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Chemed CHE Charity Care — Accounts Receivable Sale

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POS
POSTWeetabix Segment — Accounts Receivable, Sale
$24.25M+1.5%
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HCACharity Care
$5.32B+29.3%
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UHSCharity Care — Uncompensated Care
$246.06M+20.1%
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UHSCharity Care — Percentage Of Uncompensated Care
6.3%+0.5pp
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UHSCharity Care — Estimated Cost Of Uncompensated Care
$21.94M+16.7%
ARD
ARDTHealth Care, Patient Service — Charity care program, costs
$7.8M-4.9%

Other financials

Income statement

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Revenue$673.3M+8.8%
Gross profit$221.5M+19.9%
Operating income$89.2M+31.0%
Net income$67.7M+29.0%
EPS (diluted)$5.13+43.7%

Balance sheet

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Cash & equivalents$40.2M-83.9%
Total debt$181.3M+24.5%
Total equity$830.5M-30.7%
Total assets$1.6B-8.0%

Cash flow

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Operating cash flow$84.8M-38.8%
CapEx$15.5M-1.8%
Free cash flow$69.3M-43.6%

Valuation

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Market cap$7.18B+14.9%
Enterprise value$7.32B+19.1%
P/E26.1×+4.6×
P/S2.8×+0.3×

Profitability

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Gross margin33.1%-0.5pp
Operating margin13.5%-1.2pp
Net margin10.6%-1.0pp
FCF margin12.5%-2.3pp

Returns & leverage

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Return on equity27.1%+3.0pp
Debt / equity0.2×+0.1×
Current ratio0.9×-1.0×

Where this comes from

Reported directly by Chemed in its filing.

Tagged under the XBRL concept us-gaap:AccountsReceivableSale.

The source filing: Chemed’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 9:36 AM EST
Fiscal year
FY2025
Accession
0001562762-26-000020

Care is provided to patients regardless of their ability to pay. Patients who meet our criteria for charity care are provided care without charge. There is no revenue or associated accounts receivable in the accompanying consolidated financial statements related to charity care. The cost of providing charity care during the years ended December 31, 2025, 2024 and 2023, was $8.6 million, $9.2 million and $8.1 million, respectively and is included in cost of services provided and goods sold. The cost of charity care is calculated by taking the ratio of charity care days to total days of care and multiplying by total cost of care.

Item 16. Form 10-K Summary

FAQ

What is Chemed's charity care — accounts receivable sale?
Chemed (CHE) reported charity care — accounts receivable sale of $0 in Q4 2025.
What does charity care — accounts receivable sale mean?
This metric measures the proceeds received from the sale or factoring of accounts receivable specifically associated with the charity care segment. It indicates the company's strategy for managing liquidity and accelerating cash flow by offloading outstanding patient balances to third-party financial institutions. A focus on this metric provides insight into the company's working capital management and its reliance on external financing to mitigate credit risk within its service segments.

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