Deutsche Lufthansa AG (HAM:LHA) FCF Margin %: 11.03% (As of Mar. 2026) — 2351% Above Median


HAM:LHA Deutsche Lufthansa AG HAM:LHA
74 GF Score
Price €9.53
GF Value €7.88
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Deutsche Lufthansa AG FCF Margin %?

Deutsche Lufthansa AG HAM:LHA +4.15% 74 FCF Margin % is 11.03% as of Mar. 2026, which is 2351% above its 10-year median of 0.45. GuruFocus rates HAM:LHA with a GF Score™ of 74/100 and a GF Value™ of €7.88 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,006 Transportation companies, Deutsche Lufthansa AG ranks worse than 69.18% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Deutsche Lufthansa AG's Free Cash Flow for the three months ended in Mar. 2026 was €965 Mil. Deutsche Lufthansa AG's Revenue for the three months ended in Mar. 2026 was €8,746 Mil. Therefore, Deutsche Lufthansa AG's FCF Margin % for the quarter that ended in Mar. 2026 was 11.03%.

As of today, Deutsche Lufthansa AG's current FCF Yield % is -3.31%.

The historical rank and industry rank for Deutsche Lufthansa AG's FCF Margin % or its related term are showing as below:

HAM:LHA' s FCF Margin % Range Over the Past 10 Years
Min: -26.32   Med: 0.45   Max: 8.61
Current: -0.95


During the past 13 years, the highest FCF Margin % of Deutsche Lufthansa AG was 8.61%. The lowest was -26.32%. And the median was 0.45%.

HAM:LHA's FCF Margin % is ranked worse than
69.18% of 1006 companies
in the Transportation industry
Industry Median: 4.38 vs HAM:LHA: -0.95


Deutsche Lufthansa AG FCF Margin % Related Terms


Deutsche Lufthansa AG FCF Margin % Historical Data

* Premium members only.

The historical data trend for Deutsche Lufthansa AG's FCF Margin % 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 FCF Margin % Chart

Deutsche Lufthansa AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.47 8.61 2.53 -0.02 -1.11

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
FCF Margin % 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 10.48 1.27 3.70 -19.02 11.03

HAM:LHA vs DAL, UAL, LUV: FCF Margin % Comparison

For the Airlines subindustry, Deutsche Lufthansa AG's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Deutsche Lufthansa AG's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Deutsche Lufthansa AG's FCF Margin % falls into.


HAM:LHA
74GF Score
Deutsche Lufthansa AG HAM:LHA
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Deutsche Lufthansa AG FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Deutsche Lufthansa AG's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-438/39597
=-1.11 %

Deutsche Lufthansa AG's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=965/8746
=11.03 %

* 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 FCF Margin % →
What does a FCF Margin % of 11.03% mean?
Deutsche Lufthansa AG (HAM:LHA) has a FCF Margin % of 11.03% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Deutsche Lufthansa AG and its competitors. This is 2351% above median its historical median of 0.45. According to the industry distribution chart, Deutsche Lufthansa AG ranks #696 out of 1006 companies in the Transportation industry, placing it in the top 69.2%.
Is Deutsche Lufthansa AG's FCF Margin % too high?
Deutsche Lufthansa AG's current FCF Margin % of 11.03% is 2351% above median its 10-year median of 0.45. The Transportation industry median FCF Margin % is 4.38. Deutsche Lufthansa AG's value of 11.03% is 151.8% above this industry median. Based on the distribution chart, Deutsche Lufthansa AG ranks #696 out of 1006 companies in the Transportation industry, which is below the industry midpoint. Overall, Deutsche Lufthansa AG has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Lufthansa AG's FCF Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Deutsche Lufthansa AG ranks #696 out of 1006 companies for FCF Margin %. This places Deutsche Lufthansa AG in the lower half of its industry. The industry median FCF Margin % is 4.38. Deutsche Lufthansa AG's value of 11.03% is 151.8% above this benchmark. While the company's 10-year median is 0.45 vs. the industry median of 4.38, 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 FCF Margin % for a Transportation company?
The median FCF Margin % among Transportation companies is 4.38, based on 1,006 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deutsche Lufthansa AG's current FCF Margin % of 11.03% is 151.8% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Deutsche Lufthansa AG and its competitors. For the Transportation industry, the median FCF Margin % is 4.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deutsche Lufthansa AG's current FCF Margin % is 11.03%, which is 2351% above median its own 10-year median of 0.45. 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 (HAM:LHA) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.88, compared to a current price of €9.53 — trading 21% above its estimated fair value. The current FCF Margin % is 11.03%, which is 2351% above median its 10-year median of 0.45 and 151.8% above the Transportation industry median of 4.38. Deutsche Lufthansa AG's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Deutsche Lufthansa AG (HAM:LHA), the current FCF Margin % is 11.03% 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 (HAM:LHA) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche Lufthansa AG stock appears to be overvalued. The current stock price of €9.53 is trading 21% above its estimated GF Value™ of €7.88. GuruFocus considers Deutsche Lufthansa AG to be Modestly Overvalued.

Key valuation signals for HAM:LHA:

  • FCF Margin %: 11.03% (2351% above median its 10-year median of 0.45)
  • GF Value™: €7.88 vs. price of €9.53 (21% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 151.8% above the Transportation median (#696 of 1006)

No single metric tells the full story. See the HAM: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.
74GF Score

Get the complete analysis for HAM:LHA

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

€9.53
Price
€7.88
GF Value