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Deutsche Lufthansa AGXSWX:LHA 72 Debt-to-EBITDA is 18.08 as of Mar. 2026, which is 690% above its 10-year median of 2.29. GuruFocus rates XSWX:LHA with a GF Score™ of 72/100 and a GF Value™ of CHF7.48 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 869 Transportation companies, Deutsche Lufthansa AG ranks better than 52.93% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Deutsche Lufthansa AG's Debt-to-EBITDA or its related term are showing as below:
XSWX:LHA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.2 Med: 2.29 Max: 181.4
Current: 2.47
During the past 13 years, the highest Debt-to-EBITDA Ratio of Deutsche Lufthansa AG was 181.40. The lowest was -4.20. And the median was 2.29.
XSWX:LHA's Debt-to-EBITDA is ranked better than 52.93% of 869
companies
in the Transportation industry
Industry Median: 2.64
vs XSWX:LHA: 2.47
Deutsche Lufthansa AG (XSWX:LHA) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Deutsche Lufthansa AG Debt-to-EBITDA Related Terms
Deutsche Lufthansa AG Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Deutsche Lufthansa AG's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:LHA vs DAL, UAL, LUV: Debt-to-EBITDA Comparison
For the Airlines subindustry, Deutsche Lufthansa AG's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Deutsche Lufthansa AG Debt-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Deutsche Lufthansa AG's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Deutsche Lufthansa AG's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Deutsche Lufthansa AG (XSWX:LHA) has a Debt-to-EBITDA of 18.08 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Deutsche Lufthansa AG. This is 690% above median its historical median of 2.29. According to the industry distribution chart, Deutsche Lufthansa AG ranks #409 out of 869 companies in the Transportation industry, placing it in the top 47.1%.
Is Deutsche Lufthansa AG's Debt-to-EBITDA too high?
Deutsche Lufthansa AG's current Debt-to-EBITDA of 18.08 is 690% above median its 10-year median of 2.29. The Transportation industry median Debt-to-EBITDA is 2.64. Deutsche Lufthansa AG's value of 18.08 is 584.8% above this industry median. Based on the distribution chart, Deutsche Lufthansa AG ranks #409 out of 869 companies in the Transportation industry, which is above the industry midpoint. Overall, Deutsche Lufthansa AG has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Lufthansa AG's Debt-to-EBITDA compare to DAL and UAL?
According to the Transportation industry distribution chart, Deutsche Lufthansa AG ranks #409 out of 869 companies for Debt-to-EBITDA. This puts Deutsche Lufthansa AG in the upper half of its industry. The industry median Debt-to-EBITDA is 2.64. Deutsche Lufthansa AG's value of 18.08 is 584.8% above this benchmark. While the company's 10-year median is 2.29 vs. the industry median of 2.64, Deutsche Lufthansa AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.64, based on 869 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deutsche Lufthansa AG's current Debt-to-EBITDA of 18.08 is 584.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Deutsche Lufthansa AG. For the Transportation industry, the median Debt-to-EBITDA is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deutsche Lufthansa AG's current Debt-to-EBITDA is 18.08, which is 690% above median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Lufthansa AG stock overvalued right now?
Based on GuruFocus' analysis, Deutsche Lufthansa AG (XSWX:LHA) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF7.48, compared to a current price of CHF8.66 — trading 15.7% above its estimated fair value. The current Debt-to-EBITDA is 18.08, which is 690% above median its 10-year median of 2.29 and 584.8% above the Transportation industry median of 2.64. Deutsche Lufthansa AG's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Deutsche Lufthansa AG (XSWX:LHA), the current Debt-to-EBITDA is 18.08 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Deutsche Lufthansa AG (XSWX:LHA) Overvalued in 2026?
Based on GuruFocus' analysis, Deutsche Lufthansa AG stock appears to be overvalued.
The current stock price of CHF8.66 is trading 15.7% above its estimated GF Value™ of CHF7.48.
GuruFocus considers Deutsche Lufthansa AG to be Modestly Overvalued.
Key valuation signals for XSWX:LHA:
Debt-to-EBITDA: 18.08 (690% above median its 10-year median of 2.29)
GF Value™: CHF7.48 vs. price of CHF8.66 (15.7% above fair value)
Industry Position: 584.8% above the Transportation median (#409 of 869)
No single metric tells the full story. See the XSWX:LHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lufthansa AG is a European airline group operating through three primary segments: passenger airlines, logistics (Lufthansa Cargo), and MRO (Lufthansa Technik). The passenger airlines segment includes Lufthansa German Airlines, SWISS, Austrian Airlines, Brussels Airlines, Eurowings, and the equity interest in SunExpress. As of 2025, Lufthansa also holds a 41% stake in ITA Airways, with strategic integration underway.
72GF Score
Get the complete analysis for XSWX:LHA
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