• Northern Trust average price to free cash flow ratio for 2024 was 7.58, a 7.82% decline from 2023.
• Northern Trust average price to free cash flow ratio for 2023 was 7.03, a 76.98% increase from 2022.
• Northern Trust average price to free cash flow ratio for 2022 was 30.54, a 43.12% decline from 2021.

Price to free cash flow ratio can be defined as