Deutsche Lufthansa AG (LHAB) — Capital Reinvestment Ratio

Latest as of December 2025: 20.31x

Deutsche Lufthansa AG (LHAB) has a Capital Reinvestment Ratio of 20.31x as of December 2025, meaning it reinvests 20% of its operating cash flow (€98.00 Million) in capital expenditures (€1.99 Billion). See LHAB equity financing ratio to measure how much of total assets are equity-financed.

Capital Reinvestment Ratio

20.31x
Capex / Operating Cash Flow

Operating Cash Flow

€98.00 Million
EUR

Capital Expenditures

€1.99 Billion
EUR

Data as of

Dec 2025
Most recent filing

Deutsche Lufthansa AG Capital Reinvestment Ratio (2016–2025)

This chart tracks Deutsche Lufthansa AG's Capital Reinvestment Ratio across 9 annual periods. Check LHAB cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Capital Reinvestment Ratio for Deutsche Lufthansa AG (2016–2025)

Year-by-year Capital Reinvestment Ratio for Deutsche Lufthansa AG from 2016 to 2025. For live market cap and broader valuation context, see Deutsche Lufthansa AG (LHAB) total market value.

Year Reinvestment Ratio Operating CF (EUR) Capital Expenditures YoY Change
2025 1.11x €4.04 Billion €4.47 Billion ▲ +10.7%
2024 1.00x €3.89 Billion €3.90 Billion ▲ +22.5%
2023 0.82x €4.91 Billion €4.01 Billion ▲ +68.5%
2022 0.49x €5.17 Billion €2.51 Billion ▼ -85.3%
2021 3.30x €399.00 Million €1.32 Billion ▲ +258.1%
2019 0.92x €4.03 Billion €3.72 Billion ▼ -7.5%
2018 1.00x €4.11 Billion €4.10 Billion ▲ +50.9%
2017 0.66x €5.37 Billion €3.55 Billion ▼ -12.7%
2016 0.76x €3.25 Billion €2.46 Billion
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow