• HF Sinclair average price to free cash flow ratio for 2023 was 3.98, a 84.25% increase from 2022.
• HF Sinclair average price to free cash flow ratio for 2022 was 25.27, a 62.51% decline from 2021.
• HF Sinclair average price to free cash flow ratio for 2021 was 15.55, a 17.01% increase from 2020.

Price to free cash flow ratio can be defined as