Full-Year Guidance Increased Due To: Strong VITAS Performance Re-purchase of 500,000 Shares in the Quarter Two Roto-Rooter Franchises Purchased for $20.6 Million CINCINNATI, April 23, 2026 (GLOBE NEWSWIRE) -- Chemed Corporation (Chemed) (NYSE: CHE), which operates VITAS Healthcare Corporation (VITAS), the nation's largest providers of end-of-life care, and Roto-Rooter, the nation's largest commercial and residential plumbing and drain cleaning services provider, reported financial results for its first quarter ended March 31, 2026, versus the comparable prior-year period. Results for Quarter Ended March 31, 2026 Consolidated operating results: Revenue increased 1.6% to $657.5 million GAAP Diluted Earnings-per-Share (EPS) of $4.84, a decrease of 0.4% Adjusted Diluted EPS of $5.65, an increase of 0.4% VITAS segment operating results: Net Patient Revenue of $420.0 million, an increase of 3.1% Average Daily Census (ADC) of 22,723, an increase of 2.2% Admissions of 19,394, an increase of 6.9% Net Income, excluding certain discrete items, of $52.2 million, an increase of 4.4% Adjusted EBITDA, excluding Medicare Cap, of $70.8 million, an increase of 0.6% Adjusted EBITDA margin, excluding Medicare Cap, of 16.8%, a decrease of 41-basis points Roto-Rooter segment operating results: Revenue of $237.5 million, a decrease of 0.9% Net Income, excluding certain discrete items, of $37.7 million, a decrease of 9.7% Adjusted EBITDA of $53.5 million, a decline of 9.6% Adjusted EBITDA margin of 22.5%, a decline of 218-basis points VITAS VITAS net revenue was $420.0 million in the first quarter of 2026, which is an increase of 3.1% when compared to the prior-year period.
