Chemed (CHE) Operating Margin (2009 - 2026)
Chemed (CHE) recorded quarterly Operating Margin of 12.86% in Q1 2026, down 18.29% quarter-over-quarter from 15.74% in Q4 2025, and down 178.0% on a YoY basis from 16.49% in Q1 2025.
Chemed (CHE) Operating Margin (2009 - 2026) Analysis & Trends
Chemed's Operating Margin history runs 18 years deep, the most recent figure standing at 12.86% for Q1 2026.
- In Q1 2026, Operating Margin fell 178.0% year-over-year to 12.86%; the TTM figure through Mar 2026 stood at 12.91% (down 271.0% YoY), while the FY2025 annual figure was 13.37%, down 170.0% from the prior year.
- Operating Margin was 12.86% for Q1 2026 at Chemed, down from 15.74% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 19.01% in Q4 2023 to a low of 35.29% in Q4 2022.
- Historically, Operating Margin has averaged 11.79% across 5 years, with a median of 14.79% in 2024.
- Biggest YoY gain for Operating Margin was 5431 bps in 2023; the steepest drop was 475 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 35.29% in 2022, then soared by 154 bps to 19.01% in 2023, then slipped by 6 bps to 17.79% in 2024, then decreased by 12 bps to 15.74% in 2025, then retreated by 18 bps to 12.86% in 2026.
- The last three Operating Margin figures came in at 12.86% (Q1 2026), 15.74% (Q4 2025), and 11.96% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | -2.96% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 24.14% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 14.11% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 3.76% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 8.99% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 11.19% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | 9,308.50% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 12.86% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 8.45% |
| 10 | Concentra Group Holdings Parent | 3.59 Bn | 3.54 Bn | 170.47 Mn | 16.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.86% |
| Dec 31, 2025 | 15.74% |
| Sep 30, 2025 | 11.96% |
| Jun 30, 2025 | 11.00% |
| Mar 31, 2025 | 14.65% |
| Dec 31, 2024 | 17.79% |
| Sep 30, 2024 | 15.20% |
| Jun 30, 2024 | 14.79% |
| Mar 31, 2024 | 12.28% |
| Dec 31, 2023 | 19.01% |
| Sep 30, 2023 | 15.38% |
| Jun 30, 2023 | 12.55% |
| Mar 31, 2023 | 13.00% |
| Dec 31, 2022 | -35.29% |
| Sep 30, 2022 | 15.36% |
| Jun 30, 2022 | 17.30% |
| Mar 31, 2022 | 16.85% |
| Dec 31, 2021 | -31.69% |
| Sep 30, 2021 | 17.24% |
| Jun 30, 2021 | 13.47% |