• Graphic Packaging Holding average price to free cash flow ratio for 2023 was 15.78, a 9.21% decline from 2022.
• Graphic Packaging Holding average price to free cash flow ratio for 2022 was 17.38, a 15.75% decline from 2021.
• Graphic Packaging Holding average price to free cash flow ratio for 2021 was 20.63, a 16.95% decline from 2020.

Price to free cash flow ratio can be defined as