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CHEMED CORP [CHE] has reported a net loss of $272.5 million for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $2.3 billion
Based in CINCINNATI, Ohio, CHEMED CORP operates in the SERVICES sector.
In the report for the 12 months ended December 31, detailing the financial performance of the company, the figures reflect the following changes compared to the previous years:
Service revenues and sales for the period ending December 31, 2023, increased to $2.26 billion, compared to $2.13 billion in 2022 and $2.14 billion in 2021.
Cost of services provided and goods sold for the same period amounted to $1.47 billion in 2023, $1.37 billion in 2022, and $1.37 billion in 2021.
Income from operations for the current period was $340.57 million, slightly decreasing compared to $343.50 million in 2022 and $343.04 million in 2021.
Net income for the 12 months ended December 31, 2023, was $272.51 million, showing a growth from $249.62 million in 2022 and $268.55 million in 2021.
Earnings per share for the current year were $18.11 compared to $16.72 in 2022 and $17.14 in 2021 for basic amounts.
For diluted earnings per share, the figures were $17.93 in 2023, $16.53 in 2022, and $16.85 in 2021.
It is important to note that the average number of shares outstanding slightly varied, with 15,050 in 2023, 14,929 in 2022, and 15,671 in 2021 for basic amounts. Similarly, for diluted amounts, the average number of shares outstanding was 15,200 in 2023, 15,099 in 2022, and 15,938 in 2021.
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