Deutsche Lufthansa AG (LHAB) — Cash Flow Reinvestment Rate

Latest as of December 2025: 34.07x

Deutsche Lufthansa AG (LHAB) has a Cash Flow Reinvestment Rate of 34.07x as of December 2025, reinvesting €3.34 Billion (capex €1.99 Billion plus investments €1.35 Billion) from operating cash flow of €98.00 Million. Check Deutsche Lufthansa AG (LHAB) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

34.07x
(Capex + Investments) / Operating CF

Total Reinvested

€3.34 Billion
Capex + Investments

Operating Cash Flow

€98.00 Million
EUR

Capital Expenditures

€1.99 Billion
EUR

Deutsche Lufthansa AG Cash Flow Reinvestment Rate (2016–2025)

Historical reinvestment intensity for Deutsche Lufthansa AG across 9 annual periods. Explore Deutsche Lufthansa AG cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Annual Cash Flow Reinvestment Rate for Deutsche Lufthansa AG (2016–2025)

Year-by-year capital reinvestment analysis for Deutsche Lufthansa AG. For live market cap and broader valuation context, see market cap of Deutsche Lufthansa AG.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2025 1.18x €4.76 Billion €4.04 Billion €4.47 Billion ▲ +17.1%
2024 1.01x €3.92 Billion €3.89 Billion €3.90 Billion ▲ +17.2%
2023 0.86x €4.21 Billion €4.91 Billion €4.01 Billion ▲ +20.0%
2022 0.72x €3.70 Billion €5.17 Billion €2.51 Billion ▼ -90.6%
2021 7.62x €3.04 Billion €399.00 Million €1.32 Billion ▲ +612.1%
2019 1.07x €4.32 Billion €4.03 Billion €3.72 Billion ▼ -15.1%
2018 1.26x €5.18 Billion €4.11 Billion €4.10 Billion ▲ +87.2%
2017 0.67x €3.62 Billion €5.37 Billion €3.55 Billion ▼ -58.7%
2016 1.63x €5.29 Billion €3.25 Billion €2.46 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow