Deutsche Lufthansa AG (LHA) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.57x

Deutsche Lufthansa AG (LHA) has a Cash Flow Reinvestment Rate of 0.57x as of March 2026, reinvesting €1.12 Billion (capex €1.12 Billion ) from operating cash flow of €1.97 Billion. Check Deutsche Lufthansa AG (LHA) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.57x
(Capex + Investments) / Operating CF

Total Reinvested

€1.12 Billion
Capex + Investments

Operating Cash Flow

€1.97 Billion
EUR

Capital Expenditures

€1.12 Billion
EUR

Deutsche Lufthansa AG Cash Flow Reinvestment Rate (2005–2025)

Historical reinvestment intensity for Deutsche Lufthansa AG across 20 annual periods. Explore investment intensity of Deutsche Lufthansa AG to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Deutsche Lufthansa AG (2005–2025)

Year-by-year capital reinvestment analysis for Deutsche Lufthansa AG. For live market cap and broader valuation context, see Deutsche Lufthansa AG (LHA) total market value.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2025 1.27x €4.76 Billion €3.74 Billion €4.47 Billion ▼ -20.4%
2024 1.60x €6.22 Billion €3.89 Billion €3.90 Billion ▲ +11.5%
2023 1.43x €7.03 Billion €4.91 Billion €4.05 Billion ▲ +24.5%
2022 1.15x €5.95 Billion €5.17 Billion €2.51 Billion ▼ -78.2%
2021 5.28x €3.26 Billion €618.00 Million €1.32 Billion ▲ +392.8%
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 ▲ +93.4%
2017 0.65x €3.28 Billion €5.04 Billion €3.21 Billion ▼ -59.7%
2016 1.62x €5.25 Billion €3.25 Billion €2.42 Billion ▲ +89.8%
2015 0.85x €2.89 Billion €3.39 Billion €2.82 Billion ▼ -60.7%
2014 2.17x €4.29 Billion €1.98 Billion €2.80 Billion ▲ +161.6%
2013 0.83x €2.73 Billion €3.29 Billion €2.48 Billion ▼ -2.2%
2012 0.85x €2.41 Billion €2.84 Billion €2.41 Billion ▼ -21.0%
2011 1.07x €2.53 Billion €2.36 Billion €2.53 Billion ▲ +43.8%
2010 0.75x €2.30 Billion €3.08 Billion €2.30 Billion ▼ -37.2%
2009 1.19x €2.37 Billion €1.99 Billion €2.37 Billion ▲ +49.5%
2008 0.80x €1.97 Billion €2.47 Billion €1.97 Billion ▲ +25.4%
2007 0.63x €1.81 Billion €2.86 Billion €1.81 Billion ▼ -12.4%
2006 0.72x €1.52 Billion €2.10 Billion €1.52 Billion ▲ +13.3%
2005 0.64x €1.25 Billion €1.96 Billion €1.25 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow