Deutsche Lufthansa AG (LHA) — Financial Flexibility Index

Latest as of March 2026: 0.08x

Deutsche Lufthansa AG (LHA) has a Financial Flexibility Index of 0.08x as of March 2026. Free cash flow of €3.09 Billion (operating CF €1.97 Billion minus capex €1.12 Billion) represents 0% of total liabilities (€38.30 Billion). Check LHA capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.08x
Free Cash Flow / Total Liabilities

Free Cash Flow

€3.09 Billion
Operating CF − Capex

Total Liabilities

€38.30 Billion
EUR

Capital Expenditures

€1.12 Billion
EUR

Deutsche Lufthansa AG Financial Flexibility Index (2005–2025)

Historical Financial Flexibility Index trend for Deutsche Lufthansa AG across 21 annual periods. For the full cash flow conversion analysis, see Deutsche Lufthansa AG cash flow conversion.

Annual Financial Flexibility Index for Deutsche Lufthansa AG (2005–2025)

Year-by-year free cash flow to debt coverage for Deutsche Lufthansa AG. Explore Deutsche Lufthansa AG cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 0.22x €8.21 Billion €3.74 Billion €37.71 Billion ▲ +2.2%
2024 0.21x €7.79 Billion €3.89 Billion €36.56 Billion ▼ -13.3%
2023 0.25x €8.96 Billion €4.91 Billion €36.45 Billion ▲ +11.6%
2022 0.22x €7.68 Billion €5.17 Billion €34.86 Billion ▲ +332.7%
2021 0.05x €1.94 Billion €618.00 Million €38.05 Billion ▲ +279.7%
2020 -0.03x €-1.08 Billion €-2.33 Billion €38.10 Billion ▼ -111.8%
2019 0.24x €7.75 Billion €4.03 Billion €32.40 Billion ▼ -16.6%
2018 0.29x €8.21 Billion €4.11 Billion €28.64 Billion ▼ -7.4%
2017 0.31x €8.25 Billion €5.04 Billion €26.67 Billion ▲ +50.3%
2016 0.21x €5.67 Billion €3.25 Billion €27.55 Billion ▼ -11.8%
2015 0.23x €6.21 Billion €3.39 Billion €26.62 Billion ▲ +29.3%
2014 0.18x €4.78 Billion €1.98 Billion €26.44 Billion ▼ -28.1%
2013 0.25x €5.77 Billion €3.29 Billion €22.98 Billion ▼ -3.8%
2012 0.26x €5.25 Billion €2.84 Billion €20.12 Billion ▲ +7.0%
2011 0.24x €4.89 Billion €2.36 Billion €20.04 Billion ▼ -4.7%
2010 0.26x €5.37 Billion €3.08 Billion €20.98 Billion ▲ +18.6%
2009 0.22x €4.36 Billion €1.99 Billion €20.19 Billion ▼ -24.7%
2008 0.29x €4.44 Billion €2.47 Billion €15.49 Billion ▼ -5.5%
2007 0.30x €4.68 Billion €2.86 Billion €15.42 Billion ▲ +21.7%
2006 0.25x €3.63 Billion €2.10 Billion €14.56 Billion ▲ +14.7%
2005 0.22x €3.21 Billion €1.96 Billion €14.75 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities