• Match Group average price to free cash flow ratio for 2023 was 18.42, a 43.53% decline from 2022.
• Match Group average price to free cash flow ratio for 2022 was 32.62, a 41.74% decline from 2021.
• Match Group average price to free cash flow ratio for 2021 was 55.99, a 46.15% decline from 2020.

Price to free cash flow ratio can be defined as