• CME Group average price to free cash flow ratio for 2023 was 21.06, a 12.4% increase from 2022.
• CME Group average price to free cash flow ratio for 2022 was 24.04, a 20.82% decline from 2021.
• CME Group average price to free cash flow ratio for 2021 was 30.36, a 53.41% decline from 2020.

Price to free cash flow ratio can be defined as