BCE Inc. (TSX:BCE)
Canada flag Canada · Delayed Price · Currency is CAD
30.08
+0.17 (0.57%)
Jul 24, 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 EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
24,70624,46824,40924,67324,17423,449
Revenue Growth
1.55%0.24%-1.07%2.06%3.09%2.47%
Gross Profit
10,73110,65810,58910,41710,1999,893
Operating Income
4,122-6,193-7,4105,1565,1034,878
Net Income
6,2916,3051632,0762,7162,709
Earnings Per Share
6.776.790.182.282.982.99
EPS Growth
1511.90%3672.22%-92.11%-23.49%-0.33%8.33%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Bell CTS Total Operating
21,92021,68121,61921,92621,031-
Bell Media Total Operating
3,1573,1543,1513,1173,2543,036
Revenue (Total)
24,70624,46824,40924,67324,17423,449

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,3763201,9721,772149289
Total Debt
42,96041,05940,50436,17731,92029,673
Net Cash (Debt)
-41,584-40,739-38,532-34,405-31,771-29,384
Net Cash Growth
------
Net Cash Per Share
-44.61-43.85-42.24-37.72-34.86-32.42

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
6,5716,9936,9887,9468,3658,008
Capital Expenditures
-3,812-3,700-3,897-4,581-5,133-4,852
Free Cash Flow
2,7593,2933,0913,3653,2323,156
Free Cash Flow Growth
-27.45%6.54%-8.14%4.12%2.41%-9.78%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
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%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '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
-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%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
4.464.82185.1122.8819.9622.01
Forward PE
12.1412.6411.4116.3417.1219.65
P/FCF Ratio
10.179.279.8314.1416.7918.96
PS Ratio
1.141.251.251.932.242.55