Deutsche Lufthansa AG

XTRA:LHA Stock Report

Market Cap: €9.8b

Deutsche Lufthansa Dividends and Buybacks

Dividend criteria checks 2/6

Deutsche Lufthansa is a dividend paying company with a current yield of 4.05% that is well covered by earnings.

Key information

4.0%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield5.7%
Dividend Growth-7.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio25%

Recent dividend and buyback updates

Recent updates

Analysis Article May 15

There May Be Underlying Issues With The Quality Of Deutsche Lufthansa's (ETR:LHA) Earnings

Deutsche Lufthansa AG ( ETR:LHA ) just reported some strong earnings, and the market reacted accordingly with a healthy...
Narrative Update May 03

LHA: Cost Execution And Margin Discipline Will Support Future Rerating Potential

The analyst price target for Deutsche Lufthansa has been trimmed by roughly €0.33, reflecting a series of recent target cuts and downgrades across major banks as analysts factor in slightly higher discount rates, modestly adjusted profit margin expectations, and a somewhat higher assumed future P/E multiple. Analyst Commentary Recent research points to a mixed but still constructive view on Deutsche Lufthansa, with several firms refining their targets and ratings as new information comes through.
Narrative Update Apr 19

LHA: Execution On Costs And Margins Will Support Future Rerating Potential

The updated analyst price target for Deutsche Lufthansa has been trimmed by roughly €0.34. Analysts cite recent target cuts at several major banks and slightly lower fair value and profit margin assumptions, partly offset by revised revenue growth expectations and a lower future P/E multiple.
Narrative Update Apr 03

LHA: Turnaround Execution And Fuel Cost Management Will Drive Future Upside Potential

The updated analyst price target for Deutsche Lufthansa moves modestly higher by about €0.42. This reflects analysts' mixed but generally constructive views that factor in revised growth assumptions, margin expectations and sector P/E comparisons following recent upgrades, downgrades and target tweaks across the Street.
Narrative Update Mar 20

LHA: Turnaround Execution And Fuel Costs Will Shape Fairly Balanced Outlook

Analysts have revised Deutsche Lufthansa's fair value estimate from €6.00 to €7.00, reflecting a mix of reduced price targets from several banks and more constructive views from others who highlight operational improvement efforts and the potential impact of easing fuel costs over time. Analyst Commentary Recent Street research on Deutsche Lufthansa shows a split picture, with some firms raising targets or upgrading ratings while others trim expectations and highlight execution and growth risks.
Narrative Update Mar 06

LHA: Turnaround Execution And IT Overhaul Will Support Future Rerating Potential

Analyst fair value for Deutsche Lufthansa has nudged up only slightly to €11.75 from €11.74, as mixed Street price target moves, including cuts around €7.60 and upgrades toward €9.30, leave the overall outlook largely unchanged, but incrementally more constructive on profitability and near term growth assumptions. Analyst Commentary Recent Street research around Deutsche Lufthansa has been mixed, but there is a clear cluster of more positive calls that help explain why fair value estimates have edged higher even as some targets remain cautious.
Narrative Update Feb 20

LHA: Turnaround Plan And IT Overhaul Will Support Future Repricing Potential

Our updated analyst price target for Deutsche Lufthansa edges higher to €11.74 from €11.57, reflecting modestly adjusted assumptions on revenue growth, profit margins and discount rate. This sits alongside mixed but generally more constructive Street research, where several firms have raised price targets and at least one has upgraded the stock.
Narrative Update Feb 05

LHA: Turnaround Execution Risk Will Likely Cap Upside Despite Recent Upgrade

Analysts have raised their fair value estimate for Deutsche Lufthansa to €6.0 from €5.0, reflecting updated views on discount rates, revenue growth, profit margins and P/E assumptions, informed by recent mixed price target changes from Deutsche Bank, Barclays, Morgan Stanley and JPMorgan. Analyst Commentary Recent research on Deutsche Lufthansa shows a mixed set of opinions, with some firms turning more constructive and others taking a more cautious stance on the shares and the company’s ability to deliver on its plans.
Narrative Update Jan 22

LHA: Turnaround Program And IT Overhaul Will Support Higher Future Earnings

Analysts have lifted their fair value estimate for Deutsche Lufthansa from €10.67 to €11.57, reflecting recent price target increases across several banks and updated assumptions on discount rate, revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent Street research on Deutsche Lufthansa has been mixed, but there is a clear cluster of bullish analysts who see upside potential relative to prior expectations.
Narrative Update Jan 08

LHA: Turnaround Uncertainty And Execution Risks Will Constrain Share Recovery Potential

