• Fastenal average price to free cash flow ratio for 2023 was 28.92, a 35.29% increase from 2022.
• Fastenal average price to free cash flow ratio for 2022 was 44.69, a 21.67% decline from 2021.
• Fastenal average price to free cash flow ratio for 2021 was 36.73, a 37.88% increase from 2020.

Price to free cash flow ratio can be defined as