• Labcorp average price to free cash flow ratio for 2023 was 18.72, a 52.82% increase from 2022.
• Labcorp average price to free cash flow ratio for 2022 was 12.25, a 28% increase from 2021.
• Labcorp average price to free cash flow ratio for 2021 was 9.57, a 19.17% increase from 2020.

Price to free cash flow ratio can be defined as