BCE Inc. (TSX:BCE)
Canada flag Canada · Delayed Price · Currency is CAD
32.57
+0.11 (0.34%)
Aug 14, 2026, 4:00 PM EST

BCE Inc. Financials Overview

Millions CAD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
24,79724,46824,40924,67324,17423,449
Revenue Growth
1.59%0.24%-1.07%2.06%3.09%2.47%
Gross Profit
11,14511,02210,93010,83310,52710,086
Operating Income
5,3845,4345,6075,6075,5275,264
Net Income
6,2706,3051632,0762,7162,709
Earnings Per Share
6.726.790.182.282.982.99
EPS Growth
1326.92%3698.16%-92.15%-23.62%-0.31%8.30%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Bell CTS Total Operating
21,94221,68121,61921,92621,031-
Bell Media Total Operating
3,2323,1543,1513,1173,2543,036
Revenue (Total)
24,79724,46824,40924,67324,17423,449

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
4793201,9721,772149289
Total Debt
41,77641,05940,50436,17731,92029,673
Net Cash (Debt)
-41,297-40,739-38,532-34,405-31,771-29,384
Net Cash Growth
------
Net Cash Per Share
-44.28-43.85-42.24-37.72-34.84-32.41

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
6,7866,9936,9887,9468,3658,008
Capital Expenditures
-4,129-3,700-3,897-4,581-5,133-4,852
Free Cash Flow
2,6573,2933,0913,3653,2323,156
Free Cash Flow Growth
-30.59%6.54%-8.14%4.12%2.41%-11.15%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
44.95%45.05%44.78%43.91%43.55%43.01%
Operating Margin
21.71%22.21%22.97%22.73%22.86%22.45%
Pretax Margin
30.98%31.50%3.90%13.47%16.10%16.79%
Profit Margin
25.29%25.77%0.67%8.41%11.24%11.55%
FCF Margin
10.71%13.46%12.66%13.64%13.37%13.46%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.7502.3103.9903.8703.6803.500
Dividend Per Share Growth
-39.02%-42.10%3.10%5.16%5.14%5.10%
Dividend Yield
5.37%7.24%13.17%8.94%7.97%7.25%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
4.844.84186.4922.9319.9822.08
Forward PE
13.2512.6411.4116.3417.1219.65
P/FCF Ratio
11.439.279.8314.1416.7918.95
PS Ratio
1.221.251.251.932.242.55