Analysts have increased the fair value estimate for Deutsche Lufthansa to about €8.30 from €8.01, citing improved profit margin assumptions, a slightly lower discount rate and recent upward revisions to price targets, including a move to €9.30 at one major firm and €8 at another. Analyst Commentary Recent research opinions on Deutsche Lufthansa have shifted meaningfully over the past few months, with some firms turning more constructive and others taking a more cautious stance.
Analysis Article Jan 04

Here's Why Deutsche Lufthansa (ETR:LHA) Has A Meaningful Debt Burden

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Narrative Update Dec 22

LHA: Mixed Ratings And Fleet Delays Will Shape Recovery Path Ahead

Analysts have nudged their fair value estimate for Deutsche Lufthansa slightly higher to roughly EUR 8.01 from about EUR 7.89, citing moderately stronger revenue growth expectations and a higher future earnings multiple, despite ongoing profitability and macro headwinds reflected in mixed recent price target revisions. Analyst Commentary Recent Street research on Deutsche Lufthansa presents a mixed outlook, with price targets clustering below the updated fair value estimate and ratings skewed toward caution.
Narrative Update Dec 08

LHA: Mixed Ratings Will Shape Recovery Outlook Amid Delayed Widebody Deliveries

The analyst price target for Deutsche Lufthansa has been modestly raised to EUR 7.89 from EUR 7.50 as analysts factor in slightly lower perceived risk and improving profit margins, even as they moderate long term growth and valuation assumptions in light of mixed recent research views. Analyst Commentary Recent Street research on Deutsche Lufthansa highlights a mixed backdrop, with modest upward adjustments to some price targets offset by more cautious ratings and valuation resets.
Analysis Article Nov 08

Deutsche Lufthansa's (ETR:LHA) Promising Earnings May Rest On Soft Foundations

Deutsche Lufthansa AG ( ETR:LHA ) just reported some strong earnings, and the market reacted accordingly with a healthy...
Narrative Update Oct 30

LHA: Market Headwinds And Aircraft Delays Will Shape Earnings Recovery Prospects

Deutsche Lufthansa's analyst price target has been revised lower. The latest consensus estimate decreased from €7.57 to €7.50, as analysts cite continued headwinds and reduced earnings expectations following industry downgrades and cautious outlooks.
Narrative Update Oct 15

Overoptimistic Projections Will Crumble Under Mounting Cost Pressures

Analysts have slightly lowered their price target for Deutsche Lufthansa, reducing it from €7.65 to €7.57. They cite continued industry headwinds and a cautious outlook on profitability and growth assumptions.
Analysis Article Sep 18

Is Deutsche Lufthansa (ETR:LHA) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Narrative Update Sep 04

Overoptimistic Projections Will Crumble Under Mounting Cost Pressures

Analysts remain cautious on Lufthansa due to valuation concerns despite stable demand and segmental strength in logistics and MRO, as reduced perceived upside and expectations of softer unit revenue leave the consensus analyst price target unchanged at €7.65. Analyst Commentary Analysts see demand for European airlines remaining stable, but regard Lufthansa's valuation as less attractive at current levels.
Analysis Article Aug 13

When Should You Buy Deutsche Lufthansa AG (ETR:LHA)?

XTRA:LHA 1 Year Share Price vs Fair Value Explore Deutsche Lufthansa's Fair Values from the Community and select yours...
Analysis Article Jul 08

Investors Will Want Deutsche Lufthansa's (ETR:LHA) Growth In ROCE To Persist

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Jun 17

Is There An Opportunity With Deutsche Lufthansa AG's (ETR:LHA) 49% Undervaluation?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Deutsche Lufthansa fair value estimate is €13.65 Deutsche...
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New Narrative Nov 28

Lufthansa Set To Soar With Digital Advancements And Fleet Modernization Despite Industry Challenges

Lufthansa's operational improvements and fleet modernization are set to enhance net margins by reducing costs and boosting efficiency.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: LHA's dividend payments have been volatile in the past 10 years.

Growing Dividend: LHA's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Deutsche Lufthansa Dividend Yield vs Market
How does LHA dividend yield compare to the market?
SegmentDividend Yield
Company (LHA)4.0%
Market Bottom 25% (DE)1.5%
Market Top 25% (DE)4.5%
Industry Average (Airlines)2.5%
Analyst forecast (LHA) (up to 3 years)5.7%

Notable Dividend: LHA's dividend (4.05%) is higher than the bottom 25% of dividend payers in the German market (1.48%).

High Dividend: LHA's dividend (4.05%) is low compared to the top 25% of dividend payers in the German market (4.53%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (25.5%), LHA's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: LHA is paying a dividend but the company has no free cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/26 18:12
End of Day Share Price 2026/05/26 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Deutsche Lufthansa AG is covered by 30 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David FintzenBarclays
Andrew LobbenbergBarclays
Conor DwyerBerenberg