• Chemed average operating margin for 2024 was 15.12%, a 4.13% increase from 2023.
• Chemed average operating margin for 2023 was 14.52%, a 13.05% increase from 2022.
• Chemed average operating margin for 2022 was 16.7%, a 5.01% decline from 2021.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.