• Quanta Services average price to free cash flow ratio for 2023 was 33.1, a 71.02% decline from 2022.
• Quanta Services average price to free cash flow ratio for 2022 was 114.22, a 180.16% decline from 2021.
• Quanta Services average price to free cash flow ratio for 2021 was 40.77, a 445.05% increase from 2020.

Price to free cash flow ratio can be defined as