Deutsche Lufthansa AG (LHAB) - Net Assets
Based on the latest financial reports, Deutsche Lufthansa AG (LHAB) has net assets worth €11.42 Billion EUR (≈ $13.35 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€48.83 Billion ≈ $57.08 Billion USD) and total liabilities (€37.41 Billion ≈ $43.73 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. Check LHAB asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €11.42 Billion |
| % of Total Assets | 23.39% |
| Annual Growth Rate | 6.23% |
| 5-Year Change | 735.9% |
| 10-Year Change | N/A |
| Growth Volatility | 83.58 |
Deutsche Lufthansa AG - Net Assets Trend (2016–2024)
This chart illustrates how Deutsche Lufthansa AG's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Deutsche Lufthansa AG for the complete picture of this company's asset base.
Annual Net Assets for Deutsche Lufthansa AG (2016–2024)
The table below shows the annual net assets of Deutsche Lufthansa AG from 2016 to 2024. For live valuation and market cap data, see Deutsche Lufthansa AG stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 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 64.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €5.48 Billion | 47.45% |
| Other Components | €6.07 Billion | 52.55% |
| Total Equity | €11.54 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 |
|---|---|
|
National Silicon Industry Group Co Ltd
SHG:688126
|
$9.97 Billion |
|
Oklo Inc.
NYSE:OKLO
|
$9.97 Billion |
|
Akzo Nobel NV
AS:AKZA
|
$9.97 Billion |
|
Sanan Optoelectronics Co Ltd
SHG:600703
|
$9.98 Billion |
|
Texas Pacific Land Trust
NYSE:TPL
|
$9.96 Billion |
|
Groep Brussel Lambert NV
BR:GBLB
|
$9.96 Billion |
|
DaVita HealthCare Partners Inc
NYSE:DVA
|
$9.96 Billion |
|
WISE PLC SPONS.ADR/1
F:6WS0
|
$9.95 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 2023 to 2024, total equity changed from 9,659,000,000 to 11,542,000,000, a change of 1,883,000,000 (19.5%).
- Net income of 1,380,000,000 contributed positively to equity growth.
- Dividend payments of 372,000,000 reduced retained earnings.
- Other factors increased equity by 875,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.38 Billion | +11.96% |
| Dividends Paid | €372.00 Million | -3.22% |
| Other Changes | €875.00 Million | +7.58% |
| Total Change | €- | 19.49% |
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: 0.75x
- 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 0.75x 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 | €7.20 | x |
| 2018-12-31 | €19.91 | €7.20 | x |
| 2019-12-31 | €21.22 | €7.20 | x |
| 2020-12-31 | €2.25 | €7.20 | x |
| 2021-12-31 | €3.72 | €7.20 | x |
| 2022-12-31 | €7.03 | €7.20 | x |
| 2023-12-31 | €8.07 | €7.20 | x |
| 2024-12-31 | €9.63 | €7.20 | 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): 11.96%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.67%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 4.08x
- Recent ROE (11.96%) is above the historical average (-47.22%), 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 |
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: $18,529,664,819
- Average return on equity (ROE) among peers: -10.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Deutsche Lufthansa AG (LHAB) | €11.42 Billion | 25.16% | 3.28x | $9.97 Billion |
| Controladora Vuela Compañía de Aviación S.A.B. de C.V (2CDA) | $5.53 Billion | 47.73% | 10.45x | $741.53 Million |
| Asia Aviation Public Company Limited (55AA) | $11.38 Billion | 30.56% | 5.62x | $375.58 Million |
| Bangkok Airways Public Company Limited (8BA) | $16.91 Billion | 18.39% | 2.42x | $3.62K |
| Air China Limited (AD2) | $21.56 Billion | -179.12% | 12.68x | $3.04 Billion |
| AIR CHINA LTD H ADR/20 (AD2B) | $35.29 Billion | -2.97% | 8.50x | $3.01 Billion |
| Copa Holdings S.A (C2H) | $1.29 Billion | -46.33% | 1.98x | $3.47 Billion |
| China Eastern Airlines Corporation Limited (CIAH) | $61.60 Billion | 4.38% | 2.88x | $2.39 Billion |
| EASYJET PLC SP.ADR NEW/4 (EJTS) | $3.50 Billion | 14.12% | 2.29x | $3.49 Billion |
| Deutsche Lufthansa AG (LHA) | $9.71 Billion | 17.23% | 3.75x | $10.27 Billion |
About Deutsche Lufthansa AG
Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings. Its Logistics segment offers airfreight c… Read more