Dashboard Tools Market News Investing Ideas Pricing About Us
Sign Up
Log in
Becton Dickinson and Co banner

Becton Dickinson and Co
NYSE:BDX

Watchlist Manager
Becton Dickinson and Co Logo
Becton Dickinson and Co
NYSE:BDX
Watchlist
Price: 176.75 USD -0.6% Market Closed
Market Cap: $50.4B
Write Note Create Alert Ask AI
Financials Section:
Income Statement Balance Sheet Cash Flow Statement
|
Revenue Breakdown

Cash Flow Statement

Operating Cash Flow
+
3Y
+30%
5Y
-3%
10Y
+98%
Investing Cash Flow
+
3Y
+75%
5Y
+34%
10Y
+90%
Financing Cash Flow
+
3Y
-512%
5Y
-
10Y
-

Cash Flow Statement
Becton Dickinson and Co

Rotate your device to view
Cash Flow Statement
Currency: USD
Dec-2001 Mar-2002 Jun-2002 Sep-2002 Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Operating Cash Flow
Net Income
464
479
481
480
494
507
517
547
559
582
561
467
537
560
641
722
745
726
727
752
677
732
804
890
1 019
1 071
1 105
1 127
1 168
1 153
1 197
1 232
1 236
1 272
1 238
1 318
1 317
1 332
1 368
1 271
1 218
1 197
1 181
1 170
1 532
1 517
1 492
1 293
939
950
974
1 185
1 150
1 079
815
695
688
810
1 139
976
1 309
1 314
791
1 100
402
47
773
311
1 046
1 078
936
1 233
912
1 075
908
874
1 599
1 715
1 955
2 092
1 766
1 921
1 756
1 779
1 611
1 617
1 664
1 484
1 256
1 333
1 413
1 705
1 748
1 519
1 606
1 678
Depreciation & Amortization
303
296
298
297
306
319
332
336
342
349
343
357
364
369
378
383
387
387
391
402
404
416
430
441
455
462
470
472
473
474
471
465
472
480
491
491
491
488
478
494
504
509
513
511
507
516
531
546
559
553
555
562
559
567
725
891
1 041
1 183
1 156
1 114
1 087
1 068
1 075
1 088
1 117
1 409
1 698
1 978
2 250
2 260
2 266
2 253
2 220
2 194
2 154
2 115
2 140
2 161
2 162
2 230
2 221
2 211
2 230
2 229
2 250
2 265
2 282
2 288
2 282
2 290
2 287
2 286
2 332
2 369
2 419
2 462
Change in Deffered Taxes
0
0
0
58
0
0
0
6
0
0
0
(31)
0
0
(35)
64
53
49
(20)
(108)
(125)
(137)
(69)
(116)
(90)
(83)
(79)
80
91
97
69
60
52
68
89
28
16
41
48
30
70
22
(3)
22
(17)
2
(1)
36
33
13
12
(32)
(21)
(21)
(116)
(336)
(363)
(435)
(349)
(426)
(376)
(357)
(615)
(236)
(581)
(593)
(369)
(240)
56
51
60
(381)
(424)
(408)
(412)
(308)
(303)
(292)
(200)
(301)
(304)
(234)
(305)
(120)
(169)
(392)
(445)
(622)
(595)
(446)
(497)
(211)
(359)
(410)
(255)
(474)
Stock-Based Compensation
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
70
35
58
81
109
109
111
113
108
109
105
103
101
99
99
99
87
88
83
77
79
78
81
82
73
73
73
72
89
92
93
96
100
105
109
112
113
119
138
160
166
194
193
186
196
181
176
176
174
254
282
297
322
274
267
269
261
250
250
246
236
237
233
225
229
227
225
231
233
241
244
250
259
253
257
254
247
254
253
254
258
Other Non-Cash Items
(89)
(94)
(100)
(70)
(74)
(69)
(40)
(72)
73
73
65
203
121
116
