Medicure (MCUJF) Tax Rate (2016 - 2026)
Medicure (MCUJF) recorded quarterly Tax Rate of 2.27% in Q1 2026, down 344.43% quarter-over-quarter from 0.51% in Q4 2025, and up 353.0% on a YoY basis from 0.5% in Q1 2025.
Medicure (MCUJF) Tax Rate (2016 - 2026) Analysis & Trends
Medicure's Tax Rate history runs 9 years deep, the most recent figure standing at 2.27% for Q1 2026.
- In Q1 2026, Tax Rate rose 353.0% year-over-year to 2.27%; the TTM figure through Mar 2026 stood at 1.49% (up 194.0% YoY), while the FY2025 annual figure was 3.02%, up 2968.0% from the prior year.
- Tax Rate was 2.27% for Q1 2026 at Medicure, down from 0.51% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 37.8% in Q1 2024 to a low of 27.71% in Q4 2024.
- Historically, Tax Rate has averaged 1.39% across 5 years, with a median of 2.31% in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Rate surged 4016 bps in 2024, then slumped 4360 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 1.59% in 2022, then tumbled by 62 bps to 2.58% in 2023, then slumped by 974 bps to 27.71% in 2024, then jumped by 98 bps to 0.51% in 2025, then plunged by 344 bps to 2.27% in 2026.
- The last three Tax Rate figures came in at 2.27% (Q1 2026), 0.51% (Q4 2025), and 4.73% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 15.33% |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 20.71% |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 13.63% |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | -20.44% |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 19.81% |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 34.48% |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | -7.43% |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | 9.29% |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 24.29% |
| 10 | Medicure | - | - | 2.57 Mn | -2.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.27% |
| Mar 31, 2026 | -2.27% |
| Dec 31, 2025 | -0.51% |
| Dec 31, 2025 | -0.51% |
| Sep 30, 2025 | -4.73% |
| Sep 30, 2025 | -4.73% |
| Jun 30, 2025 | -7.97% |
| Jun 30, 2025 | -7.97% |
| Mar 31, 2025 | -5.79% |
| Mar 31, 2025 | -5.79% |
| Dec 31, 2024 | -27.71% |
| Dec 31, 2024 | -27.71% |
| Sep 30, 2024 | 1.04% |
| Sep 30, 2024 | 1.04% |
| Jun 30, 2024 | 9.94% |
| Jun 30, 2024 | 9.94% |
| Mar 31, 2024 | 37.80% |
| Mar 31, 2024 | 37.80% |
| Dec 31, 2023 | -2.58% |
| Dec 31, 2023 | -2.58% |