• Loews average price to free cash flow ratio for 2023 was 4.53, a 15.8% increase from 2022.
• Loews average price to free cash flow ratio for 2022 was 5.38, a 43.84% decline from 2021.
• Loews average price to free cash flow ratio for 2021 was 9.58, a 14.92% decline from 2020.

Price to free cash flow ratio can be defined as