Chemed Corp (CHE)

Operating profit margin

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Operating income (ttm)	US$ in thousands	408,038	366,493	364,009	358,702	340,083	340,569	310,502	304,509	326,941	343,496	360,198	372,210	351,971	343,038	388,258	369,697	390,758	389,680	323,883	314,503
Revenue (ttm)	US$ in thousands	2,482,047	2,431,287	2,377,206	2,335,557	2,293,493	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
Operating profit margin		16.44%	15.07%	15.31%	15.36%	14.83%	15.04%	13.95%	13.92%	15.10%	16.09%	16.92%	17.38%	16.43%	16.04%	18.21%	17.43%	18.69%	18.74%	15.66%	15.56%

March 31, 2025 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $408,038K ÷ $2,482,047K
= 16.44%

Chemed Corp's operating profit margin has shown some fluctuations over the past few years. It started at 15.56% in June 30, 2020, and experienced some minor fluctuations until reaching its highest point of 18.74% on December 31, 2020. Subsequently, the margin decreased slightly but remained relatively stable around the mid to high 15% range until June 30, 2022, where it increased to 17.38%.

Thereafter, the operating profit margin fluctuated, reaching a low of 13.92% on June 30, 2023, before gradually recovering to 16.44% on March 31, 2025.

Overall, the changes in Chemed Corp's operating profit margin indicate some variability in its operational efficiency and profitability over the period analyzed. It is important for stakeholders to closely monitor these fluctuations to assess the company's financial health and performance.