• Philip Morris average price to free cash flow ratio for 2024 was 16.58, a 9.4% increase from 2023.
• Philip Morris average price to free cash flow ratio for 2023 was 18.3, a 52.25% decline from 2022.
• Philip Morris average price to free cash flow ratio for 2022 was 12.02, a 3.06% increase from 2021.

Price to free cash flow ratio can be defined as