108
(2)
(5)
76
118
132
344
301
274
170
124
114
135
121
6
17
10
81
(25)
14
25
34
168
104
82
81
78
88
98
96
(316)
(404)
(502)
(478)
(93)
2
60
115
140
128
212
167
395
342
320
196
262
435
1 094
922
1 073
860
(141)
19
(577)
(179)
197
(75)
884
735
736
316
1 438
1 603
1 274
262
97
(53)
219
252
541
316
343
469
300
378
424
(276)
320
398
207
565
Cash Taxes Paid
0
0
0
53
0
0
0
111
0
0
0
147
0
0
0
184
0
0
0
399
0
0
0
345
0
0
0
331
0
0
0
369
0
0
0
392
0
0
0
512
0
0
0
218
0
0
0
454
0
0
0
330
0
0
0
240
0
0
0
218
0
0
0
265
0
0
0
235
0
0
0
536
0
0
0
523
0
0
0
671
0
0
0
532
0
0
0
629
0
0
0
653
0
0
0
599
Cash Interest Paid
0
0
0
39
0
0
0
33
0
0
0
41
0
0
0
69
0
0
0
63
0
0
0
51
0
0
0
36
0
0
0
26
0
0
0
58
0
0
0
68
0
0
0
119
0
0
0
143
0
0
0
135
0
0
0
313
0
0
0
392
0
0
0
435
0
0
0
674
0
0
0
658
0
0
0
515
0
0
0
474
0
0
0
390
0
0
0
452
0
0
0
473
0
0
0
628
Change in Working Capital
123
35
70
66
5
17
(59)
85
9
88
190
105
174
64
34
50
(60)
(119)
(136)
(102)
(104)
(80)
(134)
(145)
(81)
(160)
(49)
(113)
(256)
(215)
(232)
(120)
109
46
10
(127)
(176)
(199)
(252)
(160)
(305)
(201)
(55)
(38)
(27)
(35)
(114)
108
188
313
275
(84)
(151)
(261)
(45)
313
145
336
266
699
130
119
(216)
(324)
544
804
724
797
15
(334)
(194)
300
205
(98)
43
542
(513)
(124)
(13)
363
6
(801)
(1 289)
(1 506)
(1 874)
(1 706)
(1 207)
(630)
188
205
317
294
(690)
(875)
(1 022)
(801)
Cash from Operating Activities
839
N/A
755
-10%
787
+4%
831
+6%
789
-5%
832
+5%
808
-3%
902
+12%
988
+10%
1 097
+11%
1 165
+6%
1 102
-5%
1 165
+6%
1 078
-7%
1 126
+4%
1 217
+8%
1 120
-8%
1 118
0%
1 080
-3%
1 076
0%
1 196
+11%
1 233
+3%
1 305
+6%
1 240
-5%
1 428
+15%
1 404
-2%
1 582
+13%
1 687
+7%
1 482
-12%
1 525
+3%
1 515
-1%
1 717
+13%
1 843
+7%
1 879
+2%
1 853
-1%
1 744
-6%
1 816
+4%
1 765
-3%
1 723
-2%
1 716
0%
1 564
-9%
1 616
+3%
1 733
+7%
1 760
+2%
1 679
-5%
1 595
-5%
1 406
-12%
1 505
+7%
1 627
+8%
1 830
+13%
1 876
+3%
1 746
-7%
1 677
-4%
1 492
-11%
1 591
+7%
1 730
+9%
1 906
+10%
2 236
+17%
2 532
+13%
2 559
+1%
2 412
-6%
2 579
+7%
2 129
-17%
2 550
+20%
2 555
+0%
2 527
-1%
2 685
+6%
2 865
+7%
2 790
-3%
2 876
+3%
3 265
+14%
3 330
+2%
3 797
+14%
3 498
-8%
3 429
-2%
3 539
+3%
4 361
+23%
5 063
+16%
5 178
+2%
4 646
-10%
3 786
-19%
3 044
-20%
2 611
-14%
2 634
+1%
2 359
-10%
2 100
-11%
2 637
+26%
2 989
+13%
3 431
+15%
3 760
+10%
3 944
+5%
3 798
-4%
3 650
-4%
3 300
-10%
3 254
-1%
3 430
+5%
Investing Cash Flow
Capital Expenditures
(419)
(383)
(348)
(337)
(325)
(325)
(328)
(324)
(320)
(309)
(311)
(305)
(304)
(293)
(292)
(335)
(347)
(376)
(419)
(480)
(528)
(565)
(587)
(579)
(588)
(623)
(646)
(645)
(640)
(630)
(631)
(695)
(711)
(699)
(665)
(626)
(587)
(575)
(597)
(599)
(616)
(613)
(588)
(554)
(534)
(542)
(577)
(588)
(611)
(603)
(580)
(653)
(649)
