BCE Inc. (TSX:BCE)
30.08
+0.17 (0.57%)
Jul 24, 2026, 4:00 PM EST
BCE Inc. Financials Overview
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 24,706 | 24,468 | 24,409 | 24,673 | 24,174 | 23,449 |
Revenue Growth | 1.55% | 0.24% | -1.07% | 2.06% | 3.09% | 2.47% |
Gross Profit Gross Profit Growth | 10,731 | 10,658 | 10,589 | 10,417 | 10,199 | 9,893 |
Operating Income Operating Income Growth | 4,122 | -6,193 | -7,410 | 5,156 | 5,103 | 4,878 |
Net Income Net Income Growth | 6,291 | 6,305 | 163 | 2,076 | 2,716 | 2,709 |
Earnings Per Share EPS Growth | 6.77 | 6.79 | 0.18 | 2.28 | 2.98 | 2.99 |
EPS Growth | 1511.90% | 3672.22% | -92.11% | -23.49% | -0.33% | 8.33% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Bell CTS Total Operating Bell CTS Total Operating Growth | 21,920 | 21,681 | 21,619 | 21,926 | 21,031 | - |
Bell Media Total Operating Bell Media Total Operating Growth | 3,157 | 3,154 | 3,151 | 3,117 | 3,254 | 3,036 |
Revenue (Total) Revenue (Total) Growth | 24,706 | 24,468 | 24,409 | 24,673 | 24,174 | 23,449 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 1,376 | 320 | 1,972 | 1,772 | 149 | 289 |
Total Debt Total Debt Growth | 42,960 | 41,059 | 40,504 | 36,177 | 31,920 | 29,673 |
Net Cash (Debt) Net Cash Growth | -41,584 | -40,739 | -38,532 | -34,405 | -31,771 | -29,384 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -44.61 | -43.85 | -42.24 | -37.72 | -34.86 | -32.42 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 6,571 | 6,993 | 6,988 | 7,946 | 8,365 | 8,008 |
Capital Expenditures CapEx Growth | -3,812 | -3,700 | -3,897 | -4,581 | -5,133 | -4,852 |
Free Cash Flow Free Cash Flow Growth | 2,759 | 3,293 | 3,091 | 3,365 | 3,232 | 3,156 |
Free Cash Flow Growth | -27.45% | 6.54% | -8.14% | 4.12% | 2.41% | -9.78% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 43.43% | 43.56% | 43.38% | 42.22% | 42.19% | 42.19% |
Operating Margin | 16.68% | -25.31% | -30.36% | 20.90% | 21.11% | 20.80% |
Pretax Margin | 9.33% | -9.65% | -38.35% | 13.47% | 16.10% | 16.79% |
Profit Margin | 26.30% | 26.62% | 1.54% | 9.43% | 12.10% | 12.33% |
FCF Margin | 11.17% | 13.46% | 12.66% | 13.64% | 13.37% | 13.46% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 25, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 1.750 | 2.310 | 3.990 | 3.870 | 3.680 | 3.500 |
Dividend Per Share Growth | -48.98% | -42.10% | 3.10% | 5.16% | 5.14% | 5.10% |
Dividend Yield | 5.82% | 6.66% | 11.89% | 7.33% | 6.11% | 5.25% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 25, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 4.46 | 4.82 | 185.11 | 22.88 | 19.96 | 22.01 |
Forward PE | 12.14 | 12.64 | 11.41 | 16.34 | 17.12 | 19.65 |
P/FCF Ratio | 10.17 | 9.27 | 9.83 | 14.14 | 16.79 | 18.96 |
PS Ratio | 1.14 | 1.25 | 1.25 | 1.93 | 2.24 | 2.55 |