Chemed Gross Margin 2010-2024 | CHE
- Chemed average gross margin for 2023 was 34.75%, a 4.35% increase from 2022.
- Chemed average gross margin for 2022 was 36.33%, a 2.19% decline from 2021.
- Chemed average gross margin for 2021 was 35.55%, a 9.05% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.