Deutsche Lufthansa AG Financial Flexibility Index

Latest as of March 2026: 0.08x

Deutsche Lufthansa AG financial flexibility index. 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). Explore Deutsche Lufthansa AG capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

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

Financial Flexibility Index of Deutsche Lufthansa AG (2005–2025)

Financial flexibility index of Deutsche Lufthansa AG from 2005 to 2025. Historical Financial Flexibility Index trend for Deutsche Lufthansa AG across 21 annual periods. Check LHA cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Deutsche Lufthansa AG Financial Flexibility Index by Year (2005–2025)

Deutsche Lufthansa AG financial flexibility index by year from 2005 to 2025. Year-by-year free cash flow to debt coverage for Deutsche Lufthansa AG. For the full cash flow conversion analysis, see Deutsche Lufthansa AG (LHA) cash conversion ratio.

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