Chemed Corporation Overview
Pro stress-test →Chemed Corporation, listed on the New York Stock Exchange and headquartered in Cincinnati, Ohio, operates two wholly owned subsidiaries: VITAS Healthcare Corporation, one of the nation's largest providers of end-of-life hospice care, and Roto-Rooter, the nation's leading provider of plumbing, drain cleaning and water cleanup services. This unique duality creates a diversified, recession-resistant business model balancing stable healthcare services with essential home services.
Strategic Profile
Pro stress-test →The company's business model combines stable, recession-resistant services in two distinct industries, providing diversification and consistent financial performance. Chemed reported service revenues and sales of $624.9 million for the third quarter of 2025 alone, with the majority of Chemed's revenue coming from its hospice operations, with total consolidated revenue of $624.9 million, with Vitas Healthcare contributing nearly two-thirds of that total.
Competitive Landscape
Pro stress-test →In the healthcare domain, VITAS differentiates through a holistic care model integrating medical, emotional, and social support. In the infrastructure space, Roto-Rooter outperforms through its expansive service network and rapid response capabilities, presenting competitive differentiation rooted in technical expertise and operational scale. Primary competitors include regional hospice providers and franchised plumbing networks.
Industry Context
Chemed Corporation operates in Diversified: Healthcare Services (Hospice Care) and Home Services (Plumbing & Drain Cleaning).
Key facts
Founded: 1970 · Headquarters: Cincinnati, Ohio · Employees: 15,695 · Revenue: $2.5B · Market cap: $8.4B