• Nutrien average price to free cash flow ratio for 2023 was 9.77, a 32.62% decline from 2022.
• Nutrien average price to free cash flow ratio for 2022 was 14.5, a 3.65% decline from 2021.
• Nutrien average price to free cash flow ratio for 2021 was 15.05, a 46.26% decline from 2020.

Price to free cash flow ratio can be defined as