• Intercontinental Exchange average price to free cash flow ratio for 2023 was 20.45, a 3.02% increase from 2022.
• Intercontinental Exchange average price to free cash flow ratio for 2022 was 19.85, a 18.81% increase from 2021.
• Intercontinental Exchange average price to free cash flow ratio for 2021 was 24.45, a 10.83% decline from 2020.

Price to free cash flow ratio can be defined as