• Novartis AG average price to free cash flow ratio for 2024 was 14.26, a 10.37% decline from 2023.
• Novartis AG average price to free cash flow ratio for 2023 was 12.92, a 8.03% increase from 2022.
• Novartis AG average price to free cash flow ratio for 2022 was 11.96, a 1.89% increase from 2021.

Price to free cash flow ratio can be defined as