European aviation group operating Lufthansa and other passenger airlines, alongside air cargo, aircraft maintenance and related services.
Profile & Fundamentals
Deutsche Lufthansa: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Deutsche Lufthansa Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
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, and Eurowings. The Logistics segment provides airfreight container management, time-critical shipments, and customs clearance services; and digital and modular logistics solutions for cross-border e-commerce solutions. The MRO segment provides maintenance, repair, and overhaul services for civil commercial aircraft serving original equipment manufacturers, aircraft leasing companies, VIP jet operators, government, armed forces, and airlines. It also sells flight tickets and related ancillary services through agents, its own websites, or other airlines; offers vocational and professional training for cockpit and cabin crew; and IT solutions. The company operates a fleet of 737 aircraft. Deutsche Lufthansa AG was founded in 1926 and is headquartered in Cologne, Germany.
Company profile record
Deutsche Lufthansa AG
Common Stock · Industrials · Passenger Airlines
Company
- Company / asset
- Deutsche Lufthansa AG
- Security type
- Common Stock
- Sector
- Industrials
- Industry
- Passenger Airlines
- HQ
- 🇩🇪 Germany
- Head office
- Venloer Strasse 151-153, Cologne, Germany, 50672
Leadership & scale
- Chief executive
- Mr. Carsten Spohr
- CEO year born
- 1966
- Full-time employees
- 103.3K
- Fiscal year end
- December
Fundamentals snapshot
- Market Cap
- EUR 9.3B
- P/E
- 13.9x
- Revenue (Q2 26)
- EUR 11.1B
- Profit (Q2 26)
- EUR 123.0M
- Dividend Yield
- 3.2%
- Revenue (FY 25)
- EUR 39.6B
- Shares in public float
- 1B
- Insider ownership
- 20.04%
Reporting & identifiers
- Symbol
- LHA.XETRA
- Listing
- 🇩🇪 Germany | Dividend Tax: 26.38%
- Ticker Currency
- EUR
- Income Statement Currency
- EUR
- Balance Sheet Currency
- EUR
- Cash Flow Currency
- EUR
- EPS Currency
- EUR
- Contract Type
- SPOT
- ISIN
- DE0008232125
- Asset ID
- equity_9e7d6f28-128b-5d19-94f9-b2c0b9edbe3b
Ownership
Shares Outstanding
Latest: 1.2B | Max: 1.2B | Min: 912.1M
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
83.06%
1.0B latest reported shares
Insider Ownership
20.04%
Latest reported insider stake
Short Float
--
Latest reported short interest / float
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 912,096,200 |
| 2018-01-01 | 924,412,100 |
| 2019-01-01 | 931,588,200 |
| 2020-01-01 | 1,015,418,800 |
| 2021-01-01 | 1,195,485,600 |
| 2022-01-01 | 1,195,485,600 |
| 2023-01-01 | 1,196,618,300 |
| 2024-01-01 | 1,196,786,700 |
| 2025-01-01 | 1,198,560,400 |
| 2026-01-01 | 1,230,000,000 |
Top Holders
Available reported ownership records.
No reported records are available in this preview.
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
Lufthansa's latest financial results tell a story of top-line strength colliding with sudden operational cost spikes. While full-year 2025 revenue reached 39.6 billion euros and continued growing into 2026, profits dropped sharply. In the second quarter of 2026, net income fell to 123 million euros despite record sales of 11.14 billion euros, heavily squeezed by an unexpected 750-million-euro surge in jet fuel expenses alongside labor disruptions. Crucially, this earnings squeeze is cyclical rather than a collapse in customer travel demand. Passengers are still flying, premium cabin bookings remain strong, and non-airline divisions like Lufthansa Technik and Cargo continue generating healthy profits. Once energy prices stabilize, underlying earnings should rebound substantially.
