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Chemed CHE Segment Vitas — Medicare Cap Liability

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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 che:MedicareCapLiability.

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

At December 31, 2025 and 2024, the Medicare cap liability included in other current liabilities on the accompanying balance sheets was $30.9 million and $13.6 million, respectively.

Item 16. Form 10-K Summary

FAQ

What is Chemed's segment vitas — medicare cap liability?
Chemed (CHE) reported segment vitas — medicare cap liability of $30.9M in Q4 2025.
How has Chemed's segment vitas — medicare cap liability changed year-over-year?
Chemed's segment vitas — medicare cap liability increased by 127.2% year-over-year, from $13.6M to $30.9M.
What does segment vitas — medicare cap liability mean?
Represents the estimated liability for hospice care payments that exceed the annual Medicare reimbursement caps. This is a critical regulatory risk metric for hospice providers, as it directly impacts revenue recognition and cash flow stability.

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