Deutsche Lufthansa AG

XTRA:LHA Rapport sur les actions

Capitalisation boursière : €9.5b

Deutsche Lufthansa Gestion

Gestion contrôle des critères 2/4

Le PDG Deutsche Lufthansa est Carsten Spohr, nommé en Jan2011, a un mandat de 15.33 ans. La rémunération annuelle totale est € 8.83M, composée du salaire de 21.4% et des bonus 78.6%, y compris les actions et options de la société. détient directement 0.029% des actions de la société, d'une valeur de € 2.76M. La durée moyenne de mandat de l'équipe de direction et du conseil d'administration est respectivement 5 ans et 6 ans.

Informations clés

Carsten Spohr

Directeur général

€8.8m

Rémunération totale

Pourcentage du salaire du PDG21.42%
Durée du mandat du directeur général15.3yrs
Propriété du PDG0.03%
Durée moyenne d'occupation des postes de direction5yrs
Durée moyenne du mandat des membres du conseil d'administration6yrs

Mises à jour récentes de la gestion

Recent updates

Article d’analyse • 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...
Mise à jour du récit • 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.
Mise à jour du récit • 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.
Mise à jour du récit • 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.
Mise à jour du récit • 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.
Mise à jour du récit • 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.
Mise à jour du récit • 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.
Mise à jour du récit • 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.
Mise à jour du récit • 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.
Mise à jour du récit • 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.
Article d’analyse • 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...
Mise à jour du récit • 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.
Mise à jour du récit • 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.
Article d’analyse • 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...
Mise à jour du récit • 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.
Mise à jour du récit • 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.
Article d’analyse • 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...
Mise à jour du récit • 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.
Article d’analyse • 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...
Article d’analyse • 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...
Article d’analyse • 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...
User avatar
Nouveau récit • 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.

Analyse de la rémunération des PDG

Comment la rémunération de Carsten Spohr a-t-elle évolué par rapport aux bénéfices de Deutsche Lufthansa?
DateRémunération totaleSalaireBénéfices de l'entreprise
Mar 31 2026n/an/a

€2b

Dec 31 2025€9m€2m

€1b

Sep 30 2025n/an/a

€2b

Jun 30 2025n/an/a

€2b

Mar 31 2025n/an/a

€1b

Dec 31 2024€6m€2m

€1b

Sep 30 2024n/an/a

€1b

Jun 30 2024n/an/a

€1b

Mar 31 2024n/an/a

€2b

Dec 31 2023€6m€2m

€2b

Sep 30 2023n/an/a

€2b

Jun 30 2023n/an/a

€2b

Mar 31 2023n/an/a

€1b

Dec 31 2022€5m€2m

€997m

Sep 30 2022n/an/a

€183m

Jun 30 2022n/an/a

-€695m

Mar 31 2022n/an/a

-€2b

Dec 31 2021€3m€2m

-€2b

Sep 30 2021n/an/a

-€3b

Jun 30 2021n/an/a

-€5b

Mar 31 2021n/an/a

-€6b

Dec 31 2020€6m€1m

-€7b

Sep 30 2020n/an/a

-€5b

Jun 30 2020n/an/a

-€2b

Mar 31 2020n/an/a

-€569m

Dec 31 2019€6m€2m

€1b

Rémunération vs marché: La rémunération totale de Carsten ($USD 10.25M ) est supérieure à la moyenne des entreprises de taille similaire sur le marché German ($USD 5.56M ).

Rémunération et revenus: La rémunération de Carsten a augmenté de plus de 20 % au cours de l'année écoulée.

PDG

Carsten Spohr (59 yo)

15.3yrs
Titularisation
€8,832,000
Compensation

Mr. Carsten Spohr has been an Independent Member of Supervisory Board at Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München since April 29, 2020. He served as Interim Chief Financial Of...

