Deutsche Lufthansa AG (LHA) — Capital Reinvestment Ratio
Latest as of March 2026:
0.57x
Deutsche Lufthansa AG (LHA) has a Capital Reinvestment Ratio of 0.57x as of March 2026, meaning it reinvests 1% of its operating cash flow (€1.97 Billion) in capital expenditures (€1.12 Billion). See free cash flow generation of Deutsche Lufthansa AG to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.57x
Capex / Operating Cash Flow
Operating Cash Flow
€1.97 Billion
EUR
Capital Expenditures
€1.12 Billion
EUR
Data as of
Mar 2026
Most recent filing
Deutsche Lufthansa AG Capital Reinvestment Ratio (2005–2025)
This chart tracks Deutsche Lufthansa AG's Capital Reinvestment Ratio across 20 annual periods.
Annual Capital Reinvestment Ratio for Deutsche Lufthansa AG (2005–2025)
Year-by-year Capital Reinvestment Ratio for Deutsche Lufthansa AG from 2005 to 2025. For live market cap and broader valuation context, see how much is Deutsche Lufthansa AG worth.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.20x | €3.74 Billion | €4.47 Billion | ▲ +19.5% |
| 2024 | 1.00x | €3.89 Billion | €3.90 Billion | ▲ +21.3% |
| 2023 | 0.83x | €4.91 Billion | €4.05 Billion | ▲ +70.1% |
| 2022 | 0.49x | €5.17 Billion | €2.51 Billion | ▼ -77.2% |
| 2021 | 2.13x | €618.00 Million | €1.32 Billion | ▲ +131.2% |
| 2019 | 0.92x | €4.03 Billion | €3.72 Billion | ▼ -7.5% |
| 2018 | 1.00x | €4.11 Billion | €4.10 Billion | ▲ +56.2% |
| 2017 | 0.64x | €5.04 Billion | €3.21 Billion | ▼ -14.5% |
| 2016 | 0.75x | €3.25 Billion | €2.42 Billion | ▼ -10.2% |
| 2015 | 0.83x | €3.39 Billion | €2.82 Billion | ▼ -41.3% |
| 2014 | 1.42x | €1.98 Billion | €2.80 Billion | ▲ +87.6% |
| 2013 | 0.75x | €3.29 Billion | €2.48 Billion | ▼ -11.1% |
| 2012 | 0.85x | €2.84 Billion | €2.41 Billion | ▼ -21.0% |
| 2011 | 1.07x | €2.36 Billion | €2.53 Billion | ▲ +43.8% |
| 2010 | 0.75x | €3.08 Billion | €2.30 Billion | ▼ -37.2% |
| 2009 | 1.19x | €1.99 Billion | €2.37 Billion | ▲ +49.5% |
| 2008 | 0.80x | €2.47 Billion | €1.97 Billion | ▲ +25.4% |
| 2007 | 0.63x | €2.86 Billion | €1.81 Billion | ▼ -12.4% |
| 2006 | 0.72x | €2.10 Billion | €1.52 Billion | ▲ +13.3% |
| 2005 | 0.64x | €1.96 Billion | €1.25 Billion | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow