• Spotify Technology average price to free cash flow ratio for 2024 was 44.67, a 89.2% increase from 2023.
• Spotify Technology average price to free cash flow ratio for 2023 was 413.77, a 77.71% decline from 2022.
• Spotify Technology average price to free cash flow ratio for 2022 was 232.83, a 43.17% increase from 2021.

Price to free cash flow ratio can be defined as