• STMicroelectronics average price to free cash flow ratio for 2023 was 27.09, a 4.15% increase from 2022.
• STMicroelectronics average price to free cash flow ratio for 2022 was 26.01, a 20.73% increase from 2021.
• STMicroelectronics average price to free cash flow ratio for 2021 was 32.81, a 45.05% decline from 2020.

Price to free cash flow ratio can be defined as