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Compare · TMO vs VREX

TMO vs VREX

Side-by-side comparison of Thermo Fisher Scientific Inc (TMO) and Varex Imaging Corporation (VREX): market cap, price performance, sector, and recent activity on the wire.

Summary

  • TMO operates in Industrials, while VREX operates in Technology - the two are in different parts of the market.
  • TMO is the larger of the two at $183.60B, about 434.8x VREX ($422.3M).
  • Over the past year, TMO is up 20.9% and VREX is up 30.8% - VREX leads by 9.9 points.
  • TMO has been more active in the news (18 items in the past 4 weeks vs 1 for VREX).
  • TMO has more recent analyst coverage (25 ratings vs 2 for VREX).
PerformanceTMO+20.90%VREX+30.77%
2025-06-02+0.00%2026-06-02
MetricTMOVREX
Company
Thermo Fisher Scientific Inc
Varex Imaging Corporation
Price
$479.36-2.88%
$10.03+0.05%
Market cap
$183.60B
$422.3M
1M return
+2.17%
-13.53%
1Y return
+20.90%
+30.77%
Industry
Industrial Machinery/Components
Industrial Machinery/Components
Exchange
NYSE
NASDAQ
IPO
News (4w)
18
1
Recent ratings
25
2
TMO

Thermo Fisher Scientific Inc

Thermo Fisher Scientific Inc. offers life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and service worldwide. The company's Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery, and production of drugs and vaccines, as well as diagnosis of infections and diseases to pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and government markets. Its Analytical Instruments segment provides instruments, consumables, software, and services for use in laboratory, on production line, and in field for pharmaceutical, biotechnology, academic, government, environmental, and other research and industrial markets, as well as clinical laboratories. The company's Specialty Diagnostics segment offers liquid, ready-to-use, and lyophilized immunodiagnostic reagent kits, as well as calibrators, controls, and calibration verification fluids; ImmunoCAP for allergy and asthma tests, and EliA for autoimmunity tests; dehydrated and prepared culture media, collection and transport systems, instrumentation, and consumables; human leukocyte antigen typing and testing for organ transplant market; and healthcare products. Its Laboratory Products and Services segment provides laboratory refrigerators and freezers, ultralow-temperature freezers, and cryopreservation storage tanks; temperature control, sample preparation and preservation, centrifugation, and biological safety cabinet products; water analysis instruments; laboratory plastics products; laboratory chemicals; and pharma services. The company offers products and services through a direct sales force, customer-service professionals, electronic commerce, third-party distributors, and catalogs. It has a strategic alliance with the University of California, San Francisco. The company was incorporated in 1956 and is based in Waltham, Massachusetts.

VREX

Varex Imaging Corporation

Varex Imaging Corporation designs and manufactures X-ray imaging components. The company operates in two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components comprising X-ray tubes, digital detectors, high voltage connectors, image-processing software and workstations, 3D reconstruction and computer-aided diagnostic software, collimators, automatic exposure control devices, generators, heat exchangers, ionization chambers, and buckys (a component of X-ray units that holds X-ray film cassettes). This segment's products are used in a range of applications, including radiographic and fluoroscopic imaging, mammography, computed tomography, radiation therapy, oncology, CT, cardiac, surgery, dental, computer-aided detection, and other diagnostic radiography uses. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital detectors, and high voltage connectors for use in security and industrial inspection applications, such as airport security, cargo screening at ports and borders, and nondestructive testing and examination in various applications. Varex Imaging Corporation sells its products through imaging system original equipment manufacturers, independent service companies, and distributors, as well as directly to end-users. The company has operations in North America, Latin America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Varex Imaging Corporation was founded in 2016 and is based in Salt Lake City, Utah.

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