Chemed Corp (CHE)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 272,509 | 244,582 | 226,497 | 239,576 | 249,624 | 262,123 | 277,253 | 267,319 | 268,550 | 307,677 | 303,396 | 328,975 | 319,466 | 271,294 | 262,519 | 231,147 | 219,923 | 208,671 | 200,973 | 205,215 |
| Revenue (ttm) | US$ in thousands | 2,264,417 | 2,225,159 | 2,187,099 | 2,164,571 | 2,134,963 | 2,129,287 | 2,141,482 | 2,142,450 | 2,139,261 | 2,131,572 | 2,121,202 | 2,091,145 | 2,079,583 | 2,068,618 | 2,020,934 | 1,992,319 | 1,938,555 | 1,873,739 | 1,837,277 | 1,805,506 |
| Net profit margin | 12.03% | 10.99% | 10.36% | 11.07% | 11.69% | 12.31% | 12.95% | 12.48% | 12.55% | 14.43% | 14.30% | 15.73% | 15.36% | 13.11% | 12.99% | 11.60% | 11.34% | 11.14% | 10.94% | 11.37% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $272,509K ÷ $2,264,417K
= 12.03%
Chemed Corp.'s net profit margin has shown fluctuations over the past eight quarters, ranging from a low of 10.36% in Q2 2023 to a high of 12.95% in Q2 2022. The net profit margin measures the percentage of revenue that translates into profit after accounting for all expenses. A higher net profit margin indicates better efficiency in controlling costs and generating profit from sales. The trend in Chemed Corp.'s net profit margin shows some variability, potentially influenced by factors such as changes in revenue, operating expenses, or one-time events impacting profitability. Overall, maintaining a net profit margin above 10% is considered respectable and signifies the company's ability to generate profit relative to its revenue.
Peer comparison
Dec 31, 2023