Empresas ICAB de CV (MEX:ICA) Tax Rate %: 68.57% (As of Mar. 2017)


What is Empresas ICAB de CV Tax Rate %?

Empresas ICAB de CV MEX:ICA Tax Rate % is 68.57% as of Mar. 2017.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Empresas ICAB de CV's Tax Expense for the three months ended in Mar. 2017 was MXN866 Mil. Empresas ICAB de CV's Pre-Tax Income for the three months ended in Mar. 2017 was MXN1,263 Mil. Therefore, Empresas ICAB de CV's Tax Rate % for the quarter that ended in Mar. 2017 was 68.57%.

Empresas ICAB de CV Tax Rate % Related Terms

Empresas ICAB de CV Tax Rate % Historical Data

* Premium members only.

The historical data trend for Empresas ICAB de CV's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Empresas ICAB de CV Tax Rate % Chart

Empresas ICAB de CV Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.75 -33.18 25.87 -20.00 46.72

Empresas ICAB de CV Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.62 -11.99 -21.00 125.57 68.57

Empresas ICAB de CV Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Empresas ICAB de CV's Tax Rate % for the fiscal year that ended in Dec. 2016 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2016 )/Pre-Tax Income (A: Dec. 2016 )
=-5473.551/-11716.493
=46.72 %

Empresas ICAB de CV's Tax Rate % for the quarter that ended in Mar. 2017 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2017 )/Pre-Tax Income (Q: Mar. 2017 )
=866/1263
=68.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 68.57% mean?
Empresas ICAB de CV (MEX:ICA) has a Tax Rate % of 68.57% as of Mar. 2017.
Is Empresas ICAB de CV's Tax Rate % too high?
Empresas ICAB de CV's current Tax Rate % is 68.57%.
How does Empresas ICAB de CV's Tax Rate % compare to competitors?
Empresas ICAB de CV's Tax Rate % of 68.57% can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Construction company?
A good Tax Rate % depends on the Construction industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Empresas ICAB de CV's current Tax Rate % is 68.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresas ICAB de CV stock overvalued right now?
Empresas ICAB de CV (MEX:ICA) has a current Tax Rate % of 68.57%. The current Tax Rate % is 68.57%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Empresas ICAB de CV (MEX:ICA), the current Tax Rate % is 68.57% as of Mar. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Empresas ICAB de CV Business Description

Address Boulevard Manuel Avila Camacho 36, Col. Lomas de Chapultepec, Delegation Miguel Hidalgo, Mexico City, DF, MEX, 11000
Empresas ICA SAB de CV is an engineering, procurement, and construction company. It provides construction and related services which includes development and construction of infrastructure facilities, industrial and urban construction, construction, maintenance and operation of airports, highways, social infrastructure and tunnels and operation and management of water supply and waste disposal systems. The company has Civil construction, Industrial construction, Airports, Concessions and Corporate and Other segments. It derives the majority of its revenues from Civil construction segment.