QXO (MEX:QXO) Construction In Progress: MXN855 Mil (As of Jun. 2026)

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MEX:QXO QXO Inc MEX:QXO
12 GF Score
Price MXN236.00
GF Value MXN342.22
Valuation Possible Value Trap
! 6 Warning Signs
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What is QXO Construction In Progress?

QXO MEX:QXO 12 Construction In Progress is MXN855 Mil as of Jun. 2026. GuruFocus rates MEX:QXO with a GF Score™ of 12/100 and a GF Value™ of MXN342.22 (Possible Value Trap). The stock has 6 warning signs investors should review.

QXO's quarterly construction in progress declined from Dec. 2025 (MXN992 Mil) to Mar. 2026 (MXN878 Mil) and declined from Mar. 2026 (MXN878 Mil) to Jun. 2026 (MXN855 Mil).

QXO's annual construction in progress stayed the same from Dec. 2023 (MXN0 Mil) to Dec. 2024 (MXN0 Mil) but then increased from Dec. 2024 (MXN0 Mil) to Dec. 2025 (MXN992 Mil).

QXO Construction In Progress Historical Data

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The historical data trend for QXO'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.

QXO Construction In Progress Chart

QXO Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 992.11

QXO Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Construction In Progress 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 753.17 891.53 992.11 878.19 855.00
MEX:QXO
12GF Score
QXO Inc MEX:QXO
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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QXO 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 MXN855 Mil mean?
QXO (MEX:QXO) has a Construction In Progress of MXN855 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on QXO and its competitors.
Is QXO's Construction In Progress too high?
QXO's current Construction In Progress is MXN855 Mil. Overall, QXO has a GF Score™ of 12/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does QXO's Construction In Progress compare to WSO and AIT?
QXO's Construction In Progress of MXN855 Mil can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good Construction In Progress depends on the Industrial Distribution 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 QXO and its competitors. QXO's current Construction In Progress is MXN855 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QXO stock overvalued right now?
Based on GuruFocus' analysis, QXO (MEX:QXO) is currently considered Possible Value Trap. The stock's GF Value™ is MXN342.22, compared to a current price of MXN236.00 — trading 31% below its estimated fair value. The current Construction In Progress is MXN855 Mil. QXO's overall GF Score™ is 12/100 with 6 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 QXO (MEX:QXO), the current Construction In Progress is MXN855 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.

Is QXO (MEX:QXO) Overvalued in 2026?

Based on GuruFocus' analysis, QXO stock appears to be undervalued. The current stock price of MXN236.00 is trading 31% below its estimated GF Value™ of MXN342.22. GuruFocus considers QXO to be Possible Value Trap.

Key valuation signals for MEX:QXO:

  • Construction In Progress: MXN855 Mil
  • GF Value™: MXN342.22 vs. price of MXN236.00 (31% below fair value)
  • GF Score™: 12/100 with 6 warning signs

No single metric tells the full story. See the MEX:QXO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

QXO Business Description

Other Exchanges QXO:USA
Address Five American Lane, Greenwich, CT, USA, 06831
QXO Inc is a publicly traded distributor of building products in North America. The company is executing its plan to become the tech-enabled leader in the around $800 billion building products distribution industry and generate outsized value for its shareholders. The group expects to achieve its target of nearly $50 billion in annual revenues within the next decade through accretive acquisitions and organic growth.
12GF Score

Get the complete analysis for MEX:QXO

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

MXN236.00
Price
MXN342.22
GF Value