Lufthansa's latest financial results tell a story of top-line strength colliding with sudden operational cost spikes. While full-year 2025 revenue reached 39.6 billion euros and continued growing into 2026, profits dropped sharply. In the second quarter of 2026, net income fell to 123 million euros despite record sales of 11.14 billion euros, heavily squeezed by an unexpected 750-million-euro surge in jet fuel expenses alongside labor disruptions. Crucially, this earnings squeeze is cyclical rather than a collapse in customer travel demand. Passengers are still flying, premium cabin bookings remain strong, and non-airline divisions like Lufthansa Technik and Cargo continue generating healthy profits. Once energy prices stabilize, underlying earnings should rebound substantially.
Revenue, Net Income, and Free Cash Flow
Latest: EUR 39.6B | Max: EUR 39.6B | Min: EUR -6.7B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 8x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Operating profit margins have contracted significantly from post-pandemic highs above four percent down to roughly two percent recently. The primary causes are sharp spikes in jet fuel crack spreads, higher German airport charges, and generous multi-year wage agreements negotiated with flight and ground crews across Frankfurt and Munich hubs. Recovering healthy margins depends on structural cost discipline rather than endless ticket price increases. By migrating short-haul flights to lower-cost subsidiaries like City Airlines and rolling out premium Allegris seating on long-haul routes, Lufthansa is positioned to gradually rebuild operating margins back toward five percent over the medium term.
Operating profit margins have contracted significantly from post-pandemic highs above four percent down to roughly two percent recently. The primary causes are sharp spikes in jet fuel crack spreads, higher German airport charges, and generous multi-year wage agreements negotiated with flight and ground crews across Frankfurt and Munich hubs. Recovering healthy margins depends on structural cost discipline rather than endless ticket price increases. By migrating short-haul flights to lower-cost subsidiaries like City Airlines and rolling out premium Allegris seating on long-haul routes, Lufthansa is positioned to gradually rebuild operating margins back toward five percent over the medium term.
Profitability Margins
Latest: 9.5% | Max: 15.9% | Min: -49.5%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
9.5%
Gross profit / revenue
Operating Margin
2.1%
Operating income / revenue
Net Margin
3.4%
Net income / revenue
FCF Margin
-1.9%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-12-31 | 33,559,600,000 | 1,882,560,000 | 871,320,000 |
| 2017-12-31 | 42,339,010,000 | 2,784,600,000 | 2,165,800,000 |
| 2018-12-31 | 40,517,880,000 | 2,465,820,000 | 13,680,000 |
| 2019-12-31 | 40,794,880,000 | 1,358,560,000 | 350,560,000 |
| 2020-12-31 | 16,578,580,000 | -8,204,500,000 | -4,363,940,000 |
| 2021-12-31 | 19,164,540,000 | -2,497,740,000 | -798,000,000 |
| 2022-12-31 | 33,057,650,000 | 846,370,000 | 2,846,200,000 |
| 2023-12-31 | 38,986,200,000 | 1,840,300,000 | 724,900,000 |
| 2024-12-31 | 39,084,240,000 | 1,435,200,000 | -6,240,000 |
| 2025-12-31 | 46,328,490,000 | 1,566,630,000 | -862,290,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
Scroll the table to see every column.
| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-12-31 | 7.53 | Trailing four quarters |
| 2024-12-31 | 5.36 | Trailing four quarters |
| 2023-12-31 | 5.76 | Trailing four quarters |
| 2022-12-31 | 11.73 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-12-31 | 14.69 | 8.82 | 5.61 | 2.6 |
| 2017-12-31 | 15.92 | 7.78 | 6.58 | 5.12 |
| 2018-12-31 | 15.44 | 5.91 | 6.09 | 0.03 |
| 2019-12-31 | 11.72 | 2.52 | 3.33 | 0.86 |
| 2020-12-31 | -31.12 | -45.25 | -49.49 | -26.32 |
| 2021-12-31 | -6.5 | -17.79 | -13.03 | -4.16 |
| 2022-12-31 | 10.03 | 2.37 | 2.56 | 8.61 |
| 2023-12-31 | 12.09 | 4.28 | 4.72 | 1.86 |
| 2024-12-31 | 9.94 | 1.95 | 3.67 | -0.02 |
| 2025-12-31 | 9.53 | 2.1 | 3.38 | -1.86 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-06.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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