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

International Consolidated Airlines leads structurally, with profitability as the clearest single gap between the two profiles. The remaining gap is narrow enough that the comparison remains open to different readings. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

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 2026-07-05

Most of the separation is still concentrated in profitability. International Consolidated Airlines Group S.A. leads by 8 points on the overall comparison score.

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.
71
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.

Score differences across key dimensions.

Dimension spread: IAG.L vs LHA.DE Profitability 90 51 Stability 50 59 Valuation 86 88 Growth 43 48 IAG.L LHA.DE
Gap Ranking
#1 Profitability +39
#2 Stability +9
#3 Growth +5
#4 Valuation +2
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 0 pct gap LHA.DE Elevated · above norm 0th 50th 100th 99th 99th
IAG.L (99th percentile) and LHA.DE (99th 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
International Consolidated Airlines Group S.A. sits higher in the group on stability, adding to the overall structural advantage.
Profitability — Dominant Gap
IAG.L
90
LHA.DE
51
Gap+39in 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

Deutsche Lufthansa AG still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

Profitability clearly separates the pair, while the broader read stays strong rather than one-way.

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-driven 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.