Deutsche Lufthansa AG (LHA) — Cash Flow Reinvestment Rate
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. See Deutsche Lufthansa AG free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Deutsche Lufthansa AG Cash Flow Reinvestment Rate (2005–2025)
Historical reinvestment intensity for Deutsche Lufthansa AG across 20 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Deutsche Lufthansa AG.
Annual Cash Flow Reinvestment Rate for Deutsche Lufthansa AG (2005–2025)
Year-by-year capital reinvestment analysis for Deutsche Lufthansa AG. See LHA free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
| 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 | — |