Chemed Corporation CHE

Company Overview

Chemed Corporation is a publicly traded holding company that operates primarily in the healthcare services and residential and commercial services industries. The company generates substantially all of its revenue through two wholly owned subsidiaries: VITAS Healthcare and Roto-Rooter. Chemed’s business model focuses on owning market-leading service businesses with strong brand recognition, recurring demand, and significant cash flow generation.

The company traces its origins to 1970, when it was established as an investment and holding company. Over time, Chemed transitioned away from diversified investments to focus on operating subsidiaries. The acquisition of Roto-Rooter in 1980 and VITAS Healthcare in 1999 fundamentally reshaped the company, establishing its current two-segment structure. Today, Chemed is positioned as a niche operator with leadership positions in U.S. hospice care and plumbing and drain services.