• Truist Financial average price to free cash flow ratio for 2023 was 4.01, a 33.06% increase from 2022.
• Truist Financial average price to free cash flow ratio for 2022 was 5.99, a 59.5% decline from 2021.
• Truist Financial average price to free cash flow ratio for 2021 was 14.79, a 81.7% decline from 2020.

Price to free cash flow ratio can be defined as