• NIKE average price to free cash flow ratio for 2024 was 21.44, a 39.5% decline from 2023.
• NIKE average price to free cash flow ratio for 2023 was 35.44, a 35.48% decline from 2022.
• NIKE average price to free cash flow ratio for 2022 was 54.93, a 28.91% decline from 2021.

Price to free cash flow ratio can be defined as