• UPS average price to free cash flow ratio for 2024 was 19.57, a 11.53% decline from 2023.
• UPS average price to free cash flow ratio for 2023 was 22.12, a 66.94% decline from 2022.
• UPS average price to free cash flow ratio for 2022 was 13.25, a 17.29% increase from 2021.

Price to free cash flow ratio can be defined as