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Deutsche Lufthansa AGXSWX:LHA -2.01%71 Debt-to-Equity is 1.06 as of Mar. 2026, which is 23% below its 10-year median of 1.37. GuruFocus rates XSWX:LHA with a GF Score™ of 71/100 and a GF Value™ of CHF7.45 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 909 Transportation companies, Deutsche Lufthansa AG ranks worse than 72.72% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Deutsche Lufthansa AG's Debt-to-Equity or its related term are showing as below:
XSWX:LHA'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58 Med: 1.37 Max: 11.42
Current: 1.06
During the past 13 years, the highest Debt-to-Equity Ratio of Deutsche Lufthansa AG was 11.42. The lowest was 0.58. And the median was 1.37.
XSWX:LHA's Debt-to-Equity is ranked worse than 72.72% of 909
companies
in the Transportation industry
Industry Median: 0.53
vs XSWX:LHA: 1.06
Deutsche Lufthansa AG (XSWX:LHA) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Deutsche Lufthansa AG Debt-to-Equity Related Terms
Deutsche Lufthansa AG Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Deutsche Lufthansa AG's Debt-to-Equity 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-Equity Comparison
For the Airlines subindustry, Deutsche Lufthansa AG's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Deutsche Lufthansa AG's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Deutsche Lufthansa AG's Debt-to-Equity 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.
Deutsche Lufthansa AG (XSWX:LHA) has a Debt-to-Equity of 1.06 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Deutsche Lufthansa AG and its competitors. This is 23% below median its historical median of 1.37. Over the past decade, Deutsche Lufthansa AG's Debt-to-Equity has ranged from 0.58 to 11.42. According to the industry distribution chart, Deutsche Lufthansa AG ranks #661 out of 909 companies in the Transportation industry, placing it in the top 72.7%.
Is Deutsche Lufthansa AG's Debt-to-Equity too high?
Deutsche Lufthansa AG's current Debt-to-Equity of 1.06 is 23% below median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 11.42. The Transportation industry median Debt-to-Equity is 0.53. Deutsche Lufthansa AG's value of 1.06 is 100% above this industry median. Based on the distribution chart, Deutsche Lufthansa AG ranks #661 out of 909 companies in the Transportation industry, which is below the industry midpoint. Overall, Deutsche Lufthansa AG has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Lufthansa AG's Debt-to-Equity compare to DAL and UAL?
According to the Transportation industry distribution chart, Deutsche Lufthansa AG ranks #661 out of 909 companies for Debt-to-Equity. This places Deutsche Lufthansa AG in the lower half of its industry. The industry median Debt-to-Equity is 0.53. Deutsche Lufthansa AG's value of 1.06 is 100% above this benchmark. Historically, Deutsche Lufthansa AG's own Debt-to-Equity has ranged from 0.58 to 11.42 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 0.53, 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-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 909 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deutsche Lufthansa AG's current Debt-to-Equity of 1.06 is 100% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Deutsche Lufthansa AG and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deutsche Lufthansa AG's current Debt-to-Equity is 1.06, which is 23% below median its own 10-year median of 1.37. 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 CHF7.45, compared to a current price of CHF8.48 — trading 13.9% above its estimated fair value. The current Debt-to-Equity is 1.06, which is 23% below median its 10-year median of 1.37 and 100% above the Transportation industry median of 0.53. Deutsche Lufthansa AG's overall GF Score™ is 71/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Deutsche Lufthansa AG (XSWX:LHA), the current Debt-to-Equity is 1.06 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 CHF8.48 is trading 13.9% above its estimated GF Value™ of CHF7.45.
GuruFocus considers Deutsche Lufthansa AG to be Modestly Overvalued.
Key valuation signals for XSWX:LHA:
Debt-to-Equity: 1.06 (23% below median its 10-year median of 1.37)
GF Value™: CHF7.45 vs. price of CHF8.48 (13.9% above fair value)
Industry Position: 100% above the Transportation median (#661 of 909)
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.
71GF Score
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