Medicure (MCUJF) Tax Rate (2009 - 2026)
Medicure (MCUJF) posted quarterly Tax Rate of 2.27% for Q1 2026, down 353.0% year-over-year from 0.9% in Q1 2025, and up 544.43% quarter-over-quarter from 0.51% in Q4 2025.
Medicure (MCUJF) Tax Rate (2009 - 2026) Analysis & Trends
Medicure's Tax Rate history runs 11 years deep, the most recent figure standing at 2.27% for Q1 2026.
- In Q1 2026, Tax Rate fell 353.0% year-over-year to 2.27%; the TTM figure through Mar 2026 stood at 1.6% (up 2670.0% YoY), while the FY2025 annual figure was 3.02%, up 2968.0% from the prior year.
- Tax Rate for Q1 2026 stood at 2.27%, up from 0.51% in the prior quarter.
- The five-year high for Tax Rate was 37.8% in Q1 2024, with the low at 13.42% in Q1 2022.
- The 5-year median for Tax Rate is 2.58% (2023), against an average of 0.3%.
- The sharpest annual moves came in 2024 and 2025: Tax Rate soared 4045 bps in 2024, then sank 3201 bps in 2025.
- Medicure's Tax Rate stood at 0.35% in 2022, then tumbled by 835 bps to 2.58% in 2023, then slumped by 310 bps to 10.59% in 2024, then surged by 95 bps to 0.51% in 2025, then jumped by 544 bps to 2.27% in 2026.
- Business Quant data shows MCUJF's Tax Rate at 2.27% in Q1 2026, 0.51% in Q4 2025, and 4.73% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 44.49 Bn | 43.53 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.68 Bn | 40.02 Bn | 2.15 Bn | -26.59% |
| 3 | Zoetis | 32.32 Bn | 30.65 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.62 Bn | 22.82 Bn | 5.10 Bn | -30.40% |
| 5 | United Therapeutics | 21.98 Bn | 19.32 Bn | 683.80 Mn | 10.65% |
| 6 | Viatris | 18.99 Bn | 18.10 Bn | 1.46 Bn | -85.63% |
| 7 | Neurocrine Biosciences | 15.55 Bn | 15.16 Bn | 935.80 Mn | 10.97% |
| 8 | Elanco Animal Health | 11.95 Bn | 11.42 Bn | 798.00 Mn | 3.57% |
| 9 | Dr Reddys Laboratories | 10.12 Bn | 9.95 Bn | - | - |
| 10 | Medicure | 96.01 Mn | 94.89 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 | -10.59% |
| Dec 31, 2024 | -10.59% |
| Dec 31, 2024 | -10.59% |
| Sep 30, 2024 | -0.74% |
| Sep 30, 2024 | -0.74% |