• Universal Health Services average price to free cash flow ratio for 2023 was 31.61, a 16% decline from 2022.
• Universal Health Services average price to free cash flow ratio for 2022 was 27.25, a 76.66% increase from 2021.
• Universal Health Services average price to free cash flow ratio for 2021 was 116.75, a 1637.35% decline from 2020.

Price to free cash flow ratio can be defined as