Équipe de direction

NomPositionTitularisationCompensationPropriété
Carsten Spohr
Chairman of the Executive Board & CEO15.3yrs€8.83m0.029%
€ 2.8m
Till Streichert
CFO & Member of Executive Board1.7yrs€3.75mpas de données
Michael Niggemann
Chief HR & Legal Officer and Member of the Executive Board6.3yrs€4.29m0.0083%
€ 789.1k
Dieter Vranckx
Chief Commercial Officer & Member of Management Board1.8yrs€2.62mpas de données
Grazia Vittadini
CTO & Member of the Executive Board1.8yrs€2.58mpas de données
Marc-Dominic Nettesheim
Head of Investor Relationsno datapas de donnéespas de données
Jorg Eberhart
Head of Strategy & Organizational Development4.6yrspas de donnéespas de données
Steffan Harbarth
Chief Commercial Officer for Munich Hub10.3yrspas de donnéespas de données
Markus Binkert
Chief Commercial Officer of Swiss International Airlinesno datapas de donnéespas de données
Stefan Kreuzpaintner
Chief Commercial Officer5.3yrspas de donnéespas de données
Kay Lindemann
Head of Corporate International Relations & Government Affairs of Lufthansa Groupno datapas de donnéespas de données
Peter Kunz
Head of Industrial & Logistics for EMEA and Germanyno datapas de donnéespas de données
5.0yrs
Durée moyenne de l'emploi
52yo
Âge moyen

Gestion expérimentée: L'équipe de direction de LHA est considérée comme expérimentée (ancienneté moyenne 5 ans).

Membres du conseil d'administration

NomPositionTitularisationCompensationPropriété
Johannes Teyssen
Chairman of Supervisory Boardno datapas de donnéespas de données
Erich Clementi
Independent Member of Supervisory Board6yrs€150.00kpas de données
Harald Kruger
Independent Member of Supervisory Board6yrs€225.00kpas de données
Angela Titzrath
Independent Member of Supervisory Board5.7yrs€125.00kpas de données
Britta Seeger
Member of Supervisory Board5yrs€100.00kpas de données
Christine Behle
Vice Chairwoman of the Supervisory Board13yrs€175.00kpas de données
Astrid Stange
Independent Member of Supervisory Board6yrs€100.00kpas de données
Christian Hirsch
Employee Representative Member of Supervisory Board2.8yrs€150.00kpas de données
Holger Koch
Employee Representative Member of Supervisory Board8yrs€150.00kpas de données
Birgit Rohleder
Employee Representative Member of Supervisory Board8yrs€100.00kpas de données
Klaus Winkler
Employee Representative Member of Supervisory Board8yrs€150.00kpas de données
Tim Busse
Employee Representative Member of Supervisory Board2.8yrs€100.00kpas de données
6.0yrs
Durée moyenne de l'emploi
59.5yo
Âge moyen

Conseil d'administration expérimenté: Les membres du conseil d'administration de LHA sont considérés comme expérimentés (ancienneté moyenne 6 ans).

Analyse de l'entreprise et données financières

DonnéesDernière mise à jour (heure UTC)
Analyse de l'entreprise2026/05/22 16:59
Cours de l'action en fin de journée2026/05/22 00:00
Les revenus2026/03/31
Revenus annuels2025/12/31

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

PaquetDonnéesCadre temporelExemple de source américaine *
Finances de l'entreprise10 ans
  • Compte de résultat
  • Tableau des flux de trésorerie
  • Bilan
Estimations consensuelles des analystes+3 ans
  • Prévisions financières
  • Objectifs de prix des analystes
Prix du marché30 ans
  • Cours des actions
  • Dividendes, scissions et actions
Propriété10 ans
  • Actionnaires principaux
  • Délits d'initiés
Gestion10 ans
  • L'équipe dirigeante
  • Conseil d'administration
Principaux développements10 ans
  • Annonces de l'entreprise

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github; nous proposons également des guides expliquant comment utiliser nos rapports et des tutoriels sur Youtube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

Deutsche Lufthansa AG est couverte par 30 analystes. 14 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

AnalysteInstitution
David FintzenBarclays
Andrew LobbenbergBarclays
Conor DwyerBerenberg