• ChampionX average price to free cash flow ratio for 2023 was 13.7, a 48.03% increase from 2022.
• ChampionX average price to free cash flow ratio for 2022 was 26.36, a 100.61% decline from 2021.
• ChampionX average price to free cash flow ratio for 2021 was 13.14, a 119.37% increase from 2020.

Price to free cash flow ratio can be defined as