• Commerce Bancshares average price to free cash flow ratio for 2024 was 13.57, a 12.23% increase from 2023.
• Commerce Bancshares average price to free cash flow ratio for 2023 was 15.46, a 3.13% decline from 2022.
• Commerce Bancshares average price to free cash flow ratio for 2022 was 15.96, a 26.17% decline from 2021.

Price to free cash flow ratio can be defined as