	0.79	-0.21	0.96	-0.94	-0.91	0.99	-0.88	0.9		-0.96	-0.6	-0.88	-0.76	0.8	-0.88	-0.43	-0.65	0.39	-0.85	0.73	-0.81	-0.29	-0.71
Income Before Tax	-0.92	-0.84	-0.68	0.39	-0.9	0.97	0.95	-0.92	0.93	-0.84	-0.96		0.61	0.94	0.73	-0.79	0.94	0.32	0.63	-0.36	0.82	-0.72	0.85	0.34	0.71
Total Other Income Expense Net	-0.51	-0.81	-0.73	-0.07	-0.71	0.52	0.34	-0.57	0.3	-0.76	-0.6	0.61		0.56	0.47	-0.56	0.56	0.77	0.42	-0.37	0.8	-0.3	0.79	0.23	0.95
Net Income	-0.8	-0.76	-0.61	0.36	-0.82	0.9	0.86	-0.84	0.87	-0.75	-0.88	0.94	0.56		0.47	-0.76	1.0	0.39	0.34	-0.56	0.74	-0.55	0.82	0.58	0.74
Income Tax Expense	-0.82	-0.68	-0.56	0.32	-0.73	0.75	0.75	-0.75	0.71	-0.69	-0.76	0.73	0.47	0.47		-0.54	0.47	0.06	0.98	0.19	0.69	-0.8	0.59	-0.3	0.4
Selling General Administrative	0.8	0.79	0.79	-0.13	0.86	-0.75	-0.71	0.74	-0.68	0.87	0.8	-0.79	-0.56	-0.76	-0.54		-0.76	-0.37	-0.53	0.41	-0.76	0.69	-0.81	-0.32	-0.7
Net Income From Continuing Ops	-0.8	-0.76	-0.61	0.37	-0.82	0.9	0.86	-0.84	0.87	-0.75	-0.88	0.94	0.56	1.0	0.47	-0.76		0.39	0.34	-0.56	0.74	-0.55	0.82	0.57	0.74
Minority Interest	-0.29	-0.63	-0.74	-0.57	-0.56	0.24	0.05	-0.45	0.0	-0.62	-0.43	0.32	0.77	0.39	0.06	-0.37	0.39		-0.02	-0.66	0.59	0.05	0.51	0.51	0.79
Tax Provision	-0.75	-0.61	-0.51	0.3	-0.65	0.65	0.66	-0.63	0.61	-0.63	-0.65	0.63	0.42	0.34	0.98	-0.53	0.34	-0.02		0.29	0.62	-0.79	0.53	-0.42	0.32
Interest Income	0.19	0.28	0.49	0.29	0.43	-0.21	-0.2	0.41	-0.22	0.43	0.39	-0.36	-0.37	-0.56	0.19	0.41	-0.56	-0.66	0.29		-0.22	-0.17	-0.39	-0.89	-0.57
Net Interest Income	-0.87	-0.99	-0.86	0.02	-0.91	0.83	0.68	-0.82	0.62	-0.92	-0.85	0.82	0.8	0.74	0.69	-0.76	0.74	0.59	0.62	-0.22		-0.7	0.85	0.18	0.82
Reconciled Depreciation	0.86	0.69	0.52	-0.36	0.71	-0.79	-0.78	0.69	-0.74	0.66	0.73	-0.72	-0.3	-0.55	-0.8	0.69	-0.55	0.05	-0.79	-0.17	-0.7		-0.57	0.18	-0.32
Non Operating Income Net Other	-0.74	-0.86	-0.77	0.19	-0.87	0.82	0.68	-0.75	0.66	-0.87	-0.81	0.85	0.79	0.82	0.59	-0.81	0.82	0.51	0.53	-0.39	0.85	-0.57		0.31	0.88
Extraordinary Items	-0.16	-0.19	-0.34	-0.22	-0.3	0.21	0.19	-0.29	0.23	-0.29	-0.29	0.34	0.23	0.58	-0.3	-0.32	0.57	0.51	-0.42	-0.89	0.18	0.18	0.31		0.42
Non Recurring	-0.58	-0.85	-0.79	-0.03	-0.8	0.63	0.46	-0.68	0.43	-0.83	-0.71	0.71	0.95	0.74	0.4	-0.7	0.74	0.79	0.32	-0.57	0.82	-0.32	0.88	0.42

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Varex Imaging Account Relationship Matchups

Varex Imaging income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	39.5M	37.3M	33.6M	33.2M	31.1M	30.4M
Interest Expense	31.4M	42.1M	39.8M	29.3M	31.1M	21.4M
Total Revenue	738.3M	818.1M	859.4M	893.4M	811M	823.1M
Gross Profit	190.2M	271.5M	283.5M	290.3M	256.9M	284.4M
Other Operating Expenses	769.2M	744M	771.2M	816.3M	778.9M	731.4M
Operating Income	(30.9M)	33.4M	50.7M	77.1M	32.1M	58.7M
Ebit	(41.2M)	75.1M	90M	77.1M	36.1M	59.5M
Research Development	78.9M	71.9M	77M	84.8M	87M	74.0M
Ebitda	(1.7M)	112.4M	123.6M	110.3M	67.2M	81.6M
Cost Of Revenue	548.1M	546.6M	575.9M	603.1M	554.1M	538.8M
Total Operating Expenses	221.1M	197.4M	195.3M	213.2M	224.8M	192.6M
Income Before Tax	(71.8M)	28.6M	44.5M	31.3M	5M	4.8M
Total Other Income Expense Net	(38.9M)	(45.5M)	(43.7M)	(45.8M)	(27.1M)	(25.7M)
Net Income	(56.6M)	17.4M	30.3M	48.2M	(47.7M)	(45.3M)
Income Tax Expense	(15.2M)	10.7M	13.7M	(17.4M)	52.2M	54.8M
Selling General Administrative	142M	125.5M	118.3M	128.4M	137.8M	126.8M
Net Income From Continuing Ops	(57.4M)	17.9M	30.8M	48.7M	(47.2M)	(44.8M)
Net Income Applicable To Common Shares	15.5M	(57.9M)	17.4M	30.3M	27.3M	30.5M
Minority Interest	13.2M	13.8M	14.1M	(500K)	(450K)	(427.5K)
Tax Provision	(15.2M)	10.7M	13.7M	(17.4M)	52.2M	54.8M
Net Interest Income	(31.3M)	(42M)	(39.4M)	(25.6M)	(22.9M)	(24.0M)
Reconciled Depreciation	39.5M	37.3M	33.6M	32.5M	31.1M	28.3M
Non Operating Income Net Other	(3.1M)	(7.5M)	(3.4M)	(3.9M)	(3.5M)	(3.3M)

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Varex Historical Income Statement

About Varex Income Statement Analysis

Varex Imaging Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Varex Imaging income statement Correlations

Varex Imaging Account Relationship Matchups

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Varex Imaging income statement Accounts

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COMMON DESTINATIONS

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Ebitda	+ 1.0	Ebit
Net Income From Continuing Ops	+ 1.0	Net Income
Cost Of Revenue	+ 0.99	Other Operating Expenses
Total Operating Expenses	+ 0.99	Research Development
Tax Provision	+ 0.98	Income Tax Expense
Income Before Tax	+ 0.97	Operating Income

Net Interest Income	- 0.99	Interest Expense
Income Before Tax	- 0.96	Total Operating Expenses
Total Operating Expenses	- 0.94	Operating Income
Operating Income	- 0.94	Depreciation And Amortization
Net Interest Income	- 0.92	Cost Of Revenue
Income Before Tax	- 0.92	Research Development