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
DateValue
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%