CHE Chemed margins

?
Relative Growth: Rel. Growth: 54
Relative Strength: Rel. Strength: 74
Relative Valuation: Rel. Valuation: 49
Relative Profitability: Rel. Profitability: 71
Gross margin
33.6%
Operating margin
13.9%
EBITDA margin
17.1%
Net margin
10.6%

Currently, Chemed has a gross margin of 33.6%, an operating margin of 13.9%, an EBITDA margin of 17.1%, and a net margin of 10.6%. The largest positive change was in gross margin, up 0.6 percentage points. The largest negative change was in net margin, down 0.4 percentage points.

CHE margin history

Gross, operating, EBITDA and net margin trends

Chemed's margins averaged 34.23% gross, 14.46% operating, 18.01% EBITDA, and 11.61% net during the last 3 years. All four current margins are lower than their three-year averages.

CHE margin expansion

Year-over-year margin changes in percentage points

From the same period last year, gross margin expanded by 0.6 percentage points, while EBITDA margin contracted by 0.1 percentage points and net margin by 0.4 percentage points.

Gross margin expansion
0.6pp
Operating margin expansion
0pp
EBITDA margin expansion
-0.1pp
Net margin expansion
-0.4pp

CHE Gross margin

Over the last 3 years, Chemed's gross margin averaged 34.23%. The current gross margin of 33.6% is 0.6 percentage points below its three-year average. During this period, gross margin reached a high of 36% in Jun 2024 and a low of 32.5% in Dec 2025.

CHE Operating margin

The average operating margin for Chemed was 14.46% over the last 3 years. As of the latest period, the current operating margin for Chemed is 13.9%, 0.6 percentage points below its three-year average. The operating margin for Chemed moved between 12.9% in Mar 2026 and 15.6% in Mar 2025.

CHE EBITDA margin

The average EBITDA margin for Chemed was 18.01% over the last 3 years. Chemed's current EBITDA margin is 17.1% and is 0.9 percentage points below its three-year average. The EBITDA margin for Chemed moved between 16.4% in Mar 2026 and 19.3% in Sep 2024.

CHE Net margin

Across the last 3 years, Chemed had an average net margin of 11.61%. The latest net margin for Chemed is 10.6%, 1 percentage points below its three-year average. Looking back over the last 3 years, Chemed's net margin reached 12.9% at its highest point in Jun 2024 and 10.2% at its lowest in Mar 2026.

CHE margin group comparison

Margins compared with peer-group, industry and sector averages

Chemed's gross margin of 33.6% is above the industry average but below the Healthcare sector average. Compared to its Healthcare sector average of 68.3%, Chemed's gross margin is 51% lower.

CHE margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Chemed's gross margin?

For the period ending Sep 30, 2026, CHE recorded a gross margin of 33.6%.

What is Chemed's operating margin?

The current operating margin for CHE is 13.9% as of Sep 30, 2026.

What is Chemed's EBITDA margin?

For the period ending Sep 30, 2026, CHE recorded an EBITDA margin of 17.1%.

What is Chemed's net margin?

As of Sep 30, 2026, CHE has a net margin of 10.6%.

What are the average margins of CHE?

Across the last 3 years, CHE averaged 34.2% gross, 14.5% operating, 18.0% EBITDA, and 11.6% net.

What are the highest historical margins of CHE?

Over this 5-year history, CHE peaked at 36.9% gross in Jun 2022, 17.4% operating in Jun 2022, 19.8% EBITDA in Jun 2022, and 12.9% net in Jun 2024.

What are the lowest historical margins of CHE?

Chemed's lowest recorded margins during the past 5 years were 32.5% gross in Dec 2025, 12.9% operating in Mar 2026, 16.4% EBITDA in Mar 2026, and 10.2% net in Mar 2026.