• Mattel average price to free cash flow ratio for 2023 was 18.75, a 37.6% decline from 2022.
• Mattel average price to free cash flow ratio for 2022 was 30.05, a 62.34% decline from 2021.
• Mattel average price to free cash flow ratio for 2021 was 18.51, a 29.73% increase from 2020.

Price to free cash flow ratio can be defined as