BCE Inc
BCE
19.76
+0.01
+0.05%
BCE Inc
US · BCE
#959 by market cap
Listed 1970
19.76
+0.01
+0.05%
Live - 5344 symbols - heartbeat 335s ago
· 2026-10-08 07:38
Pre-market
19.89
+0.66%
After-hours
19.76
0.00%
Overnight
19.88
+0.61%
- Market cap
- 18.43B
- P/E (TTM)i
- 4.18
- P/Bi
- 1.27
- EPSi
- 4.76
- Div yieldi
- 6.24%
- 52W posi
- 4%
Reader sentiment
Are you bullish or bearish on BCE?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 0.58, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +0.24% YoY
Margins
- Gross margin
- 68.45%
- Operating margin
- 22.15%
- Net margin
- 25.77%
Key ratios & quality
- Enterprise valuei
- 59.17B
- PEG ratioi
- 0.13
- Altman Z-Scorei
- 0.58
PEG uses trailing P/E against the 3-year net income growth rate (31.08%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23.47B | 23.79B | 22.88B | 23.45B | 24.17B | 24.67B | 24.41B | 24.47B |
| Gross profit | 16.12B | 16.44B | 15.92B | 16.17B | 16.53B | 16.75B | 16.70B | 16.75B |
| Selling & admin expenses | 4.54B | 4.50B | 4.35B | 4.45B | 4.42B | 4.41B | 4.20B | 3.98B |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 5.52B | 5.66B | 5.20B | 5.28B | 5.48B | 5.50B | 5.55B | 5.42B |
| Pretax profit | 3.97B | 4.35B | 3.27B | 3.94B | 3.89B | 3.32B | 952.00M | 7.71B |
| Tax | 995.00M | 1.13B | 792.00M | 1.04B | 967.00M | 996.00M | 577.00M | 1.19B |
| Net profit | 2.97B | 3.25B | 2.70B | 2.89B | 2.93B | 2.33B | 375.00M | 6.51B |
| Basic EPS | 3 | 3 | 3 | 3 | 3 | 2 | 0 | 7 |
| Diluted EPS | 3.10 | 3.37 | 2.76 | 2.99 | 2.98 | 2.28 | 0.18 | 6.79 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 5.93B | 6.09B | 6.05B | 6.40B | 6.17B | 6.18B |
| Gross profit | 4.04B | 4.17B | 4.28B | 4.25B | 4.21B | 4.28B |
| Selling & admin expenses | 1.00B | 992.00M | 974.00M | 1.01B | 1.00B | 998.00M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 1.29B | 1.39B | 1.45B | 1.29B | 1.28B | 1.33B |
| Pretax profit | 940.00M | 884.00M | 5.05B | 833.00M | 906.00M | 893.00M |
| Tax | 257.00M | 240.00M | 495.00M | 201.00M | 239.00M | 264.00M |
| Net profit | 683.00M | 644.00M | 4.56B | 632.00M | 667.00M | 629.00M |
| Basic EPS | 1 | 1 | 5 | 1 | 1 | 1 |
| Diluted EPS | 0.68 | 0.63 | 4.84 | 0.64 | 0.66 | 0.60 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 5.79B | 5.52B | 5.69B | 6.20B | 6.49B | 7.90B | 8.92B | 7.41B |
| Cash & ST investments | 425.00M | 145.00M | 224.00M | 289.00M | 149.00M | 1.77B | 1.97B | 320.00M |
| Inventory | 432.00M | 427.00M | 439.00M | 482.00M | 656.00M | 465.00M | 420.00M | 389.00M |
| Total assets | 57.10B | 60.15B | 60.67B | 66.76B | 69.33B | 71.94B | 73.49B | 80.17B |
| Total current liabilities | 10.43B | 9.78B | 8.27B | 9.11B | 11.47B | 12.11B | 14.85B | 12.86B |
| Short-term debt | 4.65B | 3.88B | 2.42B | 2.63B | 4.14B | 5.04B | 7.67B | 6.16B |
| Long-term debt | 19.76B | 22.42B | 23.91B | 27.05B | 27.78B | 31.14B | 32.84B | 34.90B |
| Total liabilities | 36,411,000,000.00 | 38,738,000,000.00 | 39,336,000,000.00 | 43,823,000,000.00 | 46,814,000,000.00 | 51,383,000,000.00 | 56,125,000,000.00 | 56,855,000,000.00 |
| Total equity | 20.69B | 21.41B | 21.33B | 22.94B | 22.52B | 20.56B | 17.36B | 23.31B |
| Retained earnings | -4.94B | -4.63B | -4.68B | -3.40B | -3.65B | -5.51B | -8.44B | -3.64B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 7.78B | 7.07B | 7.05B | 7.41B | 8.37B | 7.54B |
| Cash & ST investments | 1.05B | 510.00M | 465.00M | 320.00M | 1.38B | 479.00M |
| Inventory | 422.00M | 453.00M | 378.00M | 389.00M | 326.00M | 449.00M |
| Total assets | 72.16B | 71.13B | 78.58B | 80.17B | 81.38B | 81.04B |
| Total current liabilities | 12.12B | 11.58B | 12.18B | 12.86B | 11.37B | 10.30B |
| Short-term debt | 5.32B | 5.04B | 5.82B | 6.16B | 5.51B | 4.25B |
| Long-term debt | 33.87B | 32.52B | 35.16B | 34.90B | 37.45B | 37.52B |