(677)
(686)
(633)
(660)
(633)
(644)
(718)
(689)
(721)
(761)
(727)
(793)
(846)
(848)
(895)
(884)
(866)
(906)
(957)
(963)
(990)
(955)
(769)
(842)
(873)
(914)
(1 194)
(1 131)
(1 100)
(1 110)
(973)
(998)
(957)
(895)
(874)
(782)
(735)
(723)
(725)
(714)
(709)
(704)
(760)
Other Items
(88)
(54)
(40)
(20)
(35)
(34)
(32)
(24)
(19)
(18)
(51)
(92)
(105)
(110)
(136)
(46)
(43)
(278)
(230)
(307)
(619)
(451)
(423)
(440)
(119)
(74)
(162)
(138)
(133)
(135)
(295)
(378)
(375)
(527)
(574)
(80)
(544)
(682)
(61)
(441)
(108)
371
(269)
(347)
277
283
621
277
(358)
(620)
(757)
(295)
336
(7 602)
(7 535)
(7 685)
(8 171)
(26)
11
49
213
67
(126)
(156)
(15 341)
(15 255)
(14 672)
(14 838)
653
536
46
216
(364)
(323)
(391)
(463)
(533)
(680)
(599)
(686)
(1 005)
(907)
(810)
(2 258)
(1 838)
(1 808)
(1 963)
158
124
(746)
(717)
(4 789)
(4 363)
(3 504)
(3 557)
(58)
Cash from Investing Activities
(507)
N/A
(437)
+14%
(387)
+11%
(357)
+8%
(360)
-1%
(359)
+0%
(360)
0%
(348)
+3%
(339)
+3%
(328)
+3%
(362)
-10%
(397)
-10%
(408)
-3%
(403)
+1%
(428)
-6%
(381)
+11%
(391)
-3%
(654)
-67%
(650)
+1%
(787)
-21%
(1 147)
-46%
(1 015)
+11%
(1 009)
+1%
(1 018)
-1%
(707)
+31%
(696)
+2%
(808)
-16%
(783)
+3%
(773)
+1%
(765)
+1%
(926)
-21%
(1 073)
-16%
(1 086)
-1%
(1 226)
-13%
(1 238)
-1%
(706)
+43%
(1 131)
-60%
(1 257)
-11%
(657)
+48%
(1 040)
-58%
(724)
+30%
(241)
+67%
(857)
-255%
(900)
-5%
(257)
+71%
(259)
-1%
44
N/A
(311)
N/A
(969)
-212%
(1 224)
-26%
(1 337)
-9%
(948)
+29%
(313)
+67%
(8 279)
-2 545%
(8 221)
+1%
(8 318)
-1%
(8 831)
-6%
(659)
+93%
(633)
+4%
(669)
-6%
(476)
+29%
(654)
-37%
(887)
-36%
(883)
+0%
(16 134)
-1 727%
(16 101)
+0%
(15 520)
+4%
(15 733)
-1%
(231)
+99%
(330)
-43%
(860)
-161%
(741)
+14%
(1 327)
-79%
(1 313)
+1%
(1 346)
-3%
(1 232)
+8%
(1 375)
-12%
(1 553)
-13%
(1 513)
+3%
(1 880)
-24%
(2 136)
-14%
(2 007)
+6%
(1 920)
+4%
(3 231)
-68%
(2 836)
+12%
(2 765)
+3%
(2 858)
-3%
(716)
+75%
(658)
+8%
(1 481)
-125%
(1 440)
+3%
(5 514)
-283%
(5 077)
+8%
(4 213)
+17%
(4 261)
-1%
(818)
+81%
Financing Cash Flow
Net Issuance of Common Stock
(53)
(103)
(174)
(186)
(228)
(227)
(256)
(263)
(355)
(418)
(494)
(276)
(500)
(500)
(509)
(427)
(538)
(550)
(574)
(301)
(461)
(449)
(428)
(319)
(464)
(502)
(392)
(365)
(614)
(515)
(467)
(518)
(451)
(658)
(729)
(700)
(1 396)
(1 358)
(1 473)
(1 416)
(1 063)
(1 442)
(1 477)
(1 465)
(1 400)
(856)
(656)
(450)
(339)
(307)
(444)
(400)
0
0
0
0
0
0
0
0
(220)
(220)
4 607
4 607
0
0
0
0
0
0
0
0
0
0
2 917
2 917
0
0
(1 000)
(1 750)
0
0
(750)
(500)
0
0
0
0
(500)
(500)
(500)
(500)
(750)
(750)
(750)
(1 000)
Net Issuance of Debt
(168)
(56)
(67)
(25)
(66)
(83)
95
79
(35)
(93)
(182)
(78)
(7)
30
134
53
197
64
(37)
121
(201)
(98)
(104)
(222)
1
(2)
(3)
(7)
(7)
(7)
735
740
542
538
(198)
