• Exxon average price to free cash flow ratio for 2023 was 9.04, a 41.25% increase from 2022.
• Exxon average price to free cash flow ratio for 2022 was 6.4, a 63.92% increase from 2021.
• Exxon average price to free cash flow ratio for 2021 was 17.74, a 39.91% decline from 2020.

Price to free cash flow ratio can be defined as