Chemed Corporation (CHE)

Chemed Corporation (CHE) is a highly specialized holding company headquartered in Cincinnati, Ohio, that operates two market-leading subsidiaries: VITAS Healthcare and Roto-Rooter. Led by President and CEO Kevin McNamara, Chemed’s strategic mission is to "deliver superior shareholder value by managing and growing category-leading service businesses that provide essential, high-quality care and maintenance." The company holds a dominant industry position, with VITAS being the nation’s largest provider of end-of-life care and Roto-Rooter being the premier brand in residential and commercial plumbing and drain cleaning. The company’s vision is to maintain operational excellence in its core segments while utilizing its strong cash flow for aggressive share repurchases. In late 2025, CHE stock has reached an all-time high, with the CHE stock price reflecting consistent double-digit earnings growth and a highly resilient business model.

The business operations of Chemed Corporation are split between two vastly different but equally dominant segments. VITAS Healthcare focuses on hospice care, generating over $1.6 billion in annual revenue by serving over 19,000 patients daily. In 2025, VITAS saw a 10.5% revenue increase, supported by higher Medicare reimbursement rates and a surge in "Average Daily Census" (ADC). Roto-Rooter, meanwhile, dominates the plumbing sector with over $900 million in annual revenue and industry-leading EBITDA margins of 26%. The 2026 strategic roadmap focuses on "Labor Force Expansion" for VITAS and "Digital Lead Generation" for Roto-Rooter to further capture market share in fragmented urban markets. Chemed holds an "Essential Services Moat," as hospice care and emergency plumbing are recession-resistant services that consumers cannot defer. By repurchasing over $212 million in Chemed stock in a single quarter of 2025, the company continues to prove its status as a "Cannibal" stock that systematically reduces its share count to drive EPS growth.

Chemed Corporation (CHE) is listed on the New York Stock Exchange (NYSE), and for investors following CHE stock, the company’s ability to generate over $25.00 in annual adjusted EPS is a hallmark of its financial strength. The CHE stock price is known for its low volatility relative to the broader market, making it a favorite for "Quality" and "Low-Volatility" factor investors. As the company continues to benefit from the aging U.S. population (benefiting VITAS) and the aging infrastructure of American homes (benefiting Roto-Rooter), CHE stock remains a definitive "compounder" for long-term wealth creation.