Air Liquide (WBO:AI) Construction In Progress: €4,335 Mil (As of Dec. 2025)


WBO:AI Air Liquide SA WBO:AI
85 GF Score
Price €170.58
GF Value €148.06
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Air Liquide Construction In Progress?

Air Liquide WBO:AI +0.68% 85 Construction In Progress is €4,335 Mil as of Dec. 2025. GuruFocus rates WBO:AI with a GF Score™ of 85/100 and a GF Value™ of €148.06 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Air Liquide's quarterly construction in progress declined from Dec. 2024 (€4,032 Mil) to Jun. 2025 (€0 Mil) but then increased from Jun. 2025 (€0 Mil) to Dec. 2025 (€4,335 Mil).

Air Liquide's annual construction in progress increased from Dec. 2023 (€3,798 Mil) to Dec. 2024 (€4,032 Mil) and increased from Dec. 2024 (€4,032 Mil) to Dec. 2025 (€4,335 Mil).

Air Liquide Construction In Progress Historical Data

* Premium members only.

The historical data trend for Air Liquide'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.

Air Liquide Construction In Progress Chart

Air Liquide 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 3,178.30 3,395.50 3,797.70 4,031.90 4,335.40

Air Liquide Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3,797.70 0.00 4,031.90 0.00 4,335.40
WBO:AI
85GF Score
Air Liquide SA WBO:AI
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Air Liquide 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 €4,335 Mil mean?
Air Liquide (WBO:AI) has a Construction In Progress of €4,335 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Air Liquide and its competitors.
Is Air Liquide's Construction In Progress too high?
Air Liquide's current Construction In Progress is €4,335 Mil. Overall, Air Liquide has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Liquide's Construction In Progress compare to LIN and SHW?
Air Liquide's Construction In Progress of €4,335 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 Air Liquide and its competitors. Air Liquide's current Construction In Progress is €4,335 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Liquide stock overvalued right now?
Based on GuruFocus' analysis, Air Liquide (WBO:AI) is currently considered Modestly Overvalued. The stock's GF Value™ is €148.06, compared to a current price of €170.58 — trading 15.2% above its estimated fair value. The current Construction In Progress is €4,335 Mil. Air Liquide's overall GF Score™ is 85/100 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 Air Liquide (WBO:AI), the current Construction In Progress is €4,335 Mil as of Dec. 2025. 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 Air Liquide (WBO:AI) Overvalued in 2026?

Based on GuruFocus' analysis, Air Liquide stock appears to be overvalued. The current stock price of €170.58 is trading 15.2% above its estimated GF Value™ of €148.06. GuruFocus considers Air Liquide to be Modestly Overvalued.

Key valuation signals for WBO:AI:

  • Construction In Progress: €4,335 Mil
  • GF Value™: €148.06 vs. price of €170.58 (15.2% above fair value)
  • GF Score™: 85/100 with 6 warning signs

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

Air Liquide Business Description

Address 1, Paris, FRA, 75007
Founded in 1902, Air Liquide is one of the leading industrial gas companies in the world, serving over 3.8 million customers in 78 countries. The company generated approximately EUR 27.9 billion of revenue in 2025, serving a wide range of industries, including chemicals, energy, healthcare, food and beverage, and electronics. Air Liquide employs approximately 65,000 people.
85GF Score

Get the complete analysis for WBO:AI

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

€170.58
Price
€148.06
GF Value