• Jack Henry & Associates average price to free cash flow ratio for 2023 was 29.5, a 6.81% decline from 2022.
• Jack Henry & Associates average price to free cash flow ratio for 2022 was 27.62, a 4.98% increase from 2021.
• Jack Henry & Associates average price to free cash flow ratio for 2021 was 26.31, a 2.02% increase from 2020.

Price to free cash flow ratio can be defined as