Key Statistics
EV/EBIT = 22.4x
ROE = 27.12%
Debt/Equity = 13%
FCF Yield = 4.3%
Dividend Yield = .34%
Market Cap = $8.82 billion
The Company
Chemed Corporation operates two primary business segments: VITAS Healthcare and Roto-Rooter. Each of these companies serves a distinct industry—healthcare and home services—allowing Chemed to maintain a diversified business model grounded in essential services with consistent demand.
VITAS Healthcare focuses on hospice and palliative care, providing end-of-life services to patients with serious illnesses. Its mission is centered around offering compassionate, patient-centered care, delivered through an interdisciplinary team of nurses, physicians, social workers, aides, and volunteers.
VITAS not only supports patients during their final stages of life but also helps families navigate the emotional and medical complexities that come with terminal diagnoses.
Roto-Rooter, a name nearly synonymous with plumbing and drain services in the U.S., offers plumbing, sewer, drain cleaning, and water restoration services to both residential and commercial clients.
Roto-Rooter, established in 1935, has grown to become one of the most recognized plumbing service brands in the country. Chemed acquired the company in 1980, recognizing its iconic name and the reliable demand for emergency and routine plumbing services. Over the years, Roto-Rooter expanded its offerings to include excavation, water damage remediation, and other related property maintenance services. The company operates through a combination of company-owned branches, franchises, and independent contractors, allowing for broad market coverage and operational flexibility.
VITAS, founded in 1978, joined the Chemed portfolio in 2004. VITAS has grown into one of the nation’s leading hospice care providers, operating across numerous states and serving thousands of patients annually. Its care model emphasizes comfort, dignity, and quality of life, focusing on managing symptoms rather than curing disease. Services are personalized and delivered wherever the patient resides—whether at home, in a nursing home, or a hospital.