• Baker Hughes average price to free cash flow ratio for 2023 was 17.11, a 21.26% increase from 2022.
• Baker Hughes average price to free cash flow ratio for 2022 was 21.73, a 64.25% decline from 2021.
• Baker Hughes average price to free cash flow ratio for 2021 was 13.23, a 39.26% increase from 2020.

Price to free cash flow ratio can be defined as