• Visa average price to free cash flow ratio for 2023 was 29.35, a 2.8% increase from 2022.
• Visa average price to free cash flow ratio for 2022 was 28.55, a 28.41% increase from 2021.
• Visa average price to free cash flow ratio for 2021 was 39.88, a 10.78% decline from 2020.

Price to free cash flow ratio can be defined as