• Dillard's average price to free cash flow ratio for 2023 was 6.69, a 47.36% increase from 2022.
• Dillard's average price to free cash flow ratio for 2022 was 4.54, a 6.78% increase from 2021.
• Dillard's average price to free cash flow ratio for 2021 was 4.87, a 25.84% decline from 2020.

Price to free cash flow ratio can be defined as