Westlake (MEX:WLK) Construction In Progress: MXN0 Mil (As of Mar. 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.

MEX:WLK Westlake Corp MEX:WLK
40 GF Score
Price MXN1,396.00
GF Value MXN2,091.82
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Westlake Construction In Progress?

Westlake MEX:WLK 40 Construction In Progress is MXN0 Mil as of Mar. 2026. GuruFocus rates MEX:WLK with a GF Score™ of 40/100 and a GF Value™ of MXN2,091.82 (Fairly Valued). The stock has 4 warning signs investors should review.

Westlake's quarterly construction in progress increased from Sep. 2025 (MXN0 Mil) to Dec. 2025 (MXN14,225 Mil) but then declined from Dec. 2025 (MXN14,225 Mil) to Mar. 2026 (MXN0 Mil).

Westlake's annual construction in progress increased from Dec. 2023 (MXN15,786 Mil) to Dec. 2024 (MXN22,545 Mil) but then declined from Dec. 2024 (MXN22,545 Mil) to Dec. 2025 (MXN14,225 Mil).


Westlake Construction In Progress Historical Data

* Premium members only.

The historical data trend for Westlake'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.

Westlake Construction In Progress Chart

Westlake 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 13,416.16 15,967.22 15,786.05 22,545.01 14,224.50

Westlake Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 14,224.50 0.00
MEX:WLK
40GF Score
Westlake Corp MEX:WLK
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Westlake 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 MXN0 Mil mean?
Westlake (MEX:WLK) has a Construction In Progress of MXN0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Westlake and its competitors.
Is Westlake's Construction In Progress too high?
Westlake's current Construction In Progress is MXN0 Mil. Overall, Westlake has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Westlake's Construction In Progress compare to SOLS and ESI?
Westlake's Construction In Progress of MXN0 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Construction In Progress depends on the Chemicals 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 Westlake and its competitors. Westlake's current Construction In Progress is MXN0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westlake stock overvalued right now?
Based on GuruFocus' analysis, Westlake (MEX:WLK) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,091.82, compared to a current price of MXN1,396.00 — trading 33.3% below its estimated fair value. The current Construction In Progress is MXN0 Mil. Westlake's overall GF Score™ is 40/100 with 4 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 Westlake (MEX:WLK), the current Construction In Progress is MXN0 Mil as of Mar. 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 Westlake (MEX:WLK) Overvalued in 2026?

Based on GuruFocus' analysis, Westlake stock appears to be undervalued. The current stock price of MXN1,396.00 is trading 33.3% below its estimated GF Value™ of MXN2,091.82. GuruFocus considers Westlake to be Fairly Valued.

Key valuation signals for MEX:WLK:

  • Construction In Progress: MXN0 Mil
  • GF Value™: MXN2,091.82 vs. price of MXN1,396.00 (33.3% below fair value)
  • GF Score™: 40/100 with 4 warning signs

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


Westlake Business Description

Other Exchanges WLK:USA0LVK:UKUEO:Germany
Address 2801 Post Oak Boulevard, Suite 600, Houston, TX, USA, 77056
Westlake is a forward-integrated commodity chemicals firm based in Houston. It began as a single low-density polyethylene plant and expanded its capabilities to include ethylene, vinyl chloride monomers, and polyvinyl chloride over the next two decades. The acquisition of Axiall in 2016 made it a North American leader in chlor-alkali and PVC. Today, Westlake has two defined segments: performance and essential materials, and housing and infrastructure products. The HIP segment began operating in 2022 following a series of acquisitions in the building products space. The firm aims to maximize the value of its chemical production by integrating with the HIP segment, realizing the higher margins of finished commercial goods.
40GF Score

Get the complete analysis for MEX:WLK

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

MXN1,396.00
Price
MXN2,091.82
GF Value