• Stantec average price to free cash flow ratio for 2023 was 29.21, a 5.72% increase from 2022.
• Stantec average price to free cash flow ratio for 2022 was 27.63, a 87.2% increase from 2021.
• Stantec average price to free cash flow ratio for 2021 was 14.76, a 87.55% increase from 2020.

Price to free cash flow ratio can be defined as