| Total liabilities | 54,543,000,000.00 | 52,757,000,000.00 | 55,825,000,000.00 | 56,855,000,000.00 | 57,724,000,000.00 | 56,864,000,000.00 |
| Total equity | 17.62B | 18.38B | 22.76B | 23.31B | 23.65B | 24.18B |
| Retained earnings | -8.64B | -8.39B | -4.06B | -3.64B | -2.57B | -2.10B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 7.38B | 7.96B | 7.75B | 8.01B | 8.37B | 7.95B | 6.99B | 6.99B |
| Depreciation & amortization | 4.01B | 4.34B | 4.40B | 4.61B | 4.72B | 4.92B | 5.04B | 5.24B |
| Free cash flow | 3.36B | 3.98B | 3.47B | 1.07B | 3.23B | 3.18B | 2.56B | 3.29B |
| Dividends paid | -2.83B | -2.97B | -3.11B | -3.26B | -3.45B | -3.67B | -3.80B | -2.18B |
| Stock buybacks / issuance | -164.00M | 240.00M | 26.00M | 261.00M | 171.00M | 18.00M | -- | -- |
| Ending cash balance | 425.00M | 145.00M | 224.00M | -- | -- | 772.00M | 1.57B | 320.00M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 1.57B | 1.95B | 1.91B | 1.56B | 1.15B | 2.16B |
| Depreciation & amortization | 1.27B | 1.29B | 1.31B | 1.37B | 1.36B | 1.38B |
| Free cash flow | 842.00M | 1.18B | 1.02B | 244.00M | 308.00M | 1.08B |
| Dividends paid | -641.00M | -646.00M | -436.00M | -454.00M | -444.00M | -444.00M |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 1.05B | 510.00M | 465.00M | 320.00M | 1.38B | 479.00M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 17.67 | 18.19 | 14.67 | 15.21 | 14.70 | 11.91 | 1.08 | 37.90 |
| ROA %i | 5.00 | 5.19 | 4.14 | 4.25 | 3.99 | 2.94 | 0.22 | 8.21 |
| ROIC %i | 8.91 | 9.22 | 7.70 | 7.65 | 7.26 | 5.95 | 2.51 | 13.48 |
| 5-year avg ROE %i | 19.72 | 19.17 | 17.88 | 16.74 | 15.97 | 14.94 | 11.52 | 16.16 |
| EBIT margin %i | 21.17 | 23.03 | 19.12 | 21.40 | 20.84 | 19.45 | 10.92 | 38.75 |
| FCF / sales %i | 14.30 | 16.57 | 15.15 | 4.64 | 13.36 | 12.90 | 10.49 | 13.45 |
| Current ratioi | 0.56 | 0.56 | 0.69 | 0.68 | 0.57 | 0.65 | 0.60 | 0.58 |
| Quick ratioi | 0.42 | 0.44 | 0.54 | 0.51 | 0.41 | 0.52 | 0.47 | 0.42 |
| Debt / assetsi | 42.74 | 43.72 | 43.39 | 44.44 | 46.04 | 50.29 | 55.12 | 51.22 |
| LT debt / equityi | 120.79 | 131.31 | 140.74 | 145.17 | 151.75 | 187.99 | 242.54 | 176.89 |
| Interest coveragei | 4.97 | 4.87 | 3.94 | 4.64 | 4.40 | 3.25 | 1.56 | 5.34 |
| Revenue CAGR (3Y) %i | 2.94 | 3.09 | 0.18 | -0.03 | 0.53 | 2.54 | 1.35 | 0.40 |
| Net income CAGR (3Y) %i | 3.03 | 1.73 | -4.18 | -1.02 | -3.49 | -4.93 | -50.52 | 31.08 |
| FCF CAGR (3Y) %i | 16.69 | 11.53 | 1.40 | -31.61 | -6.76 | -2.81 | 33.58 | 0.63 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 2.58 | 2.81 | 37.14 | 37.90 | 37.05 | 35.53 |
| ROA %i | 0.54 | 0.60 | 8.16 | 8.21 | 8.19 | 8.24 |
| ROIC %i | 2.94 | 3.04 | 13.26 | 13.48 | 13.36 | 13.53 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 12.29 | 12.51 | 38.01 | 38.75 | 38.33 | 38.33 |
| FCF / sales %i | 13.88 | 15.63 | 16.17 | 13.45 | 11.16 | 10.70 |
| Current ratioi | 0.64 | 0.61 | 0.58 | 0.58 | 0.74 | 0.73 |
| Quick ratioi | 0.46 | 0.43 | 0.42 | 0.42 | 0.55 | 0.50 |
| Debt / assetsi | 54.31 | 52.80 | 52.14 | 51.22 | 52.79 | 51.55 |
| LT debt / equityi | 244.51 | 222.10 | 183.87 | 176.89 | 186.21 | 181.72 |
| Interest coveragei | 1.74 | 1.76 | 5.31 | 5.34 | 5.27 | 5.21 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Bell Communication and Technology Services (Bell CTS) Canada is the largest reported line at 82.93% of revenue, across 4 reported segments.
- The next-largest line, Bell Media, is a distant second at 14.86% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Bell Communication and Technology Services (Bell CTS) Canada82.93%
Bell Media14.86%
Bell Communication and Technology Services (Bell CTS) United States (U.S.)3.79%
Quote time 2026-10-08 07:38:19 · For reference only, not investment advice and not tailored to your situation.