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 FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
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.
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 LHAB market cap.
| 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