• Lowe's average price to free cash flow ratio for 2023 was 20.03, a 16.32% decline from 2022.
• Lowe's average price to free cash flow ratio for 2022 was 17.22, a 10.5% increase from 2021.
• Lowe's average price to free cash flow ratio for 2021 was 19.24, a 22.55% decline from 2020.

Price to free cash flow ratio can be defined as