Medicure (MCUJF) Operating Margin (2009 - 2026)

Medicure's Operating Margin history runs 18 years deep, the most recent figure standing at 20.06% for Q1 2026.

• In Q1 2026, Operating Margin rose 3200.0% year-over-year to 20.06%; the TTM figure through Mar 2026 stood at 6.0% (up 2190.0% YoY), while the FY2025 annual figure was 23.87%, down 1138.0% from the prior year.
• Operating Margin was 20.06% for Q1 2026 at Medicure, up from 0.9% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 92.89% in Q1 2023 to a low of 22.45% in Q3 2024.
• Historically, Operating Margin has averaged 11.8% across 5 years, with a median of 1.82% in 2023.
• The sharpest annual moves came in 2023 and 2024: Operating Margin surged 5147 bps in 2023, then sank 9223 bps in 2024.
• A 5-year view of Operating Margin shows it stood at 85.73% in 2022, then sank by 93 bps to 6.29% in 2023, then sank 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.
• The last three Operating Margin figures came in at 20.06% (Q1 2026), 0.9% (Q4 2025), and 10.9% (Q3 2025), per Business Quant data.