(200)
1 020
1 030
1 025
1 026
1 459
1 448
1 452
1 448
(5)
(3)
(204)
(199)
(206)
(205)
(2)
(4)
6 162
7 666
7 006
6 655
492
(1 310)
(1 253)
(1 252)
(1 687)
(2 136)
7 181
7 282
9 967
10 636
1 562
1 090
(1 563)
(1 984)
(2 080)
(2 035)
(1 725)
675
(1 484)
(1 760)
(1 934)
(3 848)
(1 237)
(243)
24
38
(264)
(78)
(241)
1 422
222
(723)
(560)
(249)
2 657
3 775
2 975
1 267
(676)
(1 334)
Cash Paid for Dividends
0
(103)
(103)
(103)
(103)
(104)
(104)
(104)
(104)
(127)
(140)
(152)
(153)
(168)
(175)
(182)
0
(197)
(204)
(212)
0
(226)
(233)
(240)
0
(259)
(269)
(279)
(361)
(298)
(307)
(317)
(325)
(332)
(339)
(346)
(349)
(354)
(358)
(361)
(365)
(367)
(369)
(368)
(368)
(373)
(377)
(386)
(395)
(404)
(412)
(421)
(431)
(442)
(463)
(485)
(509)
(533)
(548)
(562)
(578)
(594)
(619)
(677)
(731)
(814)
(887)
(927)
(962)
(969)
(976)
(984)
(991)
(998)
(1 020)
(995)
(1 008)
(1 020)
(1 014)
(1 048)
(1 054)
(1 059)
(1 068)
(1 082)
(1 092)
(1 104)
(1 119)
(1 114)
(1 108)
(1 101)
(1 090)
(1 100)
(1 127)
(1 150)
(1 174)
(1 196)
Other
67
46
48
0
37
40
86
0
141
234
217
(0)
188
125
106
41
142
170
180
51
176
175
182
55
182
181
162
64
129
69
64
15
55
75
68
23
104
82
131
37
78
79
31
15
65
84
93
67
53
25
19
18
4
(30)
18
20
29
65
48
53
(86)
(96)
(221)
(235)
(193)
(246)
(182)
(221)
(205)
(202)
(251)
(204)
(186)
(158)
(106)
(140)
(132)
(130)
(121)
(265)
(261)
1 162
898
1 069
1 035
(378)
(111)
(119)
(116)
(98)
(101)
(88)
(77)
(90)
(84)
(87)
Cash from Financing Activities
(255)
N/A
(215)
+15%
(296)
-37%
(313)
-6%
(359)
-15%
(374)
-4%
(179)
+52%
(289)
-61%
(354)
-22%
(405)
-15%
(599)
-48%
(507)
+15%
(472)
+7%
(514)
-9%
(444)
+14%
(516)
-16%
(381)
+26%
(512)
-34%
(635)
-24%
(342)
+46%
(698)
-104%
(598)
+14%
(583)
+3%
(726)
-25%
(521)
+28%
(582)
-12%
(502)
+14%
(586)
-17%
(852)
-45%
(752)
+12%
24
N/A
(80)
N/A
(179)
-124%
(378)
-111%
(1 198)
-217%
(1 223)
-2%
(620)
+49%
(601)
+3%
(675)
-12%
(714)
-6%
109
N/A
(281)
N/A
(362)
-29%
(370)
-2%
(1 708)
-361%
(1 148)
+33%
(1 144)
+0%
(968)
+15%
(887)
+8%
(890)
0%
(839)
+6%
(807)
+4%
5 524
N/A
7 007
+27%
6 561
-6%
6 190
-6%
12
-100%
(1 778)
N/A
(1 753)
+1%
(1 761)
0%
(2 571)
-46%
(3 046)
-18%
10 948
N/A
10 977
+0%
13 870
+26%
14 403
+4%
493
-97%
(58)
N/A
(2 730)
-4 607%
(3 155)
-16%
(3 307)
-5%
(3 223)
+3%
(2 902)
+10%
(481)
+83%
307
N/A
22
-93%
(157)
N/A
(2 081)
-1 225%
(3 372)
-62%
(3 306)
+2%
(3 041)
+8%
(1 609)
+47%
(1 184)
+26%
(591)
+50%
(798)
-35%
(560)
+30%
(1 508)
-169%
(1 956)
-30%
(2 284)
-17%
(1 948)
+15%
966
N/A
2 087
+116%
1 021
-51%
(723)
N/A
(2 684)
-271%
(3 617)
-35%
Change in Cash
Effect of Foreign Exchange Rates
(3)
(2)
1
(0)
3
6
10
12
13
11
1
2
3
3
5
3
(1)
(1)
7
10
13
14
10
15
18
25
20
1
(9)
(26)
(17)
(0)
6
12
1
6
2
10
17
(3)
(2)
(2)
(13)
6
