Chemed (CHE) Gross Margin (2009 - 2026)
Chemed (CHE) recorded quarterly Gross Margin of 32.82% in Q1 2026, down 6.83% quarter-over-quarter from 35.22% in Q4 2025, and down 64.0% on a YoY basis from 91.15% in Q1 2025.
Chemed (CHE) Gross Margin (2009 - 2026) Analysis & Trends
Chemed's Gross Margin history runs 18 years deep, the most recent figure standing at 32.82% for Q1 2026.
- In Q1 2026, Gross Margin fell 64.0% year-over-year to 32.82%; the TTM figure through Mar 2026 stood at 32.38% (down 244.0% YoY), while the FY2025 annual figure was 32.54%, down 260.0% from the prior year.
- Gross Margin was 32.82% for Q1 2026 at Chemed, down from 35.22% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 38.84% in Q4 2023 to a low of 29.85% in Q2 2025.
- Historically, Gross Margin has averaged 34.56% across 5 years, with a median of 34.64% in 2024.
- The sharpest annual moves came in 2023 and 2025: Gross Margin surged 279 bps in 2023, then plunged 475 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 36.05% in 2022, then rose by 8 bps to 38.84% in 2023, then decreased by 6 bps to 36.58% in 2024, then slipped by 4 bps to 35.22% in 2025, then dropped by 7 bps to 32.82% in 2026.
- The last three Gross Margin figures came in at 32.82% (Q1 2026), 35.22% (Q4 2025), and 31.51% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 85.07% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 82.10% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 31.42% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 84.75% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 21.12% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 71.44% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | -18,654.20% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 32.82% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 24.35% |
| 10 | Concentra Group Holdings Parent | 3.59 Bn | 3.54 Bn | 170.47 Mn | 29.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.82% |
| Dec 31, 2025 | 35.22% |
| Sep 30, 2025 | 31.51% |
| Jun 30, 2025 | 29.85% |
| Mar 31, 2025 | 33.45% |
| Dec 31, 2024 | 36.58% |
| Sep 30, 2024 | 34.64% |
| Jun 30, 2024 | 34.59% |
| Mar 31, 2024 | 34.64% |
| Dec 31, 2023 | 38.84% |
| Sep 30, 2023 | 35.81% |
| Jun 30, 2023 | 32.43% |
| Mar 31, 2023 | 33.82% |
| Dec 31, 2022 | 36.05% |
| Sep 30, 2022 | 34.10% |
| Jun 30, 2022 | 36.60% |
| Mar 31, 2022 | 36.57% |
| Dec 31, 2021 | 37.83% |
| Sep 30, 2021 | 36.48% |
| Jun 30, 2021 | 34.15% |