• Chemed average net profit margin for 2023 was 11.09%, a 10.2% increase from 2022.
• Chemed average net profit margin for 2022 was 12.35%, a 13.52% decline from 2021.
• Chemed average net profit margin for 2021 was 14.28%, a 7.37% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.