Deutsche Lufthansa AG (LHA) — Cash Flow Quality Index

Latest as of December 2025: 0.91x

Deutsche Lufthansa AG (LHA) has a Cash Flow Quality Index of 0.91x as of December 2025. Operating cash flow of €224.00 Million is below net income of €246.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Deutsche Lufthansa AG cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.91x
Operating CF / Net Income

Operating Cash Flow

€224.00 Million
EUR

Net Income

€246.00 Million
EUR

Data as of

Dec 2025
Most recent filing

Deutsche Lufthansa AG Cash Flow Quality Index (2005–2025)

Historical Cash Flow Quality Index for Deutsche Lufthansa AG across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see LHA cash flow metrics.

Annual Cash Flow Quality Index for Deutsche Lufthansa AG (2005–2025)

Year-by-year earnings quality comparison for Deutsche Lufthansa AG.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 2.81x €3.74 Billion €1.33 Billion ▲ +13.1%
2024 2.48x €3.89 Billion €1.57 Billion ▲ +3.9%
2023 2.39x €4.91 Billion €2.06 Billion ▼ -51.5%
2022 4.92x €5.17 Billion €1.05 Billion ▲ +127.2%
2019 2.17x €4.03 Billion €1.86 Billion ▲ +46.8%
2018 1.48x €4.11 Billion €2.78 Billion ▼ -6.6%
2017 1.58x €5.04 Billion €3.19 Billion ▲ +9.4%
2016 1.44x €3.25 Billion €2.25 Billion ▼ -13.8%
2015 1.67x €3.39 Billion €2.03 Billion ▼ -84.8%
2014 10.98x €1.98 Billion €180.00 Million ▲ +81.9%
2013 6.04x €3.29 Billion €545.00 Million ▲ +120.7%
2012 2.74x €2.84 Billion €1.04 Billion ▼ -48.2%
2011 5.28x €2.36 Billion €446.00 Million ▲ +94.3%
2010 2.72x €3.08 Billion €1.13 Billion ▼ -11.6%
2008 3.08x €2.47 Billion €804.00 Million ▲ +73.4%
2007 1.77x €2.86 Billion €1.61 Billion ▼ -32.3%
2006 2.62x €2.10 Billion €803.00 Million ▼ -39.3%
2005 4.32x €1.96 Billion €453.00 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.