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Chemed Corporation  (CHE)
Other Ticker:  
 
    Sector  Healthcare    Industry Healthcare Facilities
   Industry Healthcare Facilities
   Sector  Healthcare
 
Price: $600.2700 $10.39 1.761%
Day's High: $601.875 Week Perf: 2.19 %
Day's Low: $ 592.55 30 Day Perf: 4.44 %
Volume (M): 45 52 Wk High: $ 654.62
Volume (M$): $ 26,712 52 Wk Avg: $579.04
Open: $592.55 52 Wk Low: $502.64



 Market Capitalization (Millions $) 9,155
 Shares Outstanding (Millions) 15
 Employees 15,087
 Revenues (TTM) (Millions $) 2,336
 Net Income (TTM) (Millions $) 301
 Cash Flow (TTM) (Millions $) 63
 Capital Exp. (TTM) (Millions $) 47

Chemed Corporation
Chemed Corporation is a publicly traded, Fortune 1000 company based in Cincinnati, Ohio. The main business of Chemed Corporation is the provision of healthcare and hospice services to patients across the United States through its subsidiaries, VITAS Healthcare and Roto-Rooter.

VITAS Healthcare is the leading provider of hospice care in the United States, operating in 14 states and the District of Columbia. VITAS provides compassionate end-of-life care to terminally ill patients and their families, including medical treatment, pain management, emotional support, and spiritual care.

Roto-Rooter is the largest plumbing and drain cleaning service provider in North America, operating in nearly all 50 states and parts of Canada. Roto-Rooter offers a variety of plumbing and drain cleaning services, including sewer line inspections, drain cleaning, toilet repair, water heater repair and installation, and emergency plumbing services.

Chemed Corporation was founded in 1970 and has grown to become a leading provider of healthcare and plumbing services in the United States. The company employs over 12,000 people and generated over $4 billion in revenue in 2020.

Chemed Corporation is committed to delivering high-quality, compassionate care to patients and families in need, as well as providing reliable and efficient plumbing services to customers. The company is consistently recognized for its dedication to customer service, innovation, and corporate responsibility.


   Company Address: 255 E. Fifth Street Cincinnati 45202 OH
   Company Phone Number: 762-6690   Stock Exchange / Ticker: NYSE CHE


   

Stock Performances by Major Competitors

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Dividend

Chemed Corporation Boosts Dividend by 25%: A Clear Signal of Strength and Growth

Published Tue, Aug 6 2024 12:06 AM UTC



Chemed Corporation: A 25% Dividend Boost Signals Growth Trajectory
In an announcement that is sure to resonate positively with shareholders and investors alike, Chemed Corporation (NYSE: CHE) declared a quarterly cash dividend of 50 cents per share, set to be paid on August 30, 2024. This marks a significant increase of 25% over the previous quarterly dividend...

Dividend

Dividends on the Rise: Chemed Corporation Celebrates Strong Performance with 25% Increase for Shareholders

Published Sun, Aug 4 2024 7:36 AM UTC



Chemed Corporation Boosts Shareholder Confidence with Quarterly Dividend Increase
Cincinnati, OH ?? In a move that underscores its commitment to enhancing shareholder value, Chemed Corporation (NYSE: CHE) announced today a substantial raise in its quarterly cash dividend, now set at 50 cents per share. This increase marks a 25% jump from the previous payout of...

Dividend

Chemed Corporation Boosts Dividend to $0.50 as Earnings Surge

Published Fri, Aug 2 2024 9:07 PM UTC

Chemed Corporation Increases Quarterly Dividend Amid Rising Earnings
CINCINNATI ?? Chemed Corporation (NYSE: CHE) has announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share on the company's capital stock. This dividend is payable on August 30, 2024, to shareholders on record as of August 12, 2024. Notably, this marks a significant...

Chemed Corporation

Chemed Corporation Sees Steady Growth in Recent Fiscal Period


Chemed Corporation's Financial Performance and Strategic Expansion
CINCINNATI ? Chemed Corporation (NYSE: CHE) plans to release its financial results for the second quarter ended June 30, 2024, on Wednesday, July 24, 2024, following the close of trading on the New York Stock Exchange. Investors and analysts will have an opportunity to hear from the company firsthand during a conference call and webcast at 10 a.m. ET on Thursday, July 25, 2024. Chemed's leadership will discuss its quarterly results and provide updates on ongoing business initiatives, emphasizing their commitment to transparency and stakeholder communication.


Revenue Growth and Financial Highlights
In the second quarter, Chemed Corporation reported a revenue increase of approximately 7.6%, up to $595.88 million, compared to $553.82 million in the same period last year. This growth, while notable, lags behind the average revenue growth of 10.39% reported by peers in the healthcare facilities industry. Chemed?s income also saw a significant rise, improving by 32.5% to $4.65 per share, compared to $3.51 in the prior year?s quarter. The company?s net profits for Q2 2024 reached $70.89 million, reflecting a robust 32.8% growth from the previous year.

Chemed Corporation

Chemed Corporation Achieves Double Digit Earnings per Share Growth by 18.44 % Amid Recent Fiscal Period2.

Chemed Corporation is a diversified healthcare facilities company based in Cincinnati, Ohio. The company operates in two segments: VITAS Healthcare and Roto-Rooter. VITAS Healthcare provides hospice and palliative care services, while Roto-Rooter offers plumbing and drain cleaning services. Chemed's commitment to high-quality care and maintenance solutions has enabled it to grow its revenue significantly over the years.
In the most recent fiscal period, Chemed Corporation reported a 5.191% increase in revenue to $589.23 million, compared to $560.16 million in the prior year reporting season. Income also saw a significant increase of 18.44% to $4.24 per share, up from $3.58 in the previous year. Despite this growth, Chemed Corporation's business growth lagged behind the Healthcare Facilities industry contemporaries, with an average increase of 7.34% compared to the corresponding period a year earlier.
Chemed Corporation's net profits also increased by 20.13% to $65.017 million in the most recent fiscal period, up from $54.121 million in the prior year. However, the operating margin fell to 12.28%, while the net margin improved to 11.03%. Operating earnings declined by -0.67% to $72.333 million, squeezing the operating margin from 13% in the first quarter of 2023. Inventories declined to $10.7 million, though this was higher than the same period a year ago. Accounts receivable also decreased to $177.3 million, but this was higher than during the same time last year.







Chemed's Segments
Roto-Rooter    59.09 % of total Revenue
Roto-Rooter Drain cleaning    15.45 % of total Revenue
Roto-Rooter Plumbing    12.29 % of total Revenue
Roto-Rooter Excavation    14.87 % of total Revenue
Roto-Rooter Other    1.57 % of total Revenue
Roto-Rooter Short-Term Core    42.67 % of total Revenue
Roto-Rooter Water Restoration    11.42 % of total Revenue
Roto-Rooter Independent Contractors    4.87 % of total Revenue
Roto-Rooter Franchisee Fees    0.37 % of total Revenue





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