Medicure (MCUJF) Operating Margin (2009 - 2026)
Medicure's (MCUJF) quarterly Operating Margin came in at 20.06% in Q1 2026, up 3200.0% year-on-year from 0.61% in Q1 2025, and up 2125.38% quarter-over-quarter from 0.9% in Q4 2025.
Medicure (MCUJF) Operating Margin (2009 - 2026) Analysis & Trends
Medicure's Operating Margin history runs 18 years deep, the most recent figure standing at 20.06% for Q1 2026.
- On a quarterly basis, Operating Margin rose 3200.0% year-over-year to 20.06% in Q1 2026; TTM through Mar 2026 was 6.0%, a 2190.0% increase from a year earlier, with the FY2025 full-year figure at 23.87%, down 1138.0% from the prior year.
- Operating Margin grew to 20.06% in Q1 2026 per MCUJF's latest filing, from 0.9% in the prior quarter.
- Across five years, Operating Margin topped out at 92.89% in Q1 2023 and bottomed at 22.45% in Q3 2024.
- The 5-year median for Operating Margin is 1.36% (2023), against an average of 9.59%.
- Across the five-year window, Operating Margin sank 9223 bps in 2024 and soared 3335 bps in 2025, its largest moves.
- Year by year, Operating Margin stood at 85.73% in 2022, then tumbled by 93 bps to 6.29% in 2023, then tumbled by 235 bps to 8.48% in 2024, then jumped by 111 bps to 0.9% in 2025, then surged by 2125 bps to 20.06% in 2026.
- Per Business Quant, the three latest MCUJF Operating Margin figures stand at 20.06% (Q1 2026), 0.9% (Q4 2025), and 10.9% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 16.37% |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 36.83% |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | -38.02% |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 41.69% |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | -2.27% |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 23.74% |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | 21.23% |
| 10 | Medicure | 8.77 Mn | 7.64 Mn | 2.57 Mn | 20.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.06% |
| Dec 31, 2025 | 0.90% |
| Sep 30, 2025 | 10.90% |
| Jun 30, 2025 | -10.48% |
| Mar 31, 2025 | -11.94% |
| Dec 31, 2024 | -8.48% |
| Sep 30, 2024 | -22.45% |
| Jun 30, 2024 | -21.65% |
| Mar 31, 2024 | 0.67% |
| Dec 31, 2023 | 6.29% |
| Sep 30, 2023 | 1.82% |
| Jun 30, 2023 | 5.46% |
| Mar 31, 2023 | 92.89% |
| Dec 31, 2022 | 85.73% |
| Sep 30, 2022 | 4.56% |
| Jun 30, 2022 | -0.77% |
| Sep 30, 2021 | -16.21% |
| Jun 30, 2021 | -17.60% |
| Mar 31, 2021 | 37.34% |
| Dec 31, 2020 | -188.25% |