7
(4)
(2)
(7)
(9)
(9)
(1)
(20)
(27)
(39)
(32)
(38)
(44)
(14)
(19)
(12)
(28)
(27)
(25)
(6)
26
40
0
(17)
(24)
(41)
(13)
(12)
(1)
(32)
(20)
(3)
9
29
24
15
(9)
(6)
(29)
(45)
(28)
(27)
(6)
5
1
(5)
(8)
4
(15)
(11)
2
0
Net Change in Cash
75
N/A
100
+34%
105
+4%
161
+54%
73
-55%
105
+45%
279
+165%
277
-1%
308
+11%
375
+22%
204
-46%
200
-2%
287
+44%
165
-43%
259
+57%
323
+25%
347
+7%
(49)
N/A
(197)
-303%
(43)
+78%
(636)
-1 392%
(367)
+42%
(277)
+25%
(489)
-77%
217
N/A
151
-30%
292
+93%
319
+9%
(153)
N/A
(18)
+88%
596
N/A
564
-5%
585
+4%
288
-51%
(581)
N/A
(178)
+69%
67
N/A
(82)
N/A
408
N/A
(41)
N/A
947
N/A
1 091
+15%
501
-54%
496
-1%
(279)
N/A
184
N/A
303
+65%
219
-28%
(238)
N/A
(293)
-23%
(301)
-3%
(29)
+90%
6 861
N/A
181
-97%
(101)
N/A
(436)
-332%
(6 957)
-1 496%
(215)
+97%
127
N/A
117
-8%
(663)
N/A
(1 148)
-73%
12 165
N/A
12 638
+4%
317
-97%
869
+174%
(12 342)
N/A
(12 943)
-5%
(195)
+98%
(650)
-233%
(915)
-41%
(646)
+29%
(433)
+33%
1 672
N/A
2 370
+42%
2 326
-2%
2 838
+22%
1 458
-49%
317
-78%
(525)
N/A
(1 400)
-167%
(578)
+59%
(522)
+10%
(1 233)
-136%
(1 303)
-6%
(1 252)
+4%
(1 735)
-39%
322
N/A
490
+52%
326
-33%
3 462
+962%
375
-89%
(421)
N/A
(1 647)
-291%
(3 689)
-124%
(1 005)
+73%
Free Cash Flow
Free Cash Flow
420
N/A
372
-11%
439
+18%
494
+13%
464
-6%
507
+9%
480
-5%
578
+20%
668
+16%
788
+18%
854
+8%
797
-7%
861
+8%
785
-9%
834
+6%
882
+6%
772
-12%
742
-4%
661
-11%
597
-10%
668
+12%
668
0%
719
+8%
662
-8%
840
+27%
781
-7%
936
+20%
1 042
+11%
842
-19%
895
+6%
884
-1%
1 022
+16%
1 133
+11%
1 181
+4%
1 189
+1%
1 118
-6%
1 229
+10%
1 190
-3%
1 127
-5%
1 117
-1%
948
-15%
1 003
+6%
1 145
+14%
1 207
+5%
1 145
-5%
1 053
-8%
828
-21%
917
+11%
1 016
+11%
1 227
+21%
1 296
+6%
1 093
-16%
1 028
-6%
815
-21%
905
+11%
1 097
+21%
1 246
+14%
1 603
+29%
1 888
+18%
1 841
-2%
1 723
-6%
1 858
+8%
1 368
-26%
1 823
+33%
1 762
-3%
1 681
-5%
1 837
+9%
1 970
+7%
1 906
-3%
2 010
+5%
2 359
+17%
2 373
+1%
2 834
+19%
2 508
-12%
2 474
-1%
2 770
+12%
3 519
+27%
4 190
+19%
4 264
+2%
3 452
-19%
2 655
-23%
1 944
-27%
1 501
-23%
1 661
+11%
1 361
-18%
1 143
-16%
1 742
+52%
2 115
+21%
2 649
+25%
3 025
+14%
3 221
+6%
3 073
-5%
2 936
-4%
2 591
-12%
2 550
-2%
2 670
+5%

See Also

Summary
BDX intrinsic value, competitors valuation, and company profile.
DCF Valuation
BDX stock valuation using Discount Cash Flow valuation method.
Relative Valuation
BDX stock valuation using valuation multiples.
Wall Street Estimates
BDX price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
BDX stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
ALPHA SPREAD
Follow us
Join more than 317,600+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2026 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.