• CVS Health average price to free cash flow ratio for 2023 was 6.76, a 7.27% increase from 2022.
• CVS Health average price to free cash flow ratio for 2022 was 7.29, a 2.67% decline from 2021.
• CVS Health average price to free cash flow ratio for 2021 was 7.49, a 33.51% decline from 2020.

Price to free cash flow ratio can be defined as