Chemed Corp (CHE)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 301,999 | 272,509 | 249,624 | 268,550 | 319,466 |
| Revenue | US$ in thousands | 2,431,290 | 2,264,420 | 2,134,960 | 2,139,260 | 2,079,580 |
| Net profit margin | 12.42% | 12.03% | 11.69% | 12.55% | 15.36% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $301,999K ÷ $2,431,290K
= 12.42%
The net profit margin for Chemed Corp has shown a gradual decline over the five-year period from December 31, 2020, to December 31, 2024. Starting at 15.36% in 2020, the net profit margin decreased to 12.55% in 2021, followed by further declines to 11.69% in 2022. There was a slight improvement in 2023 to 12.03%, but it fell back to 12.42% in 2024.
This decreasing trend in net profit margin could indicate potential challenges in controlling costs relative to revenue generation or increasing competition impacting profitability. It would be important for Chemed Corp to closely monitor its cost structure and revenue streams to sustain and improve its profitability levels in the future.
Peer comparison
Dec 31, 2024