• Avantor average price to free cash flow ratio for 2023 was 19.96, a 5.67% decline from 2022.
• Avantor average price to free cash flow ratio for 2022 was 21.16, a 18.71% decline from 2021.
• Avantor average price to free cash flow ratio for 2021 was 26.03, a 71.7% decline from 2020.

Price to free cash flow ratio can be defined as