CHEMED CORP

Chemed purchases, operates, and divests subsidiaries across diverse business activities to maximize shareholder value. The company's day-to-day operating businesses are managed on a decentralized basis, with few integrated business functions like sales, marketing, or purchasing between the operating units and Chemed. Chemed's corporate office management handles long-term strategic planning, significant capital allocation decisions, investment activities, financial reporting, tax, legal, and the selection of key executives for each operating business. Since its inception, Chemed has completed twelve significant acquisitions or divestitures of diverse business units. During 2025, Chemed operated in two segments: VITAS and Roto-Rooter. The VITAS segment provides hospice and palliative care services through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers. The Roto-Rooter segment offers plumbing, drain cleaning, excavation, water restoration, and other related services to residential and commercial customers.