• Moelis average price to free cash flow ratio for 2023 was 19.94, a 25.85% increase from 2022.
• Moelis average price to free cash flow ratio for 2022 was 26.89, a 484.57% decline from 2021.
• Moelis average price to free cash flow ratio for 2021 was 4.6, a 12.38% increase from 2020.

Price to free cash flow ratio can be defined as