• FactSet Research Systems average price to free cash flow ratio for 2023 was 27.93, a 13.5% increase from 2022.
• FactSet Research Systems average price to free cash flow ratio for 2022 was 32.29, a 11.61% decline from 2021.
• FactSet Research Systems average price to free cash flow ratio for 2021 was 28.93, a 0.17% increase from 2020.

Price to free cash flow ratio can be defined as