Deutsche Lufthansa AG (LHAB) — Tangible Net Worth Ratio

Latest as of December 2025: 91.0%

Deutsche Lufthansa AG (LHAB) has a Tangible Net Worth Ratio of 91.0% as of December 2025. This metric is calculated by deducting intangible assets (€1.05 Billion) from net assets (€11.71 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Deutsche Lufthansa AG (LHAB) equity growth momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

91.0%
Tangible equity / total equity

Net Assets (Equity)

€11.71 Billion
EUR

Intangible Assets

€1.05 Billion
Goodwill, patents, brand value

Total Assets

€48.39 Billion
EUR

Deutsche Lufthansa AG Tangible Net Worth Ratio (2016–2025)

This chart shows how Deutsche Lufthansa AG's Tangible Net Worth Ratio has changed across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 91.0%, reflecting net assets of €11.71 Billion with intangible assets of €1.05 Billion EUR. For live market cap and overall valuation, see Deutsche Lufthansa AG (LHAB) market capitalisation.

Annual Tangible Net Worth Ratio for Deutsche Lufthansa AG (2016–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Deutsche Lufthansa AG from 2016 to 2025, covering 10 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore LHAB capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 91.0% €11.71 Billion €1.05 Billion €48.39 Billion ▼ 0.0 pp
2024 91.0% €11.59 Billion €1.04 Billion €47.05 Billion ▲ +1.9 pp
2023 89.1% €9.71 Billion €1.06 Billion €45.32 Billion ▲ +1.8 pp
2022 87.3% €8.47 Billion €1.07 Billion €43.34 Billion ▲ +11.8 pp
2021 75.6% €4.49 Billion €1.10 Billion €42.54 Billion ▲ +56.9 pp
2020 18.7% €1.39 Billion €1.13 Billion €39.48 Billion ▼ -69.6 pp
2019 88.2% €10.26 Billion €1.21 Billion €42.66 Billion ▲ +0.3 pp
2018 87.9% €9.57 Billion €1.16 Billion €38.21 Billion ▼ -0.4 pp
2017 88.3% €9.60 Billion €1.12 Billion €36.27 Billion ▲ +3.7 pp
2016 84.6% €7.15 Billion €1.10 Billion €34.70 Billion
pp = percentage points