• Chemed average pre-tax profit margin for 2023 was 14.47%, a 10.68% increase from 2022.
• Chemed average pre-tax profit margin for 2022 was 16.2%, a 11.33% decline from 2021.
• Chemed average pre-tax profit margin for 2021 was 18.27%, a 12.78% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.