Segments And Nature Of The Business (Tables)

12 Months Ended

Dec. 31, 2024


					Reportable				Chemed
2024 (in thousands)	VITAS		Roto-Rooter		Segments		Corporate		Consolidated
Service revenues and sales	$	1,530,978	$	900,309	$	2,431,287	$	-	$	2,431,287

Cost of services provided and goods sold
(excluding depreciation)
Wages		860,025		303,458		1,163,483		-		1,163,483
Patient care expense		148,165		-		148,165		-		148,165
Other expenses		138,613		126,678		265,291		-		265,291
Total cost of services provided and goods sold	$	1,146,803	$	430,136	$	1,576,939	$	-	$	1,576,939

Selling, general and administrative expense
Wages		69,139		81,519		150,658		17,132		167,790
Advertising		-		73,147		73,147		-		73,147
Stock compensation		-		-		-		52,185		52,185
Other expenses		30,425		78,186		108,611		22,627		131,238
Total selling, general and administrative expense		99,564		232,852		332,416		91,944		424,360

Depreciation		20,362		32,452		52,814		50		52,864
Amortization		105		10,080		10,185		-		10,185
Other operating expense		178		268		446		-		446
Total costs and expenses		1,267,012		705,788		1,972,800		91,994		2,064,794
Income/(loss) from operations		263,966		194,521		458,487		(91,994)		366,493

Interest expense		(171)		(431)		(602)		(1,178)		(1,780)
Intercompany interest income/(expense)		20,211		14,397		34,608		(34,608)		-
Other income - net		227		69		296		34,456		34,752
Income/(expense) before income taxes		284,233		208,556		492,789		(93,324)		399,465
Income taxes		(67,414)		(48,510)		(115,924)		18,458		(97,466)
Net income/(loss)	$	216,819	$	160,046	$	376,865	$	(74,866)	$	301,999


Identifiable assets	$	839,568	$	529,076	$	1,368,644	$	299,931	$	1,668,575

Additions to long-lived assets	$	108,629	$	38,274	$	146,903	$	275	$	147,178

‎


					Reportable				Chemed
2023 (in thousands)	VITAS		Roto-Rooter		Segments		Corporate		Consolidated
Service revenues and sales	$	1,315,065	$	949,352	$	2,264,417	$	-	$	2,264,417

Cost of services provided and goods sold
(excluding depreciation)
Wages		766,264		307,160		1,073,424		-		1,073,424
Patient care expense		126,259		-		126,259		-		126,259
Other expenses		125,100		140,819		265,919		-		265,919
Total cost of services provided and good sold	$	1,017,623	$	447,979	$	1,465,602	$	-	$	1,465,602

Selling, general and administrative expense
Wages		62,503		83,070		145,573		17,993		163,566
Advertising		-		67,709		67,709		-		67,709
Stock compensation		-		-		-		41,771		41,771
Other expenses		30,793		80,808		111,601		10,473		122,074
Total selling, general and administrative expense		93,296		231,587		324,883		70,237		395,120

Depreciation		19,959		30,790		50,749		53		50,802
Amortization		104		9,959		10,063		-		10,063
Other operating expense		(12)		2,273		2,261		-		2,261
Total costs and expenses		1,130,970		722,588		1,853,558		70,290		1,923,848
Income/(loss) from operations		184,095		226,764		410,859		(70,290)		340,569

Interest expense		(180)		(442)		(622)		(2,486)		(3,108)
Intercompany interest income/(expense)		19,400		11,918		31,318		(31,318)		-
Other income - net		1,309		126		1,435		11,471		12,906
Income/(expense) before income taxes		204,624		238,366		442,990		(92,623)		350,367
Income taxes		(46,115)		(50,125)		(96,240)		18,382		(77,858)
Net income/(loss)	$	158,509	$	188,241	$	346,750	$	(74,241)	$	272,509


Identifiable assets	$	778,950	$	523,450	$	1,302,400	$	365,695	$	1,668,095

Additions to long-lived assets	$	17,450	$	43,514	$	60,964	$	274	$	61,238

‎


					Reportable				Chemed
2022 (in thousands)	VITAS		Roto-Rooter		Segments		Corporate		Consolidated
Service revenues and sales	$	1,201,564	$	933,399	$	2,134,963	$	-	$	2,134,963

Cost of services provided and goods sold
(excluding depreciation)
Wages		694,419		301,680		996,099		-		996,099
Patient care expense		116,343		-		116,343		-		116,343
Other expenses		121,099		136,336		257,435		-		257,435
Total cost of services provided and goods sold	$	931,861	$	438,016	$	1,369,877	$	-	$	1,369,877

Selling, general and administrative expense
Wages		55,416		82,404		137,820		17,551		155,371
Advertising		-		61,630		61,630		-		61,630
Stock compensation		-		-		-		34,055		34,055
Other expenses		33,771		78,223		111,994		(4,323)		107,671
Total selling, general and administrative expense		89,187		222,257		311,444		47,283		358,727

Depreciation		21,955		27,075		49,030		72		49,102
Amortization		101		9,969		10,070		-		10,070
Other operating expense		3,337		354		3,691		-		3,691
Total costs and expenses		1,046,441		697,671		1,744,112		47,355		1,791,467
Income/(loss) from operations		155,123		235,728		390,851		(47,355)		343,496

Interest expense		(172)		(396)		(568)		(4,016)		(4,584)
Intercompany interest income/(expense)		18,901		9,345		28,246		(28,246)		-
Other income - net		600		138		738		(9,971)		(9,233)
Income/(expense) before income taxes		174,452		244,815		419,267		(89,588)		329,679
Income taxes		(43,000)		(58,695)		(101,695)		21,640		(80,055)
Net income/(loss)	$	131,452	$	186,120	$	317,572	$	(67,948)	$	249,624


Identifiable assets	$	750,483	$	512,424	$	1,262,907	$	179,105	$	1,442,012

Additions to long-lived assets	$	22,580	$	39,111	$	61,691	$	177	$	61,868