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International Consolidated Airlines Group vs Deutsche Lufthansa: Which Stock Looks Stronger in 2026?

The structural profiles are close, with International Consolidated Airlines carrying a narrow edge on profitability. Deutsche Lufthansa still has the edge on stability, which keeps the comparison from looking entirely one-sided. In the market, Deutsche Lufthansa carries the stronger setup — intact trend against International Consolidated Airlines's broken trend. That leaves a split case: the structural lead stays with International Consolidated Airlines, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-05-17

Most of the separation is still concentrated in profitability.

INDUSTRY COMPARISON

Both operate in: Airlines

This comparison is based on industry proximity, not on functional trajectory similarity. IAG.L and LHA.DE share the same industry classification.

For a similarity-based comparison, see how IAG.L and Deutsche Lufthansa each position within their functional peer groups in AssetNext.

Peer-Relative Score
IAG.L
International Consolidated Airlines Group S.A.
68
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
LHA.DE
Deutsche Lufthansa AG
63
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The clearest separation appears in profitability.

Dimension spread: IAG.L vs LHA.DE Profitability 76 44 Stability 40 57 Valuation 86 87 Growth 56 62 IAG.L LHA.DE
Gap Ranking
#1 Profitability +32
#2 Stability +17
#3 Growth +6
#4 Valuation +1
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for IAG.L and LHA.DE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer IAG.LLHA.DE Relative valuation Structural strength

The setup is mixed: neither company clearly combines the stronger profile with the more supportive price setup.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where IAG.L and LHA.DE each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY IAG.L Elevated · above norm 0th 50th 100th 6 pct gap LHA.DE Elevated · near norm 0th 50th 100th 87th 82nd
IAG.L (87th percentile) and LHA.DE (82nd percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
Both rank well on profitability, but International Consolidated Airlines Group S.A. still holds a clear edge.
Stability
On stability, the edge still sits with Deutsche Lufthansa AG, even though both profiles look solid.
Profitability — Dominant Gap
IAG.L
76
LHA.DE
44
Gap+32in favour of IAG.L

The profitability lead is mainly driven by a 16.4-point operating margin advantage.

What keeps the gap from being one-sided

Stability still leans toward Deutsche Lufthansa AG, so the lead is real without reading as one-way.

What this means for the comparison

Profitability gives International Consolidated Airlines Group S.A. the clearer edge, even though stability and the price setup keep the overall picture from looking clean.

Explore full peer positioning in AssetNext

Break down the IAG.L vs LHA.DE comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-and-stability comparisons

Explore how IAG.L and LHA.DE each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.