MAIR (Madison Air Solutions) Construction In Progress: $30 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MAIR Madison Air Solutions Corp MAIR
15 GF Score
Price $23.72
! 3 Warning Signs
View Full Analysis

What is Madison Air Solutions Construction In Progress?

Madison Air Solutions MAIR +1.02% 15 Construction In Progress is $30 Mil as of Jun. 2026. GuruFocus rates MAIR with a GF Score™ of 15/100. The stock has 3 warning signs investors should review.

Madison Air Solutions's quarterly construction in progress increased from Jun. 2025 ($0 Mil) to Mar. 2026 ($33 Mil) but then declined from Mar. 2026 ($33 Mil) to Jun. 2026 ($30 Mil).

Madison Air Solutions's annual construction in progress increased from Dec. 2023 ($0 Mil) to Dec. 2024 ($12 Mil) and increased from Dec. 2024 ($12 Mil) to Dec. 2025 ($29 Mil).

Madison Air Solutions Construction In Progress Historical Data

* Premium members only.

The historical data trend for Madison Air Solutions's Construction In Progress 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.

Madison Air Solutions Construction In Progress Chart

Madison Air Solutions Annual Data
Trend Dec23 Dec24 Dec25
Construction In Progress
0.00 12.10 29.40

Madison Air Solutions Quarterly Data
Mar25 Jun25 Mar26 Jun26
Construction In Progress 0.00 0.00 33.20 29.50
MAIR
15GF Score
Madison Air Solutions Corp MAIR
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Madison Air Solutions Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $30 Mil mean?
Madison Air Solutions (MAIR) has a Construction In Progress of $30 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Madison Air Solutions and its competitors.
Is Madison Air Solutions' Construction In Progress too high?
Madison Air Solutions' current Construction In Progress is $30 Mil. Overall, Madison Air Solutions has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Madison Air Solutions' Construction In Progress compare to LII and CSL?
Madison Air Solutions' Construction In Progress of $30 Mil 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 Construction In Progress for a Construction company?
A good Construction In Progress depends on the Construction industry context. However, Construction In Progress 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 Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Madison Air Solutions and its competitors. Madison Air Solutions's current Construction In Progress is $30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madison Air Solutions stock overvalued right now?
Madison Air Solutions (MAIR) has a current Construction In Progress of $30 Mil. The current Construction In Progress is $30 Mil. Madison Air Solutions' overall GF Score™ is 15/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Madison Air Solutions (MAIR), the current Construction In Progress is $30 Mil as of Jun. 2026. 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.

Madison Air Solutions Business Description

Other Exchanges 05K:Germany
Address 444 West Lake Street, Suite 4460, Chicago, IL, USA, 60606
Madison Air Solutions Corp is an HVAC and indoor air-quality technology company. Its segments are Commercial and Residential. It generates the majority of its revenue from the Commercial segment, which includes Commercial businesses that deliver well-engineered, custom, and semi-custom air quality systems to support process control, regulatory compliance, energy efficiency, and productivity in mission-critical environments; and the Residential segment, anchored by trusted brands like AprilAire, Broan-NuTone, Zephyr, and Others. Its geographic areas are the U.S, the Americas, Europe, and Other. The group generates the majority of its revenue from the U.S market.
15GF Score

Get the complete analysis for MAIR

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.72
Price