• Fortive average price to free cash flow ratio for 2023 was 21.31, a 5.81% decline from 2022.
• Fortive average price to free cash flow ratio for 2022 was 20.14, a 18.56% increase from 2021.
• Fortive average price to free cash flow ratio for 2021 was 24.73, a 71.38% decline from 2020.

Price to free cash flow ratio can be defined as