• Johnson & Johnson average price to free cash flow ratio for 2023 was 24.3, a 6.07% decline from 2022.
• Johnson & Johnson average price to free cash flow ratio for 2022 was 22.91, a 25.33% increase from 2021.
• Johnson & Johnson average price to free cash flow ratio for 2021 was 18.28, a 4.16% increase from 2020.

Price to free cash flow ratio can be defined as