Chemed Corp (CHE)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 17.38% | 16.48% | 16.44% | 17.63% | 18.56% | 19.20% | 19.64% | 18.76% | 18.37% | 18.39% | 18.17% | 17.36% | 17.37% | 16.89% | 16.04% | 16.80% | 15.86% | 15.80% | 15.90% | 15.63% |
| Operating profit margin | 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% | 14.42% | 13.28% | 13.20% | 13.29% | 13.11% |
| Pretax margin | 15.47% | 14.25% | 13.73% | 14.61% | 15.44% | 16.13% | 16.92% | 16.40% | 16.38% | 18.77% | 18.21% | 19.64% | 19.04% | 15.94% | 15.59% | 14.04% | 13.50% | 13.07% | 13.11% | 12.97% |
| 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% |
Chemed Corp.'s profitability ratios have exhibited some fluctuations over the past eight quarters. The gross profit margin, indicating efficiency in production and cost management, has generally ranged between 34% and 36%, with a slight downward trend in recent quarters. This suggests that the company may be experiencing some challenges in maintaining profitability at the gross level.
The operating profit margin, reflecting the company's ability to control operating expenses, has also shown variability, hovering around 14% to 17%. There seems to be a decreasing trend in this margin, which could indicate that Chemed Corp. is facing higher operating costs or operational inefficiencies.
The pretax margin, which shows the proportion of earnings before taxes to total revenue, has exhibited fluctuations between 13% and 17%. This margin has also experienced a slight decline over the quarters, suggesting that factors such as taxes or non-operational expenses may be impacting the company's overall profitability.
The net profit margin, representing the company's bottom-line profitability after all expenses have been deducted, has varied between 10% and 12%. Similarly to other margins, there seems to be a downward trend in net profit margin, indicating that Chemed Corp. may be facing challenges in generating profits after accounting for all expenses.
Overall, Chemed Corp.'s profitability ratios have shown some inconsistencies and potential downward trends in recent quarters, highlighting the need for the company to closely monitor its costs, expenses, and overall operational efficiency to sustain and improve its profitability in the future.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 20.42% | 19.88% | 20.23% | 22.84% | 23.82% | 26.56% | 28.35% | 26.96% | 25.55% | 29.46% | 26.72% | 26.80% | 27.16% | 23.69% | 24.36% | 22.49% | 20.29% | 20.06% | 22.31% | 22.13% |
| Return on assets (ROA) | 16.34% | 15.66% | 15.05% | 16.74% | 17.31% | 19.33% | 21.12% | 20.47% | 20.00% | 23.34% | 21.92% | 22.56% | 22.26% | 19.85% | 20.33% | 18.09% | 17.34% | 16.93% | 18.37% | 19.18% |
| Return on total capital | 31.91% | 31.55% | 32.10% | 35.87% | 37.51% | 42.45% | 45.83% | 44.95% | 43.57% | 51.52% | 44.52% | 44.41% | 44.20% | 41.54% | 42.48% | 33.68% | 32.59% | 31.08% | 34.89% | 34.75% |
| Return on equity (ROE) | 24.60% | 24.00% | 23.79% | 27.22% | 31.25% | 36.33% | 40.48% | 40.10% | 43.09% | 39.46% | 34.84% | 35.42% | 35.45% | 33.85% | 34.97% | 33.81% | 30.27% | 31.03% | 32.49% | 34.90% |
Chemed Corp. has demonstrated consistent profitability over the past eight quarters, as evidenced by its strong profitability ratios. The operating return on assets (Operating ROA) has shown a relatively stable trend, ranging from 20.28% to 26.98% throughout the period. This indicates that Chemed Corp. is effectively generating operating income relative to its total assets.
The return on assets (ROA) has also remained robust, with values fluctuating between 15.05% and 19.33% over the same period. This ratio reflects Chemed Corp.'s ability to generate profit from its assets efficiently.
Furthermore, the return on total capital has exhibited a strong upward trend, increasing from 30.94% to a peak of 46.39% over the eight quarters. This metric indicates the company's capacity to generate a return for both debt and equity providers.
Lastly, the return on equity (ROE) has shown consistent profitability, though with some fluctuations, ranging from 23.79% to 40.48%. This ratio underscores Chemed Corp.'s ability to generate a return for its shareholders' equity investments.
Overall, Chemed Corp. has delivered solid profitability performance across these key ratios, reflecting efficient utilization of assets and capital to generate returns for both investors and the business itself.