BCE Inc. Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1985
Revenue	24,673	24,174	23,449	22,883	23,964	23,468	22,719	21,719	21,514	21,042	Upgrade
Revenue Growth (YoY)	2.06%	3.09%	2.47%	-4.51%	2.11%	3.30%	4.60%	0.95%	2.24%	3.15%	Upgrade
Cost of Revenue	17,250	7,641	13,556	13,276	13,858	13,933	13,541	6,705	12,963	12,739	Upgrade
Gross Profit	7,423	16,533	9,893	9,607	10,106	9,535	9,178	15,014	8,551	8,303	Upgrade
Selling, General & Admin	1,834	4,417	4,424	269	247	266	242	4,309	281	276	Upgrade
Research & Development	90	57	57	47	109	106	119	147	134	167	Upgrade
Other Operating Expenses	33	14,281	13,741	17,411	18,009	-348	-102	33	-12	42	Upgrade
Operating Expenses	1,924	18,698	18,165	17,680	18,256	17,947	17,391	9,734	16,383	16,191	Upgrade
Operating Income	5,499	5,412	5,444	5,009	5,695	5,521	5,328	5,280	5,131	4,851	Upgrade
Interest Income	67	51	1,082	1,110	1,125	0	0	0	0	0	Upgrade
Interest Expense	1,610	1,146	1,102	1,156	1,195	1,069	1,027	969	1,019	1,030	Upgrade
Other Expense / Income	697	482	1,540	1,537	1,301	528	348	170	510	392	Upgrade
Pretax Income	3,876	3,893	3,936	3,265	4,386	3,968	4,009	4,197	3,654	3,647	Upgrade
Income Tax	996	967	1,044	792	1,133	995	1,039	1,110	924	929	Upgrade
Net Income	2,263	2,868	2,840	2,634	3,191	2,929	2,914	3,031	2,678	2,500	Upgrade
Net Income Growth	-21.09%	0.99%	7.82%	-17.46%	8.95%	0.51%	-3.86%	13.18%	7.12%	18.71%	Upgrade
Shares Outstanding (Basic)	912	912	906	904	901	899	894	869	847	794	Upgrade
Shares Outstanding (Diluted)	912	912	907	904	901	899	895	870	848	795	Upgrade
Shares Change	0.02%	0.58%	0.25%	0.33%	0.28%	0.45%	2.83%	2.59%	6.76%	2.34%	Upgrade
EPS (Basic)	2.28	2.98	2.99	2.53	3.37	3.26	3.20	3.33	2.98	2.98	Upgrade
EPS (Diluted)	2.28	2.98	2.99	2.53	3.37	3.26	3.20	3.33	2.98	2.97	Upgrade
EPS Growth	-23.49%	-0.33%	18.18%	-24.93%	3.37%	1.87%	-3.90%	11.74%	0.34%	16.93%	Upgrade
Free Cash Flow	3,182	3,229	1,089	3,466	3,970	3,357	3,324	2,871	2,113	1,958	Upgrade
Free Cash Flow Per Share	3.49	3.54	1.20	3.83	4.40	3.73	3.71	3.30	2.49	2.46	Upgrade
Gross Margin	30.09%	68.39%	42.19%	41.98%	42.17%	40.63%	40.40%	69.13%	39.75%	39.46%	Upgrade
Operating Margin	22.29%	22.39%	23.22%	21.89%	23.76%	23.53%	23.45%	24.31%	23.85%	23.05%	Upgrade
Profit Margin	9.17%	11.86%	12.11%	11.51%	13.32%	12.48%	12.83%	13.96%	12.45%	11.88%	Upgrade
Free Cash Flow Margin	12.90%	13.36%	4.64%	15.15%	16.57%	14.30%	14.63%	13.22%	9.82%	9.31%	Upgrade
Effective Tax Rate	25.70%	24.84%	26.52%	24.26%	25.83%	25.08%	25.92%	26.45%	25.29%	25.47%	Upgrade
EBITDA	10,417	10,135	10,053	9,413	10,093	9,187	9,076	8,732	8,539	8,345	Upgrade
EBITDA Margin	42.22%	41.93%	42.87%	41.14%	42.12%	39.15%	39.95%	40.20%	39.69%	39.66%	Upgrade
Depreciation & Amortization	4,918	4,723	4,609	4,404	4,398	4,014	3,850	3,508	3,420	3,452	Upgrade
EBIT	5,499	5,412	5,444	5,009	5,695	5,173	5,226	5,224	5,119	4,893	Upgrade
EBIT Margin	22.29%	22.39%	23.22%	21.89%	23.76%	22.04%	23.00%	24.05%	23.79%	23.25%	Upgrade

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.