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 38.34 Bn 34.60 Bn 1.97 Bn 15.33%
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 20.71%
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 13.63%
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn -20.44%
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 19.81%
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 34.48%
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn -7.43%
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 24.29%
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 9.29%
10 Medicure - - 2.57 Mn -2.27%

Historic Data

Download Data
DateValue
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%