Deutsche Lufthansa AG (WBO:LHA) EBIT: €2,758 Mil (TTM As of Mar. 2026)


WBO:LHA Deutsche Lufthansa AG WBO:LHA
71 GF Score
Price €9.54
GF Value €7.94
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Deutsche Lufthansa AG EBIT?

Deutsche Lufthansa AG WBO:LHA +3.63% 71 EBIT is €2,758 Mil as of Mar. 2026. GuruFocus rates WBO:LHA with a GF Score™ of 71/100 and a GF Value™ of €7.94 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Deutsche Lufthansa AG's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €-462 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €2,758 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Deutsche Lufthansa AG's annualized ROC % for the quarter that ended in Mar. 2026 was -3.56%. Deutsche Lufthansa AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -7.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Deutsche Lufthansa AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.29%.


Deutsche Lufthansa AG  (WBO:LHA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Deutsche Lufthansa AG's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-1680 * ( 1 - 0% )/( (46712 + 47722)/ 2 )
=-1680/47217
=-3.56 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Deutsche Lufthansa AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1848/( ( (25407 + max(-12112, 0)) + (26139 + max(-11031, 0)) )/ 2 )
=-1848/( ( 25407 + 26139 )/ 2 )
=-1848/25773
=-7.17 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2406 + 1642 + 1333) - (5465 + 0 + 12028)
=-12112

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5448 + 1647 + 2520) - (7199 + 0 + 13447)
=-11031

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Deutsche Lufthansa AG's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2758/16928.650
=16.29 %

* 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 EBIT Related Terms


Deutsche Lufthansa AG EBIT Historical Data

* Premium members only.

The historical data trend for Deutsche Lufthansa AG's EBIT 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.

Deutsche Lufthansa AG EBIT Chart

Deutsche Lufthansa AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,163.00 1,726.00 2,910.00 2,166.00 2,467.00

Deutsche Lufthansa AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -753.00 1,163.00 1,460.00 597.00 -462.00

WBO:LHA vs DAL, UAL, LUV: EBIT Comparison

For the Airlines subindustry, Deutsche Lufthansa AG's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Deutsche Lufthansa AG's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Deutsche Lufthansa AG's EV-to-EBIT falls into.


WBO:LHA
71GF Score
Deutsche Lufthansa AG WBO:LHA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Deutsche Lufthansa AG EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,758 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €2,758 Mil mean?
Deutsche Lufthansa AG (WBO:LHA) has a EBIT of €2,758 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Deutsche Lufthansa AG.
Is Deutsche Lufthansa AG's EBIT too high?
Deutsche Lufthansa AG's current EBIT is €2,758 Mil. 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 EBIT compare to DAL and UAL?
Deutsche Lufthansa AG's EBIT of €2,758 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Transportation company?
A good EBIT depends on the Transportation industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Deutsche Lufthansa AG. Deutsche Lufthansa AG's current EBIT is €2,758 Mil. 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 (WBO:LHA) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.94, compared to a current price of €9.54 — trading 20.1% above its estimated fair value. The current EBIT is €2,758 Mil. 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 EBIT calculated?
EBIT is calculated from a company's financial statements. For Deutsche Lufthansa AG (WBO:LHA), the current EBIT is €2,758 Mil 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 (WBO:LHA) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche Lufthansa AG stock appears to be overvalued. The current stock price of €9.54 is trading 20.1% above its estimated GF Value™ of €7.94. GuruFocus considers Deutsche Lufthansa AG to be Modestly Overvalued.

Key valuation signals for WBO:LHA:

  • EBIT: €2,758 Mil
  • GF Value™: €7.94 vs. price of €9.54 (20.1% above fair value)
  • GF Score™: 71/100 with 6 warning signs

No single metric tells the full story. See the WBO:LHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deutsche Lufthansa AG Business Description

Address Venloer Street 151-153, Cologne, NW, DEU, 50672
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

Get the complete analysis for WBO:LHA

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€9.54
Price
€7.94
GF Value