• UPS average price to free cash flow ratio for 2024 was 19.89, a 11.56% decline from 2023.
• UPS average price to free cash flow ratio for 2023 was 22.49, a 66.96% decline from 2022.
• UPS average price to free cash flow ratio for 2022 was 13.47, a 17.31% increase from 2021.

Price to free cash flow ratio can be defined as