• Altria average price to free cash flow ratio for 2023 was 8.21, a 2.15% increase from 2022.
• Altria average price to free cash flow ratio for 2022 was 8.39, a 8.51% decline from 2021.
• Altria average price to free cash flow ratio for 2021 was 9.17, a 50.57% decline from 2020.

Price to free cash flow ratio can be defined as