• Donaldson average price to free cash flow ratio for 2024 was 21.27, a 3.6% increase from 2023.
• Donaldson average price to free cash flow ratio for 2023 was 20.53, a 39.48% increase from 2022.
• Donaldson average price to free cash flow ratio for 2022 was 33.92, a 45.27% decline from 2021.

Price to free cash flow ratio can be defined as