Business Description

Chemed Corp, founded in 1968 and headquartered in Cincinnati, Ohio, United States, operates through its two primary segments: VITAS Healthcare, which provides hospice and palliative care services, and Roto-Rooter, known for emergency plumbing services. Led by CEO John Z. Block since 2015, the company has achieved notable market positions with approximately 20% of the U.S. hospice care market and an estimated 40% share in plumbing repairs nationally. It generates revenue from a diversified customer base through efficient, scale-driven operations. Future investments in technology and network expansion are set to drive its continued growth.

Everything on Chemed Corp

Revenue (FY2025) $2.53B
YoY growth +4.1%
Operating margin 13.4%
Direction Expanding
Gross margin 32.5%
Net margin 10.5%

Earnings Transcripts

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Leadership & board

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Kevin J. McNamara — President and Chief Executive Officer; Director View full profile ↗ Ron DeLyons — Director View full profile ↗ Patrick P. Grace — Director View full profile ↗ Christopher J. Heaney — Director View full profile ↗ Thomas C. Hutton — Vice President; Director View full profile ↗ Andrea R. Lindell — Director View full profile ↗ Eileen P. McCarthy — Director View full profile ↗ John M. Mount, Jr. — Director View full profile ↗ George J. Walsh III — Chairman of the Board; Director View full profile ↗ Michael D. Witzeman — Executive Vice President, Chief Financial Officer and Controller View full profile ↗ Joel L. Wherley — President and Chief Executive Officer of VITAS View full profile ↗ Spencer S. Lee — Executive Vice President View full profile ↗ Brian C. Judkins — Vice President, Secretary and Chief Legal Officer View full profile ↗ Nicholas M. Westfall — Former Executive Vice President View full profile ↗
Chemed Corp acquires VITAS Healthcare Corporation — VITAS Healthcare (hospice / end-of-life care) · 2004 View full deal ↗ Chemed Corp acquires HSW RR, Inc. (Roto-Rooter franchises) and Western Drain Supply — Roto-Rooter (plumbing and drain cleaning) · 2019 View full deal ↗ Chemed Corp acquires Covenant Health and Community Services, Inc. (d/b/a Covenant Care) hospice operations — VITAS Healthcare (hospice / end-of-life care) · 2024 View full deal ↗ Chemed Corp acquires 2018 cohort: four former Roto-Rooter franchisees + one VITAS Florida hospice — Roto-Rooter and VITAS Healthcare · 2018 View full deal ↗ Chemed Corp acquires 2022-2025 cohort: Roto-Rooter franchise tuck-ins + one VITAS Florida hospice — Roto-Rooter and VITAS Healthcare · 2022 View full deal ↗ Chemed Corp acquires San Francisco, California and Fort Worth, Texas Roto-Rooter franchises — Roto-Rooter (plumbing, drain cleaning and water restoration) · 2026 View full deal ↗ Chemed Corp acquires Roto-Rooter franchise (Oakland, California) — Roto-Rooter (plumbing and drain cleaning) · 2019 View full deal ↗ Chemed Corp acquires Roto-Rooter franchise (Bloomington, Indiana) — Roto-Rooter (plumbing and drain cleaning) · 2020 View full deal ↗

Share Repurchase Program

Total authorized
$300.0 million additional authorized in February 2026 under the February 2011 Repurchase Program
Remaining (As of March 31, 2026)
$229.6 million
Latest FY repurchased
$431.5 million (FY2025)

Customer Concentration

Over 90% of VITAS' revenue is from the United States government through the Medicare program.

Recent SEC Filings

2026-05-19 Shareholder vote results View filing ↗
2026-04-23 Reported quarterly results View filing ↗
2026-04-13 Entered a material agreement (+1 more) View filing ↗
2026-02-25 Reported quarterly results View filing ↗
2025-10-28 Reported quarterly results View filing ↗
2025-07-29 Reported quarterly results (+1 more) View filing ↗
2025-06-27 Regulation FD disclosure View filing ↗
2025-05-20 Shareholder vote results View filing ↗
2025-04-23 Reported quarterly results View filing ↗
2025-02-26 Reported quarterly results View filing ↗
2024-10-29 Reported quarterly results View filing ↗
2024-07-24 Reported quarterly results View filing ↗

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