Medicure (MCUJF) Tax Rate (2015 - 2026)
Medicure's (MCUJF) quarterly Tax Rate came in at 2.27% in Q1 2026, down 806.0% year-on-year from 0.32% in Q1 2025, and down 344.43% quarter-over-quarter from 0.51% in Q4 2025.
Medicure (MCUJF) Tax Rate (2015 - 2026) Analysis & Trends
Medicure's Tax Rate history runs 10 years deep, the most recent figure standing at 2.27% for Q1 2026.
- On a quarterly basis, Tax Rate fell 806.0% year-over-year to 2.27% in Q1 2026; TTM through Mar 2026 was 1.49%, a 11153.0% increase from a year earlier, with the FY2025 full-year figure at 3.02%, up 2968.0% from the prior year.
- Tax Rate retreated to 2.27% in Q1 2026 per MCUJF's latest filing, from 0.51% in the prior quarter.
- Across five years, Tax Rate topped out at 20.69% in Q2 2023 and bottomed at 37.8% in Q1 2024.
- The 5-year median for Tax Rate is 2.64% (2023), against an average of 5.53%.
- Across the five-year window, Tax Rate slumped 3516 bps in 2024 and jumped 4360 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 0.35% in 2022, then slumped by 835 bps to 2.58% in 2023, then plunged by 974 bps to 27.71% in 2024, then jumped by 98 bps to 0.51% in 2025, then slumped by 344 bps to 2.27% in 2026.
- Per Business Quant, the three latest MCUJF Tax Rate figures stand at 2.27% (Q1 2026), 0.51% (Q4 2025), and 4.73% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 15.33% |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 20.71% |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | -23.33% |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 13.63% |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | 171.33% |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 19.81% |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | 34.48% |
| 10 | Medicure | 8.77 Mn | 7.64 Mn | 2.57 Mn | -2.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.27% |
| Mar 31, 2026 | -2.27% |
| Mar 31, 2026 | -2.27% |
| Dec 31, 2025 | -0.51% |
| Dec 31, 2025 | -0.51% |
| Dec 31, 2025 | -0.51% |
| Sep 30, 2025 | -4.73% |
| Sep 30, 2025 | -4.73% |
| Sep 30, 2025 | -4.73% |
| Jun 30, 2025 | -7.97% |
| Jun 30, 2025 | -7.97% |
| Jun 30, 2025 | -7.97% |
| Mar 31, 2025 | 5.79% |
| Mar 31, 2025 | 5.79% |
| Mar 31, 2025 | 5.79% |
| Dec 31, 2024 | -27.71% |
| Dec 31, 2024 | -27.71% |
| Dec 31, 2024 | -27.71% |
| Sep 30, 2024 | -0.74% |
| Sep 30, 2024 | -0.74% |