• Chemed average price to free cash flow ratio for 2023 was 32.61, a 12.02% increase from 2022.
• Chemed average price to free cash flow ratio for 2022 was 29.11, a 12.18% increase from 2021.
• Chemed average price to free cash flow ratio for 2021 was 25.95, a 23.4% increase from 2020.

Price to free cash flow ratio can be defined as