Deutsche Lufthansa AG Net Assets
Deutsche Lufthansa AG net assets. Based on the latest financial reports, Deutsche Lufthansa AG (LHAB) has net assets worth €11.71 Billion EUR (≈ $13.69 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€48.39 Billion ≈ $56.58 Billion USD) and total liabilities (€36.68 Billion ≈ $42.89 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore net asset growth rate of Deutsche Lufthansa AG to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €11.71 Billion |
| % of Total Assets | 24.2% |
| Annual Growth Rate | 5.64% |
| 5-Year Change | 160.82% |
| 10-Year Change | N/A |
| Growth Volatility | 79.64 |
Net Assets of Deutsche Lufthansa AG (2016–2025)
Net assets of Deutsche Lufthansa AG from 2016 to 2025. This chart illustrates how Deutsche Lufthansa AG's net assets have evolved over time, based on quarterly financial data. See LHAB equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Deutsche Lufthansa AG (2016–2025)
The table below shows the annual net assets of Deutsche Lufthansa AG from 2016 to 2025. For live market cap and overall valuation, see how much is Deutsche Lufthansa AG worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €11.71 Billion ≈ $13.69 Billion |
+1.01% |
| 2024-12-31 | €11.59 Billion ≈ $13.55 Billion |
+19.41% |
| 2023-12-31 | €9.71 Billion ≈ $11.35 Billion |
+14.57% |
| 2022-12-31 | €8.47 Billion ≈ $9.91 Billion |
+88.73% |
| 2021-12-31 | €4.49 Billion ≈ $5.25 Billion |
+223.72% |
| 2020-12-31 | €1.39 Billion ≈ $1.62 Billion |
-86.48% |
| 2019-12-31 | €10.26 Billion ≈ $11.99 Billion |
+7.13% |
| 2018-12-31 | €9.57 Billion ≈ $11.19 Billion |
-0.26% |
| 2017-12-31 | €9.60 Billion ≈ $11.22 Billion |
+34.26% |
| 2016-12-31 | €7.15 Billion ≈ $8.36 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Deutsche Lufthansa AG's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 97.1% over the analyzed period, indicating profitable operations and earnings retention.
Deutsche Lufthansa AG Net Assets Breakdown (December 2025)
Deutsche Lufthansa AG net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €6.55 Billion | 56.25% |
| Other Components | €5.10 Billion | 43.75% |
| Total Equity | €11.65 Billion | 100.00% |
Deutsche Lufthansa AG Competitors by Market Cap
The table below lists competitors of Deutsche Lufthansa AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Affiliated Managers Group, Inc.
NYSE:AMG
|
$10.08 Billion |
|
Prada S.p.A.
F:PRP
|
$10.08 Billion |
|
Ningbo Zhoushan Port Co Ltd
SHG:601018
|
$10.11 Billion |
|
Stifel Financial Corporation
NYSE:SF
|
$10.11 Billion |
|
PGE Polska Grupa Energetyczna SA
WAR:PGE
|
$10.07 Billion |
|
ENKA Insaat ve Sanayi AS
IS:ENKAI
|
$10.06 Billion |
|
Grace Fabric Technology Co Ltd
SHG:603256
|
$10.06 Billion |
|
Ryder System Inc
NYSE:R
|
$10.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Deutsche Lufthansa AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,542,000,000 to 11,649,000,000, a change of 107,000,000 (0.9%).
- Net income of 1,339,000,000 contributed positively to equity growth.
- Dividend payments of 368,000,000 reduced retained earnings.
- Other factors decreased equity by 864,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.34 Billion | +11.49% |
| Dividends Paid | €368.00 Million | -3.16% |
| Other Changes | €-864.00 Million | -7.42% |
| Total Change | €- | 0.93% |
Book Value vs Market Value Analysis
This analysis compares Deutsche Lufthansa AG's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.76x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.36x to 0.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €20.15 | €7.35 | x |
| 2018-12-31 | €19.91 | €7.35 | x |
| 2019-12-31 | €21.22 | €7.35 | x |
| 2020-12-31 | €2.25 | €7.35 | x |
| 2021-12-31 | €3.72 | €7.35 | x |
| 2022-12-31 | €7.03 | €7.35 | x |
| 2023-12-31 | €8.07 | €7.35 | x |
| 2024-12-31 | €9.63 | €7.35 | x |
| 2025-12-31 | €9.71 | €7.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Deutsche Lufthansa AG utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.49%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.38%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 4.15x
- Recent ROE (11.49%) is above the historical average (-41.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 25.16% | 5.61% | 0.91x | 4.91x | €1.07 Billion |
| 2017 | 24.90% | 6.64% | 0.98x | 3.82x | €1.41 Billion |
| 2018 | 22.86% | 6.03% | 0.94x | 4.04x | €1.22 Billion |
| 2019 | 11.95% | 3.33% | 0.85x | 4.20x | €198.30 Million |
| 2020 | -499.26% | -49.49% | 0.34x | 29.31x | €-6.86 Billion |
| 2021 | -49.24% | -13.03% | 0.40x | 9.56x | €-2.64 Billion |
| 2022 | 9.41% | 2.41% | 0.76x | 5.16x | €-49.50 Million |
| 2023 | 17.32% | 4.72% | 0.78x | 4.69x | €707.10 Million |
| 2024 | 11.96% | 3.67% | 0.80x | 4.08x | €225.80 Million |
| 2025 | 11.49% | 3.38% | 0.82x | 4.15x | €174.10 Million |
Industry Comparison
This section compares Deutsche Lufthansa AG's net assets metrics with peer companies in the Airlines industry.
Industry Context
- Industry: Airlines
- Average net assets among peers: $24,307,543,337
- Average return on equity (ROE) among peers: 11.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Deutsche Lufthansa AG (LHAB) | €11.71 Billion | 25.16% | 3.13x | $10.07 Billion |
| Controladora Vuela Compañía de Aviación S.A.B. de C.V (2CDA) | $365.00 Million | 34.62% | 14.62x | $698.92 Million |
| Asia Aviation Public Company Limited (55AA) | $11.38 Billion | 30.56% | 5.62x | $247.88 Million |
| Bangkok Airways Public Company Limited (8BA) | $16.91 Billion | 18.39% | 2.42x | $5.18K |
| Air China Limited (AD2) | $39.23 Billion | -4.51% | 7.74x | $2.26 Billion |
| AIR CHINA LTD H ADR/20 (AD2B) | $65.87 Billion | -25.27% | 3.53x | $3.01 Billion |
| Copa Holdings S.A (C2H) | $2.37 Billion | 25.63% | 1.42x | $4.04 Billion |
| China Eastern Airlines Corporation Limited (CIAH) | $38.85 Billion | -4.20% | 6.51x | $1.48 Billion |
| CATHAY PAC.AIRW.HD-20ADR5 (CTYA) | $63.81 Billion | -10.38% | 1.84x | $8.96 Billion |
| EASYJET PLC SP.ADR NEW/4 (EJTS) | $3.50 Billion | 14.12% | 2.29x | $3.49 Billion |
| AIR FRANCE-KLM ADR EO 85 (FQZ) | $799.00 Million | 39.67% | 44.25x | $2.84 Billion |
About Deutsche Lufthansa AG
Deutsche Lufthansa AG operates as an aviation company in Europe, North America, Central and South America, Aisa/Pacific, the Middle East, and Africa. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, a… Read more