• Exxon average price to free cash flow ratio for 2023 was 9.11, a 41.24% increase from 2022.
• Exxon average price to free cash flow ratio for 2022 was 6.45, a 63.93% increase from 2021.
• Exxon average price to free cash flow ratio for 2021 was 17.88, a 39.91% decline from 2020.

Price to free cash flow ratio can be defined as