Medicure (MCUJF) Tax Rate (2017 - 2024)
Medicure (MCUJF) posted Tax Rate of 3.55% for the quarter ended Jun 30, 2026, down 4.41 percentage points from 7.97% a year earlier but up 1.29 percentage points from the prior quarter.
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Analysis
Medicure (MCUJF) Tax Rate (2017 - 2024) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Medicure was 2.34%, down 9.71 percentage points year-over-year; for the year ended Dec 31, 2025, it was -3.02%, up 29.68 percentage points from the prior year.
- Annual Tax Rate shows a four-year change of +1.20 percentage points (years ended Dec 2021 to Dec 2025).
- In prior years, Medicure's Tax Rate was -32.69% in the year ended Dec 31, 2024 (-29.91 pp), -2.79% in the year ended Dec 31, 2023 (-4.23 pp), 1.44% in the year ended Dec 31, 2022 (+5.66 pp) and -4.22% in the year ended Dec 31, 2021.
- Quarterly Tax Rate has run from a low of -20.69% in the quarter ended Jun 30, 2023 to a high of 37.80% in the quarter ended Mar 31, 2024 over five years.
- On a year-over-year basis, Tax Rate increased in three of the last seven quarters, with an average year-over-year change of -4.93 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was the quarter ended Mar 31, 2024, with a gain of 40.16 percentage points; the weakest was the quarter ended Mar 31, 2025, with a drop of 43.60 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 2.27% (quarter ended Mar 31, 2026), 1.17% (quarter ended Dec 31, 2025) and 4.73% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | - |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | - |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 14.20% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | - |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 20.98% |
| 10 | Medicure | 203.51 Mn | 195.32 Mn | 2.31 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 1.04% |
| Mar 31, 2024 | 37.80% |
| Mar 31, 2022 | 8.02% |
| Sep 30, 2018 | 24.13% |
| Jun 30, 2018 | 17.88% |
| Mar 31, 2018 | 22.01% |
| Sep 30, 2017 | 24,729,440.67% |
| Jun 30, 2017 | 9.04% |
| Mar 31, 2017 | 10.12% |
API Access
Medicure Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MCUJF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MCUJF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MCUJF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();